Click here to receive the Morning Social Media Newsfeed via email.
Spotify to Musicians: Don’t Hate on Us (Reuters)
Spotify is renewing its effort to win over skeptical critics and artists into believing that it has a viable long-term business model. The company unveiled its new Spotify Artists website Tuesday to explain “how Spotify works, how we pay artists and where we fit into the industry.” The Wall Street Journal/Digits Spotify revealed that each time a user listens for a song, rights holders are paid between $0.006 and $0.0084. Over the course of 2013, the company says it will have paid $500 million in royalties, representing half of the $1 billion Spotify sent to rights holders since setting up shop in 2008. ars technica The report comes as a response to individual artists reporting the money they’ve earned from the service, which often appears to be piddling and is almost always reported as “per stream.” Musician Zoe Keating revealed in August that she earned $808 from 201,412 streams of her two albums on Spotify, a return of 0.4 cents per play, during the first six months of 2013. Fast Company With any format change in music — CD and iTunes included — there’s a lot of confusion around how these different models work, and quite often some serious scepticism,” Mark Williamson, in charge of artist services at Spotify, tells The Guardian. “We understand that’s out there, so we want to be as clear and transparent as we possibly can explaining how Spotify fits in.” CNET Over time, Spotify plans to share more details on its business with the music community. It’s not clear how often the site will be updated, but there are several topics already available on the site, including information on how Spotify works and best practices for participating artists.
How the Visual Web is Changing Holiday Shopping (ReadWrite)
Online holiday shopping begins long before Cyber Monday — and that’s all thanks to the visual web. Since image-based networks like Polyvore and Pinterest focus on things, not social connections, potential gifts pop up on user feeds all year long.
Twitter Chooses the TIME Person of the Year — or Does it? (SocialTimes)
TIME magazine has partnered with Twitter to allow readers to vote for the 2013 Person Of The Year using the #TIMEPOY hashtag. Voting is open until Dec. 4. The question is, what’s the point when the ultimate decision lies with TIME, and they’ve dismissed reader votes before?
NORAD Teams Up with Internet Explorer to Release Mobile-Ready Santa Tracker (The Verge)
After switching its Santa-stalking efforts from Google over to Bing last year, the Northern American Aerospace Defense Command is now doubling down on its partnership with Microsoft with its latest tracking utility. Those who visit the NORAD Tracks Santa website on their tablets will now be treated to a fully touch-enabled experienced decked out with games, Santa-themed trivia, and Christmas carols, along with updates on where in the world Santa might be on his Yuletide journey.
Why Demanding Facebook Passwords from Employers, Applicants is Now Illegal in New Jersey (AllFacebook)
Add New Jersey to the list of states where employers demanding passwords to Facebook and other online services from employees or applicants is now illegal, as a law took effect Sunday in the Garden State, The Record reported. According to The Record, the new law does not cover social media accounts used for business purposes, and employers can still access all information that has been made public, as well as investigate harmful actions on social media sites, such as sharing confidential company information or harassment.
Another Big Day for Twitter Partners as DataSift Raises $42 Million (Mashable)
Tuesday was another big day for companies selling Twitter’s data. Datasift, a social analytics company with access to Twitter’s full firehose, announced on Tuesday a $42 million Series C funding round. DataSift has raised more than $70 million total, most of it since a $6 million Series A round back in 2011.
‘Mob City’ First TV Show to Be Broadcast Line-By-Line, Tweet-By-Tweet (In Advance) On Twitter (AllTwitter)
In yet another example of Twitter’s growing relationship with mainstream television (and vice versa), the screenplay for Mob City, a gangster noir TV show created by The Walking Dead‘s Frank Darabont for TNT, is being broadcast line-by-line, and tweet-by-tweet, on Twitter. The first episode airs today, and you can head on over to @MobCityTNT to catch the script in its entirety, albeit in tweet-sized chunks.
BuzzFeed Said to Expect 2014 Sales of Up to $120 Million (Bloomberg)
BuzzFeed, the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials. The sales level will depend on how many advertising deals are booked next year, said one of the people, who asked not to be identified because the numbers are private.
Twitter Media Gets a Facelift (LostRemote)
Twitter’s media site has relaunched, featuring a new television section. The new homepage has an eight-box grid of topics to choose from, ranging from television to “the basics.”