Share this postSony Overhauls Legacy Label to Adapt to Streaming; SoundMachine, Napster Partner for Expanded Music Subscription Service for Businessesplatformstream.substack.comCopy linkFacebookEmailNoteOtherSony Overhauls Legacy Label to Adapt to Streaming; SoundMachine, Napster Partner for Expanded Music Subscription Service for BusinessesPlatform & StreamMar 28, 2018Share this postSony Overhauls Legacy Label to Adapt to Streaming; SoundMachine, Napster Partner for Expanded Music Subscription Service for Businessesplatformstream.substack.comCopy linkFacebookEmailNoteOtherShareSony Music is overhauling its catalog-focused Legacy label to adapt to changes streaming has presented, a source tells Variety.Ahead of its IPO, the streaming service offers its first-ever guidance: Revenue, subs, margins will be up, operating losses will go downVNUE will be recording the upcoming U.K. run from the roots, blues and soul-infused act The White Buffalo, a.k.a. songwriter Jake Smith, and making them available for download instantly via VNUE's set.fm mobile content delivery app and website. The service blends SoundMachine’s music subscription service for businesses with Napster’s music programming technology and catalogue.According to the International Federation of the Phonographic Industry, in 2016 the global music industry grew by 5.9%. Digital revenue accounted for 50% of the global music revenue and digital revenue grew by 17.7%.The latest in music and technology from The World's Most Popular Podcast with Alan Cross and Michael HainsworthYoung’s soundtrack to the Netflix film, which was directed and written by his partner Daryl Hannah, will be released FridayMUMBAI (NewsRise) -- Reliance Industries deepened its foray into entertainment by purchasing a stake in Indian music streaming service Saavn, a move tThe good news for Spotify is that its churn rate is steadily decreasing, even as its user growth continues to outpace those of Apple Music and other rivals.A local company is using cutting-edge technology to take music lovers behind the scenes at the long-...SiriusXM announced today that LL COOL J will launch his new SiriusXM classic Hip-Hop channel on March 28 entitled LL COOL J's "Rock the Bells Radio."While both services have made the majority of their revenues off subscriptions, revenue growth opportunities for subscriptions are slowing as the market becomes more saturated.GRAMMY-nominated singer, songwriter and actress, Janelle Monáe, kicks off Black History Is Happening Now campaignPreviousNext