Tag: Music Industry

Music Industry in the UK Reaches an All-Time High as Streaming Services Increase Phenomenally

In what is being considered as a major milestone for the UK music scene, the music industry in the UK has been moving by leaps and bounds, thanks to a surge in streaming services and the revival of vinyl recording sales, according to the latest industry figures. The British Phonographic Industry (BPI) has stated that …

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 …

Manchester United Signs Its First-Ever Partnership for Music Streaming

In what is being considered a path-breaking move, Manchester United has signed its first-ever music streaming agreement with Deezer, the popular digital music platform. This makes it United’s first-ever official audio streaming partner. The agreement was celebrated via a video that was released on the website of the MUFC on December 13, and featured legend …

Spotify Backs Out from Soundcloud Acquisition Deal

According to recent reports, Spotify has decided not to go forward with acquiring Soundcloud, an acquisition that had the potential to considerably broaden the popularity of the leading service of the streaming industry. Rumours of the deal began to go around when Daniel Ek, the founder of Spotify expressed his wish to establish a direct relationship …

CD Baby Set to revive Dormant Soundrop

In what has been considered a surprising twist in the music industry, CD Baby, the well-known digital distribution company, has taken over Show.co. This includes the marketing platform as well as its social listening and playlisting app, called Soundrop. Short History of Soundrop Once very popular, the app has been dormant since 2014, when its …

Why the Music Industry Should Have Its Very Own Black Friday

If you are one of the few people who are ignorant of the fact that last Friday was Black Friday. You belong to the rare group of people who are oblivious to the Amercanising of society. Either that, or you’ve been – quite literally – living under a rock. In which case, you should know …

Music Streaming Has Completely Swallowed Music Downloads in Norway

Music sales in Norway have increased by 7.8% over the last year, which was driven by music streaming. According to the International Federation of the Phonographic Industry, or the IFPI for short, music sales in Norway have grown by 30 million NOK. With a reported growth to 333 million NOK, or $40.3 million for the …

Could Music Downloads Be Dead by 2020?

Could Music Downloads Be Dead by 2020? Back in the early to late 2000s music downloads were predicted to be the saviour of the music industry. Outdated CD sales were falling, music downloads were on the up, and mp3 players were all the range. These new digital copies were set to replace all hard copies …

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. …

How The Music Streaming Industry Works. Or More Importantly How It Doesn’t.

Okay, so you subscribe to one of the big music streaming services, be that Apple Music, Spotify, Amazon or any other. So where does your $10 a month go? I imagine, like most people you think this is going to your favourite artists, you know the ones you listen to the most? In reality, this …