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YouTube boosting Alphabet to $26 billion Q4 revenue

YouTube is making contributions to the bottom line at parent company Alphabet, according to the tech firm’s fourth-quarter earnings report. “Our growth in the fourth quarter was exceptional — with revenues up 22% year on year and 24% on a constant currency basis,” CFO Ruth Porat said. “This performance was led by mobile search and YouTube.” eMarketer added its own assessment of the Alphabet numbers. Continue Reading

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MusicWatch time spent listening data sees Pandora in the lead for 2016

MusicWatch sent RAIN News a pre-release note with results of its 2016 ‘Music Streaming Wars’ study, and found that Pandora was had the largest share of weekly music listening at 28%. YouTube took second place with a 27% share. Both of those figures include the audio companies’ free and paid tiers. Continue Reading

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BandPage shutters features as YouTube integration continues

BandPage announced several upcoming changes to its feature set as part of its acquisition by YouTube earlier this year. The video platform bought the direct-to-fan service in February. Starting March 1, 2017, several core features of the BandPage service will be discontinued, including Bandpage.com public-facing profiles and the BandPage store and events. Continue Reading

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Changes of heart: Metallica is on Napster, Radiohead is on Spotify

Metallica is out with a new album and the band has gone an unusual route with distribution. Hardwired… To Self Destruct has been released on most of the usual digital outlets, but it is also on YouTube in its entirety. Metallica’s adoption of streaming distribution contradicts the band’s earlier resistence, and contains some irony. Then there is Radiohead, once a hold-out, which is now streaming on Spotify. Continue Reading

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U.S. music industry calls for support of EU law to address “value gap”

The U.S. music industry is petitioning its European counterparts to make copyright reforms that would address royalty payments made by online music distribution services. Several music industry organizations signed an open letter about the value gap in services that do a great deal of user traffic but make comparatively small royalty payments. It asks U.S. government representatives in Europe to support Article 13 of the Copyright Directive proposed by the European Commission. Continue Reading