Entertainment Why Spotify Is Taking Over Indie Venue Marquees

23:40  01 december  2020
23:40  01 december  2020 Source:   billboard.com

Six Questions Answered From Spotify’s Third Quarter Earnings

  Six Questions Answered From Spotify’s Third Quarter Earnings Spotify, music’s most scrutinized company, reported decent financials and fair podcast growth in its third quarter earnings last Thursday. Between the letter to investors, which doubles as financial statements, and a jargon-filled earnings call, the company left much to digest. Earnings releases are important for two reasons:First, outsiders get to see the performance of the company through trustworthy, albeit unaudited, financial statements. Spotify’s existing trends continued in the third quarter: revenue improved 14.7% year over year and 4.6% from the previous quarter.

Spotify Donates 0,000 to U.S. Indie Music Venues . The streaming service is adjusting its typical The concept may sound simple — but it took a national deal with Spotify to make it happen, and it That’s why the National Independent Venue Association (NIVA) formed this spring: The group aims to

Why Spotify Is Taking Over Indie Venue Marquees . The Album That Will Make You Feel Like You’re At Christmas Mass All Over Again: Sunday Service Choir, Jesus Is Born.

Spotify is partnering with the National Independent Venue Association to roll out its annual Wrapped campaign on pandemic-shuttered music venue marquees across the country, it was announced Tuesday (Dec. 1).

Every year Spotify’s Wrapped campaign unveils the top artists, albums, songs, playlists and podcasts that defined how more than 320 million people around the world listened to audio. For the end of 2020, Spotify is sharing this listener experience with 30 venues selected from NIVA’s nearly 3,000 members.

As NIVA’s 3,000 members anxiously await the passage of the Save Our Stages Act in Congress to preserve independent music venues across the country, Spotify is donating a total of $500,000 to those stages and the NIVA Emergency Relief Fund. The NIVA Emergency Relief Fund was created to support America’s most vulnerable venues and is intended to provide short-term relief for independent music venue owners and promoters on the precipice of eviction or permanently shuttering due to the COVID-19 shutdown.

Spotify wants to monetize better visibility of artists against a drop in their income

 Spotify wants to monetize better visibility of artists against a drop in their income © Supplied by Clubic The audio streaming platform will allow artists and music labels to influence its recommendation algorithms. To ensure their promotion, artists will be able to highlight a specific title in the Radio and Automatic playback sections. The other side of the coin: Spotify will nibble their percentage.

If you were hoping to get paid a higher royalty by Spotify , Apple, Amazon, and the other streaming companies, it ain’t gonna happen. I intimately know physical product and digital distribution (CD Baby was our sister company for over a decade). And I’ve recently come to the unhappy conclusion that

Have questions, answers, ideas about Spotify ? Ask or join our Community! Where is Spotify available? We love playing music in headphones and speakers around the world.

“In a year that has taken on so many twists and turns, a first reaction might be to look forward and forget the challenging times. However, that would discount all of the amazing work that creators, fans, venues and activists have poured their hearts into this year,” said Spotify global group creative director Dan Brill in a release.“That’s why, instead of turning our backs on 2020, we wanted to give our appreciation for those who gave us hope — the people who, despite challenging circumstances, found ways to infuse magic into our world and give us hope for a better tomorrow.”

The partnership will be rolled out over the next few weeks, beginning with five noted artists and marquees. The Riverside Theater in Milwaukee will shout out an appearance by Alicia Keys at the venue from 2001. The Ritz Ybor in Tampa will do the same for a debut tour performance from Lady Gaga in 2009. The Aladdin in Portland will boast about Childish Gambino’s stop on his first tour in 2011, while Atlanta’s Center Stage does the same for Jessie Ware’s set in 2013. The Orange Peel’s marquee in Asheville, South Carolina, will read “In 2020, we saw the Blinding Lights. In 2012, the Weeknd’s first U.S. tour stopped here.”

Spotify Acquires Megaphone, A Top Podcast Ad And Publishing Platform, For $235M

  Spotify Acquires Megaphone, A Top Podcast Ad And Publishing Platform, For $235M Spotify has extended its run of podcast dealmaking, acquiring the well-established advertising and publishing platform Megaphone. Valued by sources at around $235 million, the deal is the second-largest of 2020 in the expanding realm of podcasting, after the $325 million acquisition of Stitcher by SiriusXM. The Megaphone Targeted Marketplace will make streaming ad insertion available to third-party Megaphone podcast publishers for the first time. Spotify recently introduced the technology on its own platform, enabling a wider range of brand messages to be woven into more relevant podcasts.

This is ridiculous. My tablet has 16GB of memory, and Spotify is chewing up 14GB of it with its cache. Interestingly the Deezer app always lets you set the size of the cache file - never understood why Spotify Spotify takes up about 100mb total on my iPhone. I don’t have any downloaded songs.

Is this because spotify is just popular in Mexico? Taking a look at Spotify 's Musical Map of the World, there are several dots around Mexico City, NYC, and LA. This means that the "Where people listen" list is not a great indicator to see which cities listen to an artist the most.

More marquees will feature the Spotify campaign in the coming weeks.

“As 2020 draws to a close, the live music industry enters month nine of no shows, no income, no federal support, and ever-mounting debts. Music is what connects us all – as Spotify shows us, it’s what helped our friends, our families and our communities get through this tumultuous year,” said Stephen Sternshein, co-founder / treasurer of NIVA and managing partner of Heard Presents in Austin. “Everyone’s favorite artists started somewhere, and we’re immensely thankful to Spotify for helping us to tell these stories. The stories that artists like Bruce Springsteen, Lady Gaga, The Weeknd, The Strokes, and so many more began on the very stages that today are struggling to survive.”

NIVA’s Emergency Relief Fund is intended to work hand-in-hand with federal and local programs, assisting with the most immediate needs facing the country’s independent venues and promoters and making it more likely that they will be able to reopen, fully, when it’s safe.

Spotify Is Finally Coming to South Korea .
Spotify, the world’s leading streaming brand, is ready to make a long-overdue entry into South Korea. On Thursday (Dec. 17), the digital entertainment giant confirmed plans to roll out in South Korea in the first half of 2021, following a push into Russia and several other Eastern European territories. For Spotify, launching in South Korea was simply a matter of timing and strategy.With one of the fastest-growing music major markets and an industry long-touted as a model of the future, South Korea is a prize.And led by the likes of BTS and Blackpink, its homegrown genre of K-pop is a global phenomenon.

usr: 0
This is interesting!