In March, Spotify surprise-announced that all its Premium users — those who subscribe to its ad-free tier for a monthly fee — would receive a free subscription to video-streaming service Hulu, expanding a prior promotion that applied to student subscribers only. On Tuesday, Spotify did the same with hardware: All …
Read More »
When Scooter Braun’s $300 million deal to acquire Scott Borchetta’s Big Machine Label Group was announced in late June, Taylor Swift made no secret of her dismay. She had been the label’s biggest draw for 13 years while simultaneously feuding with one of Braun’s off-and-on clients, Kanye West. Swift wrote …
Read More »
Between the breadth of data tools available for musicians and the amount of support that digital distributors are able to offer to creators these days, there’s never been a better time to be an indie artist. On Wednesday, Pandora announced a revamp of its Artist Marketing Platform (AMP) to fold …
Read More »
The one thing the music industry loves more than singing its own praises is listening to an entity like Wall Street do it. On Wednesday, Goldman Sachs issued an equity research report forecasting that the recorded music market will hit $45 billion by 2030, driven by 1.15 billion users paying …
Read More »
Relationships between the old and new guard in music — i.e. the tech firms driving the streaming revolution and the record companies still producing the actual content for it — were always bound to be tumultuous. Case in point: Just a year after Spotify renegotiated its deals with the three …
Read More »
Sony is buying EMI Music Publishing, adding two million songs from artists like Alicia Keys, Kanye West and Queen to its already-vast publishing catalog and cementing its position as the world’s largest music publisher. The Japanese corporation is paying around $2 billion for a 60 percent equity stake in EMI, …
Read More »
If you went on Ticketmaster in January and pulled up a third-row seat for Taylor Swift‘s June 2nd show at Chicago’s Soldier Field, it would have cost you $995. But if you looked up the same seat three months later, the price would have been $595. That’s because Swift has …
Read More »