With 78 million users, streaming’s original music service remains an online radio giant -- but increasingly threatened by subscription services from Spotify to Apple Music. Now, amid layoffs and acquisition rumors, co-founder/CEO Tim Westergren is about to launch an ambitious bid for subscribers of its own: “The other products out there are unsatisfying.”
In streaming’s earlier years, when doubts prevailed across the artist, songwriter and label communities, one of the arguments put forward by enthusiasts was that when streaming reached scale everything would make sense. When asked what ‘scale’ meant, the common reply was ‘100 million subscribers’. In December, the streaming market finally hit and passed that milestone …
American consumers confirmed their new found passion for streaming in 2016, with a record 250.7 billion audio streams tracked during the year, an 82.6% increase year-on-year, according to data measurement company BuzzAngle Music.
The BPI announced that ‘album equivalent sales’ were up by 1.6% in volume terms in 2016, with vinyl and streaming identified as the key drivers. Many people retain a nostalgic soft spot for vinyl, so an apparently vinyl led revival is always going to get people’s attention. But not only is vinyl not the future …
When you walked into the Tower Records store in New York City’s Greenwich Village neighborhood back in the day, you just didn’t go in there to buy an album and then rush off to leave. To me, going to …
Apple has released the latest numbers fo the music subscription service Apple Music. In the 18 months since the service was launched in June 2015, the tech giant reveals that it has just crossed the 20 million paid subscribers mark. It last reported 17 million subscribers in September, marking a 15 percent jump in three months.
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