Streaming has become the most popular form of music consumption in recent years, accounting for roughly 64% of all recorded music revenues according to the RIAA US sales database. One of the most common questions, especially for musicians, is how those revenues are broken down, and how much each artist gets paid per stream. Though that number differs with every streaming service, most artists are in agreement that it’s not nearly enough. The most popular service, Spotify, accounts for over 44% of the market share. However, despite how favorable it is with consumers, the streaming giant pays an average of only $0.00348 per stream, according to data sourced from The Trichordist. To put that into perspective, an artist earning three tenths of a cent per stream would make ...
Artists who reach the nine-figure mark in the coming months will be added to the appropriate genre stations, with their music featured at the beginning of the station to mark the milestone. Pandora’s Billionaires program launched in 2018 when the service presented artists who had reached the marker with a commemorative plaque. Over the past three years, hundreds of artists have been honored for reaching the coveted figure, including Taylor Swift, Lil Wayne, Mariah Carey, Bad Bunny, Ed Sheeran and The Weeknd. Listeners can find the new stations in the “Billionaires” module on the “For You” section of the Pandora app. The full list of stations is below. Country Billionaires: Featuring music from Jason Aldean, Chris Stapleton, Miranda Lambert, Florida Georgia Line and more. Pop Billionaires: ...
But the committee’s report goes further, concluding in sweeping fashion that the global streaming model pioneered and dominated by Spotify, Apple, YouTube and Amazon Music, is unsustainable in its current form. “Streaming has undoubtedly helped save the music industry following two decades of digital piracy, but it is clear that what has been saved does not work for everyone,” the committee writes in its 200-page report. “The issues ostensibly created by streaming simply reflect more fundamental, structural problems within the recorded music industry. Streaming needs a complete reset.” In 2020, roughly two-thirds of Spotify’s global streams came from music distributed by the major record labels, Spotify said in a March 19 written submission to the DCMS committee, although that total ...
The relationship between music and gaming is one that ages with grace—a marriage Pandora is celebrating with the launch of a new radio experience. To commemorate the one-year anniversary of Pandora’s “Game Time” initiative, the streaming giant has launched a complimentary listening experience called Game Time Radio. Meticulously curated by gamers, the music hub allows users to select songs and beats to soundtrack their adrenaline-fueled gaming sessions. Game Time Radio offers four new listening Modes, each of which offer their own unique vibe. “Level UP” focuses on essential hip-hop while “Open World” slithers into the ambient and downtempo alleys of electronic music, offering glacial beats. “Pixelated” will feel the...
A fascinating deep dive into dance music was recently published to Spotify‘s For the Record, a dedicated blog and podcast managed by the streaming giant. According to Spotify’s “The State of Dance Music” report, For The Record spoke with the company’s global dance curators about current and future trends they’re observing within the genre. This is the team responsible for providing listeners with playlist content for Crate Diggers, mint, and a plethora of other popular dance music playlists. The piece provides a prescient perspective into how these decision makers view the genre at large—and where we may be headed. Overall, the health of dance music’s immediate future received glowing remarks. Despite stagnation related to closed c...
The government action is part of a broader attempt by Beijing to regulate its domestic technology sector, which grew rapidly after years of relatively little regulation. Since last December, regulators have fined 11 companies, including Tencent, Baidu, Alibaba and ByteDance, for failing to disclose past acquisitions and investments. News of the regulatory fines sent shares of Tencent Music Entertainment on the New York Stock Exchange down more than 10% on Wednesday and Thursday to $12.69 a share. Shares of other Chinese tech companies listed in the U.S., including JD.com, Alibaba and Pinduoduo, also slid. (TME rebounded slightly on Friday, up 1.5% to $12.88.) Still, despite the sweeping penalties enacted, the lack of forced divestitures seemed to allay investor concerns that Tencent Music ...
The MLC was created by the Music Modernization Act (MMA) to collect mechanical royalties from digital services and create a database matching recordings to rights owners. It is also tasked with collecting the right ownership information for each song and maintaining a database so that the correct rights owners and songwriters receive proper payments. Before the MLC was created and launched on Jan. 1 2021, this process was handled by the digital services and their consultants and resulted in some $424.3 million in unmatched royalties. Those funds have since been turned over to the MLC for distribution. The MLC must first try to match those royalties with the rightful owners of those songs, and it has three years to do so, according to the MMA. After that, if the correct rights owners can’t ...
The Pitch: Ask any self-respecting millennial music dork which two people he’d like to have dinner with, living or dead, and chances are Rick Rubin and Paul McCartney are somewhere at the top of that list. Luckily, with Hulu’s new six-part docuseries McCartney 3,2,1, we get the closest possible thing, with Rubin and McCartney spending a long afternoon in a recording studio, the former grilling the latter about his history with the Beatles, his collaborations with John Lennon and George Martin, and taking apart some of his most famous tracks to see what they’re made of. The Notes That Like Each Other: One of the unexpected joys of Zachary Heinzerling’s docuseries is just how relaxed it is. There’s no pressure to use McCartney and Rubin’s time together as a comprehensive ...
The Pitch: Josh (Keegan-Michael Key) and Melissa (Cecily Strong) have hit a roadblock in their relationship: he’s too aloof, she’s too controlling, and the pair are steamrolling towards an abrupt end. But on a last-ditch backpacking trip to rediscover their bliss, they stumble upon something stranger: A mysterious, brightly-lit town called Schmigadoon, where everything looks like a colorblind-cast version of a ’40s villa and the townspeople burst into song at the drop of a straw hat. Soon, they discover that they’re trapped in the cloyingly musical town until they can find “true love” — love that it seems they don’t have anymore (if they ever did). Will the two patch up and get out? Or will they have to find a way to adjust to this new, toe-tapping normal? Corn Puddin’, Corn Puddin’, ...
“I have the power!” Netflix has unveiled the first full-length trailer for its upcoming animated series Masters of the Universe: Revelation. The clip reintroduces fans to the world of Eternia, which is slowly losing its magic long after the events of the 1980s series He-Man and the Masters of the Universe. “I built a life of truth, away from magic. Now you want me to save magic?” Sarah Michelle Gellar’s Teela, captain of Eternia’s royal guard, demands as she angrily tosses her tiara-like helmet to the ground. The answer to Teela’s query appears to be ‘yes,’ as she joins forces once again with Prince Adam (voiced by The Vampire Diaries’ Chris Wood) to protect their planet from Mark Hamill’s villainous Skeletor. “Whatever became of Eternia, we’ll face it. Together. No one else dies,” the pri...