Share this postPlatform & StreamStreaming Music’s Biggest Holdouts Are Caving In; How Amazon's Echo Is Making Major Labels Rethink Their TunesCopy linkFacebookEmailNotesMoreStreaming Music’s Biggest Holdouts Are Caving In; How Amazon's Echo Is Making Major Labels Rethink Their TunesPlatform & StreamJun 20, 2017Share this postPlatform & StreamStreaming Music’s Biggest Holdouts Are Caving In; How Amazon's Echo Is Making Major Labels Rethink Their TunesCopy linkFacebookEmailNotesMoreShareEven with the economic model still uncertain, more artists are realizing they have to get on the streaming bandwagon or face irrelevance.From interactive gaming to the rise of voice-controlled devices, Meeker's annual report lays out a compelling blueprint for where the music industry should be looking and investing.The average amount of money being paid for an annual Spotify subscription has fallen by more than US $30 since 2013. According to Spotify’s latest annual report, its subs revenue rose by over $1bn in 2016 – up 52% year-on-year to €2.64bn ($2.9bn).China’s millennials are spending US$5 billion on phone-based entertainment, a revenue that almost equals to the country’s movie box office.As voice-activation technology from Amazon, Google and Apple goes mainstream, labels are looking to adapt to -- and capitalize on -- the latest frontier.The latest app from Novation (Ampify) adds a drum machine and synths - and makes it uncommonly easy to get started. But there are advanced features, too.Music downloading is far from dead, according to a just-released study. But why are these people not moving on to streaming?Eventbrite just announced a new Spotify integration that will promote its events to users based on their listening preferences and location. The recommendations will appear in an artist’s...Customers of US carrier Sprint are in luck, too.PreviousNext