Streaming grows 39% as downloads plummet by 21%
The post Streaming now makes Sony $25m a week – overtaking physical and download appeared first on Music Business Worldwide.
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Streaming grows 39% as downloads plummet by 21%
The post Streaming now makes Sony $25m a week – overtaking physical and download appeared first on Music Business Worldwide.
Is VKontakte entering the music streaming market? Russia’s largest social media platform – Vkontakte, has plans to release a paid music streaming service, according to The Moscow Times. The social media network has now secured licensing agreements from all three major labels: Universal Music Group, Warner Music Group and Sony Music Entertainment. Senior Vice President […]
The post Is Russian Social Network VKontakte Launching A Paid Music Subscription Service? appeared first on Digital Music News.
Is VKontakte entering the music streaming market? Russia’s largest social media platform – Vkontakte, has plans to release a paid music streaming service, according to The Moscow Times. The social media network has now secured licensing agreements from all three major labels: Universal Music Group, Warner Music Group and Sony Music Entertainment. Senior Vice President […]
The post Is Russian Social Network VKontakte Launching A Paid Music Subscription Service? appeared first on Digital Music News.
According to a report by Bloomberg, Spotify’s Chief Executive Daniel Ek plans to make the streaming service public in the second half of 2017. Just before it’s tenth birthday, Spotify announced raising $1 billion in convertible debt from investors who valued the company at $8 billion. This funding round was pegged to an IPO which was […]
The post Spotify Planning IPO For Q2 2017? appeared first on Digital Music News.
DMN zooms in on what Apple Music has been up to lately, and what this means for artists and fans… Healthy Subscriber Growth. Apple Music launched on June 30th, 2015. The streaming platform announced hitting 6.5 million subscribers on October 20th, 2015. It then jumped to 10 million subscribers by January 10th, 2016, and the streaming platform most […]
The post A Closer Look At Apple Music’s Latest Moves… appeared first on Digital Music News.
Deezer launches in the US, stiffening competition in the music streaming market. The French music streaming service, Deezer has finally launched in the US, increasing competition in the already crowded music streaming market. The service was launched today at a cost of $10 a month after a 30-day free trial. The interesting thing though, is that […]
The post Watch Out Spotify and Apple Music, Deezer Finally Launches In The US appeared first on Digital Music News.
The latest Apple Music exclusive is coming from… A week ago, Rapper Travis Scott posted an Instagram picture of himself and Apple Music’s Head of Content, Larry Jackson. The image was captioned ‘done deal’, which quickly led to speculation of an Apple Music exclusive. These reports have now been confirmed by Travis Scott. In a […]
The post The Latest Apple Music Exclusive Is Coming From…? appeared first on Digital Music News.
Apple Music brings you iTunes match… According to The Loop, Apple is now using iTunes Match audio fingerprint for its streaming service. The new version is meant to be a more accurate way to match songs than the previous metadata matching system that was used. The reports suggest that the iTunes Match that is newly available […]
The post Apple Music Makes Another Update To Its Streaming Service appeared first on Digital Music News.
Apple Music plans to significantly increase songwriter royalty rates. That could be a genius move. In a recent proposal to the US Copyright Royalty Board, Apple suggests that the royalty rate for publishers should be set at 9.1 cents per 100 streams of a song. Though an Apple Music official confirmed these reports, the filing […]
The post Apple Music Proposes Increased Songwriter Royalties; Can Spotify Survive? appeared first on Digital Music News.
Katy Perry releases latest single ‘Rise’ on the streaming platform just in time for the Olympics… Apple Music’s latest artist exclusive comes from Katy Perry, with her latest single ‘Rise’. The song will be used as an anthem before and during the Rio games, and Perry said that releasing the track now was perfect timing. In a […]
The post Guess Whose Song Apple Music Has Bagged As An Exclusive… appeared first on Digital Music News.