This slide deck explains the streaming landscape to Caribbean Nationals and introduces a new niche streaming solution called Chune which will assist the Caribbean with using more local content and making Caribbean music easier to discover for locals and internationals.
4. Content Creators vs Consumer / Streaming
RIAA chairman Cary Sherman said “streaming music’s continued growth shows that music remains in
high demand, but streamers need to consider whether the rates they pay artists are equitable” - Digital
Trends
Artists making pennies on the dollar in the new music landscape
Taylor Swift - Artists should be able to control who can listen to their music on streaming platforms. In
the case of the album 1989 she wanted American paying subscribers only to be able to listen to the
album and those outside the US can listen for free.
5. Content Creators vs Consumer / Streaming
No major streaming platform has been profitable to date
6. Content Creators vs Consumer / Streaming
Even without one of the biggest albums Spotify still has the most paying subscribers (20M) and still
holds the fastest growth. Next to Youtube of course :’) but Youtube is completely free.
7. Despite these views from the music industry...there is
tremendous value to these platforms
8. Despite these views from the music industry...there is
tremendous value to these platforms
● Subscription revenue climbed 39% in 2014 - Fast Company
● Ad Supported Music Streaming makes up 56% of US Streaming Revenue in 2014 - Music
Industry Blog
● Streaming services generated a third of all music revenue in first half of 2015 - Digital Trends
10. Spain, Italy and France all experienced growth in
streaming revenue.
36% rise in streaming - 22% rise in digital revenue.
22% of revenue from streaming - 16% from downloads.
34% gain in streaming revenue.
11. Sweden, Norway, Japan the meccas of streaming.
79% of revenue from streaming.
75% of revenue from streaming.
13. Pros and Cons of Streaming for T&T Artists
● Availability of music
● Listener empowerment
● Discovery
● Analytics
● Limit Piracy
● Social Network
Pros Cons
Very small fish in a big pond (need huge Fan
Base)
Lacking similarities
Being marketed by persons unfamiliar with
our culture.
How can we then solve this problem???
16. Solution
Chune is a platform created to
become a hub for all Caribbean
artists (Vocalists, Musicians,
Producers and Djs) where their
musical creations can be
standardized, easily discovered,
heard, distributed and monetized.