Growth of Music Streaming Royalties for RouteNote Artists – 2014: Streaming will be the Major Royalty Stream!

There has been a lot of talk especially at Midem about how Streaming Music services aren’t dominating royalty reports of major companies. I thought I would share some very basic graphs from RouteNote with you.

These graphs are very basic examples of the royalty share from RouteNote artists. This share has been split out between Download based royalties and royalties from Music Streaming Services. We simply wanted to show that Music Streaming Services are really growing and as of 2014 will make up the majority of royalties for RouteNote artists.

2011 streaming music revenues for routenote

2012 streaming music revenues for routenote

2013 streaming music revenues for routenote

2014 streaming music revenues for routenote

As stated above, we expect music streaming royalties to be the main source of income for the majority of RouteNote artists in 2014.

RouteNote user statistics get a makeover!

At RouteNote we are constantly thinking up new ways to improve the site for our clients and partners. The latest launch has been a makeover of the user statistics presentation that enables both artist and label to view their sales and downloads with ease. Clear, dynamic, graphs and drop down selectors make it easy to isolate the statistics of a track, an album or even an entire artist’s catalogue.

Some key features:

  • Label level information – record labels are now presented with total earnings over all artists in a summary and monthly breakdown.
  • Top ten tracks – record labels and artists are now provided with a top ten of their uploaded tracks.
  • Artist breakdown – in addition to our previous album/track breakdown we have updated an artist breakdown, which should allow record labels to keep track of their artists individually.
  • Territory download percentage – this percentage pie charts shows the user in which territories their label/artists/albums/tracks are selling. This will be useful for targeting your market and optimising your promotion strategy.
  • Retail store downloads – this percentage pie chart compares the ratio between sales in each digital store.

Please take the time to asses the new changes and all feedback, good or bad (not too bad or you’ll make us cry), is welcome!

Thanks to all clients for your constant support, happy selling!

Regards,

The RouteNote Team

RouteNote and Our Progressions

Here are RouteNote we have been very open about our statistics and offering from the beginning. Today I just wanted to run through how RouteNote is progressing and what you can expect for the future moving forward.

RouteNote Growth:

As most startups in the current economic climate RouteNote is no different, we have a very limited advertising and marketing budget which of course means growth doesnt have the possibilities as it would otherwise. However, we have been seeing an increase in traffic every month which is quite positive. I think this increase in traffic has a lot to do with the great press we have been receiving from all over the web (Rev2, Techcrunch UK, CNet, and more).

Additionally, we have been keeping track of how long it has taken RouteNote to reach goals of 1000 track intervals. It took RouteNote 199 days to reach 1000 tracks online, but the next 1000 tracks only took 109 days, and this last 1000 tracks which now brings us to over 3000 tracks online took 76 days to reach. The site is rising and our service is increase and becoming more efficient everyday.

Partners:

RouteNote has been developing new partnerships will all different types of companies in a variety of areas. Here at RouteNote we believe that diversity in digital music distribution is key. With download stores there are really only three main players at the moment, iTunes, eMusic and Amazon, and RouteNote has partnership argeements with all of these stores. Soon we will be adding more partnerships to help our musician push their music across the entire internet with the aim of allowing them to reach the mass market, while at the same time offering them top royalty and revenue schemes that are the best in the industry. Watch out for RouteNote partnering with some of the biggest growing music services on the web.

New Features Coming Soon:

Here at RouteNote we launched in the same way as many other startups. First you have private beta, then beta, then launch the site with a full service. Here at RouteNote we followed the same kind of structure but for us the beta tag is only there because we were yet to release our desktop upload tool. This tool and the beta tag should be completed in the coming months. Additionally, we are looking to add more services in our tools section which aims to help artists find great deals and provide them with the right tools to help self-promotion.

Overall:

RouteNote is still growing at a steady pace and we are aiming over this time to increase our offering as much as possible. As a RouteNote user you will see added partners in terms of stores, mobile, streaming, licensing and others, as well as a much more rounded product offering.