What went wrong at the once most popular online music streaming service? What did Pandora miss? And is there a chance for a comeback?
“We want a music platform to exist where the playing field is level, where artists are compensated fairly and transparently, and where fans can both stream and own their music collections.” -Ethan Diamond, Bandcamp founder and CEO. (1)
Music’s digital revolution has not only transformed the way we consume, but also paved the way for new business models to develop on the back-end.
There is more science to creating a musician’s career that meets the eye, and Next Big Sound has been cracking the code for the past ten years.
Spotify uses listener data to predict, test, and create hit songs. &amp;quot;By the time a song lands on Todays Top Hits or other equally popular sets, Spotify has so relentlessly tested it that it almost cant fail.
PledgeMusic, a direct-to-fan funding platform for music artists, hopes to create a closer connection between musicians and fans by providing unique experiences in exchange for pledging to artist campaigns.
Tidal, never understanding its late market entrant position, never understood the market dynamics of the streaming music service well enough capture share.
WaveVR has created a compelling app to experience live music in a virtual world.
How Soundcloud brought together the long tail of musicians and a global audience to create a vibrant online community.
This is the story of Tradiio, a music startup that launched as a crowdsourced virtual stock market for emerging artists and later pivoted to become a direct-to-fan crowdfunding platform.