Music Industry News

Taiwan Moves to Block All Chinese Streaming Services

Taipei, Taiwan. Photo Credit: Remi Yuan Taiwanese government officials have moved to block Chinese streaming services amid rising regional tensions and security concerns. Taiwan’s National Communications Commission (NCC), the government entity tasked with regulating the telecommunication and broadcasting spheres, recently drafted the corresponding legislation. Entitled “Internet Audiovisual Service Management Law,” the proposed law introduces an […]

Music Industry News

UBS Analyst Issues Sharp Spotify Downgrade — From ‘Buy’ to ‘Sell’

An analyst at Swiss investment bank and financial services company UBS has downgraded his rating of Spotify’s stock from “buy” to “sell,” in addition to setting a target price that’s over $65 less than SPOT’s current value. UBS internet research analyst Eric J. Sheridan announced his Spotify stock-rating drop – and notable target price – […]

Music Industry News

Spotify Scores Another Podcast Exclusive: Michelle Obama

Leading music streaming service Spotify has added another podcast – this time from Michelle Obama – to its quickly growing library of exclusive programs. Spotify announced the high-profile podcast deal (part of the agreement it struck with Barack and Michelle Obama’s production company, Higher Ground, last June) this morning, via an official release. Aptly titled […]

Music Industry News

Facebook Is Launching Officially-Licensed Music Videos

Facebook is reportedly preparing to launch officially licensed music videos. At the time of this writing, Facebook hadn’t publicly confirmed the rumored introduction of licensed music videos. However, the ample details offered by currently circulating reports lend credibility to the idea of an imminent rollout on the leading social media platform; a screenshot showcasing what […]

Music Industry News

The Michael Jackson Channel Launches Today on SiriusXM for a Limited Time

Photo Credit: SiriusXM SiriusXM is launching a Michael Jackson channel in partnership with the late pop singer’s Estate. The new Michael Jackson channel goes live today, along with a few other artist channels. Beastie Boys, Bob Marley, and Coldplay channels will all feature their music and guest DJs. Jackson’s channel will feature his albums and […]

Music Industry News

Amazon Music Promises to ‘Accelerate Artists to the Mainstream’ With ‘Breakthrough’

Amazon Music has announced a new developing-artist promotional program, Breakthrough, that will aim to help musicians achieve mainstream popularity. Amazon Music detailed the comprehensive artist-support resource today, via an official release. Breakthrough will market a rotating selection of artists from “across a wide spectrum of genres” –country, indie, and R&B among them – with the […]

Music Industry News

Why Buying Spotify Streams Is for Losers — And Earning Real Followers Is for Winners

While the temptation to buy Spotify streams is understandably strong, the low-cost move is most always accompanied by low-quality results – and disastrous consequences. In today’s music landscape, streaming is a key component of every successful artist’s career.  So it’s no surprise that musicians are bombarded with offers to quickly spike their inclusion on playlists. […]

Music Industry News

Spotify Expands Into Russia + 12 Other European Countries

Moscow’s Zhivopisny Bridge. Photo Credit: Alexander Smagin Leading music streaming service Spotify has expanded into Russia and 12 other European nations. Spotify execs unveiled the expansion this afternoon, via an official release published from Moscow. In addition to Russia and its approximately 144.5 million residents, Spotify is now available in states including Albania, Belarus, Bosnia […]

Music Industry News

Spotify Downgraded by Bernstein: ‘It’s Unlikely Spotify Will Generate Much Earnings From Podcasts’

Since unveiling a multiyear deal to become the exclusive home of The Joe Rogan Experience (JRE) in May, Spotify has experienced exponential stock-market growth, including several all-time-high prices and a valuation in excess of $50 billion. And while many investment firms have signaled confidence in the music streaming platform’s long-term prospects, Bernstein has downgraded its […]