Spotify acquires SoundBetter, a music production marketplace, for an undisclosed sum – gpgmail


Spotify today took another step in its efforts to build out services for artists to help diversify itself away from a business model predicated on paying music streaming royalties to labels: it has acquired SoundBetter, a music production marketplace for artists, producers, and musicians to connect on specific projects; and for people who are looking to distribute music tracks to those who want to license them.

SoundBetter has about 180,000 registered users and has paid out more than $19 million to musicians and producers to date, averaging around $1 million per month currently, itself taking a cut by way of a commission (of an undisclosed percentage) on each deal secured through the platform.

Financial terms of the deal are not being disclosed, meaning it’s unlikely to be a significant sum for the $24 billion streaming giant, which now has 232 million users, including 108 million Spotify Premium subscribers. New York-based SoundBetter had raised an undisclosed amount of funding from investors including 500 Startups, Foundry Group, Eric Ries and Verizon Ventures when it was still called Nautilus under AOL (disclosure: gpgmail is part of Verizon Media). Its last funding — convertible debt from Drummond Road and others — was back in 2015.

SoundBetter is not being shut down with the acquisition: a spokesperson confirmed to gpgmail that it will be business as usual as Spotify and the startup work on integrating SoundBetter’s services with Spotify for Artists, which currently offers musicians and others analytics on Spotify tracks and other services to help market themselves.

SoundBetter was founded back in 2012 by Shachar Gilad (CEO) and Itamar Yunger (CTO) and operates two main services. Its main business is an online marketplace for musicians to source singers, sound engineers, producers and other music and audio professionals to put the finishing touches on tracks (think Fiverr or Behance, but specifically for music). In June this year, it launched a newer marketplace called Tracks for people to license finished music, competing with the likes of Epidemic Sound (which earlier this year raised money at a $370 million valuation).

Interestingly, Spotify had tried to launch a direct music distribution platform in the past — including with an investment in DistroKid, a music distribution service that supports cross-platform uploads — but the effort never left the beta phase and was then shut down this past July. That decision possibly make more sense now, since the move might have been made to pave the way for SoundBetter.

Indeed, for Spotify, the deal is a signal that the company is going to continue investing in more behind-the-scenes services for artists and others in the music ecosystem, particularly in building up services that bypass (or at least exist alongside) those of traditional labels, and take some pressure off that side of the business. Last quarter, Spotify faced some criticism (and a drop in its share price) for missing its own targets for subscription growth

“As we build out our tools for creators, we want to give them the resources they need to thrive. SoundBetter has the same vision,” said Beckwith Kloss, VP Product, Creator at Spotify, in a statement.  “We’re excited that creators can generate income through SoundBetter, as well as benefit from its network of top professionals – from instrumentalists to songwriters to producers – as they perfect their tracks.”

Spotify has over the years amassed a growing list of assets that take the platform beyond basic music streaming, with a lot of attention of late focused on spoken word content, providing cloud-based studio services by way of SoundTrap (acquired by Spotify in 2017), and podcast platform Anchor (acquired last year).

But with music continuing to be the beating drum of the platform, Spotify will continue to build up that area of its business, too, not least because competitors like Apple are also continuing to build up its own services for artists that bypass traditional labels. 

SoundBetter already has a decent, if relatively small, business, with its fair share of big names. It claims that “Kanye West’s Producer, Hoobastank’s Drummer, Jamiroquai’s Guitarist, Beyonce’s Songwriter, Joe Cocker’s Bass player, Herbie Hancock’s Engineer, Morrissey’s Guitarist, The Killers’ Mixing Engineer, and George Michael’s Mastering Engineer” are among those using its services. This will give it a big boost in exposure: Spotify for Artists currently has 400,000 registered users, but the platform itself has become a cornerstone of digital music distribution.

SoundBetter offers the most comprehensive global marketplace for music and audio production professionals for hire in the world along with a member community spanning 176 countries and 14,000 cities worldwide,” said SoundBetter Co-Founder and CEO Shachar Gilad. “We are excited to benefit from Spotify’s global scale, resources, and vision to expand our network and drive more economic opportunities for artists of all levels.”


