Daniel Ek’s company has earmarked between $400m and $500m to spend on acquiring podcast content and tools this year
The post Apple is investing in original podcasts – and Spotify investors aren’t happy about it appeared first on Music Busin…
Category archives: Apple
Can Major Labels Survive The Indie Music Revolution?
At the heart of the music business almost since its inception, major labels have successfully weathered multiple challenges to their industry dominance. But as music once again reinvents itself, can the major labels continue cling to power? ____________________________ Guest post by Bobby Owsinski of Music 3.0 Major record labels have…
Who Are Winners And Losers In The New Music Industry?
Regardless of who’s getting the money, it is undeniable that streaming has made the music industry lucrative again. Now, as the business works to reinvent itself, are historically downtrodden artists finally coming out on top, or are record labels and management siphoning off all of the profits? _______________________________ Guest post…
U.S. Music Streaming Revenue Tops $8 Billion, Up 33%
On-demand music services including Apple Music, Pandora and Spotify will top $8 billion in revenue in the U.S. this year, up 33% as increased adoption of products like wireless earbuds and smart speakers help drive more music subscriptions, according to a new Consumer Technology Association survey. The growing popularity of…
ROXi Plots IPO For Music Streaming Service, Device
ROXi Music, the manufacturers of music streaming service and device ROXi has chosen investment bank Arden Partners to prepare its initial public offering in the fourth quarter of 2019. The offering will be floated on the alternative investment market (AIM) of the London Stock Exchange. CEO Rob Lewis said going…
NMPA Backed Mechanical Licensing Collective Wins Battle To Administer Music Modernization Act
The US Copyright Office has named the Mechanical Licensing Collective (MLC) as the official entity tasked with licensing and administering rights under the new Music Modernization Act (MMA). The MLC was backed by many major industries organizations including National Music Publishers’ Association (NMPA), the Nashville Songwriters Association International (NSAI), and…
Apple Music is signing exclusives again: major partnership deal inked with French rap stars PNL
PNL sold over 113,000 equivalents of their latest album in a single week in April
The post Apple Music is signing exclusives again: major partnership deal inked with French rap stars PNL appeared first on Music Business Worldwide.
Streaming Takes Fans Beyond The Hits. Empowers Music Discovery
As artists continue to one-up each other across all metrics, it seems the music industry one percent are giving way to a broader swathe of artists, making for an at least somewhat more egalitarian music industry. __________________________ Guest post from AWAL Records are breaking left and right. As artists one-up…
Metadata For Musicians: What It Is, Why It’s So Vital
Given its critical role in providing info that impacts how your music is stored, sorted, and identified, if your metadata isn’t in order, your music simply isn’t ready for public release. Here we break down exactly what metadata is, and why need to get it in order before dropping new…
Tim Cook: WSJ Report on Jony Ive Is ‘Absurd’
The CEO claimed the article shows a ‘lack of understanding’ about Apple.