Watch what happens when Spotify gives unknown music acts a big push - Recode. Rethinking Customer Retention Strategies in the Media Streaming Industry. Spotify Announces Acquisition Of Ad Tech Startup MightyTV. Music, Money and Metadata: The Promise of The Blockchain. Listen to Part 2 of Music, Money and Metadata here.
The music business has become a big data business. With millions of songs streaming every day from countless internet and mobile platforms. The creators who made and the companies that financed those recordings are supposed to get paid . Streaming Music Services, From Most Screwed to Least Screwed. This Brazilian Streaming Music Player Is Challenging Spotify, Using Chatbots. Statistics Canada : Sound recording and music publishing, 2015. Released: 2017-03-21 The Canadian sound recording and music publishing industry experienced a 3.0% decrease in its combined total operating revenues, from $880.0 million in 2013 to $853.9 million in 2015.
This was accompanied by a 6.6% decrease in total operating expenses, from $789.3 million to $736.9 million over the same two-year period, resulting in a 3.4 percentage point increase in operating profit margin, from 10.3% in 2013 to 13.7% in 2015. The largest industry group, record production and integrated record production and distribution, accounted for 48.9% of the total operating revenue, followed by music publishers (33.0%), sound recording studios (15.3%) and other sound recording industries (2.8%). Record production and integrated record production and distribution In 2015, the record production and integrated record production and distribution industry group had total operating revenue of $417.7 million in 2015, down from $481.1 million in 2013.