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It's no secret that Spotify isn't a big money maker for most artists. But, in its annual Loud & Clear report , the music streamer is trying to change the narrative, reiterating an earlier claim that it paid artists $10 billion in 2024 ($60 million since launching) and adding that these payments increased tenfold over the last 10 years.
The once-iconic music-sharing platform Napster just sold for $207 million, according to reporting by CNBC. More specifically, the company plans on creating virtual 3D spaces for music fans to attend concerts and listening parties, in addition to creating a sales platform for musicians and labels to sell merch.
Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company posted on its artist dashboard and first reported by the Wall Street Journal. Announcing a penny-per-stream rate is a nice PR win for Apple Music, since it is 1. very simple and 2.
Theres no such thing as one best musicstreaming service. Most of these apps are designed around the same principles and provide access to a huge music catalog. Pretty much none of them are paying artists properly, yet nearly all of them are steadily raising prices.
Amazon is adding a large vault of music videos to its Amazon Music Unlimited service. Unlike some competitors like YouTube Music, Amazon’s videos are only available to paying subscribers, according to Android Police — not listeners on the ad-sponsored free tier. There will also be music video playlists to watch through.
the financial services company founded by Twitter CEO Jack Dorsey, is acquiring a majority stake in Tidal, the high-fidelity audio and video streaming service led by Jay-Z. Asking the obvious question in a thread on Twitter, Dorsey said : “Why would a musicstreaming company and a financial services company join forces?!”
No matter what you do during your waking hours — work at home or outside of it; commute in a car, a train, or by walking from your bedroom to your living room; or spend your days watching the kids or job hunting — you’re probably spending at least some of that time listening to music. But where do you find that music? YouTube Music.
Universal Music Group wants musicstreaming platforms like Apple Music and Spotify to block AI services from scraping melodies and lyrics. Read Entire Article
The Screen Actors Guild Awards, hosted by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA), is set to take place tonight (Sunday, February 23) at 8 p.m. Another alternative is to stream People and Entertainment Weekly s live-streamed coverage on YouTube. Who is the host of the SAG Awards?
Soundtrack is an application that broadcasters can use to add popular music from independent artists to their streams. On Wednesday, Twitch released a new feature that should help streamers avoid copyright strikes.
Spotify is continuing its effort to offer some transparency to musicians who are unhappy with its streaming rates. The company updated its “Loud & Clear” website today, providing a breakdown of some 2021 metrics for how artists, publishers, and rights holders actually make money off Spotify streams. And of those 2.6
Sona is a new web3 streaming protocol that uses DeFi primitives (decentralized finance basic building blocks) to put the financial power back into artists’ hands with its rewards model, auctions and ad-free streaming.
Creative platform EVEN , which allows artists to sell music directly to fans, said it has closed a $2.2 The platform positions itself as the first stop before artists release music on streaming platforms. For fans, it has become increasingly costly to support their favorite artists.
Today, Twitch releases Soundtrack , a new product that allows streamers to play music while they’re live — or, at least, that’s the simplest way to explain it. If the product works the way Twitch says it does, Soundtrack will be much more than just a way to play rights-cleared music while you’re broadcasting.
Bandcamp launched a ticketed live stream service for virtual concerts yesterday called Bandcamp Live. The streaming service lets artists make money from live performances online, and may help some of the independent musicians who favor Bandcamp recoup money lost in canceled tours. Image: Bandcamp.
Music is a daily part of many of our lives and the year is coming to an end. Wouldn’t it be cool if you could see what your music said about you this year? You don’t have to wait for your musicstreaming service to provide that for you anymore—you can see and learn from your listening data at any point in the year using Tableau.
Universal Music Group is modifying its contracts to extend the period in which an artist can rerecord their music, The Wall Street Journal reported. The move comes after the success of Taylor Swift’s rerecorded albums and the music label’s effort to gain more rights from artists who decide to rerecord their work.
Apple’s year-end review and answer to Spotify Wrapped, Apple Music Replay, has arrived, but it’s still no match for Spotify’s personalized look back at your year in music.
As this is being written, we are still in the midst of the Spotify controversy , during which artists are abandoning the audio service in protest of that company’s contract with podcaster Joe Rogan. Neil Young was the first to pull his music from the service, followed by Joni Mitchell and others. Amazon Music. Amazon Music.
First, they represent the intrinsic value of copyright ownership, and second, the emotional value of owning something scarce that’s associated with your favorite artist. Music, for example, is invisible, so it wouldn’t make sense for music NFTs to be applied the same way as NFTs for visual art, he said.
Social musicstreaming startup Stationhead announced today that it’s launching a new live commerce tool that allows select artists and hosts to sell digital tracks to fans during livestreaming parties on their stations. The platform started as a way to recapture the personality of traditional radio broadcasts.
Snap is making good on its word to bring music to Snapchat and setting itself up to compete even more so with TikTok and Instagram. The company announced today that iOS users around the world will be able to include popular music in their snaps. Snap doesn’t say how big its music catalog is other than calling it “robust and curated.”
Music is a daily part of many of our lives and the year is coming to an end. Wouldn’t it be cool if you could see what your music said about you this year? You don’t have to wait for your musicstreaming service to provide that for you anymore—you can see and learn from your listening data at any point in the year using Tableau.
