TUESDAY 12.4.18
Music Business News From Around The Web
Updated continuously under the More News tab
Category archives: Music Tech
Tencent Music Sets 2018 U.S. IPO, Spotify Could Net $2B
After speculation that Tencent Music would delay its IPO until 2019, the streamer filed paperwork Monday to move forward with a U.S. stock offering before the end of 2018. The IPO could also be a big win for Spotify. The music division of Chinese tech and shopping giant Tencent Holdings…
Streaming Services Hold Key To Music’s Diversity [Op-Ed]
Johan Svanberg of indie distributor Record Union looks at the need for music streaming services to become more diverse and egalitarian; not only where gender and ethnicity are concerned, but also in terms of creation and ownership. The answer, he believes, is to make streaming platforms a more hospitable and…
Spotify Tests Option To Import Your Own Songs
Spotify is testing a feature that would allow users to upload their own tracks into their personal Spotify library. Apple Music already integrates tracks stored on an iPhone with its streaming music service. ___________________________________ Spotify is testing "Import your music" directly from your Android device pic.twitter.com/Nx28gdI4mR — Jane Manchun Wong…
Apple Music Tops 56 Million Subscribers
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…
MON. BRIEF: Ariana Grande Breaks Spotify, YouTube Records • New Apple Music iHeart Rumors • More
MONDAY 12.3.18
Music Business News From Around The Web
Updated continuously under the More News tab
REWIND: The New Music Industry’s Week In Review
Looking back at some key events in recent music industry news, we revisit the arrival of Apply Music to Amazon devices, DJ Khaled and Floyd Mayweather’s payment disclosure woes, how analytics are disrupting marketing and A&R, and much more. Apple Music Coming to Amazon Echo Devices DJ Khaled, Floyd Mayweather…
TOP POSTS: This Week’s Most Read Posts On Hypebot
This week some of our most popular pieces on Hypebot covered a petition urging Spotify, Apple, and Amazon to label indie music, how bot farms are continuing to manipulate streaming numbers, why image is so important in the streaming age, and more. Spotify, Apple, Amazon Urged To Label Indie 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….
Spotify Unveils Wonderful Data Driven Billboards, Ads
The annual Spotify Wrapped billboard and ad campaign highlights unusual stats from the streamer’s users. In an era when data privacy is a universal concern, Spotify is encouraging people to go public as part of an “Overshared” initiative that will feature the year-end stats of users that submit them. spotify…