By Luiz Augusto Buff from Berklee College of Music's Music Business Journal. After the music industry was shocked in the early 2000s by the growth of piracy and file sharing, many investors were skeptical about the future of music publishing assets, worried that the value of songs would decrease ...
Shazam wants a five-fold increase in monthly mobile users. Already a must-have app for identifying songs, Shazam is betting different types of identification, and new markets, will help it reach that goal.
As the world comes to terms with Apple posting the biggest quarterly profits in Wall Street’s history, it’s surely worth asking this question: just how much bigger is the iPhone giant than companies that the music industry considers ‘major’?
They don’t make ‘em like they used to: MBW has discovered that ‘new’ albums were outsold by ‘old’ (catalogue) albums online in the US for the first time in 2014. The feat of catalogue albums outselling frontline releases was first achieved back in 2012, but that was a momentary blip; it’s never taken place over a whole year before.
Today Snapchat, the ephemeral messaging service fresh off a $485 million Series D round of fundraising, announced the launch of its new media platform Discover. It is a built in feature on the Snapchat app that offers daily refreshed content from select and disparate group of major media players like Vice, The Daily Mail, Comedy Central, Warner Music Group, Cosmopolitan, People, Yahoo!, and National Geographic.
All of the leading providers of streaming music are now in the scorching hot legal zone involving pre-1972 music after seven lawsuits were filed on Thursday against Apple's Beat Electronics, Sony Entertainment, Google, Rdio, Songza, Slacker and Escape Media Group (operator of Grooveshark).