10 minutes mail – Also known by names like : 10minemail, 10minutemail, 10mins email, mail 10 minutes, 10 minute e-mail, 10min mail, 10minute email or 10 minute temporary email. 10 minute email address is a disposable temporary email that self-destructed after a 10 minutes. https://tempemail.co/– is most advanced throwaway email service that helps you avoid spam and stay safe. Try tempemail and you can view content, post comments or download something

Paid streaming music subscriptions in U.S. top 60M, says RIAA – gpgmail


Streaming music subscriptions continue to drive the U.S. music industry’s growth and revenues, according to a new report from the Recording Industry Association of America (RIAA) released this week. The organization said total music revenue grew 18% to $5.4 billion in the first half of 2019, with streaming music accounting for 80% of industry revenues. The report also noted the number of paid subscriptions topped 60 million in the U.S. for the first time.

Streaming revenues grew 26% to $4.3 billion in the first half of the year.

This broad figure includes paid versions of Spotify, Apple Music, Amazon Music, and others, as well as digital radio service revenues like those from Pandora, Sirius XM, and other internet radio, plus ad-supported streaming like YouTube, Vevo, and the ad-supported version of Spotify. Screen Shot 2019 09 06 at 3.46.43 PM

Meanwhile, paid subscription streaming is continuing to grow, too, said the RIAA. Year-over-year, paid subscriptions grew 31% to reach $3.3 billion and remain the biggest growth driver for industry revenues.

In the first half of 2019, paid subscriptions made up 62% of all U.S. industry revenues and 77% of U.S. streaming music revenues.

Screen Shot 2019 09 06 at 3.47.18 PM

The number of paid subscriptions to full on-demand streaming services grew 30% to 61.1 million in the first half of the year, at an average pace of over 1 million new subscriptions per month.

This doesn’t include the “Limited Tier” subscriptions like Pandora Plus or that Echo-only subscription to Amazon Music, for example, where various factors limit access to a full catalog across devices or restrict some on-demand features. This category saw $482 million in revenues, up 39% from the year prior.

“Thanks to that breakneck growth, plus continued modest drops in digital downloads and new physical sales, streaming now generates 80% of music business revenues and has fundamentally reshaped how fans find, share, and listen to the songs and artists they love,” wrote RIAA Chairman & CEO Mitch Glazier, about the new figures.

Screen Shot 2019 09 06 at 3.47.50 PM

Ad-supported on-demand services grew 25% year-over-year to $427 million, while digital radio service grew 5% to $552 million in the first half of 2019.

However, the gains made by streaming were somewhat offset by declines in digital downloads, as Glazier noted.

Revenues in this category fell 18% to $462 million in the first half of the year, with digital track sales down 16% year-over-year and digital album revenues down 23%. Overall, digital download only accounted for 8.6% of total industry revenues.

Screen Shot 2019 09 06 at 3.48.11 PM

Physical product revenues grew 5% to $485 million in the first half of 2019, but the RIAA attributed this to a reduction in returns.

 


10 minutes mail – Also known by names like : 10minemail, 10minutemail, 10mins email, mail 10 minutes, 10 minute e-mail, 10min mail, 10minute email or 10 minute temporary email. 10 minute email address is a disposable temporary email that self-destructed after a 10 minutes. https://tempemail.co/– is most advanced throwaway email service that helps you avoid spam and stay safe. Try tempemail and you can view content, post comments or download something

Spotify expands its new Premium Duo plan to Latin America – gpgmail


Spotify’s newest paid subscription, the Premium Duo plan designed for two people, first launched this spring as a pilot test in Ireland, Colombia, Chile, Denmark, and Poland. Today, Spotify says the plan is being more broadly rolled out to 14 more Latin American markets.

The new markets include: Argentina, Bolivia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, and Uruguay.

The Duo plan is meant mainly for couples, though it could apply to roommates or any other two people who share the same home address.

In terms of pricing, it’s a step up from a single Premium subscription but more affordable than a Family Plan, as it’s limited to just two accounts. However, the Duo plan is discounted so it’s a better deal than buying two separate Premium accounts.

The benefits are similar to those on the Family Plan. Like the larger group plan, Duo keeps each user’s music preferences and recommendations separate from one another. And like the Family Plan, which recently added a custom mix composed of track everyone in the family enjoys, the Duo subscription also includes its own shared playlist, the Duo Mix. Members can easily share their playlist libraries with one another, too.

Despite now reaching 19 total markets, Spotify still refers to the Premium Duo plan as a “pilot,” which typically means the company hasn’t fully committed to bringing the service to all its users at some point. Instead, that terminology typically implies the company is continuing to evaluate the new service’s impact.

In Spotify’s case, Premium Duo’s launch in March hasn’t yet led to a massive subscription bump. When reporting its Q2 2019 earnings, the company said it added 8 million new subscribers in the quarter, which was below the estimated 8.5 million figure. It now has 232 million monthly users and 108 million paying subscribers.

