Brief news items and worthy reads from around the web: Research into YouTube’s music industry influence; Apple launches Giphy channel; NPR interview on corporate sponsorships; MP3s are dead. For real. Continue Reading
Apple has posted its Q2 2017 results. Quarterly revenue for the tech giant totaled $52.9 billion, up from $50.6 billion in the year-ago period. Apple does not break out any of the financial details for its streaming music platform, but that product is included in its Services arm along with revenue from any of its digital content. Continue Reading
Brief news items and worthy reads from around the web: An Apple Music interview on its video future; ongoing FM shutdown in Norway; mobile leading digital ad spend. Continue Reading
Apple has partnered with mobile social/video platform Musical.ly in a new marketing deal. Under this arrangement, Apple Music will be a supplier of the song snippets that Musical.ly users can pick to soundtrack their video clips. Continue Reading
Apple Music is launching a new project called Up Next that is designed to help promote up and rising artists. The first performer to benefit from the program is Ricardo Valdez, a rapper who goes by the stage name 6lack. Continue Reading
Apple Music made two announcements about its video plans this month. First, the platform added a live music show called House of Strombo. Second, it has secured an exclusive documentary about Clive Davis. Continue Reading
Social media juggernaut Facebook is making some updates to its Messenger app, including an upcoming collaboration with Apple Music. The deal was announced at the company’s F8 conference, although few specifics were shared. Continue Reading
Apple has hired Shiva Rajaraman to guide its video content strategy. He will reportedly be working on several different projects for Apple, which has been testing the waters with many video concepts. Continue Reading
RBC Capital Markets analyst Amit Daryanani offered some insights about Apple and its music outlook in a note to investors. By his estimates, Apple Music contributes 10% of the tech giant’s services revenue, while iTunes is responsible for 22%. Continue Reading
Apple Music has partnered with the UK’s Royal College of Music for classical music curation. The school will create playlists on a regular basis, with help from its staff and professors. The first playlist highlights works by British composers who have connections to the conservatory. Continue Reading
Apple’s flashy senior vice president of Internet software and services, Eddy Cue, gave an update on the subscription music service during the Code Media conference last night. Cue said Apple Music is now “well past” 20 million paying listeners. Continue Reading
Billboard published its Power 100 list for 2017. The ranking includes several prominent leaders in the streaming music industry from companies including Apple Music, iHeartMedia, and Pandora. Spotify Chairman/CEO Daniel Ek took the No. 1 spot. Continue Reading