Category Archives: Music Stream

Goldman Sachs Sells Off $75 Million in Spotify Shares (Report)

Facing an uncertain outlook on a traditional IPO, last month reports emerged that Spotify is considering a direct listing, whereby the company would list its existing equity instead of selling new shares. – Variety

YouTube music head says company pays higher royalties than Spotify

Lyor Cohen rebuts the common belief that YouTube pays less than Spotify or Pandora, saying that his service pays more than $3 per thousand streams in the US, “more than other ad supported services.” Cohen, who has been trying to patch things up between YouTube and the music industry, believes that songwriters and artists need to know what they’re making. – Rob LeFebvre, Engadget

Pandora Names Roger Lynch as New CEO/President

Roger Lynch was formerly founding CEO of Sling TV. Prior to that role, he held posts at Dish Network and EchoStar Corporation, Video Networks International Ltd., and Chello Broadband. Prior to that, Lynch was a technology investment banker with Morgan Stanley in New York, Silicon Valley, and London. He began his career as a member of the physics technical staff at Hughes Aircraft Company. – Jem Aswad, Variety

48% of the Entire Swedish+Norwegian Population Is Paying for Streaming

YouGov found that free music dominated the streaming scene. YouTube ranks as the streaming service most used by Nordic inhabitants with a 60% share. Spotify came in second place with 51%. iTunes downloads had a 13% share. In each of these Nordic countries, eight out of ten people have used digital music services. 87% of all digital music consumers had streamed music from at least one free service. An average of 40% of people in all Nordic countries subscribed to a premium music streaming service. – Daniel Sanchez, Digital Music News

Why Spotify Lowered the Volume of Songs and Ended Hegemonic Loudness

What sound engineers have come to realize is that Spotify has reduced the LUFS index of everything on its platform from -11 LUFS to -14 LUFS, a number in line with that of competing musical platforms like YouTube (- 13 LUFS), TIDAL (-14 LUFS), and Apple Music (-16 LUFS). In practice, the volume for human ears will be more controlled, and you may not even notice the change. – Bruno Romani, MOTHERBOARD
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