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All this week, news stories have been highlighting the precarious financial situation of many artists. First Salon.com reported that music streaming sites are reducing the royalties paid out to classical and jazz musicians. Then writer Daphne Carr addressed the problem of unpaid gigs. And finally, actor Ian McKellen called for a living wage for stage actors. -
Vulfpeck 'Sleepify': L.A. Band Receives $20,000 From Spotify For 'Silent Album'
Music streaming service Spotify is notoriously stingy when it comes to paying out royalties to musicians, but Los Angeles funk band Vulfpeck somehow managed to get $20,000 from the company without recording a single note of music. The band's debut album Sleepify is a five-minute, 10 track release containing nothing but absolute silence, and yet it received 5.5 million plays in just seven weeks. Why would anyone possibly want to listen to this album, let alone 5.5 million times? -
Spotify's Most-Streamed And Most-Viral Songs Of 2014 So Far: Katy Perry's 'Dark Horse,' Pitbull's 'Timber,' John Legend's 'All Of Me," And More
Spotify recently released its list of the most-streamed and most-viral songs of 2014 so far. Topping the list for both Most-Streamed Song Globally and Most-Streamed Song In United States is Katy Perry's "Dark Horse." The track also reached No. 3 on The Most-Streamed Song In The U.K. It amassed more streams that any other song in the world with more than 142 million streams over the last six months. -
Spotify users skip a lot. Teenagers and weekenders are mostly to blame, according to The Echo Nest
Paul Lamere, director of developer platform for The Echo Nest (a data analysis firm that was acquired by Spotify in March) presented a number of graphs that indicate we as users skip a lot of songs. -
Spotify receives $200 million credit from lenders...is an IPO forthcoming?
Spotify still hasn't made anything official about whether it plans to go public anytime soon, but further proof has emerged to suggest the music streaming site is either planning an IPO, or building a stealth fighter jet. The company received a $200 million line of credit from Morgan Stanley, Credit Suisse, Deutsche Bank and Goldman Sachs, which generally indicates the approach of an initial public offering. -
Playing with Forgotify: does the new streaming app help users find new music?
Today (Feb. 13), the top songs on Spotify are Katy Perry's "Dark Horse," Jason Derulo's "Talk Dirty" and A Great Big World's "Say Something," massive hits whose streaming numbers have all helped to notch them spots in the top 5 on Billboard's Hot 100 chart... but, what about music by Steve Haggard, Johnny Richardson and Ftah? No one has ever listened to them on Spotify... before me, that is. -
Spotify lures The Times subscribers with free premium membership
Spotify hasn't had to deal with much competition in terms of music streaming services. Beats Music, the new product offered by the makers of Beats by Dre headphones, has made ground at an alarming rate and stands to catch Spotify a lot quicker than the latter had planned. The older service isn't taking it lying down however, and will soon be offering premium memberships to thousands of newspaper readers. For free. -
On-Demand audio streaming more than doubled in 2013 as digital downloads decrase
It seems as though a new way to consume music is the way of the future. Last year, digital downloads were down for the first time since the concept was introduced, and now it seems as though the music industry has found the cause: audio streaming. -
Study suggests that streaming will soon be more profitable than physical or digital sales
According to Digital Music News, data reviewed by the Wall Street Journal shows that one major record company earns more annually, on average, from paying customers of streaming services than it does from downloads or CD sales. -
Spotify will allow users to select individual tracks on free version of mobile app according to company source
An unverified report from an anonymous source within Spotify has informed Billboard that the service app will begin allowing the selection of individual songs to make your own playlists on the mobile app this week. -
Spotify reveals how much it pays per stream, and it isn't much
Spotify has opened up a little bit with regards to the continuing argument between the service, musicians and the music industry, but don't look for the squalor to die down anytime soon. The music streaming site has launched a new Spotify Artists website to detail how much musicians can expect to earn from the average song-stream. -
Deezer aims for Spotify with streaming service's January entry to the American market
You, unless you are one of our fine readers from around the world, have probably not dealt with Deezer. Spotify is the reigning music streaming service in the United States, but Deezer-one of the planet's biggest competitors to the aforementioned streamer-aims to enter the American market in January 2014.
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