That said, Duo hasn’t reached many of Spotify’s key markets where such a plan could have more of an impact to subscriber counts, including the U.S.

If you live in a supported market and already have a Premium plan you can visit your Account page on Spotify’s website to add a partner and upgrade. Both plan members will need to share the same home address.


10 minutes mail – Also known by names like : 10minemail, 10minutemail, 10mins email, mail 10 minutes, 10 minute e-mail, 10min mail, 10minute email or 10 minute temporary email. 10 minute email address is a disposable temporary email that self-destructed after a 10 minutes. https://tempemail.co/– is most advanced throwaway email service that helps you avoid spam and stay safe. Try tempemail and you can view content, post comments or download something

AT&T’s CEO of Communications, John Donovan, to retire in October – gpgmail


John Donovan, CEO of AT&T Communications, announced today his plans to retire effective October 1, 2019. Donovan has for the past two years led AT&T’s largest business unit, which services 100 million mobile, broadband and pay-TV customers in the U.S., as well as millions of business customers, including nearly all the Fortune 1000.

The news comes amid several big changes in that business unit itself, and more in the broader telecom industry.

For starters, AT&T had just rebranded its over-the-top streaming service DIRECTV NOW to AT&T TV NOW, and  just last week rolled out a brand-new TV service, AT&T TV, in 10 test markets.

While DIRECTV NOW (aka AT&T TV NOW) is meant to compete with other over-the-top streaming services like Dish’s Sling TV, Hulu with Live TV, YouTube TV and others, the new AT&T TV is a more conventional — though still “over-the-top” — option that can work with any broadband connection.

However, it locks in customers to two-year contracts, requires a set-top box and has packages that range from $60-$80 per month, much like a traditional TV subscription.

Elsewhere at AT&T, its WarnerMedia division is working a streaming service of its own, HBO Max, which is meant to battle more directly with premium offerings, like Disney+ or Apple TV+, for example. AT&T also operates a low-cost streaming service, Watch TV.

And the company continues to offer pay-TV offerings like DIRECTV (satellite service) and U-verse (cable).

It seems AT&T is due to consolidate these efforts at some point, and Donovan’s departure could signal some changes on that front, perhaps. Plus, as The WSJ reported, Donovan and WarnerMedia head John Stankey had a strained relationship at times. That could because HBO Max will end up competing with other AT&T offerings and services, the report suggested.

In addition to its various streaming ambitions, AT&T is also starting to roll out 5G, a move Donovan spearheaded. The company is also preparing for competition from new players, including what arises from a T-Mobile/Sprint merger, and from Dish’s plans to enter the wireless market.

Donovan had been CEO of AT&T Communications for two years, after having joined the company as CTO in 2008. Prior to his CEO role starting in July 2017, he had been promoted to AT&T’s chief strategy officer and group president — AT&T Technology and Operations.

He previously worked at Verisign, Deloitte Consulting and InCode Telecom Group.

Donovan, 58, was nearing the company’s retirement age of 60, but his departure was still unexpected, The WSJ also said.

“It’s been my honor to lead AT&T Communications during a period of unprecedented innovation and investment in new technology that is revolutionizing how people connect with their worlds,” said John Donovan, in a statement. “All that we’ve accomplished is a credit to the talented women and men of AT&T, and their passion for serving our customers. I’m looking forward to the future – spending more time with my family and watching with pride as the AT&T team continues to set the pace for the industry.”

“JD is a terrific leader and a tech visionary who helped drive AT&T’s leadership in connecting customers, from our 5G, fiber and FirstNet buildouts, to new products and platforms, to setting the global standard for software-defined networks,” added Randall Stephenson, AT&T’s chairman and CEO. “He led the way in encouraging his team to continuously innovate and develop their skill sets for the future. We greatly appreciate his many contributions to our company’s success and his untiring dedication to serving customers and making our communities better. JD is a good friend, and I wish him and his family all the best in the years ahead.”

Disclosure: gpgmail is owned by Verizon by way of Verizon Media Services. This does not influence our reporting. 


10 minutes mail – Also known by names like : 10minemail, 10minutemail, 10mins email, mail 10 minutes, 10 minute e-mail, 10min mail, 10minute email or 10 minute temporary email. 10 minute email address is a disposable temporary email that self-destructed after a 10 minutes. https://tempemail.co/– is most advanced throwaway email service that helps you avoid spam and stay safe. Try tempemail and you can view content, post comments or download something

SiriusXM undercuts rivals with a $4 per month student subscription – gpgmail


SiriusXM is making its streaming service more affordable for younger consumers with the launch of a new subscription package for college students. While SiriusXM’s Premier package is $12.99 per month, the new streaming-only student offering will be just $4 per month — a 69% discount. This comes in a dollar less than competitors’ student plans, including the $4.99 per month packages from Apple Music, Spotify, Amazon Music Unlimited, YouTube Music, and even SiriusXM-owned Pandora.

