Tag: Investment into music

Jay Z Sells 33% Of Tidal to Sprint

Jay Z bought Tidal 3 years ago for an investment of $56m. Which he has co-owned along with his wife Beyoncé, and other stake holders such as Usher, Rihanna, Nicki Minaj, Madonna, Dead Mouse, Kanye West, Jack White and Daft Punk! And now Sprint, which is owned by Japan’s Softbank, are estimated to be paying …

Spinlist Challenges the Music Streaming Stage

Online streaming of music is increasingly gaining popularity. Based on 2016’s statistics from the RIAA, the proportion of US music revenue from music streaming is about half of all revenue from recorded tracks. Due to this market changes, even new online ventures in music are working toward improving the quality of their online music, to …

Spotify Is Moving Ever Closer to an IPO but What Does This Mean for Music Streaming?

Spotify’s latest hire is a massive hint that after long speculation the streaming company is getting ever closer to an IPO later this year. For those of you who are asking what an IPO is. Well, an Initial Public Offering or IPO is the first sale of stock by a private company to the public. …

Music Streaming is the Lifebelt keeping the Music Industry Afloat

The music streaming industry takes a lot of hits from critics, claiming they pay artists sparse royalties and that they have cost the Industry billions. But if you take a look back at where the music industry was heading in the turn of the 21st century, these claims are harsh if not completely untrue. For those …