Archive for the 'music streaming' Category

13
Jul
16

The Economics of Music Streaming: Spotify

2016 is the pivotal year for the music streaming industry. After years of growth, we can expect a market consolation for the new few months with mergers, acquisitions and insolvencies. Thus, the question arises which music streaming services will survive that consolidation process. I try to assess who will be the winners and losers by analysing the financials of several music streaming companies. In the first part of this series I examine the global market leader in the music streaming market, the Swedish music streaming company Spotify.

Continue reading ‘The Economics of Music Streaming: Spotify’

30
Jun
16

The Music Streaming Market Revisited, 2011-2015

Last year, I posted an analysis of the international music streaming for 2014 based on IFPI numbers. Since then the global streaming market was highly dynamic and therefore I updated my analysis and included also earlier data. In 2015 the global streaming revenue (subscriptions and ad-supported streaming revenue) increased by 42.5 per cent (IFPI 2016: 17) and had a volume of US $2.89bn. The music streaming market is almost as big as the music download market (US $2.97bn) (IFPI 2016: 49). Music streaming, therefore, accounts for 42 per cent of the global recorded music market. However, the market share of music streaming differs between countries. Whereas in Sweden the music streaming market share is 66.5 per cent of the overall recorded music market, in Germany just 11.4 per cent of the recorded music revenue comes from music streaming sources. And Japan, the second largest recorded music market in world, lags behind with meagre 4.6 per cent. In the following, please read an analysis of the international music streaming for the time-span from 2011-2015.

Animation of the international music streaming markets, 2011-2015

Continue reading ‘The Music Streaming Market Revisited, 2011-2015’

28
Sep
15

6th Vienna Music Business Research Days, Sep. 29 – Oct.1, 2015

VMBRD-logoThe 6th Vienna Music Business Research traditionally start with the Young Scholars’ Workshop in the Large Conference Room of the Institute for Cultural Management and Cultural Studies (IKM) at 9:00am on September 29, 2015. Graduate and PhD students from Brazil, Ecuador, Germany, Hungary, Norway and Poland will present their theses in a closed workshop to highly regarded music business/industry research who will comment on and discuss the papers.

The second conference day on September 30, will be devoted to academic music business research in Joseph Haydn-Hall in the main building of the University of Music and Performing Arts Vienna from 9:00am to 18:00pm. Scholars from the Australia, Austria, China, Brazil, Germany, Iran, the Netherlands and Spain will highlight current results of their reseach on the music business/industry.

“Financing Music in the Digital Age” is the main topic of the third conference day in Joseph Haydn-Hall of the University of Music and Performing Arts Vienna  from 9:00am to 17:00pm on October 1. The conference day will be opened at by Dagmar Abfalter (University of Music and Performing Arts Vienna) with a paper – co-authored by Serge Poisson-de Haro (HEC Montreal) – answering the question is “Opera Streaming a New Revenue Source?” . In the following panel discussion – conducted by Dagmar AbfalterLuke O’Shaughnessy (The Oper Platform, Brussels), Christof Papousek (Cineplexx International GmbH, Vienna), Christopher Widauer (Vienna State Opera) and Robert Zimmermann (Berlin Phil Media GmbH of the Berlin Philharmonic Orchestra) will discuss on “The Economic Relevance of Classical Music Streaming” from 10:15-11:15.

Before lunch – from 11:45-12:30 – Kieran Garvey, Policy Programmes Manager and Research Associate at the Cambridge Centre for Alternative Finance, will highlight the role of “Alternative Financing of Music” with a special focus on music crowfunding.

After lunch – from 14:00-14:45 – start-up entreneur Andreas Mahringer and business “angelina” Selma Prodanovich will unveil the processes and structures behind start-up funding in a case study on the Viennese-based music start-up Record Bird.

Andreas and Selma will then participate in the following panel disuccion – conducted by journalist Jakob Steinschaden – on “Music Start-up Funding in the Digitized Music Economy”. The other panelists are Michael Breidenbrücker (co-founder of LastFM; speedinvest, Vienna and London) and Peter Jenner (Sincere Management, London).

The conference will be closed with awarding the best paper of the Young Scholars’ Workshop in Joseph Haydn-Hall of the University of Music and Performing Arts Vienna at 17:00 on October 1, 2015.

 

Find more details on the conference program here: https://musicbusinessresearch.wordpress.com/vienna-music-business-research-days-2/

 

The conference day on October 1 will be audio live-streamed here: http://www.mdw.ac.at/mdwMediathek/livestream/ and please follow us on Twitter and Facebook.

 

Tickets for passive participation of EUR 40.- are available on Ticketgarden: https://www.ticketgarden.com/en-at/tickets/vienna-music-business-research-days-2015/

The tickets are also valid to visit the Waves Music Conference that also take place at University of Music and Performing Arts Vienna on October 1, 2015.

