Startups and change makers leveraging music and music technology to curate a more creative world.
This week we have some great pieces to share with you covering a wide range of topics in the music industry.
YouTube’s, The Foundry, announces this round of artists they are offering services to. Interesting that now the digital service platforms are taking on the labels-as-a-service approach that is rapidly spreading across the industry.
Downtown Music bought CDBaby for $200 million.
An artist shares how they have continued to build their monthly income on Spotify with Discover Weekly.
iHeartMedia files for their IPO just months after declaring bankruptcy.
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Leading Indian music streaming platform JioSaavn has cut the cost of its annual ‘Pro’ subscription by 75%. The move comes just weeks after Spotify and YouTube Music launched in India. Previously, JioSaavn charged $14.49 or Rs. 999 for a full year of Pro, now it’s just $4.34 or Rs. 299.
Spotify announced plans on Tuesday to acquire Parcast, the podcast network behind Cults, Mythology and other highly scripted infotainment programs. Terms of the deal, which is expected to close soon, have not been disclosed.
Good playlist curators are in demand in the modern streaming market. The latest service shouting about its tune-pickers is SoundCloud, which launched a selection of new “handcrafted” playlists yesterday.
We know that music from Latin America has been on a roll globally in recent years, driven by streaming services from Spotify, Apple Music and Pandora to YouTube. How’s that paying off in the world’s biggest recorded-music market?
Amazon Music will be the fastest growing music service in the US this year, according to a new analysis, crossing 35 million monthly listeners in 2019. That trend will continue through 2023. eMarketer predicts a growth rate for Amazon of 17.7% year over year. Earlier this week, eMarketer’s data dive.
Music publishers are currently engaged in verbal fisticuffs with a group of music-streaming services, and Spotify in particular, over the group’s plans to appeal against new songwriter royalty-rates set by the US Copyright Royalty Board (CRB). But in a valedictory interview with Variety on his last day as chairman and CEO of publisher Sony/ATV, Martin Bandier suggested that labels have more to fear from the DSPs in the longer term.
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