Apple Buys Asaii To Improve Apple Music Recommendations

Apple has acquired streaming analytics startup Asaii to bolster Apple Music. First word of the deal came when Asaii founder and CEO Sony Theakanath changed his Linkedin to reflect his employment at Apple Music. Without explanation, the startup announced it was shutting down in September, with an acquisition rumored. The…

Arithmetic Online: The Ethical Pool Solution To Streaming Royalty Allocation

Fans and artists alike are currently more than a little a displeased by the "Big Pool" method with which streaming services calculate how artists get paid. Here we explore an alternative method of calculating these royalties dubbed the "Ethical Pool Solution" which would allow listeners to direct royalties only to…

Apple Music and Ministry Of Sound strike deal to push MoS playlists worldwide

AM will be the only place the public will be able to find MoS playlist brands
The post Apple Music and Ministry Of Sound strike deal to push MoS playlists worldwide appeared first on Music Business Worldwide.

Apple’s buyout of Shazam: 5 reasons it could change music streaming forever

How the world’s leading voice-recognition app could shake up the streaming game
The post Apple’s buyout of Shazam: 5 reasons it could change music streaming forever appeared first on Music Business Worldwide.

Prior to its Acquisition, Shazam Was Actually Bleeding Millions

Looks like Shazam’s revenue had all-but-flatlined prior to Apple’s acquisition.  Losses also skyrocketed.  So, would the popular app have gone bankrupt? Shazam has filed its public financial results for 2017 in the Companies House in the UK. Breaking d…

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Shazam Removes Ads As Apple Completes Acquisition

Apple announced that it has completed its acquisition of music recognition app Shazam which is used by hundreds of millions globally. Along with the acquisition, Apple will make the app ad free. Shazam has been downloaded over 1 billion times and users identify songs using the Shazam app over 20…