Tag: Music Revenue

Starting to Look Like an Apple-Owned Monopoly

It’s Starting to Look Like the Major Labels Could Turn the Music Streaming Industry into an Apple-Owned Monopoly The trajectory of Spotify’s marketing activities constitutes an important part of the music scene, and from what it looks like, the scene is getting more and more vulnerable by the day. While revenues earned by Spotify’s increased …

Universal Music Group’s Streaming Revenues Going from Strength-To-Strength

According to Vivendi’s latest edition of its quarterly financial results, Universal Music Group’s streaming revenues have risen from strength to strength against all odds, continuing its winning trend of 2016. The results include in-depth data on the topic. In the first three quarters of 2016, revenues for Universal Music Group rose by an impressive 3.8 …

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 …

Sony Music Reports That Music Streaming Is Crushing Downloads

Music streaming has now established itself as Sony Music’s largest money-making format, whereas downloads are shrinking fast. Not only is music streaming crushing downloads, they are now generating over double the revenue for Sony than they receive from iTunes and other similar music download stores. Sony Music’s total revenues from music for the 2nd quarter …

Music Streaming Services Are ‘Too expensive For Many Non-subscribers’

SubAn online survey conducted by YouGov and Zuora has suggested that almost half of the people who do not subscribe to any music streaming services think they are too expensive. The poll suggests that music streaming services such as Apple Music and Spotify should ‘experiment with pricing’ to attract the 90% of the British population …

‘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 …

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 …