DECLARE YOUR INDEPENDENCE FROM
MAJOR LABEL STREAMING
The major labels own 20% of Spotify.
Apple Music pays less to indie artists and allows majors to buy front page placements.
Only major label and famous artists are included in Apple Music genre searches.
Tidal & Apple Music offers no direct deals for indie artists.
* as filtered by our lawyers
RECENT MAJOR LABEL STREAMING HEADLINES
Music streaming services will generate $8.4 billion in the U.S. alone this year, a 33% spike over 2018 revenue, according to a new Consumer Technology Association report. In its mid-year report, “U.S. Consumer Technology Sales and Forecasts,” the CTA...read more
LAST MONTH, FAST COMPANY PUBLISHED an uncharacteristically long interview with Spotify’s thirty-five-year-old CEO Daniel Ek—he rarely does this sort of press. In the interview, Ek reflects on the year he attempted to tour with a band (“I realized that...read more
If you want to get an idea of just how lucrative streaming platforms have become for the major labels today, check this out. Earlier this week, MBW analyzed two sets of very important financial results: Sony Music Entertainment and Universal Music Group....read more