Billboard is set to unveil 2015’s official Song of the Summer next week. We’ve been keeping up with the contenders on Billboard’s Songs of the Summer chart, and you’ll soon get to see what dominated the past three months the most….
Why Profit Isn’t An Issue For Apple Music
Apple Music may not be showing much of a profit, but Apple has always primarily been a hardware company, and has a history of operating many of its services, like iTunes, at a loss. Here we look at Apple’s long-term strategy, and why it works for them….
StubHub Drops All In Pricing As Promised “Ticketing Revolution” Fails To Materialize
When Michael Rapino took over Live Nation, he promised a revolution in ticketing; and when he acquired Ticketmaster, one almost believed that it would happen. Along the way, a group of digital ticketing upstarts also promised to change the system. But it appears that in ticketing, old habits die hard….
UMG Poised To Settle Major iTunes Royalty Case With Artists
Universal Music Group ‘shortly’ expects to settle a major US class action lawsuit with a group of artists, having made a significant offer of monetary compensation….
Universal Hits Historic Digital Tipping Point As Streaming Jumps 34%
It’s a big day for Lucian Grainge: Universal Music Group’s recorded music revenues grew 15.2% in the first six months of 2015 – as a boom in streaming income transformed it into a truly digital-first enterprise….
Beatlemania Returns to Canada: This Time, in Public Domain, Spurring Fight
In early February, a half century after The Beatles created a frenzy upon North American shores, Love Me Do became the top-selling CD at Walmart stores in Canada. The reason why might be partly tied to Canadian copyright law. Until recently, sound recordings were only protected for 50 years. As a result, early ’60s recordings by The…
Sony Reaches Settlement to Resolve Class Action Over Hacked Employee Data
Attorneys for a proposed class action against Sony Pictures over a large hack attack have revealed in court papers filed on Wednesday they have reached an agreement in principle to resolve the dispute….
Technics Is Making Turntables Again
Just like the music format it exists to play, the once-discontinued turntable wing of Technics (rumors of its shuttering began five years ago) is set to rise again, with a redesigned line of platters….
Hulu Announces Ad-Free Streaming Option
Video-streaming company Hulu is introducing an ad-free version of its subscription service for $4 extra a month as competition for streaming customers heats up….
Universal Music Group Earnings Climb 7 Percent in First Half of Year
Led by gains at streaming services, Universal Music Group’s revenues rose 3.1 percent, to €2.3 billion, in the first half of the year. Without taking into account changes in foreign currency exchange, revenues were up 15.4 percent….
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