When Spotify started out, it took $1 billion in seed capital from Wall Street. As most of those arrangements go, 11 years later, Spotify CEO Daniel Ek is racing to a place where he can rely less on those investors……and instead rely more on you and me. Companies go public for one reason; to raise […]
You’ll see similarities between your PRO membership and your SoundExchange membership: Both memberships are free. Both have a clause that permits you to negotiate deals directly with music buyers when that’s in your best interest (as publishers, we like that flexibility…alot).
Pandora recently announced that it will be raising its monthly subscription prices for the first time since its 2009 launch – once again bemoaning the rising costs of music royalty payouts. This whole matter is just two titans fighting about price; actually three titans, but the third one has been handcuffed. Pandora wants market share and thus has […]
I first learned of Spotify (www.spotify.com) just about two years ago when I read a July 25, 2009 article in The New York Times by Brad Stone entitled “The Music Streams That Soothe an Industry.” At the time, my co-founder Mike Bielenberg and I were deep into the planning phase about the business model for this site, MusicRevolution.com, an online marketplace for royalty-free production music