Apple Music Tops 56 Million Subscribers

Apple-music-itunes-icon-100594579-origApple Music now has 56 million subscribers, according to a new report. That's up 6 million since April, when CEO Tim Cook announced a 50 million milestone. Spotify, which has an estimated 90 million paid users, is adding subscribers at almost twice Apple's rate.

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REWIND: The New Music Industry’s Week In Review

6a01b7c7aa2d2b970b01b7c907b5d7970b-100wiLooking back at some key events in recent music industry news, we revisit the arrival of Apply Music to Amazon devices, DJ Khaled and Floyd Mayweather's payment disclosure woes, how analytics are disrupting marketing and A&R, and much more.

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TOP POSTS: This Week’s Most Read Posts On Hypebot

6a00d83451b36c69e201b7c907b568970b-150wiThis week some of our most popular pieces on Hypebot covered a petition urging Spotify, Apple, and Amazon to label indie music, how bot farms are continuing to manipulate streaming numbers, why image is so important in the streaming age, and more.

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Apple Music To Grow To 164M Users As iTunes Crashes [Morgan Stanley]

Apple music cardsApple Music will continue its growth trajectory, according analysts at  Morgan Stanley.  Over the next five years, Apple Music's 5% market penetration will expand to 14%of a growing user base of Apple's products, driving a 28% revenue growth.  Apple Music is predicted to grow to 164 million users by 2023.

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Spotify Unveils Wonderful Data Driven Billboards, Ads

image from cdn0.tnwcdn.comThe annual Spotify Wrapped billboard and ad campaign highlights unusual stats from the streamer's users. In an era when data privacy is a universal concern, Spotify is encouraging people to go public as part of an “Overshared” initiative that will feature the year-end stats of users that submit them.

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Spotify’s Vanja Primorac Joins UTA As Music Innovations Exec

image from celebrityaccess.comTalent and entertainment agency, United Talent Agency has hired from Spotify executive Vanja Primorac as an executive focused on Music Innovations. In this newly created role, she will identify and create marketing, distribution, and platform partnership deals for UTA’s client roster.

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Facebook's Jess Keeley-Carter Joins WMG As SVP Global Digital Marketing

Jess Keeley-CarterWarner Music Group has named Jess Keeley-Carter as SVP of Global Digital Marketing, Recorded Music. Keeley-Carter was previously at Facebook, where she oversaw Label Partnerships for Europe, the Middle East and Africa.

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Looking Back On 15 Years Of Bandzoogle [Chris Vinson]

image from scontent-iad3-1.xx.fbcdn.net[UPDATED] Bandzoogle is celebrating 15 years, a lifetime in both in music and tech. The website and marketing platform continues to thrive by providing a product that every musician needs, constantly improving it and charging a fair price. But Bandzoogle's not-so-secret ingredient is founder Chris Vinson and his team of musicians and music lovers who wake up every morning wanting to make life better for artists. Here, Chris shares his journey.

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Institutional Investors Bought $1.4B In Spotify Stock In Q3 (NASDAQ:SPOT) 

Spotify New $At least nine major institutional investors have significantly upped their stake in Spotify (NASDAQ:SPOT) in recent months. Total new institutional investments in Spotify topped $1.4 billion in Q3.

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Qobuz Sets Early 2019 US Launch with Hi-Res Streams, Downloads, Additional Content

QubuzQobuz, which bills itself as the world’s only certified hi-res streaming and download service, will launch in the US in early 2019. 40 million tracks will be available in “lossless” quality (FLAC 16-Bit/44.1 kHz, similar to CD quality) and in 320kbps MP3 quality along with extensive meta-data and additional content.

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Spotify, Soundcloud Bot Farms Continue To Manipulate Streaming Numbers

Buy Spotify PlaysBot farms continue to manipulate streaming stats on Spotify and Soundcloud, a year after the streamers and music industry became aware of them, multiple sources tell Hypebot. The bots, which target these two services because they offer free access, are available both home-brewed and professionally marketed.

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YouTube Music Adds Student Discount Plans

YouTube Music logoYouTube has added student plans that match discounts offered by Spotify and other competitors  YouTube Music Premium will cost students $4.99 per month and YouTube Premium which includes video is $6.99.  Students who sign up by the end of January can lock in Premium at the special rate of $5.99 per month.

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Meta Trends That Will Shape Music Industry In 2019

1As the music industry closes the door on 2018, some of the promised technologies of the year, like blockchain and AI, hit the world of music with more of a fizzle than a bang, but 2018 did deliver some indicators for what meta trends will likely have the most impact as we move forward into 2019.

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eMusic Blockchain Token Sales To Launch, Despite Ongoing Payment Problems

Emusic2018Indie digital music retailer eMusic will open the sale of its eMU Tokens to the public outside of the U.S. on Monday. November 26. The tokens are part eMusic's blockchain project that could be hampered by its ongoing payment struggles that have seen a number of major and independent labels and distributors pull their catalog off the platform.

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Music Piracy: No Longer In The Headlines, Still A Headache

1While the rise of streaming and the music industry's at least partial financial recovery have sidelined music piracy as a topic of major concern, the illegal acquisition of music online continues to be an ever-present issue.

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SoundCloud Troll's DMCA Takedowns Demonstrates Weakness Of System

1DMCA takedown notices have received plenty of flack for their inaccuracy and rampant dissemination. Most recently trolls posing as rights holders have been able to take advantage of the DMCA's failure to closely look into any allegedly infringing material by getting them to issue takedown notices against completely legitimate content.

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iHeartMedia Acquires Radio Tech Platform Jelli

IheartmediaiHeartMedia announced today that it has entered into an agreement to acquire Jelli, the company behind the SoundPoint platform which enables  programmatic buying and selling broadcast radio ad time. The acquisition, which is designed to help radio compete with the kind of targeted advertising that digital services offer, comes just as iHeart appears to be emerging from bankruptcy.

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Losses Grow At Live Music Streamer LiveXLive

image from celebrityaccess.comLive music event streamer LiveXLive Media reported record revenue for their second fiscal quarter of 2019, but still missed Wall Street’s estimates. Revenue for the quarter came in at $7.97 million, up by 5% from the first quarter, when they cleared 7.62 million. However, the company missed the mark set by investment analysts, who had set a consensus of $8.33 million for the quarter.

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