BandLab Nabs Airbit; Spotify Tests More Social Experiences; Dr. Dre Classic Back to Streaming; Universal + TIDAL
1635 | Your Daily Dose of Music Streaming News
It’s been quite a week thus far! The music streaming news has been coming in fast and furious. I had to add a few extra stars today! 😀
⭐️ BandLab Technologies announced acquisition of Airbit
“BandLab is best positioned to take it to the next level,” says the CEO of Airbit
⭐️ Spotify’s test of a Friends tab on mobile hints at expanded social ambitions
Spotify’s success with Wrapped, its year-end review, designed for social sharing, may be pushing the company toward building more social experiences directly into its mobile app. The company for many months has been testing different iterations of a “friends activity” tab on its mobile app, and investors have now taken notice.
⭐️ Universal partners with TIDAL to develop ‘more artist and fan-friendly’ streaming model
For the past three weeks, the music industry has been pondering Sir Lucian Grainge‘s thoughts on potential alternative streaming payout models.
⭐️ Dr. Dre’s ‘The Chronic’ Celebrates 30th Anniversary, Returns To Streaming
The album was first released on December 15, 1992, via Death Row Records/Interscope.
⭐️ What are Music NFTs and Why You Should Be Paying Attention
For music fans, think of it like you would a record collection. You can build up your stash, knowing that if that band you love and collect blows up (for me that band was Nirvana in the 90s) your records will all of a sudden give you social currency. They can give you real currency too, because all of a sudden they have more value.
⭐️ Spotify wants 50M creators by 2030. BandLab already has 60M.
BandLab is a music creation platform that offers a suite of tools for creators to “make music, share their music with fans, earn a living, and even top the charts”.
This week, the Singapore-headquartered firm confirmed to MBW that it now boasts over 60 million registered creators on its service, up from the 50 million milestone that it surpassed in June last year.
⭐️ Apple Music launches Rihanna’s Road to Halftime ahead of Super Bowl LVII
Experience Rihanna’s incredible music catalog like never before with Spatial Audio, sing along with Apple Music Sing, tune in to Apple Music Radio for expert music commentary, and don’t miss the official Apple Music Super Bowl LVII Halftime Show Press Conference on February 9 at 10 a.m. MST
SoundCloud renews US advertising partnership with SiriusXM’s sales force
Hipgnosis acquires TMS catalogue including share in streaming super-hit Someone You Loved
Warner Music Group gets persistent on Roblox with Rhythm City
MusicLM: Google’s new AI tool can turn text, whistling and humming into actual music
Spotify is first music streaming service to surpass 200M paid subscribers
Sony Music expands ‘Beyond The Instrument’ initiative to the UK
Spotify’s third-party billing option has now reached over 140 global markets