December 7, 2015 Now that the last month of the year is upon us, I’m reflecting on the status of the music industry. In 2015 we as an industry have not made much progress in the terms of growth in sales or the development of new technology. The music industry has a hard time knowing the power of its brand. Labels have too many flops and not enough hits, releasing based on volume instead of quality.
August 19, 2015 By Spencer Ritchie from Berklee’s Music Business Journal, thembj.org.
In the last four months three new streaming platforms were launched: Apple Music, Tidal, and Google Play Music. Others, among them YouTube, Deezer, and Rdio, still compete for market share. The Freemium camp, with Spotify, Google Play Music, and Pandora, collects revenue from advertising & subscriptions. The Premium camp, with Apple Music and Tidal, produces receipts exclusively from paid memberships. Spotify is the very embodiment of Freemium, and the release of Apple Music will undoubtedly be a big challenge—coming, as it does, from the largest company in the world, with a remarkable market cap of more than $700 billion.
Streaming tagged apple music, music streaming, spotify August 10, 2015 As many of you who normally read my blog post know that I do not support the music-streaming model that is currently being used. I believe that streaming in the current business model is not sustainable revenue for the music industry. To date there hasn’t been any music streaming service that has yet made a profit. It’s easy math here, the record labels and artists spend big time dollars to produce, market, and distribute music. In turn they receive pennies to the dollar, this seems like a no brainer. No wonder why music-streaming services have not made a dollar.