Decline of music downloads continues as on-demand streaming audio up 50 percent

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Apple’s presumed plans for an on-demand music service as part of its Beats acquisition is looking increasingly well-timed as Nielsen data shows that U.S. on-demand music consumption climbed 50.1 percent year-on-year, while music downloads fell by 12 percent in the same timeframe.

“With On-Demand streams surpassing 70 billion songs in the first six months of 2014, streaming continues to be an increasingly significant portion of the music industry,” says David Bakula, SVP Nielsen Entertainment …

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Report: Apple planning to introduce locally targeted ads, additional non-music content to iTunes Radio

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(Image via Apple)

According to a new report from The Information, Apple is planning to offer “locally targeted advertising” to users through its iTunes Radio platform sometime this year. The report also says Apple is planning on working with “broadcast radio stations” to increase the amount of content it offers on the platform. This additional content would focus on non-music offerings that would further expand Apple’s content streaming platform. Earlier this week, 9to5Mac reported that Apple is planning to introduce several local NPR stations as well as sports content from ESPN to iTunes Radio… Read more

Spotify CEO: I’ve always assumed Apple would offer a streaming service

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. Read more

Apple and Beats not such strange bedfellows, argues Bloomberg

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Steve Jobs and Jimmy Iovine in 2008 (Photo: Jeffrey Mayer/WireImage via Getty Images)

A Bloomberg analysis of the presumed acquisition of Beats Electronics by Apple says that while the two companies may have very different cultures, the partnership is not so strange as it might first appear.

“These aren’t strange bedfellows at all,” said Peter Csathy, chief executive officer of entertainment law firm Manatt Digital Media Ventures. “Steve Jobs really drove the relationship with the music industry. The executives at Apple and Beats know each other very well, and there’s a comfort level there” …

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Opinion: Beats Music is actually so good that I’m worried about Apple ruining it (à la LaLa)

Beats Music for iPhone

My first reaction to yesterday’s news that Apple is nearing the close of a $3.2 billion deal to purchase Beats Electronics was one of worry, but not for the reasons that I saw in much of the commentary from others. I’m less concerned with what Apple could have planned for the headphones business or that the price tag is so high; after all, it’s exciting to think that Apple could make a major acquisition (its largest yet) after somewhat of a quiet period. What worries me is what Apple has planned for the not-so-popular-yet subscription streaming service Beats Music… Read more

Beats Music 2.0 update delivers iPad version for subscription music service

 

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Well, there it is. Beats Music updated to version 2.0 today bringing native support for the streaming music subscription service for iPad users. Beats Music teased the iPad version just yesterday in a teaser image shared over Twitter. Beats Music also recently added support for in-app subscription purchasing making it easier for users to use the full version of the service. The update also includes the ability to find other Beats Music users you may already know through Twitter. Read more