Here’s theÂ music industryÂ news roundup from the week of Sept 23rd, 2016. Streaming in the news again, but what else is new. It at the heart of the music industry’s evolution right now
Don’t be surprised to see cheaper pricing tiers at all of the services, not that the barriers have been broken.
Universal and Sony are launching their own streaming service. It’s called NOW Music+, but if history tells us anything, these label collaborations never work out.
One of Spotify’s investors wants it to sell to Facebook. Not that Facebook wants it, but at least Spotify Daniel Ek and Facebook Mark Zuckerberg know each other.
Streaming revenue really grew in the first half of 2016. And this article says that Apple Music was responsible. Maybe so, but Spotify still has more than twice as many users.
Don’t look now, but iHeartRadio may launch it’s own streaming network. Seems like a death wish, since the company is so deep in debt. Could it be a Hail Mary play?
Tidal is in trouble because of subscriber churn. The minute an exclusive is over, the subscriber drops the service. Bad news for Jay-Z.
Does radio have to be live? Radio futurologist says no, and live can even be a hinderance to a station.
A third of all people under 25 nowÂ pay for music streaming. This according to the latest study from the IFPI. That’s up 40% over last year.
Frank Ocean is looking for a distribution deal. Apparently he’s a handful to work with, so even though he’s hot, negotiations are slow.
That’s the News Roundup of what went on in the music industry last week. Let’s see what nextÂ week brings.