Tag Archives for " Amazon "
July 9, 2018
Best Buy Winding Down CD Sales Pounds Another Nail Into The Format’s Coffin
On July 1st, Best Buy was supposed to end its long history with the Compact Disc (better known as the CD). The company had announced months ago that it had set that date as its deadline for ending sales completely, but according to several reports, is still is selling them, although with greatly reduced inventory and floor space. […]
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May 2, 2018
With A U.S. IPO, Tencent Will Become The Next Big Streaming Service In North America
There have been multiple reports that Chinese streaming service Tencent Music is getting set to file for an Initial Public Offering (IPO) very soon. An even bigger story is the pegged valuation is in the neighborhood of $25 billion, which would make it the 4th largest U.S. listed tech stock ever, just a little behind […]
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April 23, 2018
Smart Speakers Help Amazon To 100 Million Prime Subscribers
Amazon has never officially discussed its Prime service subscriber numbers in the past, leaving room for lots of speculation. Was it 90 million? 120 million? 60 million? Finally we get some real confirmation from CEOÂ Jeff Bezos himself, who announced in its annual shareholders letter that the company has broken the 100 million barrier, a new […]
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April 9, 2018
Spotify’s Market Cap Shows Just How Powerful Apple Really Is
Spotify’s direct listing on the New York Stock Exchange last week proved to be a little underwhelming in that most existing stockholders decided to hold on to their shares, a good sign for the company’s long-term future. Its stock price at the end of the week ended up at just shy of $148, which translated […]
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January 3, 2018
7 Music Business Predictions For 2018
2017 is now in the books and it was a big year for the recorded music industry, so now it’s time to look ahead to 2018. Here are 7 predictions that can affect the music business in ways big and small in the upcoming year should they come to pass. 1. Spotify finally goes public, […]
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October 6, 2017
Microsoft Dumps Groove Music For Spotify
You’re probably not aware that Microsoft has its own streaming service called Groove Music, and that’s exactly why the company is now dumping the platform in favor of Spotify instead. The company plans to stop selling subscriptions soon and will completely phase out the service by the end of the year, which probably won’t break […]
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September 19, 2017
The Story Behind Berklee’s Avatar Acquisition With Ian Kagey On My Latest Podcast
Recently the recording world was shocked to hear that Berklee College of Music acquired one of New York City’s most glorious studios – Avatar (formerly known as Powerstation). There are still a lot of questions as to what’s going to happen with the facility, but on this podcast we get the answers right from the […]
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May 19, 2017
Music Industry News Roundup For The Week Of 5/19/17
Here’s the Music Industry News Roundup for the week ending on May 19th, 2017. The big news in the streaming world again this week, and once again, some of it is not good. Let’s get into it. Apple to stop exclusives. After much negative feedback from the industry, it looks like it has backed off. Jimmy Iovine thinks […]
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May 15, 2017
Is Part Of Universal Music Up For Sale?
Universal Music’s parent company Vivendi recently put a public price tag of $22 billion on the company, which seems odd since it hasn’t valued this asset before. In fact, the only good reason to do so is if Vivendi either wants to sell all or part of Universal or to take the company public to reap […]
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April 14, 2017
Music Industry News Roundup For The Week Of 4/14/17
Here’s the Music Industry News Roundup for the week ending on April 14th, 2017. The news this week is varied, but interesting, with Spotify in the lead again. Let’s get into it. Recording artists are lobbying Capitol Hill to get paid for radio airplay. This has been an ongoing struggle for a couple of decades but the […]
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March 17, 2017
Music Industry News Roundup For The Week Of 3/17/17
Here’s the Music Industry News Roundup for the week of March 17th, 2017. There’s lots of interesting speculation on new services, and not a mention of Spotify for once. Let’s get into it. Facebook trying to solve “social music.” No one else has cracked it, but the company is taking music very seriously. Will AI and chatbots […]
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November 18, 2016
Music Industry News Roundup For The Week Of 11/18/16
Here’s the Music Industry News Roundup for the week of November 18th, 2016. Lots on the legal front this week, and streaming news is back strong again. Let’s get into it. The Justice Department wants BMI to collect fees in a different way. It asked for “full work licenses” where all songwriters must agree to a license, but […]
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October 19, 2016
Amazon’s Actually Losing Money From It’s New Music Service
The major record labels are adamant about keeping the price of a music streaming subscription at $9.99 per month, regardless of the platform, so it was a great surprise last week when Amazon announced that its new Amazon Music Unlimited service was priced at $7.99 per month for Amazon Prime members. It turns out that the […]
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October 14, 2016
Music Industry News Roundup For The Week Of 10/14/16
Here’s the Music Industry News Roundup from the week of October 14th, 2016. Streaming is back in the news this week as Amazon and Pandora both launched new services. There’s so much more though that you could easily have missed. Let’s get to it. Amazon finally launched its stand-alone streaming service. But is the company […]
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October 13, 2016
Don’t Be Fooled By Amazon Music Unlimited’s Price
Amazon has finally launched it’s long awaited stand-alone streaming music service and it’s called Amazon Music Unlimited. On the surface it has a number of interesting features that differentiate it from the other major streaming services, but one has to wonder whether potential users will find them compelling enough to subscribe. Perhaps the service’s biggest […]
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