43% of Music Revenues via Streaming in ’17; J. Cole Breaks Drake’s 24-Hour Streaming Record on Apple Music
Streaming services and their subscription revenue has saved the music business, according to a new music industry report, which notes that 2017 was the third consecutive year of revenue growth — again, thanks to digital music consumption.
How Music Generated by Artificial Intelligence Is Reshaping — Not Destroying — The Industry — www.billboard.com
There is an enduring fear in the music industry that artificial intelligence will replace the artists we love, and end creativity as we know it.
In the backdrop of Spotify becoming a publicly traded company, streaming is working for a majority of stakeholders in today’s music industry.
Spotify in Israel: Streaming Service a Success a Month After Launch — Variety — variety.com
A month after Spotify’s launch in Israel, the streaming service is finding its footing.
How This Startup Is Finding Millions of Dollars in Unclaimed YouTube Revenue For Artists and Labels — www.billboard.com
Create Music Group (CMG) has grown from a YouTube collection specialist into a profitable 75-employee force with tentacles in a range of overlooked opportunities in the music business, from mixtape monetization to video-content creation beyond official music videos.
J. Cole Breaks Drake’s 24-Hour Streaming Record on Apple Music With ‘KOD,’ Nearly Double Its Spotify Streams — www.billboard.com
With his album KOD garnering 64.5 million streams in its first 24 hours in the U.S., J. Cole set a new record on Apple Music for most album streams in 24 hours, eclipsing Drake’s Views by almost a million streams.
UK Collection Society PRS for Music Revenues Top $1 Billion for First Time — www.billboard.com
Revenues at U.K. collection society PRS for Music topped $1 billion for the first time in its 104-year history in 2017, rising 12.7 percent on a constant currency basis to total £717 million.
Block ’n’ roll: 3 ways blockchain is building the music industry of the future — medium.com
2018 is the year of blockchain: the fledgling technology promises transformation across all industries, from healthcare to finance. This week alone, new blockchain projects have been announced by…
AIM Partners With Muso to Help Indie Artists Sink Pirates — www.billboard.com
The Association of Independent Music, a U.K. trade body representing hundreds of indie labels, artists and start-ups, has teamed with digital piracy watchdog Muso to give its members access to tools for monitoring and taking down unlicensed content from the internet.
Record Store Day: Why music streaming will never replace the quest for vinyl — www.cbc.ca
The Day 6 music panellists share their most memorable quests for elusive vinyl records, from obscure movie soundtracks to long-forgotten cover songs.
Apple’s Jay Liepis Heads to Nashville to Bolster Country Music Ties — variety.com
Apple Music is establishing a beachhead in Nashville, as 13-year Apple veteran Jay Liepis relocates to Music City to head up a new office.