In case you hadn’t heard, Jay-Z is this week launching (relaunching) the Tidal music service he recently acquired along with a lot of help from industry friends. The company is hoping its model is innovative and helps artists earn more, but its UI for the web app appears to be a shameless copy of Spotify, as you can see in the comparison screenshot: Tidal above, Spotify below. expand full story
Billboard March 31, 2015
Billboard November 20, 2014
Billboard is about to add data from music streaming services to its weekly Billboard 200 charts for the first time as services like Spotify and Apple’s Beats Music become increasingly popular. The New York Times reports that Billboard and Nielsen SoundScan plan to start incorporating both streams and downloads from music streaming services, in addition to the music sales the chart already covered, in order to more accurately reflect popular albums based on what users are listening to. The first chart including streaming services will include data for next week and arrive online Dec. 4: expand full story
Billboard May 28, 2014
Declining iTunes sales highlighted by Morgan Stanley’s Katy Huberty and reported by Fortune appear to underline the need for Apple to move beyond sales of music downloads and into the subscription music business. iTunes sales are down 24 percent year-on-year.
While the slack is being picked up by app sales – a trend previously noted by Asymco’s Horace Dediu – that falling blue line reflects the wider shift in consumer behaviour from purchasing downloads to subscribing to streaming services noted last year by Billboard magazine … expand full story
Billboard May 23, 2014
While it was previously reported that the Apple buyout of Beats Electronics was supposed to be announced this week, Billboard has compiled a list of five different reasons the deal isn’t yet finalized according to its own sources.
A few of these potential hold-ups include issues determining Beats’ valuation and issues with finding a place for Dr. Dre and Jimmy Iovine to fit into Apple’s corporate structure. According to one of Billboard’s sources, Apple’s executives were “freaked out” by the video that surfaced a few weeks ago of Dr. Dre and Tyrese Gibson (accidentally) confirmed that a deal was in the works.
Billboard May 21, 2014
If Apple does indeed reach a deal to acquire Beats Electronics and announce it this week as expected, the clock is once again counting down to offer up your take on the whole scenario before it’s actually official. Steve Jobs’ biographer Walter Isaacson got that opportunity earlier this week thanks in part to Dan Lyons of Fake Steve Jobs fame; Isaacson told Lyons he believes the expected $3.2 billion acquisition by Apple is all about creating a world class video service led by Beats’ co-founder Jimmy Iovine.
But when you think about Beats and what the company has to offer for Apple, the subscription music service launched by the company in January earlier this year comes to mind. Spotify, of course, dominates in this space as seen by the company’s announcement today that they now have 10 million paid subscribers and 40 million active users. expand full story
Billboard May 19, 2014
With the expected Beats Electronics acquisition by Apple expected to take a week longer than first reported, industry watchers are making their last minute predictions as to why Apple would be interested in the audio and music service company.
“Isaacson thinks the Apple-Beats deal is not about headphones or streaming music but rather is about video. He speculates that Cook wants Iovine to run Apple’s content business and help Apple launch the TV product that analysts have been gossiping about for years. The product has been held up because Apple can’t get all the content owners on board.”
Lyons adds that Isaacson shared with him something which he did not include in the authorized biography of the late Apple co-founder: Jobs was pitched on Apple buying Universal by Jimmy Iovine around 2002 or 2003… expand full story