Monday, May 22, 2017

The Music Industry and Big Data


In a world where everywhere you go you are surrounded by music, it’s no question that the Big Data must play some sort of role. Whether you listen to Spotify or Pandora at work or in the car, or Shazamming a song when you’re in a store, the songs downloaded or searched online is plays a part in affecting what songs are marketed, sold, and even become popular.

The Charts
Think of that really annoying song on the radio. You flip through a few different stations and they’re all playing the same song. Who decides which songs become popular or would fit into the playlist Pandora had compiled for you? Big data and data science play a big role in this. Businesses are increasingly turning to analytics and big data to help access the information of which artists might be easier for record companies to market. One chart in particular that gauges the exposure of a recording is the Billboard Hot 100.


Pandora
The Musical Genome, the algorithm behind Pandora, sifts through 450 pieces of information about the sound of a recording. For example, a song might feature the drums as being one of the loudest components of the sound, compared to other features of the recording” (theconversation.com). Pandora uses the information they collect to help listeners find music that is comparable in sound to what they have liked to listen to in the past.

Shazam
The data in which Shazam uses comes from which percentage of songs in a certain genre are the most popular. The way the app works is by the user hearing a song and putting their phone towards the speaker. The app takes a characteristic from the audio and lists the artist, title and album. “The listening habits of Shazam’s 120 million active users can be viewed in real time, by geographic location. The music industry now can learn how many people, when they heard a particular song, wanted to know the name of the singer and artist. It gives real-time data that can shape decisions about how – and to whom – songs are marketed, using the preferences of the listeners” (theconversation.com).

Spotify
Spotify is a company driven by data, in the sense that data is used in nearly every part of the business. Because Spotify’s “discovery” page looks similar to something one would see on Pinterest, it has drastically proven positive user feedback. The recommendations featured go through algorithms to make sure content provided is what the consumer would be interested in hearing. Back in 2013, Spotify used their data to predict the Grammy Award winners. “Spotify did this by breaking down its users’ listening habit, taking into account song and album streaming, to determine the popularity of the music. In the end, 4 out of the 6 predictions made by Spotify turned out correctly” (datafloq.com).

The more data that a company uses to help give consumers recommendations and even better predictions, the more payouts there will be to the rights holders in the music industry. Spotify specifically was able to change the music industry through their tremendous attention to detail in big data. When you think about it, it is truly incredible how accurate the algorithms are in selecting music to your taste. Personally, I rely a lot on preselected playlists conjured by Spotify than creating my own. Through this I am also introduced to new music that I would have never discovered. Thousands of current artists have become ‘mainstream’ because of the playlists Pandora, Spotify, or Shazam created.

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1 comment:

  1. It is a great feeling for consumers when there are unlimited choices and it is important for companies to fulfill their customers need to stay relevant, Big data plays a role both ways by getting an understanding of needs and strategies developed to satisfy these needs

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