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Royalties From Digital Radio Total $1 Billion since 2000

Digital music streaming does pay

Jun 19 2012, 1:25pm CDT | by

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Royalties From Digital Radio Total $1 Billion since 2000
 
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Royalties From Digital Radio Total $1 Billion since 2000

The music industry has vilified itself more than a little for consumers of digital media thanks to the widespread and overreaching piracy suits headed by the RIAA. It gets the point where you might think no money was made from digital music sales and streaming for artists or record levels, but that isn't the case.

SoundExchange is a nonprofit company that was founded in 2000 to handle online payments for streaming audio. The money the company collects is paid out to record labels and artists. The company says that so far this year quarterly payments have exceeded $100 million. The company also notes that overall since its founding in 2000 and it is paid out $1 billion in royalties. It sounds like digital music is starting to add up.

 

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Update: 4

Amazon unveils massive database expansion for Prime Music service

Source: BetaNews

Just a few weeks ago, Amazon added one more perk to its Prime service, gifting customers with a music streaming service. The launch was a bit clumsy, as many of the songs and artists searched for were not available. However, as I wrote at the time, I expected that to improve. Today the first leap forward takes place. The retailer is adding hundreds of thousands of new songs to the service, and also promising hundreds of new playlists. "The response we've had ...
Source: BetaNews   Full article at: BetaNews Jul 23 2014, 11:11am CDT
 


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Update: 3

Amazon Prime Members Have Streamed ‘Tens of Millions’ of Songs…

Source: Digital Music News

It’s not just moms using this thing!  Amazon Prime Music launched on June 12th, less than two weeks ago. In that time, Amazon says that members have streamed “tens of millions of songs”. Amazon also says that Prime members have added tens of millions of songs and millions of playlists to their libraries, but no specific numbers have been given.  Steve Boom, Amazon’s VP of Digital Music, says these numbers greatly exceed Amazon’s expectations. More as ea ...
Source: Digital Music News   Full article at: Digital Music News Jun 23 2014, 11:47am CDT
 

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Update: 2

Amazon boasts of big first week for Prime Music service

Source: BetaNews

Almost two weeks ago, retail giant Amazon added music streaming for Prime customers. This is in addition to the other awesome benefits, such as a solid instant video service, free two day shipping and a Kindle lending library. For $99 per year, customers get all of these features, and Amazon reaps rewards in the background. Now the company is boasting of the big first week that its new music service experienced, claiming tens of millions of songs have already ...
Source: BetaNews   Full article at: BetaNews Jun 23 2014, 11:05am CDT
 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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