Tag:

Streaming Services

cmastudy
News
Streaming services unlikely to make sufficient “excess profits” to improve artist pay, report shows

The study also found that  60% of streams were of music recorded by only the top 0.4% of artists

A new report has found that music streaming services are unlikely to make sufficient "excess profits" to improve paying artists. According to the independent study...

Streaming royalty rates to be increased in the US, the Copyright Royalty Board confirms
News
Streaming royalty rates to be increased in the US, the Copyright Royalty Board confirms

The 44% increase to songwriter and publisher payouts will go ahead despite a 2019 appeal by Spotify, Google, Amazon and Pandora

The US Copyright Royalty Board (CRB) has set a new royalty rate for streaming services of 15.1% to pay songwriters and publishers for 2018 to...

CMA formally starts their official investigation into UK streaming market
Tech
CMA formally starts their official investigation into UK streaming market

The probe was initiated by the UK government after a report last year

The UK’s Competiton and Markets Authority (CMA) has formally begun its investigation into the UK music streaming market. A report by the DMCS Committee into...
News
90% of streams go to top 1% of artists, data shows

The cross-platform research mirrors Spotify's own study

90% of streams go to the top 1% of artists, according to research conducted by analytics company Alpha Data. 

As reported by Rolling Stone...
News
Spotify reports total revenue of $7.44 billion in 2019

The service now has 124 million paid subscribers

Spotify has reported a total revenue of $7.44 billion in 2019.

Announced on February 5th, as part of the streaming giant's For The Record financial...