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Amazon has “tens of millions” of paying music customers, as smart speakers drive subscription growth

Things are looking good for Amazon’s musical efforts these days. Amazon is amassing a growing music audience that now numbers “tens of millions” of paying customers, while its Amazon Music Unlimited program has more than doubled its subscriber count in the past six months. The success of smart speakers and a growing number of Prime membership subscribers have been the main factors in Amazon’s music audience expansion, according to a top exec. Continue Reading

Consequence of Sound launches podcast network, partners with Adlarge’s cabana

Consequence of Sound, a music news blog, has made two moves into building out its in-house audio content business. First, today the company announced the launch of the Consequence Podcast Network. In addition, AdLarge has told RAIN News that its digital audio division cabana entered a podcast advertising sales partnership with Consequence of Sound. Continue Reading

Sony’s Legacy label staffs for streaming

As the latest research will confirm, streaming is the dominating force for music industry revenue. That shift has led to changes in how labels and music companies dedicate their resources. Sony’s Legacy label is the latest to embark on its own digital transition. Legacy focuses on the catalog business, which includes digital remastering old recordings and producing other reissues. Continue Reading