If WARM were an artist, they’d be Ariana Grande: a dominating presence for radio. Spotify. Pandora might not be as popular as Spotify, but there are plenty of listeners who rely on its … If Nielsen were an artist, they’d be Taylor Swift: an enduring industry titan working with the biggest companies in the business. This is where other companies like Snafu Records are leveraging the same "big data mindset" that has already been adopted by other industries, spotting trends far in advance. Today, Next Big Sound is still accessible to all, but its only music data source is Pandora itself, which doesn’t mean that the platform is any less insightful or informative for artists, fans, and everyone else interested in music data analytics. Because the field of music analytics is still very young, this is by no means an exhaustive list, and could already be expanded to include Republic Records’ Whale Report or a number of other analytics-related startups from Musiio to ROSTR. That means that a couple hours of streaming music … SoundCloud. It’s no wonder, then, that Spotify acquired the company in 2014 for somewhere between $50 million and $100 million. ugfaqs. If data and analytics are new to you, then you’ll definitely want to start with the Platform-Owned Tools listed below. "Around 70% of music consumption in the world today is owned between three major companies," says Desai. In their study, Middlebrook and Sheik used the Spotify Web API to collect data for 1.8 million songs, which included features such as a song's tempo, key, valence, etc. Subscribe to have future insights delivered to your inbox when we publish, discover more insights@chartmetric.com, or share your insights on our socials. 0 Likes Reply. In this piece from Chartmetric, they break down the music analytics names you need need to know in order to help understand your place in the music industry market. You only use the data once, and you can replay the song indefinitely. Alpha Data now claims to aggregate data from retailers, record stores, radio stations, and music venues, in addition to tracking 5 billion streams daily from more than 50 music platforms, and their access and pricing is geared toward a market similar to Nielsen’s. Visit our guide to Music Analytics for Today’s Music Industry here. How Many Spotify Streams Are Necessary To Live Above The Poverty Line? Let’s now turn to some more accessible tools for music data analytics, which are available to anyone willing and able to pay for a subscription, though some have limited free tiers as well. They then also collected approximately 30 years worth of data from the Billboard Hot 100 chart. Then, if you want to listen to it, you can simply access it from your device’s memory. Both companies were acquired by Apple in 2018, making access to their data sources and features virtually impossible outside of Apple. Record labels have begun a significant pivot by betting on artists that have proven themselves in the public domain. Though many subscription-based music data analytics tools are primarily focused on streaming and social media, WARM is unique in that it tracks global radio data. But if you’re looking for more advanced insights and a more diverse dataset, then there are a number of different tools to consider, depending on your music business focus. Instrumental is similar to Sodatone insofar as it doubles down on leveraging data science and machine learning for A&R scouting and discovery. If Revelator were an artist, they’d be Jay-Z: not a businessman but a business, man. Instead, artist investment is. At 160kbps, data use climbs to about 70MB in an hour, or 0.07GB. Guest post by Rutger Ansley Rosenborg, and Jason Joven of Chartmetric. To prevent you from going over your monthly data allotment, the YouTube Music app has added a toggle switch to stream via Wi-Fi only. According to Billboard, Atlantic Records was making decisions on which artists to sign based on consumer research by the early 1990s, with Hootie & The Blowfish being one of those data-driven picks. For a daily or weekly check-up on charts across the digital music landscape, Kworb offers a quick, holistic view that’s fruitful to add to any music industry professional’s routine. If Sodatone were an artist, they’d be Lizzo: a breakout success now working closely with major label Warner Music Group. if your using spotify or Pandora it can use a lot of data if your not careful about how you stream. var F14249_sb_wait=setInterval(F14249_sb_wait_fn,100); Start your FREE subscription to Hypebot today. While other data service providers offer surface level data, Ei plugs directly into the top digital platforms to go deep into listener trends and behaviours.” In other words, Entertainment Intelligence, like Nielsen and Alpha Data, has stream count data. Big data has gone from being associated with industries like healthcare, IT and security, and tech as standard use cases to influencing the world of entertainment. According to Music Business Worldwide, “Sodatone’s tech combines streaming, social, and touring data with machine learning to identify the unsigned talent that it believes has the best chance of future success.” In other words, Warner bought this particular analytics tool in large part because of its advanced A&R scouting capabilities, making it a proprietary platform for the major label to track its own artists and discover new ones. To stream 1GB of data, you’d need to stream for 24 to 25 hours. If Songstats were an artist, they’d be David Guetta: a fresh face with a wealth of electronic music experience in the bank. I have FM Radio on my phone (I have an Android) and it doesn’t use any data. Upload music to the cloud: To upload music to the cloud, you can use Music Manager or Google Play Music for Chrome. “I swear by Hypebot every morning over breakfast.”, “Hypebot is the most focused music business centric resource we have.”, One Little Indian, Downtown Marketing & KCRW-FM, the company’s late 2019 acquisition by Valence, tracking 5 billion streams daily from more than 50 music platforms, enterprise tool priced according to a company’s particular needs, Songstats is a newcomer to the music data analytics space, explore Chartmetric features and pricing here, announced the launch of its OrchardGo mobile app, Instrumental How To Understand and Use Music Data Analytics Tools Music - Instrumental Music. Much like The Echo Nest, music recognition specialist ACRCloud is more for bigger music companies to do track analytics with. Pricing is dependent upon client needs, ranging from a tailor-made Dynamic Watchlist of artists that includes Instrumental’s proprietary Ix (Popularity) and Gx (Growth) Scores, Enterprise Solutions that effectively outsource A&R to Instrumental’s data-driven team, and API access that provides companies with the ability to pull all of Instrumental’s data into their own platforms.