Posted July 9, 201114 yr http://musically.com/blog/2011/07/08/its-s...ify-us-rumours/ Moving back to Europe, though, X5 Music Group CEO Johan Lagerlof has been talking about Spotify’s impact in Sweden. “Spotify has had the biggest impact on the Scandinavian music market since the launch of the CD,” he tells Hypebot. “Spotify is currently the biggest single revenue source for the music industry and is estimated to be over 3 times bigger than iTunes in Scandinavia. Despite that, digital downloads grew 17% in Sweden last year compared to 3% in the US. Piracy for music has almost stopped.” Spotify music royalties. http://www.billboard.biz/bbbiz/industry/di...005269392.story From August 2009 through March 2011, his band received an average of 0.2865 cents per stream from Spotify. The smallest payment was 0.02056 cents and the largest was 1.1456 cents. His band owns the masters and acts as its own record label. However, those figures are before the 9% cut taken by digital distributor CD Baby.
July 17, 201114 yr Author January, 2010: 250,000 paid subscribers March 17, 2010: 320,000 paid subscribers July 20, 2010: 500,000 paid subscribers December 8, 2010: 750,000 paid subscribers March 8, 2011: 1,000,000 paid subscribers (second to only Melon, a South Korean music store that offer 50 MP3 for $7 a month) July 14, 2011: 1,600,000 paid subscribers With the USA launch, expect 2,000,000 paid subscribers within 2 months? Here's how much they paid: VEVO: $0.0070 per stream (1000 streams = $7) Youtube: $0.0030 per stream (1000 streams = $3) Spotify: $0.0029 per stream (1000 streams = $2.9) Pandora Radio: $0.001 per stream (1000 sterams = $1) -------Pandora is traded on NYSE and is worth $2.84 billion. Edited July 17, 201114 yr by Dust2
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