Spotlight on China: How long will Tencent stay in control?

China is in position to be the next center of international music deals, according to a profile in the Financial Times (paywall). The publication cited data from iResearch claiming that China could see its paid online music market grow 59% this year, reaching about 3 billion renminbi ($455 million). Tencent was responsible for 78% of the Chinese market in 2016, and that dominance has allowed the conglomerate to secure licensing and copyright deals with several of the larger western music businesses. Continue Reading

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Apple drops out (and here’s why) as smart speakers enter crucial holiday season

The news that Apple has withdrawn its timetable to launch the HomePod smart speaker this year is a final buttoning down of the holiday lineup of smart speakers, as we enter Black Friday week. The broken promise of a Q4 launch is certainly disappointing to Apple loyalists who are deep into the ecosystem. Was the HomePod squeezed out of its market position by a surprise maneuver by Sonos? Continue Reading