Streaming Wars

Goldman Sachs’ latest Music In The Air report is forecasting that the “superfan” market could be worth $4.3bn globally next year. The subtext here is that this needs to become a priority focus for the music business as recorded music revenues actually fell short of Goldman Sachs’ expectations in 2024, causing it to downgrade its forecasts for this ... See more

Concerns about the commercial data that comes through all these distribution, royalty and other essential services are also growing. Not only does it allow you to snaffle up a rising star, it would be one of the most sophisticated and complete webs of price tracking your rivals imaginable in the music market. And no regulator wants to rely on firew... See more

There is currently a general lack of transparency around Discovery Mode . At the market level, it’s unclear who is engaging with the programme, whether the major rightsholders are using it or gain similar bene fi ts through other means, and how other interested parties are affected when it is utilised on a track. These concerns are compounded by th... See more

There is also a slightly subtler impact, noted by labels that we interviewed, on new artists, whereby their growth trajectory has been impacted due to the chilling effect on their ability to monetise the earliest stage of their career, and their access to support and services from platforms. Applying arbitrary thresholds to artists who are just sta... See more

At a time when cultural homogenisation is on the rise, where generative AI is increasingly putting innovative creativity in competition with mass derivation, we risk a future where music diversity is also being actively commercially suppressed. The introduction of thresholds, especially where they de-monetise repertoire , but also where they apply ... See more

This occurs across a competitive backdrop in the industry that has seen increased M&A activity, be that major labels acquiring indie labels and distributors, or catalogue acquisition. Heritage rights retain a premium, and market share is being bought, arguably, at the cost of investment in new, innovative music. Independent labels talk of it be... See more

While changes to a market are expected as it evolves, the interconnectedness of music streaming means that impacts are felt throughout the entire ecosystem. This is to say that there is a responsibility for all parties concerned to transparently engage in wider consultation before such impactful decisions are made. There is a shared responsibility ... See more

To prevent a future where cultural output is shaped by economic power alone, this report calls on digital services, rightsholders, regulators, and policymakers to take shared responsibility for ensuring that the streaming ecosystem supports innovation, inclusivity, and sustainable growth .

if you drive through Culver City you will see billboards for Amazon movies everywhere. Why? Because the directors who come to the studio lot to take a meeting there to make a movie, they drive there and they’re like, ‘Oh they’re marketing my movie.’ But they’re not.”