Tag Archives: Streaming Radio

Music to Apple’s and Spotify’s Ears: Paid Streaming Expected to Skyrocket

On the flip side, average revenue per user (ARPU) is expected to continue trending lower, which is something that Spotify investors have become accustomed to as the Swedish streamer has been seeing strong uptake of family plans, which have lower ARPU but much stronger retention characteristics. Goldman expects ARPU to decline from $32.70 in 2018 to $24.60 in 2030. – Evan Niu, CFA, The Motley Fool via Yahoo Finance » https://yhoo.it/2IlmZSc
Advertisements

Barack and Michelle Obama Sign Spotify Deal to Produce Exclusive Podcasts

Under the multiyear deal between Spotify and Higher Ground Productions, the former first couple’s production company, Barack and Michelle Obama are set to develop, produce, and lend their voices to select podcasts on a wide range of topics. The agreement is with Higher Ground Audio, a new division of the Higher Ground production company, that is housing the Obamas’ move into podcasts. – Todd Spangler, Variety » http://bit.ly/2IshFMT

How streaming affects the lengths of songs

Today, songs are down to three minutes and 42 seconds, because of the difference in how artists are getting paid now. Instead of getting paid by physical sales, you’re getting paid in a stream, which only counts if someone listens to 30 seconds of a song. It actually makes sense if you can have more songs streamed at a time, which means that you want to pack your album full of much shorter songs. So if you have an album like Drake’s Scorpion, which is a really long double album coming in at almost 90 minutes, he’s got a ton of really short songs on there, because he gets paid for every song you listen to, whether or not you listen to the whole album. – Charlie Harding via Zackary Mack, The Verge » http://bit.ly/2MhZdMp

Spotify-Owned Gimlet Stalled Podcaster Union Efforts for Months

Earlier this week, Gimlet management “effectively declined” to recognize the union, Gimlet Union said in a tweet. It demanded a the proposed group of staffers seeking collective representation hold another vote to see how many favor a union, but seeks to bar around 30 current members of the bargaining unit from this revote… – Bryan Menegus, Gizmodo » https://ift.tt/2U53F4B

Spotify officially launches in India, with free music on-demand

The company said that for India, people using the free tier can play any song on demand, while people in other countries can only listen to songs on shuffle in the free mode. Additionally, it has built multilingual recommendations and specially curated playlists for listeners in the country. The streaming service is also offering a 30-day free trial of its premium service. – Ivan Mehta, The Next Web » https://ift.tt/2NunQ5i

Streaming Revenue Is Impressive, But Will It Ever Make Up For Physical Product Losses?

The point is that the recorded music industry still heavily relies on the income from physical product even though those sales are declining. In fact, the latest IFPI figures show that streaming only accounts for 38.4% of the industry’s total revenue. What’s more, physical product sales declined by only 5.4% last year, far from falling off a cliff. – Bobby Owsinski, Forbes » https://ift.tt/2Snpzu2
« Older Entries Recent Entries »