Showing posts with label Rhapsody. Show all posts
Showing posts with label Rhapsody. Show all posts

Thursday, June 12, 2014

Will Youtube Sink Indie Music Labels?

Will Youtube Sink Indie Music Labels?




Nothing in life is fair or balanced. As much as we wish it to be, some things just don't add up, especially when the almighty dollar is involved. Myspace was a major hit in the mid 2000's especially for bands. Now the migration has shifted to Facebook, but the one constant since 2005 has been the omnipresence of Youtube. 


Sooner or later youtube would tighten its grip on the its service of world domination and it seems those days are coming sooner than later. Below is quite the interesting read and or listen about how this will affect indie labels such as Rusty Knuckles Music. Do yourself a favor and keep up to date with these tech stories as music promotion and listening habits are as much as in flux as listening tastes of the music audience we are all a part of.

Thursday, December 6, 2012

Can Clear Channel Really Compete On A Digital Level and Have Variety Within Their Playlists?

Clear Channel will always care more about their money belt than promoting real music stations
Pandora is slowing in it's stock price and the sharks are swarming, on what might be the next hottest commodity for streaming music, to be comparable to a service such as Spotify. Clear Channel's has dropped their fangs and are now plunging into digital music with their acquisition of executive media talent. One good aspect might be the ability of new bands to gain a bigger audience, on a mass level. 

If Clear Channel is making a serious push to become a contender in the digital streaming music market, will they still have the limited playlists, akin to their terrestrial stations? Also, after looking at reviews on Amazon, will iHeartRadio continue to force you to login to facebook with the app? Thank you, to the college and small market radio stations for being one of the last frontiers for promoting new music on FM stations and keeping regional music alive and kicking. 

Read the original article below on AdWeek


Can Clear Channel's iHeartRadio really compete with Spotify and Sirius XM?
"Clear Channel’s streaming service iHeartRadio is turning up the volume in an aggressive bid to take on red-hot Spotify and Pandora.

Over the past six months, Clear Channel’s digital service has recruited a slew of media execs, including president Tim Castelli (veteran of AOL and Google) and svp of marketing Holly Lang from Condé Nast. In July, longtime Microsoft veteran Rick Song was named evp of national digital sales. Song has been on a hiring spree of his own, tapping sales execs for Chicago and Los Angeles.


“Now that we have a leadership team, we are in the process of building our organization over the next six months,” said Song, who also pointed to Clear Channel’s artist relationships as a key competitive advantage. He cited September’s second annual iHeartRadio Festival in Las Vegas, featuring Taylor Swift and Green Day.


Clear Channel definitely has pushed its way into the digital music mosh pit. IHeartRadio’s app, which streams 1,500 terrestrial radio stations, along with digital stations and 15 million on-demand songs, is gaining traction. Since launching on Facebook last year, it’s attracted 20 million registered users and 5 million fans, said Song. The mobile app has been downloaded 135 million times since its launch four years ago. IHeartRadio also powers Yahoo Music’s radio service, which streamed the iHeartRadio Festival and continues to show highlight clips.


It all sounds impressive. But Pandora still commands 70 percent of the Web radio market and 6.6 percent of the total U.S. radio audience, per Triton Media, while Spotify this month scored a staggering $100 million from Coca-Cola in new funding.


While the competition is intensifying, the economics remain questionable for all. Unlike terrestrial stations, music-streaming companies pay exorbitant royalty fees to artists (which is why Clear Channel and Pandora are jointly lobbying Congress to pass a more favorable law). Also, the ad market is still paltry, and agencies don’t know what to do with Internet radio or how to value it. “The whole industry is struggling with this,” said Maribeth Papuga, evp of direct local activation at MediaVest. “You know people are using it. But you have to justify it.”


Clear Channel at least knows how to sell to radio buyers, she said. But interestingly, the company has positioned iHeartRadio as a national radio buy, as Pandora makes a regional push. “What we’ve been good at is being a local company,” said Song. “Now we’re going out there and saying, ‘What is the power of our total reach and audience?’”


Having a bigger sales team will help. But what iHeartRadio really needs is more listeners. “Once they gain scale, they’ll be poised to gain market share,” said Lydia Foy, managing director of local audio, Horizon Media."

Monday, August 20, 2012

Spotify Is Growing, But Isn't It Growing Faster? - From Time.com

Digital music has been slowly creeping up to dominate the overall charts for music sales, but there is a quiet rebellion afoot. This rebellion is being staged directly with fans to bands. The cause is simple and effective and goes something like this. Fans want more interaction music and players of the music they enjoy. Call it a novelty idea, but we call it planting a flag and building your army.

As fan interaction and wanting to get even more involved with the artists they enjoy supporting, several key areas are growing steadily. Two of those things are unique items available to purchase from the bands and or labels and the amount of music being listened to on Youtube.

