Streaming Services

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Michael Lavorgna  |  Apr 20, 2015
One of the main reactions we've seen regarding Tidal's new ownership is based on the new owner's level of wealth. "We’ve got uber-rich artists complaining they’re just not making enough." says Bob Leftsez in his Newsletter from April 9th. Does this criticism make sense?
 |  Mar 30, 2015
Go to Tidal now! to watch their live broadcast on the future of TIDAL.
Michael Lavorgna  |  Mar 18, 2015
According to mastering engineer and producer Ian Sheppard the answer is yes. From his article YouTube just put the final nail in the Loudness War’s coffin:
"It means that YouTube have been using loudness normalisation on their music videos – and they’ve been doing it since December last year. Everything plays at a similar loudness, regardless of how it was mastered. And no-one has noticed."
So what?
Michael Lavorgna  |  Mar 16, 2015
We've been following the ups and downs of Jay Z's bid for TIDAL since it was first announced back in January. To refresh, the buyout bid was for 464 million kronor ($56m) and in March a few of Aspirio's shareholders, TIDAL's parent company, balked. Now, the Swedish publishing company E24 is reporting that those dissenting shareholders have rethought their position and have accepted Jay Z's bid. Congratulations, everyone.
Michael Lavorgna  |  Mar 11, 2015
image credit: Bandcamp

Bandcamp, which was founded in 2008 by Ethan Diamond and Shawn Grunberger, reported it has paid out $100 million to artists selling music on the Bandcamp site.

Michael Lavorgna  |  Mar 04, 2015
TheLocal.se has reported that Jay Z's 464 million kronor bid ($56m) for Tidal has been rebuffed by over 10 percent of the minority owners of Wimp's parent company Aspiro.
Michael Lavorgna  |  Jan 30, 2015
According to Endgaget, "'Project Panther,' a company indirectly owned by Jay Z's S. Carter Enterprises, has made a bid for Aspiro, a company that runs Tidal" for 464 million Swedish crowns ($56 million) in cash. From The Verge, "Norwegian media company Schibsted, which owns a majority share in Aspiro, accepted the bid this Friday while Aspiro's board has 'unanimously recommended' that the shareholders accept the offer."
Michael Lavorgna  |  Jan 22, 2015
From the Press Release:
Tokyo, Jan 22, 2015 - (JCN Newswire) - Internet Initiative Japan Inc. (IIJ), KORG Inc. (KORG), Saidera Paradiso Ltd. (Saidera Paradiso) and Sony Corporation (Sony) today announced that they will conduct open technological experiment of live-streaming using the high-resolution digital audio format "Direct Streaming Digital (DSDTM) 5.6MHz". The four companies have partnered with the "Spring Festival in Tokyo"-one of Japan's premier music festivals-and the Berliner Philharmoniker...
Michael Lavorgna  |  Jan 05, 2015
Today, Naxos and OraStream announced Classics Online HD*LL (COLHD*LL), "The first high-definition and lossless classical music streaming service that uses adaptive bit-rate streaming technology".
COLHD*LL is available worldwide, for downloads and streaming of HD- and CD-lossless quality classical music. It enables music lovers to easily access an extensive library of classical music, in high-quality audio. It is the first consumer music service to stream lossless audio higher than 16-bit/44/1kHz quality. Using patented technology, HD- and CD-audio streaming occurs without delays in buffering large (lossless) audio files.
Michael Lavorgna  |  Dec 17, 2014
In an interview with Billboard, Spotify CEO Daniel Ek talks about the possibility of adding a higher tiered lossless service to Spotify:
Just like we’ve had deluxe edition of albums, everyone is thinking about how does that look like in a future world? Lossless music -- is that a higher priced tier? Is that something that comes with deluxe editions? How should we package subscriptions to consumers? That’s a very big topic right now on the label side. The kind of debates that I’ve wanted to have for many, many years with the music industry, we’re finally seeing it happening. The industry is realizing, “Hey, we need to embrace streaming, and we need to do it fast.”
Michael Lavorgna  |  Dec 16, 2014
As reported by re/code, during the company’s earnings call last week, Warner's CEO Stephen Cooper said:
As we have said before, streaming – and particularly the subscription model – more fully captures the true demand for music. In the streaming universe, consumption drives the economics — so the more that people listen to music, the better it is for our artists and our business.
Cooper continued with a nod to Taylor Swift:
Michael Lavorgna  |  Dec 02, 2014
Spotify released its global 2013 consolidated financial results last week which showed revenues rising 73.6% to €746.9m ($931.7m), while its operating loss grew 16.4% to €93.1m ($116.1m). Spotify closed the year with 36m active users worldwide, with more than 8m paying subscribers. From Spotify's letter to its shareholders, "We believe that music has mass market appeal – and as such, we believe we are just at the beginning of a much larger market opportunity. We believe our model supports profitability at scale."
Michael Lavorgna  |  Nov 20, 2014
From an article in the NY Times:
In a radio interview on Friday, Scott Borchetta, chief of Ms. Swift’s record label, Big Machine, said that the label wanted to restrict access to her music to Spotify’s paid tier, but Spotify refused.
The issue at the center of this debate is free on-demand streaming of complete albums.
Michael Lavorgna  |  Nov 18, 2014
According to the Wall Street Journal, Sony is re-thinking "its support for free, advertiser-supported online music after U.S. pop star Taylor Swift pulled her music from Spotify, the popular digital streaming service."

Here's Kevin Kelleher, chief financial officer of Sony Music, from a Sony briefing for analysts and investors on Tuesday:

Michael Lavorgna  |  Nov 18, 2014
photo credit: Taylor Swift/Rolling Stone

Spotify CEO Daniel Ek came out last week claiming the Spotify service was on track to pay Swift $6M over the next 12 months in fees. In response, Swift's label boss, Scott Borchetta claimed that actual US sales figures were just under $500k. So whose numbers are right?

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