We hope to continue growing the platform, opening it up so that all participants in the musical eco-system can participate
It's not clear how the music labels will shake off the current subscription doldrums, but with Apple and streaming subscription growth front and center, you can bet they will do whatever it takes to build subscription sales, their big bet.
While they come from widely different backgrounds, all of these apps seek the same goals: grab an artist's audience, engage them, and monetize that engagement, digitally of course--with advertising, brand sponsors, "in app" purchases, or on rarer occasions, by selling recorded music.
It's not clear where all this plays out, but meeting many across the music industry this past year, I saw a clear picture of an industry trying to reinvent itself. And while labels still have an important role, the new equilibrium brings a healthy competitive balance to the market.
After surviving near-extinction last decade, vinyl made an exceptional global resurgence with purchases increasing more than
Legacy musicians make up a large portion of America's music library. However, digital music services aren't paying royalties for playing their songs. The RESPECT Act hopes to change that.
Over the last few days I've listened to the "same" radio stations on both iTunes and Spotify. I've streamed music with wired, wireless and 3G connections. I've used headphones and speakers. I've created custom stations. I'm looking at variety, fit, quality, convenience and user experience.
Purists hated the idea of slicing precious analog sound waves into bits, on philosophical if not auditory grounds. Owners of cassettes and vinyl were justifiably bummed to have to buy everything all over again.
You will find more statistics at Statista People are buying more units of music than ever — even though digital downloads
While there has been a hazy cloud hanging over artists, managers and labels relating to how digital music and the Internet affect their sales and bottom lines, the opportunity provided by push marketing remains an untapped well for a wide swath of artists.
"People will be exposed to Cloud Player and our digital music offering, which is a good thing," Boom said. "We want to take
Music consumers helped digital sales continue their climb, physical sales continue their slow death, and kept vinyl spinning