Swedish collecting society STIM’s revenues grew 15% in 2019

STIM is the main collecting society in Sweden, and like many of its counterparts around the world, it enjoyed healthy growth in its royalty collections last year. According to its annual report, STIM’s revenues grew by 15% in 2019, to SEK 2.4bn (around $259m), with SEK 1.8bn paid out to songwriters and rightsholders. 38% of […]

Is Sweden a saturated music streaming market? Not just yet…

The question of when the Swedish music industry will plateau is a crucial one for the global industry, which looks to Spotify’s homeland for an indication as too how far streaming-led growth can go. Before Covid-19, at least, the signs were promising for Sweden’s continued growth: in 2019 recorded music income in Sweden grew 3.5% […]

Country Profile – Sweden 2020

The global music industry may be watching Sweden closely to see when the streaming pioneer will plateau, but the signs, pre-COVID anyway, indicates that Spotify’s home country still has potential for further growth. The post Country Profile – Sweden 2020 appeared first on Music Ally. Source: Music ally

Polaris survey reveals latest Nordics streaming stats

The Nordic region is one of the most mature territories for music streaming in the world. Now the Polaris Hub – the licensing hub formed by collecting societies in Denmark, Norway and Finland – has published its annual report on digital music in the region. “The number of inhabitants subscribing to a music streaming service has gone […]

SoundCloud Go+ subscription service launches in the Nordics

SoundCloud Go+, the streaming service’s subscription tier for listeners, has expanded into four new markets – Denmark, Finland, Norway and Sweden. They’ll now get access to its full catalogue of more than 200m tracks and DJ sets, with features including no ads, offline play and better audio quality. It’ll cost 99 kr a month in Denmark, €9.99 […]

Swedish startup Corite launches fan-funding platform for artists

PledgeMusic may have collapsed, but there are other fan-funding startups emerging in its wake. The latest is from Sweden and is called Corite, and it’s one of the growing number of platforms that aim to get fans to invest in songs, and get a share of royalties back in return. “A record label ruled by fans,” […]

Swedish data-protection authority launches Spotify GDPR investigation

There may be trouble brewing for Spotify in its home country, with the Swedish data-protection authority (Datainspektionen) launching a review of how Spotify handles requests for people to see what information it holds about them. “The authority has become aware that there may be some shortcomings in how the company handles registry extracts, including that […]

Country Profile – Sweden 2019

Streaming revenue in Sweden increased another 8% in 2018 to make up 90% of total music sales. The inevitable question is how long can the Swedish market – long an aspirational model to the global music industry – continue to grow? The post Country Profile – Sweden 2019 appeared first on Music Ally. Source: Music […]

Director, Sweden – The Orchard – Stockholm

The Orchard has an immediate opening for a Stockholm-based territory lead. The position will lead the local team and act as relationship, strategy, and contact for key labels in Sweden.  Driving efficient communication and best practices, setting and attaining goals, developing staff, and articulating and operationalising the company’s value proposition are critical to the candidate’s […]

Amuse to pay artists up to six months of royalties in advance

Amuse is the Swedish music company that’s part distributor – a platform for artists to upload their music to streaming and download services – and part record label, working more closely with talent that’s emerged from its distribution arm. Launched internationally in 2017, the model is similar to that of Kobalt’s AWAL with its combination of […]

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