Apple Music now has 56 million subscribers, according to a new report. That’s up 6 million since April, when CEO Tim Cook announced a 50 million milestone. Spotify, which has an estimated 90 million paid users, is adding subscribers at almost twice Apple’s rate. Apple’s past and current stats include…
Category archives: Digital Music
Apple Music To Grow To 164M Users As iTunes Crashes [Morgan Stanley]
Apple Music will continue its growth trajectory, according analysts at Morgan Stanley. Over the next five years, Apple Music’s 5% market penetration will expand to 14%of a growing user base of Apple’s products, driving a 28% revenue growth. Apple Music is predicted to grow to 164 million users by 2023….
How Analytics Make All The Difference In A&R, Marketing
In this piece Chaz Jenkins explains why implementing a broader approach to analytics is key to an effective marketing strategy, and why only looking at past data simply doesn’t provide enough information. ____________________________ Guest post by Chaz Jenkins of ChartMetric On my first day in a new role a few…
Spotify, Apple, Amazon Urged To Label Indie Music [Petition]
With almost almost 30% market share overall, independent music is a music industry force to be reckoned with. But that share falls to below 20% on the major streaming services. In a effort to rectify the inequity, digital distributor Record Union is leading a campaign urge Spotify. Apple Music, Amazon…
Music Piracy: No Longer In The Headlines, Still A Headache
While the rise of streaming and the music industry’s at least partial financial recovery have sidelined music piracy as a topic of major concern, the illegal acquisition of music online continues to be an ever-present issue. ___________________________ Guest post by William Glanz of SoundExchange The growth of music streaming and…
Artists Gaining Fake Spotify Plays From Unexpected Source
Artists have been finding ways to game the system since the digital age began, often in the form of purchasing likes or subscriptions, but streaming isn’t immune either. Here we look at the tactics employed by some artists to dramatically boost their streaming numbers. ______________________________ Guest post by Bobby Owsinski…
Millennials Are Changing The Music Industry: Here’s How
Millennials are thirsty for music and are constantly immersing themselves in at every opportunity, to the point where it is fundamentally altering the music industry, impacting both traditional retail sales of music and digital streaming. __________________ In this latest post from MusicThinkTank, Daniel Matthews explores the dramatic effect which millennials…
Did Chart Topper Kris Wu Just Game iTunes?
Kris Wu, a Chinese-Canadian actor, singer and former member of EXO, topped the iTunes song chart on Monday. For almost 24 hours, Wu had all 5 tracks in the Top 5 with the exception of Ariana Grande’s just released single “Thank U, Next." But Wu’s success appeared under some unusual…
Did Chart Topper Kris Wu Just Game iTunes?
Kris Wu, a Chinese-Canadian actor, singer and former member of EXO, topped the iTunes song chart on Monday. For almost 24 hours, Wu had all 5 tracks in the Top 5 with the exception of Ariana Grande’s just released single “Thank U, Next." But Wu’s success appeared under some unusual…
Spotify Stock Bounces Off Bottom, Analysts Stay Bullish
Spotify [SPOT] stock ticked upward Tuesday, after days of downward trading that saw the streamer hit an all time low. SPOT stock ended the day at $141.68 up 1.85%. It was up another 1.21% in pre-market trading on Wednesday, trading at $143.40. On Monday, Spotify stock fell 4.88% to close…