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 »Can Taylor Swift Re-Record Her Old Albums? Should She?
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 »Pandora Wants to Make It Easier for Indie Musicians to Get on the Radio
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 »Goldman Sachs: The Music Industry to Make $45 Billion by 2030
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 …
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