MediaNet

MediaNet Blog

RECAP: Apple Makes News With Spotify & TIDAL, U.S. DOJ Imposes New Regulation on Songwriters

Posted by Glen Sears | July 5, 2016 9:59 am | No Comments

JayZ

Story of the Week

Apple In Talks To Buy Tidal Says Wall St. Journal, But New York Times Says ‘No Way’
Apple is in talks to acquire Tidal, the Wall Street Journal blasted late last week; and hours later re/code sources confirmed the conversations. But respected New York Times music journalist Ben Sisario quotes his sources as saying that Apple has no intention of purchasing Jay Z’s music streaming service.

Whoever turns out to be right, Apple buying Tidal is an intriguing concept. For both sides, the pros would seem to outweigh the cons. This would not be the first time that bad feelings and bravado have been overcome by a big check.

Read the full story on Hypebot.

Top Music News Stories

TIDAL Subscriber Count Significantly Lower Than Expected. A chart from analytics firm Statista show it with only 3 million subscribers.

Spotify Says Apple Won’t Approve New version of App Because It Doesn’t Want Competition. The firm says Apple turned down a new version of the app while citing “business model rules” and demanded that Spotify use Apple’s billing system if “Spotify wants to use the app to acquire new customers and sell subscriptions.”

Justice Department Won’t Alter Music Industry Royalty Rules. Justice Department lawyers told representatives of Ascap and BMI that the two groups, called performing rights organizations, must adopt a policy known as “100 percent licensing,” which means that any party that controls a part of a composition can issue a license for the use of the whole thing.

Global Music Market Expected To Grow Over The Next 5 Years. The market growth is attributed to the rising number of vendors and their expanding reach in developing markets, the popularity of concerts, growing number of music schools, and prevalence of digital music formats.

Music Is Almost As Important As Coffee For Monday Morning Motivation, Says New Survey. A new Spotify Ipsos survey, conducted in the US, Australia, Brazil, France and Sweden, found that music is just as likely as caffeine to motivate people on a typical Monday.

Our best wishes for a great week! – MediaNet

Follow MediaNet! – Facebook | Twitter | LinkedIn | Medium

Have questions about how Medianet can help your digital music business? Ask us here. Want a topic or insight published on this blog? Ask us here. Other questions or comments? Let us know!

No Comments

No comments yet.

Sorry, the comment form is closed at this time.

The MediaNet Blog

Insights, News, Announcements, and Updates on MediaNet and the ever-changing world of music, technology, industry, and law.

Get Weekly Music News Updates Directly To Your Inbox!

Recent posts

SoundCloud Rescued and Installs New CEO, TIDAL Names New CEO Too, Amazon Eyes U.S. Ticketing
August 14, 2017
SoundCloud Speculation Continues, Apple Courting Indian Music Company, Sony Music Has Huge Q1
August 7, 2017
SoundCloud May Have New Equity Deals, YouTube Red Merging with Google Play, SESAC Strikes U.S. Radio Deal
July 31, 2017

Archive

Categories

Powered by WordPress