Spotify: It’s not just for music streaming anymore. The hugely popular streaming app announced on Wednesday that it will add video streaming to its library of content in a bid to compete with YouTube and other popular video streaming sites. In its announcement, Spotify said that it had already signed up several partners to deliver professional video content, including Comedy Central, Vice News, ABC, BBC, ESPN, Elite Daily, and TED. At the moment, it seems that these content providers will only be delivering video clips of shows, although it’s possible they’ll allow for streaming full episodes in the future. More →
Tidal subscribers who attended Jay Z’s private concert on Saturday night were treated to the latest chapter in the saga of Tidal vs. the world. The rapper’s new streaming music service has come under fire since its debut. While Jay Z believes the wave of criticism is linked to an “organized smear campaign” being carried out by a number of large companies, others posit the service’s position as a haven for upcoming indie musicians is in stark contrast with the image it created by parading around a bunch of multimillionaires to promote it.
Regardless, Jay Z on Saturday took the fight straight to the competition when he called out the big boys of the music streaming business on stage during his concert this past weekend. More →
It seems that Apple is getting part of its wish and Spotify will at least severely restrict users’ ability to stream songs for free. Digital Music News’ sources claim that Spotify is planning to limit users’ ability to stream music for free to just three months. After this, they’ll have to pay a subscription fee to continue having unlimited access to the service. More →
Tidal seemed like a service with such promise, but a botched launch caused the iPhone app’s popularity to plummet soon after it was released. Jay-Z’s music service was supposed to be a haven for music fans and artists alike, giving fans access to higher-quality premium tracks while ensuring that artists — independent artists in particular — make more money in the process. Then, to promote Tidal to the world, the service paraded around a bunch of multi-millionaires no one wants to support.
But forget everything you’ve read in the media and forget the fact that even Kanye seems to think the service is doomed, because Tidal now has some support from just the type of people it needs to begin vocally supporting it: Independent artists. More →
Hurricane Apple is coming after Spotify, but the beloved music streaming app seems to have a plan to weather the storm. First, per The Verge, Spotify has announced a major media event for May 20th. The press invite doesn’t hint at any details about what Spotify will announce but it is worth noting that this announcement is slotted to happen before Apple is expected to unveil its big new Beats Music relaunch in June. More →
Apple is reportedly preparing to launch a new and improved Beats Music service, and the impact could be felt throughout the industry. In fact, there have been rumblings for months now that Apple is trying to convince music labels to eliminate the free streaming tier on services like Spotify.
It indeed feels as though we’re on the cusp of some serious change in the streaming music market, but Spotify is apparently going to do everything it can to attract new business before Apple unveils its revamped streaming service next month. And to help move things along, the company is now offering a killer deal. More →
When I heard that Apple was pressuring record companies to effectively kill Spotify’s free streaming tier this morning, I’ll admit I was surprised. Not because I think Apple is some altruistic good guy, of course, but more because Apple is normally much smarter when it comes to going after competitors. More →
When Apple finally relaunches Beats Music later this year, it’s going to have to compete with some of the most popular streaming services on the market, including the seemingly omnipresent Spotify. But Apple knows it’s going to be an uphill battle, which is why we’re inclined to believe a report from The Verge claiming that Apple is trying to convince music labels to force Spotify to drop its free streaming tiers altogether prior to the debut of Beats Music. More →
The music industry is in turmoil right now. Revenue is drying up at an alarming pace and the big names in the industry are doing everything they can to regain the sales that have been lost due to piracy and the advent of music streaming services. How far are music labels willing to take things to reverse this ongoing downward trend? According to one music industry insider who is certainly in a position to know, free streaming tiers from services like Spotify and YouTube may soon be eliminated, forcing users to pay if they want access to new music. More →
When Apple acquired Beats Music for $3 billion last May, it instantly became the company’s most expensive purchase ever. While the dollar amount involved in the deal might have raised some eyebrows, the acquisition target certainly did not.
With streaming music sites like Pandora and Spotify still gaining in popularity, Apple’s need to get into the streaming music business abundantly clear. And given the tepid product that was iTunes Radio, Apple arguably had no other choice but to go big and bring on an established music-brand if it ever wanted to truly compete with the likes of Spotify.
In case anyone is still wondering why Apple doled out $3 billion for Beats Music, all one has to do is look to the immense success and growing popularity of Spotify. Just this week, Kendrick Lamar’s new album, To Pimp a Butterfly, set a new Spotify record for the most streams in a single day, 9.6 million to be exact. Notably, the 9.6 million figure only includes songs that were listened the whole way through.
Indeed, Spotify records have come crashing down at a rapid clip in recent memory. In February, for instance, Drake’s latest album, titled If You’re Reading This It’s Too Late, amassed 17.3 million streams over the course of the month, setting a new monthly Spotify record in the process.