From all available statistics, facts and figures no other Nigerian musical artiste, male or female, was able to pull off what the quartet of Davido, Wizkid, Burna Boy and Olamide pulled off in 2020. The duopoly of Davido and Wizkid, which has been going on for years was questioned most especially by Burna Boy and the new face on the international scene, Olamide. Each one of them released an amazing album and it was a staggering success story on all streaming platforms. The figures showed Nigerian music has arrived on the international stage. Particularly of interest is Olamide, whose music has not really been able to cross the continent to the international stage. Well, thanks to his international connection, which has given wings to fly over the Atlantic. For Burna Boy, his fortunes have ...
It’s been two years and counting since we last got a proper album from Death Grips, but today’s surprise drop should keep fans preoccupied in the meantime. The group’s experimental EP Gmail and the Restraining Orders and one-off single “More Than the Fairy” have finally been added to streaming platforms like Spotify and Apple. Gmail and the Restraining Orders is a 30-minute collection of noise rock that was played prior to Death Grips’ live shows in 2015. The project was then featured in Warp Records’ WXAXRXP radio festival in 2019, before subsequently being released onto YouTube. As for “More Than the Fairy”, this track was initially put out on YouTube in 2016. It notably features bass from special (and very unexpected) guest Les Claypool of Primus. The collaboration is consider...
It’s become crystal clear this year that without touring revenue, many musicians have little hope of making a living. Streaming royalties are a pittance, and musicians have had to turn to new creative ways to stay afloat. Some sell exclusive vinyl, cassettes, and other merchandise on Bandcamp. Others have turned to the subscription service, Patreon, where fans can pay their favorite creators for access to exclusive content like B-Sides, live sessions, podcasts, and more. But their qualms seem to have fallen on deaf ears at Spotify. All year, the company and its CEO Daniel Ek, have been callous, if not downright contemptuous, towards artists that are trying to eke out a living. Complaints about Spotify revenue have been floating around for years now. Even in 2013, Radiohead’s frontman Thom ...
Since our beginning as a humble, festival-focused music publication, Consequence has always been a go-to source for the best in new music and rising artists. While we’ve grown over the years into a full-blown pop culture destination, music is still at the core of everything we do. That’s why we’ve launched two fresh, continually updating Spotify playlists to keep you up-to-date on all the latest tracks. First is Top Songs, where we’ll collect all our favorites from our ongoing Top Song of the Week feature. Each week, we’ll spotlight our pick for the best track of the week along with a handful of “runners-up.” We’ll spotlight them in our recurring feature, and then gather them all together for your listening pleasure on Spotify. Then to help expand your listening horizons, New Sounds functi...
Spotify’s share price was already in retreat, dropping 12.5% from an all-time high of $370.95 reached on Wednesday (Jan. 13), however. Some experts would argue it’s still too high. The 25 analysts covering Spotify have a median price target of $298.53 with a high of $425.90 and a low of $141.30, according to Refinitiv. Key Takeaways: 1) The three leading audio streaming companies — Spotify, Apple and Amazon — are pushing hard into podcasts. If turning a music service into an all-around audio service attracts subscribers and reduces churn, record labels and publishers will benefit.2) Regardless of how its podcasts perform in the next year or two, Spotify has the resources to see its strategy through. It had €1.18 billion ($1.43 billion) on its balance sheet on Sept. 30, 2020, en...
What recession? The leader in the fast-growing music streaming market, Spotify reached an all-time high of $354.60 on the New York Stock Exchange on Friday, and closed at $353.48, up 7% from Thursday’s closing price and up 12.2% for the week. At Friday’s high, Spotify’s enterprise value rose to roughly $66.1 billion. Why the investor enthusiasm? An obvious factor is Bank of America Merrill Lynch analyst Jessica Reif Ehrlich’s price target hike from $357 to $428 on Wednesday. But a number of factors have had investors excited about the stock over the past year: It is the leader in music streaming and is aggressively expanding its podcast business, most notably with the strong — although controversial — launch for the Joe Rogan Experience podcast. Plus, limited pricing experiment...
Popular white noise “artists” on Spotify such as White Noise Baby Sleep and Smart Baby Lullaby have cracked the code on the elusive of concept of making money from streaming. And they’re hardly doing any work for it at all. White noise soundscapes are “truly brainless to produce,” said an anonymous former sound designer for UK-based company Ameritz in a statement to OneZero. The sound designer chose to remain anonymous to avoid potential repercussions of revealing this trick, but claimed he’d spent countless hours recording white noise such as computer and desk fans. Those recordings turn into the white noise tracks released on Spotify via a myriad of virtually anonymous sources, but many are tied to a shell “record label” ...
Underground artists and producers have found somewhat of a loophole that allows them to post their unofficial works to Spotify. Rather than following the normal uploading process—which has many measures in place to detect copyright infringement and derivative works—users are now taking their bootlegs to Spotify’s Podcasts feature. While YouTube and SoundCloud are rife with bootleg remixes and mashups by bedroom producers, Spotify has always been strict about uploading unofficial content to the platform. Unofficial mashups, remixes and bootlegs have now started to slide under the radar via Spotify’s Podcast feature. With the Podcasts loophole—and some clever keyword nomenclature for the unofficial works, such as “chopped and screwed” or “slowed and r...
You may think you know the best new tracks and artists, but you don’t, according to a new artificial intelligence bot that roasts your taste in music. The program, developed by digital publication The Pudding, is essentially the de facto nemesis of Spotify’s “Wrapped” programming. Once you log in, the sassy AI bot crawls your Spotify listening habits and goes on to trash them in an absolutely hysterical manner. Apparently I listen to plenty of EDM—and Louis The Child—something that the bot found cringey. The bot then invited me to play a classic game of “fuck, marry, kill,” coaxing me into a siren song that eventually led to my picks being shredded. It eventually went in for the kill with this jab, which called my taste in music “nice-guys-fi...