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wstrahan

Spotify, YouTube, Streaming Services Are Killing Digital Downloads | TIME.com - 0 views

business.time.com/...st-killing-digital-music-sales

youtube spotify digital music sales

shared by wstrahan on 03 Jul 14 - No Cached
  • Now, with a deluge of  music streaming services letting fans listen to songs for free, the digital download may be going the way of the CD and the cassette tape before it.
  • U.S. digital track sales decreased for the first time ever in 2013, dropping from 1.34 billion to 1.26 billion, according to Nielsen SoundScan. CD sales also continued their ongoing decline, dropping 14 percent to 165 million. Digital album sales were stable, staying at 118 million sold last year. Meanwhile the number of songs streamed through services like Spotify, YouTube and Rhapsody increased 32 percent to 118.1 billion.
  • Spotify just arrived on U.S. shores in the summer of 2011, but it has become a lightning rod for controversy thanks to a chorus of artists who decry that paying musicians a fraction of a cent per listen is unfair.
  • ...3 more annotations...
  • Digital downloads were a logical continuation of the business model that generated fat profits for record labels in the heyday of physical music stores. In some cases, with no manufacturing or distribution costs involved, a hit digital album could actually be more lucrative than a physical CD.
  • However, the music industry’s core problem—that lots of fans just don’t want to pay for music—remains an issue. Most people use the free, ad-supported version of Spotify, and the company recently expanded its free offering to mobile devices. The most popular platform for listening to music among young people is YouTube, which is almost entirely free.
  • U.S. digital track sales decreased for the first time ever in 2013, dropping from 1.34
perezmv

Pandora takes aim at local radio advertisers : Business - 1 views

www.stltoday.com/...05-5a66-a7ba-c1a954d903e0.html

pandora advertising advertisements competition

shared by perezmv on 27 Jun 14 - No Cached
  • In March, Pandora hired local sales staff in St. Louis as part of its strategy to court local advertisers, and it’s had success out of the gate landing customers. Don Brown Chevrolet, Barnes-Jewish Hospital, St. Louis University and Panera Bread Co. are just a few of the advertisers that have booked ads on Pandora so far this year.
  • It’s spent the past two years expanding its sales staff nationwide.
  • Its regional sales staff of 60 employees nationwide is growing, and Pandora plans on ultimately having an office in each of the top 50 radio markets.
  • ...7 more annotations...
  • “Radio is a very unusual media form in that most of its revenue comes from the local market,” said Rich Tullo, director of research at New York brokerage Albert Fried & Co. “The ad rates are higher because it’s local. Ultimately, it will take dollars away from other radio stations.”
  • 72.7 million active monthly users.
  • For those who listen to Pandora on their smartphones or laptops, they’re prompted to enter their ZIP code, year of birth and gender. Users can select the artists’ music they want to hear, and Pandora adds similar music.
  • “We have one-fourth the number of ad units that a traditional FM station has, so your ad will stand out more,”
  • Pandora has yet to post an annual profit.
  • has more than 70 percent market share in the U.S. Internet music segment,
  • St. Louis radio station managers say they haven’t seen a decline in their ad revenue since Pandora entered the market, but they’re watching the new competitor closely.
perezmv

My Song Got Played On Pandora 1 Million Times and All I Got Was $16.89, Less Than What ... - 0 views

thetrichordist.com/...ake-from-a-single-t-shirt-sale

artistsmakingmoney musicians money profit artistsgettingcash

shared by perezmv on 27 Jun 14 - No Cached
  • As a songwriter Pandora paid me $16.89* for 1,159,000 play of “Low” last quarter.  Less than I make from a single T-shirt sale.  Okay that’s a slight  exaggeration.  That’s only the premium multi-color long sleeve shirts and that’s only at venues that don’t take commission.  But still.
  • Soon you will be hearing from Pandora how they need Congress to change the way royalties are calculated so that they can pay much much less to songwriters and performers. For you civilians webcasting rates are “compulsory” rates. They are set by the government (crazy, right?). Further since they are compulsory royalties, artists can not “opt out” of a service like Pandora even if they think Pandora doesn’t pay them enough. The majority of songwriters have their rates set by the government, too, in the form of the ASCAP and BMI rate courts–a single judge gets to decide the fate of songwriters (technically not a “compulsory” but may as well be).  This is already a government mandated subsidy from songwriters and artists to Silicon Valley.  Pandora wants to make it even worse.  (Yet another reason the government needs to get out of the business of setting webcasting rates and let the market sort it out.)
  • get an actual business model
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  • Right now Pandora plays one minute of commercials an hour on their free service. Here’s an idea!  Play two minutes of commercials and double your revenue!
wstrahan

Greece is standing up to EU neocolonialism | Costas Douzinas and Petros Papaconstantino... - 0 views

www.theguardian.com/...eece-bailout-eu-neocolonialism

#neocolonialism greece

shared by wstrahan on 25 Jun 14 - No Cached
  • The bailout of Greece is not a gift or grant but a loan bearing high interest.
  • According to IMF estimates, Greece will pay €131bn in refinancing and interest payments between 2009 and 2014, far more than the initial bailout loan of €110bn.
  • The European governments now propose to offer a second loan, if Greece accepts an even more odious set of measures and sells off the family silver.
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  • The privatisation plan includes the sale of 17% of the public power corporation, the engineroom of growth, which will remove the state's controlling interest.
  • Under the new plan, foreign emissaries will be assigned to the main ministries and the company set up to privatise public wealth.
  • The market value of this stake is just €400m, because of the stock exchange decline. But the corporation owns 15 power plants and the budget for a new plant about to be built is €1.3bn.
  • The loss of economic sovereignty is accompanied by unprecedented attacks on the political and legal integrity of the country.
  • Under the new plan, foreign emissaries will be assigned to the main ministries and will run the companies that will privatise the public wealth.
jwatts55

Music Insiders Tell Us How Social Drives Album Sales and Revenue | Sprout Social - 0 views

sproutsocial.com/...social-media-music-industry

shared by jwatts55 on 01 Jul 14 - No Cached
  • jwatts55 on 01 Jul 14
     
    The only non-musicians populating the ten most followed Twitter accounts are President Barack Obama and reality megastar Kim Kardashian. And not surprisingly, the top five trends of 2011 were all music related, according to Twitter's head of music industry relations Tatiana Simonian.
Kathleen Hancock

Save The Whales - Adopt A Whale - 0 views

www.savethewhales.org/adopt.html

shared by Kathleen Hancock on 01 Jul 14 - No Cached
  • Proceeds from the sale of merchandise will help support Save The Whales' educational programs.
  • Through Save The Whales' symbolic adoption program you will learn about orcas (killer whales) in the wild and in captivity.
  • Proceeds from the kits support Save The Whales education and outreach programs to schools, Whales On Wheels (WOW™)
  • Kathleen Hancock on 01 Jul 14
     
    proceeds from the online Adopt-a-Whale program
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