Kobalt’s songwriters got more money from Spotify than iTunes in Q1

Publisher Kobalt announced that for the first time, its writers received greater royalties from Spotify than from iTunes. During the first quarter of 2014, Spotify royalties in Europe were 13% higher than those earned from iTunes downloads in the region. We’re still a long way from declaring victory for the streaming financial model, since this change has only been observed in Europe for Kobalt’s stable of about 6,000 songwriters and artists. However, Spotify’s first success over the long-dominant Apple-owned store is still a notable milestone. Continue Reading


Rumor Fact(ory): Apple could incorporate Beats into iTunes by next year

Unnamed sources told the Wall Street Journal that worldwide music sales from the iTunes Store fell 13%-14% since the start of 2014. A single individual also told WSJ that Apple is in the process of rebuilding Beats Music and will relaunch the service next year as part of iTunes. There hasn’t been any formal word from Apple about its plans for Beats, but that hasn’t stopped the rumors from swirling about their joint future. Continue Reading