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Microsoft Senior VP of Entertainment, Music, Gaming & Experiences Jason Rutherford during a private media presentation in Redmond, WA., March 30th, 2018 Microsoft has now finalized a massive, $41.8 billion acquisition deal involving Spotify. The deal effectively cancels Spotify’s direct listing on the New York Stock Exchange.Microsoft Corporation, one of the largest and most powerful tech compani
Apple is scheduling a complete phase-out of music downloads from the iTunes Store by early 2019, per sources at the company.Apple is aggressively scheduling a phase-out of music downloads from the iTunes Store, according to multiple sources tied into the platform or working at the company itself. The termination has been in motion since 2016, when sources first tipped the story to Digital Music N
Google executive vice president for Music Nathan Rutherford previews the Spotify acquisition in Mountain View, CA Google is now planning to acquire Spotify in a deal valued at roughly $41.1 billion in cash and equity.The acquisition, first reported by the Wall Street Journal this morning, creates a clear frontrunner in the music subscription space. It would also give Google a massive edge over co
If albums are still worth billions of dollars, then a majority of those billions are now going to older releases. According to US-based data just released by Nielsen Music, older, ‘catalog’ albums outsold newly-released albums in 2015, the first time that has ever happened. Nielsen categorizes an album as ‘catalog’ when its release date is more than 18 months ago. In almost all cases, an album h
Hey RIAA, You got much time on hand for shameful reports. Let’s roll up the sleeves and lobby in new fair use doctrine. You will double the business to $30B in 24 months. Radio and streaming converted to music store with Shazams as a cashiers in golden chains will do just that. I have read your posts for months and still have no idea what you are proposing. Is English your second language? WTH re:
Google is now planning to acquire Spotify in a deal valued at roughly $4.2 billion in cash and equity, with a formal announcement slated for this week. The acquisition, first reported by the Wall Street Journal early this morning, would create a clear frontrunner in the music subscription space and give Google a massive edge over competitors like Apple. It may also play a critical role in the upc
Why are some of the biggest artists in the world stumbling over the most basic metadata issues?Last week, Rod Stewart’s label Universal Music Group distributed an embarrassingly-bad album title error, which took more than a week to correct. But Thirty Seconds to Mars, which is now releasing a new album, is dealing with a problem that’s much harder to see. It isn’t of the glaringly embarrassing va
Photo Credit: Level Music A Warner Music Group-owned distribution company, Level Music, is shutting down next year as cutbacks continue. Level Music, a Warner Music Group-owned distribution imprint, has anno... Read More...
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