Access vs. Ownership
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miApples - tech/social/news: iOS 8.4 Update Introduces Apple Music—a Revolutionary Music Service & Global 24/7 Streaming Radio

miApples - tech/social/news: iOS 8.4 Update Introduces Apple Music—a Revolutionary Music Service & Global 24/7 Streaming Radio | Access vs. Ownership | Scoop.it

Via Mapples Media
William Conoly's insight:

I believe Apple is best equipped to enter this industry because they already have business relationships built with different record labels. Almost every major artists in the world has licensed music through iTunes. Making them the biggest and most intimidating competitor in the industry.

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Mapples Media's curator insight, July 1, 2015 11:09 PM

iOS 8.4 Update Introduces Apple Music—a Revolutionary Music Service & Global 24/7 Streaming Radio http://miapplesinteractive.blogspot.com/2015/07/ios-84-update-introduces-apple-musica.html

iOS 8.4, #iOS, #Updates, #AppleMusic, #MusicServices, #StreamingRadio, #Apple, #Music, #Beats1, #miApples,

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How Pandora thrives in music industry chaos - CNBC

How Pandora thrives in music industry chaos - CNBC | Access vs. Ownership | Scoop.it
Pandora has spent more than a decade navigating the brutal music industry. It's still losing money, but artists are becoming fans.
William Conoly's insight:

I think Pandora is a great streaming service that provides free music to millions of people.With its reputation established and function so solid, I don't see it ever failing.

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Rescooped by William Conoly from How music streaming effects music industry
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How Streaming is Making Grammy Hits and Crippling Artists

How Streaming is Making Grammy Hits and Crippling Artists | Access vs. Ownership | Scoop.it
For emerging artists, streaming services like Spotify, Pandora and YouTube can be a great way to gain exposure. In a PBS interview, Norwegian singing/songwriting duo Nico & Vinz said that the...

Via Taylor Dempsey
William Conoly's insight:

I believe streaming of music will have a negative effect on the business side but will have a positive impact on the music itself. This is because with less money coming in from record sales, it might discourage people who are getting into this industry for a couple dollars. There is plenty of money to be made on the road through ticket sales and merchandise and any artists who truly has passion, isn't so concerned about money, unless he's making under a comfortable living.

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Taylor Dempsey's curator insight, February 11, 2015 10:48 PM

While music streaming is what the future holds for the music industry, many artists are upset about it's payout. It's a "sweet deal" for consumers because they only have to pay $10 a month to stream all their favorite music, but it has it's con's as well. For example, Pharel's 'Happy' had 47 million streams but only produced $2,700 in royalties. Streaming is making artist's famous, but they pay isn't where it should be according to this article.

Nathaly Barrios's curator insight, November 3, 2015 3:50 PM

Media apps like Spotify and Pandora are only considering the audience, and they are not looking at the artist's point of view.  This just shows how the music industry is having a hard time adjusting to this new apps, and the audience is evolving too fast for the industry. The best thing to do in this case would be to reconsider how these music media apps manage all the income they get from their customer's subscriptions, so both record labels and artists can get even royalties.

Jerrod Coston's curator insight, December 2, 2015 11:36 PM

I find that it's not fair to the artist that everyone is making money except the artist who create, write and perform the music.  

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Facebook is rumored to be building a music-streaming service to compete with Spotify and Apple Music

Facebook is rumored to be building a music-streaming service to compete with Spotify and Apple Music | Access vs. Ownership | Scoop.it
Facebook is planning to launch a music streaming service that will directly compete with Spotify and Apple Music, anonymous sources tell Music Ally.
William Conoly's insight:

With such major players from the music industry already established in streaming services, I don't see Facebook doing very well in this industry. Not to mention they have little to no connections inside the music industry, I don't see these other companies being very welcome to the idea. However, Facebook does always seems to triumph so it will be interesting to watch.

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Conner Hitchcock's curator insight, October 11, 2015 5:30 PM

I think it would be a good thing if Facebook joins the music streaming industry.  It would really enhance the compassion between iTunes, google play, and spotify.  It will really bring out the best of what online streaming could really be.  Though Facebook in total is not as popular as it once was, this could be the way that they bring themselves back on top!

Ivette Abundiz's curator insight, November 9, 2015 8:11 PM

I don't think I could have chosen a "hotter" topic happening in the music industry. Looks like every major digital company out there is trying to get their share of customers in the music streaming industry. I believe it will be a piece of cake for Facebook to be a leading competitor with all the veterans and rookies in the field. This is because, in my opinion, Facebook is one of the most popular social media apps used around the world.

Lyndie Wenzloff's curator insight, December 2, 2015 1:25 PM

If this rumor turns out to be true, streaming services will have even more competition. I believe maybe it could one day have enough revenue to top Spotify because of the amount of people who use Facebook, however, Facebook's brand is for social media, not streaming music, and that may hinder it's success. The source seems to be credible.

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95 Percent of Streaming Music Catalogs Are 'Irrelevant' to Consumers, Study Finds - Digital Music News

95 Percent of Streaming Music Catalogs Are 'Irrelevant' to Consumers, Study Finds - Digital Music News | Access vs. Ownership | Scoop.it
  Spotify has 20 million paying subscribers, but only a percentage are paying $9.99.  And, 55 million are paying $0 a month.  “Organic subscription growth… is not...
William Conoly's insight:

I don't agree that people are not interesting in having a large collection of music to choose from, it just depends how the music is presented to them. If the consumer has to go digging and searching to find new music then of course their not going to take the money out of their wallet when they could just use Youtube or Soundcloud. But if new music is presented to the consumer in innovative, creative, and user friendly methods, I believe people will pay for your service. This is because you made the process more convenient for them, therefor providing a service.

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