Spotify and Apple Music Competitor Deezer Says They’ll be Profitable in Just 2 Years

Despite its immense popularity around the world, web-based music streaming service Deezer has yet to turn a profit. But according to an interview on BFM business radio, that’s about to change.  Deezer’s managing director Alexis de Gemini, when asked when the service should be profitable, said that the company is aiming to be profitable in […]

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A Closer Look At Apple Music’s Latest Moves…

DMN zooms in on what Apple Music has been up to lately, and what this means for artists and fans… Healthy Subscriber Growth. Apple Music launched on June 30th, 2015.  The streaming platform announced hitting 6.5 million subscribers on October 20th, 2015.  It then jumped to 10 million subscribers by January 10th, 2016, and the streaming platform most […]

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The Latest Apple Music Exclusive Is Coming From…?

The latest Apple Music exclusive is coming from… A week ago, Rapper Travis Scott posted an Instagram picture of himself and Apple Music’s Head of Content, Larry Jackson. The image was captioned ‘done deal’, which quickly led to speculation of an Apple Music exclusive. These reports have now been confirmed by Travis Scott. In a […]

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Apple Music Makes Another Update To Its Streaming Service

Apple Music brings you iTunes match… According to The Loop, Apple is now using iTunes Match audio fingerprint for its streaming service. The new version is meant to be a more accurate way to match songs than the previous metadata matching system that was used. The reports suggest that the iTunes Match that is newly available […]

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Apple Music Proposes Increased Songwriter Royalties; Can Spotify Survive?

Apple Music plans to significantly increase songwriter royalty rates. That could be a genius move. In a recent proposal to the US Copyright Royalty Board, Apple suggests that the royalty rate for publishers should be set at 9.1 cents per 100 streams of a song.  Though an Apple Music official confirmed these reports, the filing […]

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Guess Whose Song Apple Music Has Bagged As An Exclusive…

Katy Perry releases latest single ‘Rise’ on the streaming platform just in time for the Olympics… Apple Music’s latest artist exclusive comes from Katy Perry, with her latest single ‘Rise’.  The song will be used as an anthem before and during the Rio games, and Perry said that releasing the track now was perfect timing. In a […]

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How Spotify and Apple are winning a blockbuster war against YouTube

The biggest songs in the world are now far more popular on audio servicesThe post How Spotify and Apple are winning a blockbuster war against YouTube appeared first on Music Business Worldwide.