The move represents a big grab for a growing user base who prefers to subscribe to streaming music services rather than make purchases on digital marketplaces, like iTunes or Amazon.

Though the SiriusXM brand has for a long time been associated with being an upgrade option for vehicles, the service has been working to establish itself as a viable option outside the car. In April, it launched a streaming-only subscription for listeners without cars.

Today, SiriusXM streams across phones and tablets, on the web, and at home on connected devices including Amazon Alexa, Fire TV, Chromecast, Roku, Apple TV, smart TVs, Sonos speakers, Xbox, and Sony PlayStation.

Like other student packages, SiriusXM’s student plan isn’t a watered-down subscription. It offers access to SiriusXM’s full lineup of music, including its over 200 commercial-free channels, which feature both music and talk radio-style programming as well as sports, entertainment, comedy, lifestyle, news and more.

This also includes some of SiriusXM’s more recent additions, following its $3.5 billion Pandora acquisition last year, which bring Pandora -powered content to its service. For example, the companies this spring launched Pandora NOW, a station that streams on both services that used Pandora listener data to pull in the most listened-to and the fastest-trending new tracks across Pop, Hip Hop, R&B, Dance and Latin.

Plus, students will have access to the over 100 SiriusXM Xtra channels which allow you to skip through songs, the company says.

The service does not include the ability to stream to cars, however — it’s a student version of SiriusXM’s streaming-only plan.

To join the service, students will have to verify their status as a registered student by providing their university or college name upon sign-up. The verification process is handled by SheerID, which also powers verification for others in the space, like YouTube, Spotify and more.

“Today’s college students grew up listening to SiriusXM in their parent’s car, and now we have a package built just for them,” said Matt Epstein, Vice President, SiriusXM Outside the Car, in a statement. “Our Student Premier Package enables students to have their own subscription and continue to enjoy the SiriusXM programming they love in their dorm room, at home or on the go,” he said.

 

 


10 minutes mail – Also known by names like : 10minemail, 10minutemail, 10mins email, mail 10 minutes, 10 minute e-mail, 10min mail, 10minute email or 10 minute temporary email. 10 minute email address is a disposable temporary email that self-destructed after a 10 minutes. https://tempemail.co/– is most advanced throwaway email service that helps you avoid spam and stay safe. Try tempemail and you can view content, post comments or download something

Netflix aims to retain subscribers with launch of a feature to track new releases – gpgmail


Hoping to keep viewers engaged with its content, Netflix today announced the launch of a new section called “Latest” in its TV app, designed to highlight the streaming service’s recent and upcoming releases. The addition isn’t just another row or two within the main Netflix homepage. Instead, the “Latest” section gets its own dedicated area in the Netflix TV app, which is accessible from the left-hand sidebar navigation.

Here, it’s found beneath the “Home” button and above the links to the dedicated “Movies” and “TV Shows” pages.

The section will be personalized to the end user, based on their viewing history, the company says.

At the top of “Latest” is a row that showcases new content that arrived this week, which is then followed by two rows showing content that’s due to arrive this week and the next.

Users can also click on these future releases and set alerts to remind them when the TV show or movie they’re interested in watching has arrived.

Netflix says the feature is now globally available on its TV app, which means you’ll only find it on streaming devices like the Fire TV, Apple TV or Roku, for instance, or on other smart TV or game console platforms. However, the company tells gpgmail it already has a similar feature for Android users and is currently testing the “Latest” section on iOS.

The company first spoke to Variety about the addition, adding that the personalized suggestions update several times per day.

Netflix director of product innovation Cameron Johnson told the outlet the experience was similar, in a way, to movie trailers, as it’s also designed to get people interested in upcoming releases.

However, the launch comes at a time when people will soon be considering the value they receive from their Netflix subscription. The company recently posted a disappointing quarter where it announced it lost U.S. subscribers for the first time since 2011 and broadly missed estimates of 5 million subscriber additions, by adding just 2.7 million new subscribers globally.

The streamer blamed its light content slate for the declines. While it did claim a couple of bright spots in Q2, like the dark comedy Dead to Me and the limited series When They See Us, a good bit of Netflix’s original content is becoming formulaic and copycat-ish.

