Tag: Music Business Worldwide

X Factor Meets Spotify

The Stream Coming to The US as NBC Snap UP The TV Talent Show Some people may remember the Norwegian TV talent show, The Stream? Well if not, it was a show that promoted or evicted their contestants based on their ranking on Spotify. And now it’s coming to America. NBC has gained exclusive rights …

‘Profitable’ Shazam Actually Lost $21 Million in 2015

Despite numerous reports claiming that Shazam is now a ‘profitable’ company, their financial situation seems to be getting worse – not better. Lots of online magazines and sites have been claiming this, such as The Wall Street Journal, TechCrunch, Billboard, Forbes, and the Financial Times, as well as many more. “Shazam is finally profitable after …

Spotify Is Making Its Own Tracks and Is Adding Them to Their Playlists

With the recent news of Spotify deliberately blackballing Katy Perry’s Apple Music exclusive comeback single “Rise” from its biggest playlist, you would of thought there is nothing else the Swedish music streaming giants could do to surprise us? But, there is more. And it’s more surprising than you would have thought. Spotify has started to …

Streaming Revenues at Warner Now Double Their Downloads

Warner Music Group Corp. reported the other week that its loss has narrowed substantially, and in the latest period its revenue has actually surged, all thanks to music streaming. “Five years after Access Industries’ acquisition of Warner Music Group, the company is growing revenue, OIBDA and market share,” Stephen Cooper, Warner Music Group’s CEO says of the …