 

Conference site & how to get there

Ticketing and conference accomodation

 

25
Sep
15

Introducing our guests: Christopher Widauer (Vienna State Opera)

Foto Christopher WidauerThe 6th Vienna Music Business Research Days 2015 focus on “Financing Music in the Digital Age”. International experts and academics discuss new and alternative revenue sources for the music scene such as music streaming for the classic music business, crowdfunding and business angel funding.

Christopher Widauer, Head of Digital Development at the Vienna State Opera, will participate in the discussion on “The Economic Relevance of Classical Music Streaming” in Joseph Haydn-Hall of the University of Music and Performing Arts Vienna from 10:15-11:15 on October 1, 2015.

Christopher Widauer studies and works at Department of Philosophy, Salzburg and was then an arts manager in Germany and Austria, e.g. at Schubertiade Hohenems and as director of Styriarte Festival in Graz with Nikolaus Harnoncourt. From 1988-1991, he Developed a ticketing software that was installed in venues such as Viennese Konzerthaus Vienna, Salzburg Festival or Elbphilharmonie Hamburg. In 1989, he founded a puppet theatre for contemporary literature and music, touring internationally and playing at important festivals such as Biennale di Venezia, Bregenz, Lucerne, Kiev, Seoul, Bangkok, or Paris. From 2010-2013, he was Head of Theatre Department for Vienna’s City Councillor of Cultural Affairs. Since 2013, he is Head of Digital Development at Vienna State Opera, by developing and implementing a live broadcast programme that was launched in fall 2013.

 

 

24
Sep
15

Introducing our guests: Christof Papousek (Cineplexx International GmbH)

Foto Christof PapousekThe 6th Vienna Music Business Research Days 2015 focus on “Financing Music in the Digital Age”. International experts and academics discuss new and alternative revenue sources for the music scene such as music streaming for the classic music business, crowdfunding and business angel funding.

Christof Papousek, CFO of the Cineplexx International GmbH, will be joining the discussion on “The Economic Relevance of Classical Music Streaming” in Joseph Haydn-Hall of the University of Music and Performing Arts Vienna from 10:15-11:15 on October 1, 2015.

Christof Papousek has a high school degree in technical engineering and made his master of business administration at Vienna University of economy and commerce. He is specialized in accountancy, tax law and revision. During his studies he worked already as audit assistant at KPMG where he joined as a consultant after his university degree. After a couple of years of consulting and auditing work, Christof Papousek joined Constantin-Film group of companies, where he reconstructed the financial department and company structure. In 2004 he became managing director and in 2008 he joined as entrepreneur and Co-share holder in the international cinema operation. He is also covering several functions in the Austrian chamber of commerce representing film & cinema industry.

 

 

23
Sep
15

Introducing our guests: Luke O’Shaughnessy (The Opera Platform, Brussels)

Foto Luke O’ShaughnessyThe 6th Vienna Music Business Research Days 2015 focus on “Financing Music in the Digital Age”. International experts and academics discuss new and alternative revenue sources for the music scene such as music streaming for the classic music business, crowdfunding and business angel funding.

Luke O’Shaughnessy, Secretary General of the Opéra de Dijon and Project Manager of The Opera Platform in Brussels will be one of the panelists in the discussion on “The Economic Relevance of Classical Music Streaming” in Joseph Haydn-Hall of the University of Music and Performing Arts Vienna from 10:15-11:15 on October 1, 2015.

Born and raised in London, Luke O’Shaughnessy started his career working as an administrator of several contemporary music festivals including Huddersfield Contemporary Music Festival in the North of England, the Almeida Opera Festival in London and Ars Musica in Brussels.  Between 2002 and 2008, Luke worked as Director of RESEO (European Network for Opera and Dance Education); during this period the network grew considerably and secured a number of grants from the European Commission (EC).  Based in France since 2009, Luke worked for four years as Secretary General of the Opéra de Dijon.  In parallel to work as a freelance consultant on international cooperation projects, Luke’s main activity is now as Project Manager of The Opera Platform, Opera Europa’s innovative project, funded by the EC’s Creative Europe programme, to bring live streams from 15 partners opera houses in 12 countries to audiences on the web.

 

 

18
Jul
15

Music Streaming Revisited – the Problem of Income Distribution

The Rethink Music initiative recently published a report on “Fair Music: Transparency and Money Flows in the Music Industry”. The report identifies barriers in the money flows to artist and states:”[O]nly a small proportion of the money beyond the initial recording advances ultimately makes its way to artists as ongoing revenue.” (Rethink Music, 2015: 3). Especially in the digitized recorded music business the revenue streams are often obscure and non-transparent. And if it comes to music streaming, artists are sceptical about the underlying business model. Based on the report’s finding, the revenue streams from music streaming and the structures behind the business are analysed.

Continue reading ‘Music Streaming Revisited – the Problem of Income Distribution’




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