Digital distributor Kudos has praised Spotify, while admitting that currently its “revenue income per stream is indeed tiny, coming in at meagre fractions of pennies”. However, founder Danny Ryan says that the important thing is gross revenues, which already make Spotify one of Kudos’ top digital accounts, up 124% between June and September last year. “We need to re-frame how we evaluate these new streaming services,” he writes. “We seem to be still stuck in a per unit mindset, whereas in the digital world, where there are no fixed costs per unit, it’s all about gross turnover.” However, he admits some of Kudos’ label customers aren’t yet convinced, and have asked him to withdraw their content from streaming services, or hold it back well beyond the official release – a policy he describes as “misguided”. Source: Music Ally Blog

EarPods and phone

Tools: platforms to help you reach new audiences

Tools: Kaiber

In the year or so since its launch, AI startup Kaiber has been making waves,…

Read all Tools >>

Leave a comment

Your email address will not be published. Required fields are marked *