When Apple Music hits, it’ll pay artists about the industry standard. A leaked document shared by Digital Music News shows that with Apple charging between US$9.99 and US$14.99 per month for its upcoming on-demand Apple Music service, with 58 percent of its subscription revenues going to record labels. For every US$9.99 Apple collects from subscribers […]
Tag: Spotify
This may be behind the reason that Apple acquired Beats and its associated streaming music service last year. As of now, revenue from music streaming is now overshadowing CD sales in the US, according to new data published by the Recording Industry Association of America on Thursday, signalling a sea-change in favor of services like […]
This is the cost of a company getting to be a certain size or have a certain influence on its surrounding industries. Apparently, Apple is unlikely to offer a free, ad-supported tier for its upcoming streaming music service. It also seemed like Apple was going to try to undercut competitors like Spotify by offering its […]
Apple’s interested in what you’re listening to. Especially if it helps to justify having spent several billion dollars for Beats. Per The Guardian, Apple has acquired British startup Semetric, which runs the Musicmetric analytics tool, as part of its plans to relaunch its Beats Music streaming music service later in the year. In documents filed […]
iTunes Music Store downloads are falling. And the numbers aren’t pretty. According to VentureBeat, in a securities filing with the Securities and Exchange Commission, Apple reported declining iTunes Music Store numbers. “Growth in net sales from the iTunes Store was driven by increases in revenue from app sales reflecting continued growth in the installed base […]