Apple Music Subscribers Hit 50M; SoundCloud Revenues Up 80%; The New Radio 2; SoundRoyalties Opens Nashville Office

During Apple's quarterly conference call, the iPhone maker reported its highest quarterly music revenue ever thanks largely to Apple Music, while its overall services business grew leaps and bounds.

Launched on 7 October 2008, Spotify monetizes its music through advertisements in addition to selling music subscriptions.

Roger Lynch, who has served as CEO of Pandora since August 2017, will be stepping down from the company, according to a press release. The news comes as Pandora stockholders approved the company’s $3.5 billion acquisition by SiriusXM, which was first reported in September.

Technology is transforming the business of music videos along the axes of aesthetics, delivery and monetization—with artists like Ariana Grande, Kanye West, Tierra Whack and Chantel Jeffries already moving the needle.

SoundCloud, the Berlin-based music streaming platform, made good on its promise to bring in more than $100 million for the 2017 calendar year, according a filing with UK Companies House this week. According to the filing, SoundCloud’s global revenues hit $102M in 2017. That’s an increase of 80% over the...

What does a music industry look like in a post-fan, post-genre, post-streaming world? The Orchard co-founder Scott Cohen unveiled his disruptive technology-powered vision at European music conference Eurosonic Nooderslag.

Blockchain has been attributed with the ability to bring such a significant amount of progress in many enterprises. Anything that handles digital information, contracts, cash, and transactions could discover applications for this technology.

BBC Radio 2's new schedule has got off to a flying start. But, while most of the media attention has focused on the presenter line-up, there have also been changes to Radio 2’s music policy.

While the TV, newspaper, and motion picture industries are being disrupted, radio may be dodging the digital bullet.

Sound Royalties has added a Nashville location. To oversee the expansion of the music industry specialty finance firm, Sound Royalties’ CEO and Founder Alex Heiche is now operating full time out of Nashville.

Los Angeles-based indie startup Create Music Group unveiled a new function on Monday for its distribution platform that allows clients to access streaming revenue figures from YouTube, Apple Music/iTunes and Spotify on a daily basis.