Drake makes $3mm a year from Pandora
Via SAI
5 billion Spotify streams have been pushed into Facebook to date
PULSE: Songkick gets $10mm. Superglued acquired by Complex. Setlist.fm aquired by Live Nation.
MTV launches Myspace competitor.
Sign up at Artists.mtv
“Adele’s app hits 1.5mm downloads. A new record for Mobile Roadie.”
App here.
The FADER + MSN join forces on Sound Discovery
“The ultimate music festival experience”
Provides you with quick bits, facts and artist info on upcoming music festivals. Get their SXSW run down here.
Battle of the Digital Jukebox
Turntable.fm and their slew of competitors showed us how voracious music lovers can be when they can come together to play tracks. The next craze: digital jukeboxing. We’re seeing a handful of startups pop-up, all with a similar goal in mind: let patrons at bars choose what they’re listening to on the house speakers via their own mobile phones and music libraries. The most common features so far are voting on tracks in the que, point and reward systems, and new approaches to music discovery. This is who Cantora has talked to so far
More to come…
“Most Spotify subscribers spend twice the amount of money on Spotify as the average iTunes user spends on iTunes.”
Daniel Ek (paraphrased) via Grammy.com. That’s $120 per year on Spotify vs $60 on iTunes.
Ex.fm raises $1.5mm. Backplane raises $4.5mm.
Pack the canon. Via DMN
A bright future for music tech: take-aways from SF MusicTech X.
Knowledge dropped from Ian Hogarth at SongKick. Via HypeBot
30 music startups set to rock MIDEM
Via TNW
“Sirius XM Radio added 1.7 million subscribers in 2011…”
“…a healthy addition that brings the overall subscriber base to 21.9 million.” Via DMN
Bandcamp powered artist sales of $1 million in December
“Bringing cumulative sales to $12.6 million. The company pointed to numerous examples of fans purchasing music and merchandise after initially intending to get it for free.” Via DMN
