This photo says everything about Apple’s ambitions in the music business

A billion streams, some smiling execs… and no label in sight

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Spotify’s Chief Revenue Officer Jeff Levick exits company after 5 years

New York-based exec joined streaming company from AOL in 2011

The post Spotify’s Chief Revenue Officer Jeff Levick exits company after 5 years appeared first on Music Business Worldwide.

TIDAL parent lost around $2m a month last year, while seeking extra financing

First year of Jay Z ownership put under the microscopeThe post TIDAL parent lost around $2m a month last year, while seeking extra financing appeared first on Music Business Worldwide.

Spotify’s competitors turn up the heat as Amazon readies its rival

Pandora, Amazon, Vevo and others keen to launch new features over the coming months

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Universal isn’t quite done with streaming exclusives (but it almost is)

Major has apparently received “a flood” of supportive emails after Lucian Grainge’s ban

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Pandora launches ‘trendsetters’ and ‘predictions’ charts with NextBigSound

Christine & The Queens currently leads Predictions chart, Dua Lipa at No.2

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Apple now in 60 countries Spotify is not, as it launches in South Korea

Apple is now in 115 territories in total, with Spotify available in 60The post Apple now in 60 countries Spotify is not, as it launches in South Korea appeared first on Music Business Worldwide.

Why Exclusives Are Terrible for Fans, Artists, and the Streaming Music Business

Dj Skee weighs in on one of the biggest topics around in digital musicThe post Why Exclusives Are Terrible for Fans, Artists, and the Streaming Music Business appeared first on Music Business Worldwide.

Sony Music Entertainment Posts an Increase In Revenue Led By Strong Streaming Sales

Sony Music Entertainment released their first quarterly earnings report from April 1 to June 30, beating out analyst’s expectations in posting an 8.7% increase in sales to $1.374 billion. This is a strong increase from the same quarter last year, when Sony reported $1.27 billion in sales. At the same time, however, they also reported […]

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