by This is the largest spreadsheet of Spotify royalty data we’ve received to date. That group that shared these statements was unsigned until just a few months ago, and is fast-rising within a specific EDM niche. […]
Corporate Corner
Average Annual Earnings by a Spotify Executive: $1.34 Million
by Paul Resnikoff The average Spotify employee makes $168,747 a year. What do their bosses make? Last week, Spotify financial filings for 2015 revealed that the average employee is earning $168,747, with a worldwide headcount of 1,610. […]
Major Label CEO Confirms That ‘Playlist Payola’ Is a Real Thing
by Paul Resnikoff If you don’t sign with my label, you won’t get onto my playlist. If you’re looking for an industry cliché, here’s a good one: ‘playlists are the new radio.’  And like most clichés, […]
Tidal Is Growing Faster Than Apple and Spotify COMBINED
by Charlotte Hassan Tidal subscribers are surging at unprecedented rate… In fact, since Kanye’s album dropped exclusively on Tidal in February, the platform has doubled its subscriber number.  Now, it’s added at least another one million […]
SOCAN Acquires B2B Digital Platform MediaNet
by Charlotte Hassan SOCAN, the Canada-based collecting society, has purchased the B2B digital platform, MediaNet. Who’s MediaNet? MediaNet manages one of the largest global music catalogs of over 51 million tracks (each containing a unique audio identifier) […]
Hi-Res Music Streaming: It’s Becoming Impossible to Ignore
by Charlotte Hassan Back in November last year, DMN reported the unveiling of the new ‘Hi-Res MUSIC’ logo for digital download services. Now the RIAA have announced that the Hi-Res music logo is going to be available to music streaming […]
Guess Which Streaming Service Is Planning a $600 Million IPO?
by Charlotte Hassan China wants their share of the music streaming market… According to a report by the WSJ, a China-based music streaming service backed by Tencent Holdings Ltd, plans an IPO in the U.S. Goldman […]
Is the Hit TV Show ‘Empire’ Stolen From a 2007 Novel?
by Charlotte Hassan According to the author of the book Unity Incorporated: The Mastermind, it was… The novelist Timothy J. Levi has filed a $1.5 billion lawsuit against Twentieth Century Fox Film Corporation, Lee Daniels, Danny Strong, and Robert Walker for […]