Check out this video of Rival Sons creating stencil art depicting their new album cover


If you haven't listened to playlists on the premier video channel, well, get started. Hell, why not even start with the Rusty Knuckles Music channel first of all! Besides our own blatant self promotion we urge yall to check out all the music you dig on youtube and pay more attention to the number one radio station world wide for finding new music and the classics you enjoy. FM radio is just too damn boring for true music connoisseurs.

Find the music you love with Spotify
"Spotify has frequently been hailed at as the savior of the moribund music industry. Sooner or later, the pundits argue, a streaming music service that gives users unlimited access to virtually every piece of recorded music in the world for a modest price – and that creates a revenue stream for artists — will crowd out the competition. Right?

Maybe so. But even as Spotify steadily builds its paid user base, a number of obstacles seem to be preventing the kind of growth that could restore the music industry to its former healthy glow.

The latest setback for streaming theory comes from Nielsen’s latest Music 360 study, which shows that teenagers get most of their music not from streaming services like Spotify, or from CDs, or even from iTunes — but from YouTube. That’s right: Close to two-thirds of U.S. teens 18 years old or younger use the video site to listen to music. Radio (56%), iTunes (53%), and CDs (50%) are next. The only streaming service that a substantial number of teens use is Pandora (35%). In other words, young people do seem to like the idea of streaming music from the web — they just don’t seem inclined to pay for it.

Nevertheless, Spotify is growing. The service updated its subscriber figures this month for the first time in a year, showing that it now had 15 million active users worldwide, 4 million of whom pay for the service every month. That’s up from 3 million in 2011. And the service is signing up subscribers at an unprecedented rate: According to a report by MusicIndustryBlog, it took seven quarters for Spotify to reach a million paying users while it took Rhapsody, a similar service, 11 years to do the same thing.

Of course, Spotify — unlike Rhapsody — had the advantage of coming of age during the era of widespread broadband use and 4G mobile capabilities. And other streaming services have been just as successful as Spotify yet now don’t even exist. (Ever heard of imeem?)

But perhaps even more discouraging for champions of Spotify is that streaming services seem to be bumping up against a number of immovable objects. For one, YouTube is emerging as a prime destination for music. Listeners can easily search and find virtually any band or artist, all at no cost, without having to download a separate program. And YouTube’s made it much easier for users to re-listen to their favorite artists through saved playlists and customizable tools.

Then there’s the fact that consumers continue to illegally download free music over the web. It’s unclear how much of an effect piracy has on streaming services, but peer-to-peer file-sharing accounts for 15% of the music acquired in the U.S., according to Russ Crupnick, music analyst at NPD Group.

Another issue is our apparently stubborn desire to own the music we enjoy the most. Nielsen’s study shows that while most adults discover new music on the radio, 61% say they still listen to music on CDs. Even the old cassette tape — yes, cassette tape — is outpacing most music services. Nine percent of adults say they still listen to tapes, while only 7% say they consume music through Spotify and 1% use either emusic.com or Rhapsody. Pandora registers much better, with 32% saying they use the service. About 30% of adults say they download music through iTunes.

“I thought streaming would rapidly overtake digital downloads,” says Crupnick. “But I’ve reversed my feeling about that. What the research keeps saying is that people like the idea of ownership.”

Less than 10% of music listeners are digital-only consumers, according to Mark Mulligan of musicindustryblog. Most still listen to music through some combination of digital downloads, CDs, streaming music services, and vinyl records. More than 70% of Spotify listeners also buy digital downloads — mostly from iTunes — according to NPD Group.

“Four million paid subscribers [for Spotify] is a fantastic achievement, but it’s a drop in the ocean in the music industry,” says Mulligan. “I’m not sure we’ll ever get to the position where most people will want to pay $9.99 a month for streaming music. The bottom line is that the vast majority of people value ownership.”

In the digital space, iTunes boasts 80 million customers, and Spotify is nowhere close to seriously chipping away at those sales. While CD sales fell 6% last year, digital downloads and vinyl sales were up big. Album sales across all platforms rose for the first time since 2004 (but you can largely thank Adele for that).

Why do consumers want to own their music? Most consumers have a long history of purchasing musical recordings — but not TV shows or movies — a habit that seems hard to break. Another convincing theory is that the music we listen to is seen as a reflection of identities, more so than the TV shows or movies that we watch. Many streaming services attempt to address this impulse by allowing users to create their own individual playlists — but so far it appears that isn’t enough.

On the other hand, Nielsen’s latest numbers do provide a glimmer of hope for champions of streaming services like Spotify. The youngest generation’s reliance on YouTube shows that it doesn’t place as much emphasis on actually owning the music that they listen to. That means that a playlist, saved somewhere in the cloud, may eventually be a satisfying alternative to ownership for them. If so, streaming services may yet prove to be the music industry’s salvation."