“The integrity of this is incredibly important to us because an illegitimate stream means there are honest, hard-working artists on the other side that are impacted. “We put significant engineering resources and research into detecting, mitigating, and removing artificial streaming activity on Spotify so that nothing stands in the way of our mission of giving artists the opportunity to live off their art, and so that rights holders are paid as fairly as possible for their work,” wrote Spotify. Wallace says that his own clients only used “legitimate third party advertising and promotional services as opposed to ‘bots’ or other artificial means of generating increased streams.” Spotify encourages any artists who believe that their streams were earned authentically to contact their distributor or label who will contact the streamer to resolve the issue. “Any service that claims to offer guaranteed placement on playlists on Spotify in exchange for money are in violation of our terms & conditions, and they shouldn’t be used.” A source close to the situation said that this latest purge was in “the low ten thousands.” The source also disputed Wallace’s assertion that Spotify had singled out independent artists or DistroKid. Spotify regularly purges what that they detect as inflated streams by reducing the stream count or pulling that product off the service entirely. “It appears no major label artists have been affected nor has any major label music been taken down as part of this purge.” “Upon information and belief, some 750,000 songs were removed, the vast majority of which appear to have used Distrokid for distribution,” wrote Collins. He is the Founder and President of the Skyline Artists Agency and a professor for the Berklee College Of Music.Music industry attorney Wallace Collins wrote in a blog post that the number of tracks purged by Spotify on January 1st could exceed 750,000. Podcast share of overall consumption hours on our platform also reached an all-time high during the quarter.īruce Houghton is Founder and Editor of Hypebot and MusicThinkTank and serves as a Senior Advisor to Bandsintown which acquired both publications in 2019. Among MAUs that engaged with podcasts in Q3, consumption trends remained strong (up 20% Y/Y on a per user basis) while month-over-month retention rates continued to trend positively. Podcast MAU continued to increase, accelerating relative to Q2 trends.Excluding the impact of FX, we saw a benefit to ARPU primarily from our price increases. ARPU of €4.34 was up 4% Y/Y (or up 3% Y/Y constant currency vs.Gross Margin finished at 26.7%, above the top end of our guidance range and reflecting nearly 200 bps of Y/Y expansion.Revenue grew 27% Y/Y to €2,501 million and was at the top end of our guidance range due to significant strength in advertising revenue, which meaningfully outperformed, growing 75% Y/Y to €323 million.We saw improved momentum across the 86 markets launched earlier this year, with outperformance led by South Korea, Bangladesh, and Pakistan.
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