How Mobile Apps Drive the Music Industry; Why Streaming May Predict the Next Country Stars

How Mobile Apps Drive the Music Industry — www.itproportal.com 
 The music industry must take advantage of mobile-first strategies to stand out in a crowded marketplace.

Chinese Media Giant to Buy Karaoke App Musical.ly for $800 Million — www.bloomberg.com 
 Beijing ByteDance Technology Co., the company behind giant Chinese media startup Jinri Toutiao, has acquired buzzy teen social video app Musical.ly for about $800 million, according to people familiar with the deal.

Deezer Wants To Expand Your Catalog on Cheddar — cheddar.com 
 While Apple Music and Spotify focus on the latest and greatest in mainstream music, Deezer CEO Hans-Holger Albrecht says his company focuses on curating a locally-sourced music library.

Buy Taylor Swift’s “Reputation” on CD. She demands it. — qz.com 
 Increasingly unloved and abandoned in the age of instant music streaming, the compact disc has been dying a miserable death. Taylor Swift, of all people, is here to bring it back.

Spotify and Deezer among platforms to join new Digital Music Europe alliance — www.musicweek.com 
 DME will showcase and promote the success of the European digital music industry.

Why Streaming May Predict the Next Country Stars — www.rollingstone.com 
 How streaming platforms like Spotify and Pandora are helping predict the next generation of country stars.

SiriusXM Posts Earnings of $183 Million Third Quarter — www.billboard.com 
 Liberty Media, the company controlled by billionaire mogul and chairman John Malone that houses such assets as satellite radio company SiriusXM Radio, the Atlanta Braves baseball club and the Formula One racing circuit, on Thursday reported its third-quarter financials.

Pandora’s Loss Is Sirius XM’s Gain — musicindustryblog.wordpress.com 
 Pandora is in trouble, as explained by the consistently excellent Tim Ingham at Music Business Worldwide, after losing a billion dollars over the last four years and monthly active users (MAU) fell to 73.7 million — its lowest point since Q1 2014. Regular readers will know that I’m a long-time advocate of Pandora’s model. Indeed,…

Spotify data glitch sees label playlists’ follower counts fall — musically.com 
 A technical error has led to a drop in the follower counts for a number of Spotify playlists, but the streaming service says it is correcting the problem.

Streaming services helping Americans listen to more music — techaeris.com 
 The US streaming music market is the largest in the world, driven by Spotify’s 38 percent subscriber base. The average US music listener enjoys 35.7 hours.

The iPod Shuffle for Spotify can actually shuffle your songs now — www.engadget.com 
 Mighty is basically an iPod Shuffle for offline Spotify playback, but when I reviewed it over the summer it was missing that namesake feature. Well, not anymore…