Spotify
The Ledger: Spotify’s Paul Vogel Is Cautiously Optimistic on Growth
The Ledger is a weekly newsletter about the economics of the music business sent to Billboard Pro subscribers. An abbreviated version of the newsletter is published online. Music executives are balancing optimism about streaming growth with caution about the state of the economy and future growth. As we reported Wednesday, Spotify had a solid second quarter, finishing with 188 million subscribers — 1 million ahead of its guidance., It also reached 433 million total monthly listeners — 5 million above its guidance. Beating guidance helped Spotify shares climb 12.2% to $116.61 on Wednesday, its highest mark since June 24. In the second quarter, Spotify’s subscription growth was led by Europe and Latin America, while emerging markets such as India, Indonesia and the Philippines were standouts...
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EDM.com Playlist Picks: Calvin Harris, Beyoncé, Tiësto & More [7/29/22]
The electronic music community is constantly evolving with new sounds every week, as artists become more innovative with their compositions. EDM.com’s weekly “Playlist Picks” series highlights the top releases in the genre, helping uncover the latest tracks that will soon dominate the dance music scene. EDM.com Top Hits Beyoncé – Energy John Summit & Guz – What A Life (feat. Stevie Appleton) Calvin Harris – New To You (with Normani, Tinashe & Offset) Jacknife – HIGHER Festival Hits 2022 Nostalgix – Heat Rush Scroll to Continue Recommended Articles Knock2 – dashstar* – VIP Tiësto – Baila Conmigo Electronic Avenue Illenium & Teddy Swims – All That Really Matters Segan – In Your Arms Maazel, Darby & ...
“Race to the Bottom”: U.S. Representative Drafts Letter to Congress for Music Streaming Royalty Reform
The hammer may soon come down on digital service providers. It’s an axiom among music industry professionals that royalties generated from streaming services are abysmal. While these companies rake in record profits and lease luxury office spaces for their employees, the musicians who constitute their userbases often bemoan their business models for practices many deem to be exploitative. Rashida Tlaib, the U.S. representative for Michigan’s 13th congressional district, has written a letter to Congress proposing that musicians should be fairly compensated for their work distributed by digital service providers like Spotify and Apple Music. Tlaib says she has been working closely with the Union of Musicians and Allied Workers (UMAW) to advocate for royalty reform. “W...
The Ledger: Royalty Growth Requires Changing More Than How They’re Calculated
The Ledger is a weekly newsletter about the economics of the music business sent to Billboard Pro subscribers. An abbreviated version of the newsletter is published online. If The Beatles wrote a song about music royalties, the band would sing about a “Long and Winding Road” to higher subscription fees and better pay for artists and labels. The music subscription business model has become the record industry’s main breadwinner since launching in the early 2000s. But for two decades, many artists and rights holders have bristled at the royalty rates paid by streaming services. Some rates have improved: ad-supported royalties grew as online advertising matured. Royalties from subscription services have less wiggle room for change, however. The biggest innovation is a change in how to divvy a...
Netflix’s Better-Than-Expected Subscriber Forecast is Good News for Music Streamers
Investors have reason to feel upbeat about subscription businesses after Netflix revealed better-than-expected quarterly results on Tuesday (July 19). Netflix subscribers dropped 970,000 subscribers to 220.7 million in the second quarter — it warned in April that it expected to lose as many as 2 million subscribers — and forecast a 1 million-subscriber gain in the third quarter. Analysts polled by Refinitiv expected Netflix to lose an average of 1.84 million subscribers in the second quarter, according to Reuters. The good news caused Netflix’s share price to quickly rise 8.2% to $218.15 in after-hours trading on Tuesday, up from $201.63 on Monday, when shares gained 5.6%. Still, Netflix shares are down 66.5% year to date through Tuesday. Tuesday’s announcement was also good news for other...
Culture: New Doc Series Based On Spotify’s RapCaviar Playlist Coming To Hulu
HipHopWired Featured Video Source: RapCaviar / Spotify One of the culture’s most exclusive outlets is going from playlist to television. Hulu has ordered a new show based on RapCaviar. As per Deadline Hulu has ordered RapCaviar Presents from Spotify and The Intellectual Property Corporation (IPC), a part of Sony Pictures Television, to series. The documentary series is set tackle some of today’s most provocative issues through stories of the Hip-Hop visionaries currently ruling the charts and influencing our culture. The series is an extension of Spotify’s flagship Hip-Hop playlist, RapCaviar, the leading destination for conversations and culture. The channel has featured over 13,500 artists to-date and currently has over 14 million followers. Related Stories The eight episode series ...