Normally in the music industry, it’s more or less impossible for ordinary investors to buy music rights. Thus, Web3 startups saw an opportunity to tokenise music assets, allowing fans access to music rights in a wholly new fashion. That way, it says, fans earn royalties alongside the artist and get paid when they do.
Mindset, a platform featuring personal story collections from recording artists, announced today that it raised $8.7 In its current format, Mindset features four audio collections from artists like Jae, Tablo, BM, and Mindset co-founder Eric Nam , who happens to be a K-pop star himself. million in seed funding.
Couple this with the power of live streaming and your guests may socialize with each other while they eat from the comfort of their own home. If you want to make it a hybrid event, simply have a group of folks come to an in-person dinner on location while having meals delivered to a few others watch the virtual version over a live stream.
Google is taking one of its biggest steps yet toward permanently phasing out Google Play Music in favor of the company’s newer YouTube Music service. This is a crucial process that some subscribers of Google Play Music have been waiting for before they’re comfortable making the transition that Google wants to see.
Virtual world-building platform Roblox has signed a deal with Sony Music Entertainment. The deal extends an existing collaboration that included a 2020 Lil Nas X concert inside Roblox as well as a 2021 virtual dance party with Swedish artist Zara Larsson. A spokesperson says Roblox is in talks with other record labels as well.
Peloton is getting into the music business. The popular fitness startup, already known for its use of popular music during its classes, announced today that it will be commissioning its own music that can only be heard from within its app. Exclusive music makes sense for Peloton.
If youre currently in the market for a music-streaming subscription, have we got a deal for you. Pick up six months of Apple Music for just $3. Apple Music is a fine little streaming platform. The audio quality is on point, with lossless streaming available at no charge, and the UI is easy-to-navigate.
Facebook is adding official music videos to its service in the US after partnering with major music companies including Sony Music, Universal Music Group, and Warner Music Group, the company announced today. The videos can be found through Facebook Watch and via individual artists’ pages. Image: Facebook.
Creative platform EVEN , which allows artists to sell music directly to fans, said it has closed a $2.2 The platform positions itself as the first stop before artists release music on streaming platforms. For fans, it has become increasingly costly to support their favorite artists.
As he watched first overall draft pick Cam Newton warm up before a game in 2011, dancing to music, Fox couldn’t help but wonder what the future NFL MVP was listening to — and he bet that the crowd of 85,000 fans were curious too. To use Earbuds, users must have a paid account on Spotify or Apple Music. billion in 2018.
The music service once co-owned by Jay Z has released its first free streaming subscription tier, which will offer full access to the service's music catalog.
One of the few positives is that many great movies and TV shows were released on streaming services such as Netflix. The streaming service has made available a plethora of movies and TV shows, some original to Netflix. Note: pricing was accurate at the time of publishing but may change.). To the Lake. Image: Netflix.
Deals on musicstreaming services tend to be few and far between. But right now, you can snag one of the best deals we've seen, period, on Apple Music. Apple Music is a fine little streaming platform. The audio quality is on point, with lossless streaming available at no charge, and the UI is easy-to-navigate.
Sony has announced an expansion of its 360 Reality Audio platform , bringing the 360-degree music format to more devices and media as well as offering new creation tools. You’ll be able to watch through Sony’s Artist Connection mobile app at 5pm ET on January 11th. Photo by Dan Seifert / The Verge.
The singer made his internet-hating comments to the Coda Collection, which, somewhat ironically, is a video streaming service available on Amazon featuring music concerts, documentaries, and more from artists such as Jimi Hendrix, Bob Dylan, and the Rolling Stones, the latter of which Daltrey referred to as a "Mediocre Pub.
This post was written as part of a gift from wishstudio founder, Mindy Tsonas, to a young artist friend, M. Mindy asked a group of artists and writers to write letters to M, which Mindy compiled into a book for her. Below is my contribution: Dear M, My main advice for you, as you begin your adult life as an artist (so exciting!),
Apple is beefing up its linear Apple Music radio stations today with the launch of two new stations and a rebranding of the popular Beats 1 station. Apple Music Country and Apple Music Hits will be available today, and Beats 1 is now known as Apple Music 1. As expected, Apple Music Country will focus on country music.
There’s just something about them that instantly transports one back to the late ‘90s / early ‘00s, when user interfaces were truly customizable, and your music collection was an endless and engrossing battle against garbled filenames like LINKIN_PORK-IN%THE%END(HQ).mp3. The taste on display in the Winamp Skin Museum is, in a word, stunning.
And Logic, better known offstage as Sir Robert Bryson Hall II, isn’t a stranger to the churn of comments that power social media; it’s how he made his name, he tells me, reaching people where they were by putting out his music for free online. “I He was streaming on Twitch anyway and says he’s been an active user since 2015 or 2016.
TikTok says that around 430 songs exceeded 1 billion video views on the platform this year, three times as many songs as last year, as noted in 2021’s Year on TikTok Music Report. Another emerging artist on TikTok, PinkPantheress, racked up “hundreds of millions of combined streams” on Spotify.
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