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IFPI 2016 report sees global streaming revenue up 60.4%

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The IFPI published its annual global music report reflecting on the industry’s 2016 performance. Global revenue increased 5.9% to $15.7 billion. Digital revenue rose 17.8% to $7.8 billion, enough that it now has a 50% share of the global music industry’s total. “If the digital market continues to grow, so too will the overall level of remuneration to artists, as will the levels of overall investment required to create new music whilst helping to drive digital innovation,” IFPI CEO Frances Moore said. Continue Reading

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AdLarge restructures digital team with four promotions

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AdLarge Media announced a restructuring of its digital team. Four of its team members have been promoted to new positions within the company. “With our accelerated growth in the digital audio space, particularly with podcasts, we are fortunate to have the high caliber of professionals on our team to guide and advance our digital success,” AdLarge Co-CEO and Co-founder Cathy Csukas said. Continue Reading

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Neil Young announces Xstream, continuing his odd Pono Music journey

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Neil Young is continuing his long, somewhat perplexing journey into the music tech business with the launch of a new high-definition streaming platform called Xstream. Young announced at the end of 2016 that he would translate his Pono Music into a streaming service. Xstream appears to be the result of that plan and of some critique about the original product. Continue Reading

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James Cridland’s Future of Radio: Upload Radio launches, Apple renames podcasts (kind of), UK calls election

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by James Cridland

James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: Apple rebrands its podcast platform. The UK’s upcoming election. The launch of Upload Radio. Much more from around the world of radio and audio. Continue Reading