Music industry

Update: Apple has responded to Swift’s blog post.

Earlier this week, it was confirmed that Taylor Swift’s latest album ‘1989’ will not be available on Apple Music, Apple’s streaming music service launching on June 30th with iOS 8.4. She has written a blog post on Tumblr explaining her position.

We don’t ask you for free iPhones. Please don’t ask us to provide you with our music for no compensation.

Swift explains that she respects Apple for their innovation but says the terms associated with the Apple Music free trial are ‘unlike this historically progressive and generous company’. Swift says that under the 3 month free trial period, artists and rights holders are not paid at all for the duration and notes Apple has plenty of money to reimburse the artists for their work. Swift says that she is holding back 1989 not because she cannot support herself but as a retaliation for ‘the new artist or band that has just released their first single’.

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We may get to see the two-hour video of Steve Jobs giving pre-trial evidence in the iPod antitrust case, if the judge approves a motion jointly filed by AP, Bloomberg and CNN to make it public. CNET reported:

“Given the substantial public interest in the rare posthumous appearance of Steve Jobs in this trial, there simply is no interest that justifies restricting the public’s access to his video deposition,” attorney Thomas Burke, who is representing all three media organizations, wrote in the filing Monday

The video currently has the same status of live testimony given in the case, meaning that it can be reported on but the video cannot be broadcast … 
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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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With reports that Apple is in final talks to close a $3.2 billion deal to purchase Beats Electronics, we thought it would be interesting to revisit a recent interview with the company’s co-founder Jimmy Iovine from just before the launch of Beats Music. The interview above was from the D: Dive Into Media conference back in February of 2013 and in it Iovine gives a lot of insight into his view of the music industry leading up to the launch of the company’s new Beats Music subscription streaming service.

You’ll also get a sense of just how important a figure Iovine is in the music industry, which might be why Tim Cook is rumored to be keeping Iovine on as a special adviser on creative matters through the Beats deal. Lots of topics are covered, but the interview as a whole gives great perspective into Beats’ mission with its new streaming music service.

The Ecconomic Times expands on the recent chatter about the iTunes Cloud (iCloud?)service we’ve been hearing about.  The news site confirms that Apple has locked up deals with 3/4 of the top labels (Universal is widely reported to be the holdout) and is set to reveal the new service at next month’s WWDC.

The Cupertino, California-based gadget-maker is expected to launch a new Web-hosted music service next month, according to multiple reports, after negotiating deals with at least three of the four major record labels.

WWDC isn’t traditionally a venue for iTunes related news but we’ll give Apple a pass…

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Image credit: John Ferguson

Many Apple fans will disagree with such a strong statement about the charismatic CEO who has single-handedly shifted the balance of power in the music industry and persuaded youngsters that stealing music is bad for their karma. That’s exactly what Jon Bon Jovi said responding to a reporter’s question about the state of music today. Read on…

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