Chartmetric researched data about Spotify genres trying to learn more about the relative power of major and indie catalogs on the streaming platform, as well as about recommendations across the most prominent music niches and communities. What they have found out is that majors hold a vast share of the music market thanks to the evergreen catalogs and the "passive" market share that comes with it. "However, if we move away from these 'golden' genres, independent players will often carry more power than the majors. And when it comes to emerging genre spaces, such as underground hip hop and viral rap, things can get uniquely independent—one might even say self-released".

An amazing story by Ted Gioia, who has discovered, with a little help from other music lovers, a song that has over 50 different titles, and over 50 different writers credits attributed to it on Spotify. There were other instances of the same phenomena on other streaming platforms, with other songs as well (mostly short and lousy). What's going on? "Spotify may be working to switch listeners from songs released by major labels to generative music, which could be licensed at low royalty rates or even purchased as a work-for-hire. Under this scenario, a streaming platform could lower its costs substantially, and improve profitability—but with the result of less money paid to flesh-and-blood musicians."

Shutdownspotting
April 05, 2023

Spotify Live is shutting down

Music streaming giant Spotify is shutting down its live audio app, Spotify Live, two years after launching it and after coming to the conclusion that "it no longer makes sense as a standalone app.” The company plans to continue with some aspects of live audio, mainly “listening parties”. Some of the app’s shows will continue as non-live programs on the main Spotify app.

Swedish house DJ
March 29, 2023

Spotify’s AI “DJ” explained

Spotify's much-hyped AI “DJ” is now available in the US, serving up recommendations in six distinct ways, Medium reports. It's these:

1. Based on recent listening

2. From your past - not sure yet how they quantify the past

3. Recommended for you - based on recommendations coming from controversial technologies like “discovery mode”

4. Throwbacks - focused on catalog music

5. Editors’ picks - recommendations currently highlighted by Spotify’s artist and marketing teams

6. Trending music - a brand new mode that appears to cater to gen-z style records that are growing in popularity on Tiktok and Reels

According to Spotify's latest Loud and Clear report, 14,700 DIY artists generated $10,000 across recorded music and publishing royalties on the service in 2022, MBW reports. This means that DIY artists comprised approximately 25.8% of the subset of 57,000 artists who generated $10k+ on Spotify in 2022. However, compared to the previous year, the news isn't that good. In 2021, Spotify helped 15,140 DIY artists generate over $10,000.

The MBW breaks down the numbers Spotify shared in their Loud & Clear report about how much it pays in royalties, and to whom. The number of artists generating $50,000 or more a year stood at 17,800 in 2022, up by 1,300 from the prior year. However, in 2021, that same category grew year-on-year by 3,100, more than double its rate of increase in 2022. The $50k is the amount "generated" by artists, their royalties will inevitably be reduced once they’ve paid their distributor/publishing admin company/publisher/record company a fee, commission, recoupment charge, etc. Still, it's a monthly paycheck allowing the musician a decent living from cre

Spotify introduced a significant redesign of its app, including the vertically scrolling “discovery” feeds, a new “Smart Shuffle” mode for playlist recommendations, a new podcast autoplay feature and more. Mashable points out that "Spotify's update aims to help users find more content on the platform. The idea is that users will scroll through their feed and see fragments of content that they then will save for later. But these changes appear to miss the thing that people actually enjoy about the app: all the music they love being in one place." The Verge agrees: "The new design goes heavy on imagery and vertical scrolling, turning your homescreen from a set of album covers into a feed that much more closely resembles TikTok and Instagram. As you scroll, Spotify is also hoping to make it easier to discover new things across the Spotify ecosystem."

Spotify revealed on their Stream On event that through December 31, 2022, it had paid more than €34 billion in royalties to record labels, music publishers, and other rights holders since launch, MBW reports. In 2021 the streaming giant paid €7+ billion, which was up from €5+ billion in 2020, which means it will likely reach the €40 billion benchmark this year. Spotify says that “nearly 70%” of every dollar it generates from music “is paid back as royalties to rightsholders, who then pay the artists and songwriters, based on the agreed terms”. Spotify also revealed that in 2022, as many as 10,100 artists from over 100 countries worldwide generated at least $100,000, and 1,060 artists generated more than $1 million.

Getting hot in Sweden
February 01, 2023

The first! - Spotify has 200 million paid subscribers

Spotify’s number of premium subscribers increased to 205 million as of December 31st, the company announced in this week's earnings release, representing a 14 percent increase year-on-year. That helped increase its monthly active users to 489 million, a 20 percent rise. On the other hand, Spotify posted €3.17 billion in revenue, up 18% from the year-earlier period, and a net loss of €270 million, Variety reports. Spotify is widely considered to be the largest music streaming service in the world, and the first one to reach 200 million subscribers.

Arctic cold
January 23, 2023

Spotify to let go over 500 people

Spotify has announced today (January 23) that it is in the process of reducing its employee base by “about 6% across the company”. At the end of Q3 2022, Spotify employed 9,808 full-time employees globally - six percent of 9,808 is 588, the MBW reports. In the last six months, music and tech companies have been hit with a series of layoffs. SoundCloud started reducing its global workforce by approximately 20%. BMI will lay off 10% of its workforce. Alphabet is letting 12.000 workers go, Microsoft 10,000, Amazon is cutting its workforce by 18,000...

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