Apple Music has 30 million subscribers, plans to convert many more

Apple Music has surpassed 30 million subscribers. That’s the top-line takeaway from Billboard’s recent conversation with the streaming service’s leadership. Jimmy Iovine, Zane Lowe, and Larry Jackson sat down with the publication to talk about their strategy for attracting even more paying listeners and expanding into all sorts of new exclusive content. Continue Reading


Apple reportedly renegotiates lower payments to Warner

Apple has reportedly inked a new licensing deal with Warner Music Group. Unnamed sources told Bloomberg that the updated arrangement will see Apple paying a smaller share of its revenue. The tech company may also be near to a similar deal update with Sony Music Entertainment, although does not appear to have progressed in talks with Universal Music Group. Continue Reading


Apple posts record high services revenue in Q3 2017

Apple’s Q3 2017 financial results contained some surprises, including on-year revenue spikes in several segments. The services division, which includes Apple Music subscriptions and other digital content, posted a record high revenue of about $7.27 billion. CEO Tim Cook said the results marked “an all-time quarterly record for services revenue.” Continue Reading


Apple discontinues two iPod products as smartphones continue to rule mobile music

Apple’s mobile devices have been keystones of its product family for much of its present-day business. In 2017, we are seeing the shifts in where Apple is putting its resources and what it views as trends for music, where the company has long worked to position itself as a leader. First, this year marked the 10-year anniversary of the iPhone. Second, Apple has discontinued both the iPod Nano and iPod Shuffle. Continue Reading