Technology juggernauts Microsoft Corp. and Samsung Electronics Co. on Monday outlined their distinct approaches into content as both step gingerly into the entertainment business. Microsoft, which recently hired former CBS Network Television Entertainment Group’s Nancy Tellem to run its newly opened L.A. production studios in Santa Monica, Calif., said viewers will start to see original content from those studios this year.
Looking to extend the Grammy experience beyond Sunday’s extravaganza awards show, the Recording Academy on Friday announced it has tapped Mike Shinoda of Linkin Park to spearhead a promotional campaign aimed at running through South By Southwest and beyond.
Social media has infiltrated the music industry and become a part of the business, relinquishing its status as digital rebel without a cause. That’s not to say that social media has been domesticated for marketing purposes. If anything, social media tools continue to morph in unpredictable, and sometimes challenging ways, according to a panel representing artists, producers, marketers and technologists hosted by the Recording Academy as part of Grammy Week.
iTunes continues to be a dominant distribution channel for music, accounting for 69% of digital music sales in the U.S. last year, according to estimates from the NPD Group. For all retail sales, including physical formats such as CDs and vinyl, iTunes has a 29% share, outselling retail giants such as Walmart and Target.
Spotify chief executive Daniel Ek on Tuesday said his company expects to pay rights holders to the tune of half-a-billion dollars in 2013. Ek, speaking at a technology and media event hosted by the Founders Forum in Los Angeles, said the amount Spotify is projected to pay artists, labels, publishers and other rights holders this year is equivalent to the total amount that the company had paid out since it launched its on-demand music streaming service in 2008.