Categories
Music Tech

Amuse.io – Do They Pay Musicians / Artists More Money Than Competitors?

The short answer is = NO.

Amuse claim that they pay artists / musicians more money than their competitors – but this is a completely FALSE claim.

The major record labels and the lead music distributors all have the same revenue share with Spotify, Apple Music and other DSPs. There is NO way that a small distributor such as Amuse would have a higher revenue share than the major record labels!

It’s getting a little bit tired that there are a lot of companies out there making completely false claims knowing they can’t be challenged.

Categories
Business

Amuse Fast Forward Charges Artists 12% Interest on Their “Advances” / Loans

Amuse announced the other day that they were expanding their Fast Forward program – which allows artists to have an advance on their royalties of between $250 and $300,000 (MA).

However, all these “news outlets” forgot to mention that Amuse will be charging artists 12% interest on the loans they provide as advances on their royalties.

12%!

I’m struggling to understand why any artist in the world would consider this a good idea!

This also goes against the artist first idea of Amuse. It’s not artist first in any way!

Categories
Business Tech

Amuse.io Music – Release Financial Figures for 2019 – $9.5m Revenue – $10.9m Loss!

Amuse.io is a new music upstart that has been getting a lot of press of late. Amuse.io has just released their official 2019 financials and it’s very interesting reading.

Revenues = $9.5 million USD

Profit / Loss = $10.9 million USD Loss

Staff = 49 staff

Cash Liquidity = 208%

This basically means that Amuse will need to raise another round of Venture Capital within the remainder of 2020 or start of 2021 to be able to survive.

Source – https://www.merinfo.se/foretag/Amuseio-AB-5590367016/2kgcyso-1hslk

Categories
Tech

Can I upload music to Spotify without having a record label?

Yes of course. Take a look at RouteNote.

RouteNote has a FREE option for all artists and labels. Any artist or label in the world is able to upload their music to the worlds largest music streaming services and download stores with no upfront costs.

Categories
Tech

Is Spotify Trying to Takeover the Podcast Market?

Yes.

Spotify has very quickly become the largest player in the world for Podcasts. Spotify has been signing exclusive deals with Podcasters, buying studios and also the world’s largest distribution service specifically for Podcasts.

Spotify wants to own the audio spectrum – music, podcasts, etc (I’m sure audiobooks are next).

Categories
Tech

How much does SoundCloud Pay for 100k Plays?

Soundcloud and other music streaming services dont pay per play. The payment model is based on a pro-rata model, which means it has a huge number of factors such as country, type of account, marketshare and many more.

From 100k plays on Soundcloud you can possibly expect to make around $100 at best. But that is also if all those plays are monetizable plays.

Categories
Tech

Is Google Play Music Closing Down?

Yes.

Google Music is scheduled to close down later this year around (September or October). Google Music has been an outstanding product, but it seems as though it hasn’t got as much traction as they wanted and they are merging it with YouTube Music and will put all their efforts behind the YouTube Music initiative.

Categories
Tech

Is it Free to Upload to Spotify?

Yes. RouteNote is completely free and allows any artists from anywhere in the world to upload as much music as they want to the worlds largest stores and streaming services.

  • Free to uploading unlimited to music to the worlds largest stores and streaming services
  • YouTube Content ID, Facebook Content ID and Instagram included
  • YouTube Networks
  • Distribution in China and other emerging markets.