The music industry is changing in significant ways. Streaming services like Spotify and Pandora have revolutionized the way people enjoy music, but now a company called Mp3 Juice is poised to change it even more. Here are 12 signs that a Mp3 Juice Music Revolution may be coming soon:
100% of their royalties
The great thing about it is that artists can earn 100% of their royalties from mp3 to download sales and promote content through advertising or other opportunities. New customers are also given a free trial, which enables them to test out the service before committing any money.
Mp3 juice is vastly cheaper than Spotify at $14 per month for unlimited downloads on mobile devices only as opposed to Spotify’s $120 annual subscription fee. The company provides custom pricing points depending on how much an artist wants to charge for an album, albums cost anywhere between $0.99 and 14.98 dollars with singles costing 99 cents (plus VAT) each. All in all, Mp3 Juice is a great choice for those who like to make their own playlists on-the-go without breaking the bank.
Thinking of it as a product, Mp3 Juice’s pricing is very competitive when compared to competitors like Spotify or Pandora. The service has been gaining traction in countries all over Europe and Asia with its latest offices being opened up in Brazil and China respectively.
Mp3 juice was founded by veteran singer-songwriter David Musker along with his son Daniel who are both musicians themselves so they know what artists need most out of their digital distributors. With no initial investment from record companies, mp ng juice can offer royalties that are higher than any other company because there’s not an upfront fee; this means more money for you!
It has partnered with more than 60,000 independent labels in the US to distribute their content. In other words, Mp3 Juice’s platform is a one stop shop for all your digital needs.
- Artists turn to crowdfunding sites like Kickstarter for funding.
- The number of Twitter followers an artist has becomes more important than radio play or album sales.
- Record labels invest in early stage startups instead of just signing contracts with established companies. Labels start investing in streaming services such as Spotify rather than fighting it ,Digital download revenues tumble from $US25 billion in 2013 to less than $US20 billion by 2015
- Streaming revenue reaches $US15 billion by 2015
- Record labels start to release music as both digital downloads and streaming services
- Artists are more likely to post an unfinished track on Soundcloud than they were before so it can be downloaded for free or streamed from their website
- Fan interaction is the new priority. This includes giving away merchandise, albums, tickets etc., in order to encourage fans to stay involved with artists during down periods (instead of abandoning them)
- Labels have started investing in emerging markets such as India and China where consumers spend upwards of 50% of their income on entertainment media instead of just North America and Western Europe. These emerging markets account for about 20% of all global album sales.
The music industry has been in flux for years, and it seems like the latest revolution is just around the corner. Whether you’re a musician or someone who loves to listen to new albums on repeat, there are some signs that an mp3 juice music revolution might be coming soon. We all know how much streaming services have changed how we consume our favorite tunes; but will they bring about another change? Keep your eyes peeled as this exciting time unfolds!