Share this postPlatform & Stream43% of Music Revenues via Streaming in '17; J. Cole Breaks Drake's 24-Hour Streaming Record on Apple MusicCopy linkFacebookEmailNotesMore43% of Music Revenues via Streaming in '17; J. Cole Breaks Drake's 24-Hour Streaming Record on Apple MusicPlatform & StreamApr 24, 2018Share this postPlatform & Stream43% of Music Revenues via Streaming in '17; J. Cole Breaks Drake's 24-Hour Streaming Record on Apple MusicCopy linkFacebookEmailNotesMoreShareStreaming services and their subscription revenue has saved the music business, according to a new music industry report, which notes that 2017 was the third consecutive year of revenue growth — again, thanks to digital music consumption.There is an enduring fear in the music industry that artificial intelligence will replace the artists we love, and end creativity as we know it.In the backdrop of Spotify becoming a publicly traded company, streaming is working for a majority of stakeholders in today’s music industry.A month after Spotify's launch in Israel, the streaming service is finding its footing.Create Music Group (CMG) has grown from a YouTube collection specialist into a profitable 75-employee force with tentacles in a range of overlooked opportunities in the music business, from mixtape monetization to video-content creation beyond official music videos.With his album KOD garnering 64.5 million streams in its first 24 hours in the U.S., J. Cole set a new record on Apple Music for most album streams in 24 hours, eclipsing Drake's Views by almost a million streams.Revenues at U.K. collection society PRS for Music topped $1 billion for the first time in its 104-year history in 2017, rising 12.7 percent on a constant currency basis to total £717 million.2018 is the year of blockchain: the fledgling technology promises transformation across all industries, from healthcare to finance. This week alone, new blockchain projects have been announced by…The Association of Independent Music, a U.K. trade body representing hundreds of indie labels, artists and start-ups, has teamed with digital piracy watchdog Muso to give its members access to tools for monitoring and taking down unlicensed content from the internet.Music streaming has a vexing data problem, but Spotify believes it has a way to help fill in some of those info gaps across its 30 million songs.The Day 6 music panellists share their most memorable quests for elusive vinyl records, from obscure movie soundtracks to long-forgotten cover songs.Apple Music is establishing a beachhead in Nashville, as 13-year Apple veteran Jay Liepis relocates to Music City to head up a new office.PreviousNext