Music Streaming (Spotify, Pandora) Accounts for 25% of the Digital Revenues for Warner Music

It seems as though music streaming services like Spotify and Pandora now account for over 25% of the digital revenues on Warner Music Group!

25% of Warner’s digital music revenue works out to be about $54 million, or about 8% of Warner’s total revenue for the period. It seems as though cannibalizing traditional digital sales from retailers like iTunes or from direct-to-fan sales isn’t happening.

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

Waze and Spotify soundtrack your drives, now on iOS

Following this years partnership with Spotify, Waze have been guiding your journey with music streaming all the way and now it’s come to iOS. In March this year Waze, a navigation app owned by Google,…

LiveXLive double down, acquiring Slacker Radio and Snap Interactive

Just days after LiveXLive bought Snap Interactive they’ve gone and purchased Slacker Radio to combine resources and assert their relevance. On Monday LiveXLive media started their work week by acquiring video streaming company Snap Interactive. Now…