David Fisch

“Music recording companies have been urging streaming services to raise their subscription prices for some time now, and over the past 18 months, they’ve succeeded, with most of the major DSPs hiking prices. Some in the music industry have hinted these price hikes – typically an increase of $1 per month for individual subscriptions – isn’t quite enough to keep up with inflation. But Sony Music Group Chairman Rob Stringer is setting his sights on another monetization goal: Getting the music streaming services to start charging for their ad-supported subscription tiers.” “The value of the paid music product remains incredible. And we appreciate that our partners recognized that with price increases over the past year. However, it also highlights that the price gap between free and paid has gotten wider in mature markets. We hope that our partners close that gap by asking consumers using ad-supported services to additionally pay a modest fee.” “Besides Sony’s take on ad-supported streaming services, here are five other things we learned from Rob Stringer’s presentation at Sony’s business segment meeting:” #Sony #SonyMusic #Spotify #AppleMusic #YouTubeMusic #Deezer #Streaming #Songwriters #StreamingRoyalties #Royalties #MusicTracks #MusicStreams #Music #MusicBusiness #Musica #MusicIndustry #Musique #Musik #MusicBiz #DSPs #StreamingServices #StreamingMedia

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Another big licensing deal in podcasting! In addition to selling the audio podcast inventory, Amazon will distribute video episodes and translate them for global distribution. These types of deals show how effective podcasting can be in proving IP. Once you have a hit, you need to figure out your 360-degree strategy for global audiences, live events, merchandise, etc. Q3 just started, and we'll still see a couple more of these before the end of the year, as predicted in the DWNLOAD Media Report. https://lnkd.in/efJVZXEE

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