BeatStars has paid out more than $50 million to the producers who license and sell their work on the marketplace, the startup announced today. The site boasts has more than 340,000 active sellers, and its tracks have been used on a number of major hits, including Lil Nas X "Old…
Category archives: Apple Music
Siri To Control Spotify, Pandora, Other Streaming Apps
Apple has included Siri support for Spotify, Pandora and other third-party music and media apps in the upcoming iOS 13. A new developer tool, SiriKit for Audio, now makes it possible for iOS audio app developers to integrate Siri’s search and play feature. Apple currently puts severe limits on Siri’s…
Revenue Per User To Fall 25% Even As Streaming Grows In Popularity says Goldman Sachs Study
The global recorded music business brought in $19.1 billion in revenue in 2018, according the IFPI. By 2030, that number will grow to $45 billion, with streaming expected to represent $27.5 billion of the total, according to a new Goldman Sachs analysis. The total number of paid music-streaming subscriptions worldwide…
REWIND: The New Music Industry’s Week In Review
In this rummage back through a stack of music industry news stories from the past week, we revisit a rapper who spent $4 million on a company card to boost his career, the Justice Deptartments review of ASCAP, BMI consent decrees, some of music streaming’s dark horse ‘trigger cities’ and…
TOP POSTS: This Week’s Most Read Posts On Hypebot
Some of the most popular articles from the pages of Hypebot this week included an interview with Merck Mercuriadis on disrupting the music business, the reasoning behind Apple sending iTunes to the chopping block, some important rules for personal networking, and more! Industry Bomb Thrower Merck Mercuriadis On Disrupting The…
Stay Calm! Apple Did NOT Just Kill Music Downloads
For the many, the announcement that Apple is "killing" iTunes also meant that Apple was also killing its music download store. In fact, iTunes on the Mac is just being divided into three separate apps for music, podcasts and TV. And the iconic music download store lives on, at least…
Billboard To Add Top Songwriters, Top Producers Charts
Under pressure from alternative data sources and soon to launch charts from Rolling Stone, Billboard is expanding its own chart offering. Top Songwriters and Top Producers charts will be based on weekly activity on the Billboard Hot 100 and other “Hot” genre song charts that blend data from streaming, airplay…
Goldman Sachs Says Global Music Revenues Will Reach $131 Billion by 2030
According to a new report from Goldman Sachs, nearly 1.2 billion people will be paying for music streaming in just 11 years. The latest report from the investment bank – dubbed ‘Music In The Air’ – comes nearly two years after Goldman Sachs predicted g…
More Streams? Here Are Music Streaming’s Trigger Cities
While we may think of places like Nashville and New York as being those cities with the most influence on the music business, the reality is quite different. In this piece we look at some surprising dark horse ‘trigger cities’ that are having an increasing amount of influence when it…
Why Apple Just Killed Off iTunes [Mark Mulligan]
Yesterday, Apple announced the end of iTunes on the Mac and its replacement with three separate apps for music, podcasts and TV. The reason given was feature bloat which slows performance. But top analyst Mark Mulligan says that its really part of "the great unbundling" which has been going on…