It’s now doing its own version of Project Runway, and has a slate of shows that are obviously inspired by (if not precisely copied from) popular reality TV hits like Million Dollar Listing, Say Yes to the Dress, Cupcake Wars, Top Chef, The Bachelor, Real Housewives, and others. It manages to snag beloved stars, but then puts them into mediocre fare. It underwhelms with its by-the-numbers original films.

That said, Netflix deserves credit for how far it has come since its early days as a mail-order movie service. Today, its multi-billion dollar investments in original content has led to the streamer being best known for its own breakout hits, like Orange is the New Black or House of Cards, for example.

But as its sheds its catalog content in favor of shifting its audience to in-house productions, its image has changed as well. It’s no longer thought of a one-stop-shop for anything you want to watch combined with a rich slate of quality originals. And now it’s poised to lose some of its most popular licensed content — Friends and The Office — as the traditional media license holders move into the streaming market.

Variety had reported in July that content from NBCU, Disney/Fox and Warner Bros. accounts for 60%-65% of Netflix’s viewing hours.

Now Netflix is facing competition from Disney+, which will undercut Netflix’s pricing at $6.99 per month and be offered in a $12.99 per month bundle that also includes Hulu and ESPN+. That’s the same price as Netflix’s standard U.S. plan.

More than ever, Netflix needs to keep its viewers locked in, and one of the best ways to do this is to remind them there are new movies and shows they will want to watch.

Image credit: Netflix


10 minutes mail – Also known by names like : 10minemail, 10minutemail, 10mins email, mail 10 minutes, 10 minute e-mail, 10min mail, 10minute email or 10 minute temporary email. 10 minute email address is a disposable temporary email that self-destructed after a 10 minutes. https://tempemail.co/– is most advanced throwaway email service that helps you avoid spam and stay safe. Try tempemail and you can view content, post comments or download something

Roku expands its free, live TV selection with 5 more channels, including fubo’s Sports Network – gpgmail


The Roku Channel continues to expand beyond ad-supported movies and premium subscriptions, with today’s announcement of the addition of several more live TV channels available to anyone with a Roku streaming device or Roku TV. The company says today it’s adding five free live TV channels to this offering, including most notably, fubo’s Sports Network.

The fubo Sports Network is streaming service fuboTV’s first-ever TV channel designed for distribution outside its own platform.

Soft-launched this June, fubo produces content for the channel, including original programming, event coverage, behind-the-scenes, and other exclusives. The network is already available to a few streaming platforms, including XUMO, Samsung TV Plus, and LG Channels (powered by XUMO.)

However, distribution to Roku’s popular entertainment hub is a big win for the new channel, given that Roku is now the top streaming device platform in the U.S., with a 39% share of streaming boxes and sticks and a 33% share of smart TV operating systems.

Other new networks arriving to The Roku Channel today include the ACC Digital Network, USA Today, Now This (news), and Comedy Dynamics.

In addition, The Roku Channel now offers the Sports Illustrated streaming service, SI TV, to any interested subscribers through its Premium Subscription lineup.

Roku has been rapidly expanding its Roku Channel hub since it first launched in September 2017 with a focus on free, ad-supported movies — similar to Vudu’s “Movies on Us” or Tubi, for example. But shortly after, the channel began to roll out more content like news, sports, TV shows, and other entertainment offerings both from traditional studios and digital networks. This pushed the channel to become one of the most-watched on its platform.

And this year, Roku launched its own premium subscriptions alongside its free content, allowing The Roku Channel to become not just the place to find free entertainment, but where you tune in to your favorite shows as well. Today, its paid lineup includes top premium networks like HBO, Cinemax, Showtime, Starz, EPIX, and many others.

The decision to invest in its own content hub gives Roku a powerful selling point for its devices — and that appears to be paying off with consumers and in terms of the company’s bottom line.

Roku recently closed out its second quarter with 30.5 million active accounts, up by 1.4 million from the prior quarter, and average revenue per user up from $19.06 in Q1 to $21.06 in Q2. Revenue was also up 45% year-over-year to $252.5 million.

 


10 minutes mail – Also known by names like : 10minemail, 10minutemail, 10mins email, mail 10 minutes, 10 minute e-mail, 10min mail, 10minute email or 10 minute temporary email. 10 minute email address is a disposable temporary email that self-destructed after a 10 minutes. https://tempemail.co/– is most advanced throwaway email service that helps you avoid spam and stay safe. Try tempemail and you can view content, post comments or download something