Data

How Spotify Will Battle Taylor Swift 

When the pop superstar decided to pull her entire catalog from Spotify in 2014, citing issues with how the company compensates artists, it looked like a massive blow for the world’s largest paid music streaming service.

More than a year later, Swift’s music is still nowhere to be seen on Spotify. But the streaming service experienced its biggest growth year ever in 2015, adding 29 million active users. There’s no specific star or revolutionary business plan behind this success: In large part, its growth is thanks to the Echo Nest, a music data start-up that Spotify acquired just months before Swift’s exodus. Echo Nest alums have conceived and shepherded virtually every major product update Spotify has rolled out over the last year, from Discover Weekly to its Running mixes. These features, centered on personalization, are part of Spotify’s big bet that crafting killer, user-friendly playlists will keep its followers loyal.

Source: How Spotify Will Battle Taylor Swift — The Ringer

The Playlist That’s Helping Spotify Win The Streaming Music Battle 

The quest to give people what they didn’t even know they want has been the holy grail for streaming services, and Spotify succeeded almost by accident.

Discover Weekly actually began as a Hack Week project, but it was the technology they had from acquiring “music intelligence” firm The Echo Nest which allowed the idea to flourish. What’s genius about Spotify’s Discover Weekly playlists is its personalization. It’s capable of delivering content from artists the listener hasn’t heard but should like based on their established tastes.

Source: The Playlist That’s Helping Spotify Win The Streaming Music Battle – Vocativ

Digital Music Rights, Metadata and the Blockchain

Blockchain is finding its way into a huge variety of industries. Plans and research from finance to postal delivery are considering the benefits of blockchain to improve operational efficiency and enhance security, and the latest industry to explore the concept is the music industry.

At a meeting of entrepreneurs, blockchain advocates and music industry experts at a Berlin Music Festival, will look to discuss ideas relating to metadata and the identification of rights for individual tracks and how blockchain can improve the current, less than efficient situation.

Source: Digital Music Rights, Metadata and the Blockchain

Blockchain Going for a Song: New Tech Tunes Up Music Industry

How can Blockchain  change the industry’s revenue stream due to its ability to store, organise and share data based on a concept of transparency?

Blockchain panelists at Shoreditch House’s library in London gathered on Tuesday May 17. The technology is changing all the time and so rapidly as no one is quite sure what it will look like in a few months from now. But already music professionals – musicians, managers and labels – can use blockchain to fight fraud, create smart contracts and secure payments. Panelists also talked about many the issues involved, including transparency and copyright.

Source: Blockchain Going for a Song: New Tech Tunes Up Music Industry

Kobalt: New app is a ‘giant step’ towards transparency for songwriters 

Kobalt has today launched a new app for publishing clients which allows them to view their income in real time, broken down by individual works, type of rights or country. The launch translates Kobalt’s celebrated online portal to a mobile-friendly format, launching on iOS with an Android version set to arrive in the near future.

Kobalt founder and CEO Willard Ahdritz calls the new tech a “giant step” towards “the same transparent, on-demand access to their data that most other industries already have”.

Source: Kobalt: New app is a ‘giant step’ towards transparency for songwriters – Music Business Worldwide

Medianet, SOCAN, YouTube And The Kobalt Effect 

Sinscreen-shot-2016-03-22-at-16-56-17ce the demise of the long-running-but-never-launched Global Repertoire Database (GRD) there has been a lot of debate over what comes next for digital rights reporting. The songwriter class action suits in the US against Spotify are the natural outcome of more than one and a half decades of failing to deal with the forsaken mess that is compositional rights in the digital era.

The music industry needs a solution and now just like busses that never come, two arrive at once: Google’s Open Source Validation Tool for DDEX Standard (doesn’t sound too sexy I know, but bear with me on this one) and Canadian PRO (Performing Rights Organization) SOCAN has acquired Medianet essentially as a digital rights reporting play. So just what is going on in the world of digital rights reporting?

Source: Medianet, SOCAN, YouTube And The Kobalt Effect | Music Industry Blog

Revelator launches playlist analytics app 

Revelator_logoRevelator has developed a data management platform, with a dashboard to monitor individual or multiple tracks and artist playlist performance over time and across countries and cities.

The new Playlist Analytics function is available on Revelator’s web interface and is designed to track playlist activity on both Spotify and Apple Music, with other digital music services to follow.

“We are delighted to deliver another first to market with our Playlist Analytics offering, and honoured to be among the twenty finalists at this year’s MidemLab,” said Bruno Guez, Founder and CEO of Revelator. “Playlists are without doubt an essential marketing tool for rightsholders and successful playlist performance has become one of the key influencers of a track’s chart position and revenue-earning potential.”

Source: Revelator launches playlist analytics app | Music Week

Independent publishers fight against market concentration – and for more streaming cash 

WPierre Mossiathen IMPF was setup, it primarily had one item on its agenda: the Global Repertoire Database. Yet the GRD project, which would have created a single worldwide repository for all music publishing rights information, infamously collapsed in late 2014, by which time costs had hit £8m – a bill certain PROs were not willing to foot.

“The idea has not gone away since then,” comments Pierre Mossiat, CEO at founding member Strictly Confidential. “We still need global data for a global business. The GRD probably was probably too fast and probably too expensive for CMOs. But the next step, of regional hubs [bundling together collection across numerous territories’] is very possible, before something bigger in the future.”

Source: Independent publishers fight against market concentration – and for more streaming cash – Music Business Worldwide

Canada’s SOCAN acquires B2B digital platform MediaNet 

CanadaSOCAN_logo’s rights society SOCAN has made a major technology investment with the purchase of Seattle-based B2B digital platform and data management company MediaNet. Terms of the acquisition were not disclosed.

Privately-held MediaNet — originally founded as MusicNet in 1999 by EMI, AOL, BMG and RealNetworks — operates a database of over 4.1 million rights holders and their respective works and has developed music and metadata delivery technologies that work with streaming services, download providers, media search, and other media discovery tools. With a catalogue of 51 million sound recordings, MediaNet has powered digital music services worldwide such as Beats Music, Pulselocker, CÜR Music, Songza, Target, and Univision.

Source: Canada’s SOCAN acquires B2B digital platform MediaNet | Music Week

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