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Amidst all of the pressure from other major streaming services like Spotify, Apple Music and TIDAL, Soundcloud has found itself struggling to keep up as it attempts to resolve its ability to monetize the content on its platform without alienating its users. On Tuesday, the service announced a move to cap the number of plays on a third party site like a blog using a Soundcloud customized API. The cap is at 15,000 plays over 24 hours per streamable item, which may sound like a lot, but for a select few number of sites that are able to drive a lot of traffic, this could be pretty devastating. -
Spotify Charts Most Popular Keys in 30 Million Song Catalogue (Hint: It's Major)
Spotify's Insights blog took to the streaming service's massive music catalogue with the intent of figuring out what keys were most popular among the 30 million tracks. Every song is based around one of 12 possible notes, as well as a mode (generally major for "happier" music and minor for "sad"). That results in nearly every piece of Western music being played in one of 24 possible keys. Jazz pianist Kenny Ning moonlights as a data analyst for Spotify and he charted the results of what he found. So what key was most popular? -
Ultra Records CEO Patrick Moxey Backs Sony In Soundcloud Fight
The battle between Sony and Soundcloud has turned ugly this month as the label has decided to start pull down it's artist's music from the Berlin music service. Among those who have been affected this far include Adele, Miguel, Passion Pit and in the next day or two Madeon. Sony Music recently bought dance music label Ultra Records as its U.S. electronic music branch. Ultra Records CEO Patrick Moxey was a speaker at IMS Engage in Ibiza, a conference for electronic music industry folks and he was asked about the conflict between his label parent and Soundcloud. According to Music Week, he backed Sony and spoke rather candidly about the lack of monetization opportunities found on Soundcloud at the moment - a common theme echoed among labels now. -
Leaked Sony, Spotify Contract Reveals One-Sided Streaming Splits
Streaming is the next frontier for music - denying it is only going to make the transition harder. The primary issue has been getting artists, songwriters and content creators paid a fair shake for their music. While most of the attention has been focused on services like Spotify and their small payouts, little has been given to the labels and their contracts with the streaming services, which have been kept secret until now. The Verge was able to obtain a copy of Sony's previous agreement with Spotify, which shines light on the splits, advances and payments that the major label was able to get from the Swedish streaming giant, as well as some outside revenue sources that have not been previously shared. -
Spotify, Starbucks Partner Turning Baristas Into Coffee Shop DJs
Even with the recent push back against streaming services over their per-stream royalty payments, their impact on the music industry continues to grow at a remarkable rate. The largest company of them all, Spotify, announced another massive corporate partnership today that will bring the service to a whole new swath of customers. According to a news release today, Spotify has partnered with coffee store giant, Starbucks, where it will be integrated into the Seattle-based company's 7,000 United States stores and 10M member My Starbucks Loyalty Program. The partnership will allow baristas to create playlists that will then be played at their local store. -
Warner Music Group 2015 Q1 Earnings: Streaming Revenue Surpases Downloads
As industry observers see the growing dominance of streaming, many have waited for the moment when it would become more important than digital downloads. Warner Music Group announced its first quarter earnings ending on March 31st and the main takeaway from their report was that streaming has at last surpassed downloads the primary source of revenue for the smallest of the three major labels. -
Spotify Posts Biggest Revenues, Biggest Losses Ever During 2014
Spotify continued to lose money during 2014, although financial analysts still suggest that this isn't necessarily a bad thing...yet. The Swedish streaming company had its highest revenues ever during the last financial year, yet it posted overall losses of more than $185 million. So what's the story? -
Spotify Reportedly Entering Web Video Business — Competing with YouTube?
As streaming services become more and more ubiquitous across society, the more their moves will have an impact on the music industry and the tech world at large. Swedish streaming giant, Spotify, is reportedly plotting a move into the crowded web video business. According to reports, Spotify has been reaching out to several different media players about potential partnerships. Some of these companies specialize in creating content for YouTube and are looking to acquire content and co-create original video series. -
DOJ Investigating Apple Pressuring Labels to End Free Spotify Streaming
If anyone isn't convinced that streaming is the next frontier of music, the developments behind the scenes occurring right now in 2015 should be enough to show them otherwise. Apple has been busy lately revamping Beats Music, the streaming arm of Beats, which they purchased for $3 billion last May and some details have leaked out to the press about what the future of Apple music is starting to look like. The Silicon Valley giant is making some aggressive moves to leverage its size in the industry and according to recent reports, it may have overstepped the boundaries with a DOJ investigation pending on Apple's pressuring the major's to end free streaming on Spotify. It has also reportedly lobbied Universal Music Group to take down its music from YouTube. -
Roger Waters Calls Silicon Valley Executives 'Rogues and Thieves'
With the recent emergence of Jay Z's Tidal and the steady popularity of Spotify, artists have been flocking to support or challenge streaming services. The latest to combat music streaming is Pink Floyd front man Roger Waters, who calls Silicon Valley executives "rogues and thieves" concerning change within the music industry. -
You Won't Listen to New Music After You Turn 33, According to Study
This obviously doesn't apply to Music Times readers, but a new study has estimated that the average music listener stops seeking out new music past the age of 33. Ajay Kalia, representing the website Skynet & Ebert, tapped into the data available via Spotify and its Echo Nest analytics branch to check out what listeners of various ages were streaming...and it seems like people in their late-30s and beyond weren't exactly tuning into Rae Sremmurd. -
Spotify Worth More Than Entire Music Industry? Only If You Compare Apples and Oranges
A new report has come forward claiming that streaming service Spotify is worth more than the music industry as a whole. Understanding that Spotify is itself part of the music industry, take ease in knowing that the statistics presented as part of the Wall Street Journal's eye-opening reports isn't exactly apples-for-oranges.
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