Streaming Subscriptions Jump Up by 70% in South Africa
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Crosby, Stills & Nash Return to Spotify Following Joe Rogan-Inspired Exodus
In February, Crosby, Stills & Nash joined their old bandmate Neil Young in removing their music from Spotify to protest the spread of COVID-19 misinformation on the platform. Now, five months later the musicians’ music is back on the platform. Young spurred a sort of Spotify Exodus earlier this year when he announced he was taking his music off the streaming service to protest the COVID-19 misinformation spread by Joe Rogan’s Spotify-exclusive podcast. Graham Nash followed suit first, removing his solo recordings from the streamer and announcing “I completely agree with and support my friend Neil Young.” Soon after, Crosby and Stills’ solo works, as well as all music recorded as CSNY, CSN, and CN, had been taken off Spotify. Now, Crosby, Stills & Nash are back on Spotify as a ...
Crosby, Stills & Nash Music Returns to Spotify
Crosby, Stills & Nash music can now be streamed on Spotify once again, five months after David Crosby, Graham Nash and Stephen Stills requested their labels remove their recordings in support of Neil Young‘s decision to leave the streaming service. Explore Explore See latest videos, charts and news See latest videos, charts and news Their music is available via Spotify as of Saturday (July 2). CSN will donate proceeds from streams to COVID-19 charities for at least a month, a source tells Billboard. In February, the band members commented, “We support Neil and we agree with him that there is dangerous disinformation being aired on Spotify’s Joe Rogan podcast. While we always value alternate points of view, knowingly spreading disinformation during this global pandemic has deadly conseq...
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Hip-Hop Wired Presents: CRT FRSH [Certified Fresh] Playlist 7.1.22
HipHopWired Featured Video Source: martin-dm / Getty Peace to the HHW Nation! We’re back with a new update to our CRT FRSH (Certified Fresh) playlist and we’ve put together another dope collection. Part of our duty as a publication and crew is to school the masses on who is doing what musically and there’s no better way to do that beyond our CRT FRSH (Certified Fresh) bi-weekly playlist. The CRT FRSH playlist is a labor of love. We don’t take payments nor do we do favors. We only add joints to our playlist that fit the theme and vision we’re going for and don’t seek to waste the time of the listener. Further, we don’t stick to one lane of Hip-Hop. We believe that all aspects of the music should get some light whether it’s young lions in the trenches to those hoping for that one shot to blo...
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EDM.com Playlist Picks: Zeds Dead, AC Slater & Slushii [7/1/22]
The electronic music community is constantly evolving with new sounds every week, as artists become more innovative with their compositions. EDM.com’s weekly “Playlist Picks” series highlights the top releases in the genre, helping uncover the latest tracks that will soon dominate the dance music scene. EDM.com Top Hits I Took A Ride – Zeds Dead Whole Again – Steve Aoki & KAAZE Calabria (Claptone Remix) – Rune Festival Hits 2022 Westcoaster (AC Slater Remix) – Night Bass True Colours – Sivz Scroll to Continue Recommended Articles Watch That Tongue (Eleganto Remix) – Cloverdale Electronic Avenue Pick Yourself Up – Slushii Moment – Athena & smle IF THIS IS A DREAM – k?d These tracks can be accessed on the EDM.com...
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EDM.com Playlist Picks: Beyoncé, CID, Slushii & More [6/25/22]
The electronic music community is constantly evolving with new sounds every week, as artists become more innovative with their compositions. EDM.com’s weekly “Playlist Picks” series highlights the top releases in the genre, helping uncover the latest tracks that will soon dominate the dance music scene. EDM.com Top Hits BREAK MY SOUL – Beyoncé pogo – bbno$ & Diplo WTF – Dr. Fresch Festival Hits 2022 La La La – CID Scroll to Continue Recommended Articles Mind Games – Yurie Laserbeam – Ray Volpe Electronic Avenue Never Be – Tsu Nami & Jade Alice Forever With U – Slushii Eden – Juelz These tracks can be accessed on the EDM.com Top Hits Playlist, Electronic Avenue Playlist and Festival Hits 2022 Playlist. [flexi-co...
