streaming gathers momentum, the U.S. music industry keeps
breaking sales milestones -- the wrong kind.
This week's 3.97-million album sales tally is the smallest
weekly sum for album sales since Nielsen SoundScan began
tracking data in 1991. It's also the first time weekly sales
have fallen below
four million in that time span.
the fourth-largest mobile carrier in the U.S.,
announced on Wednesday it has added Rdio, Songza,
Grooveshark and others to its Music Freedom program,
a perk launched this summer that removes all data
charges from streaming music through popular
audio platform has long been a home to unsigned, independent
and even established artists to debut new material --But
beginning Aug. 21, the company has announced a three-tiered
monetization strategy that will introduce advertising to the
platform for the first time, as well the news that
SoundCloud has received more than $100 million in funding
since its 2007 launch.
the future of digital music will be shaped by mobile
usage, the U.S. market could have few winners and
many losers. Insights in comScore's new "The
U.S. Mobile App Report" show that only a
handful of companies offer apps that many Americans
use on a regular basis.
all the praise that Soundcloud receives, the company has
never paid its millions of artists a penny. This is
why in the face of a brewing backlash, SoundCloud’s CTO
and Co-Founder Eric Wahlforss said the platform would soon
pay their most popular creators.
activity at the most popular music subscription service has
soared as digital track sales have fallen over the past
year. The streaming numbers comes from Music Ally's
analysis of Spotify's Top 50 chart over the course of a
year. It found the Top 50 tracks in the U.S., in aggregate,
have risen 108 percent to 62.1 million streams in the week
ending July 20th from 29.8 million streams in the same week
a year earlier.
lovers everywhere can rejoice! T-Mobile announced that
customers can stream music without worrying about going over
their data. Users will be able to use apps like Pandora,
Slacker Radio, iHeart Radio and Spotify on the latest
T-Mobile phones and tablets like the Galaxy Note 3 to listen
to music whenever and wherever they want. While this is
obviously great for consumers, what does this do for the
many musicians young and old, financial unrest is an
unfortunate part of the game. Although there are many
artists out there making way more than they probably
should, there are still plenty of others putting in their
time in the van and surviving off of Taco Bell and gas
station hot dogs.
music industry is on the verge of adopting a global street
date that could see all countries issuing new releases on a
Friday, probably beginning a year from now, in July 2015,
according to industry sources.