Share this postStreaming Won’t Kill the Radio Star; Apple, Spotify are Generating $7 Billion a Year in Streaming Music Revenueplatformstream.substack.comCopy linkFacebookEmailNoteOtherStreaming Won’t Kill the Radio Star; Apple, Spotify are Generating $7 Billion a Year in Streaming Music RevenuePlatform & StreamDec 07, 2016Share this postStreaming Won’t Kill the Radio Star; Apple, Spotify are Generating $7 Billion a Year in Streaming Music Revenueplatformstream.substack.comCopy linkFacebookEmailNoteOtherShare40 million songs are available on Google Play Music today. It's easier now than ever to listen to your favorite songs and artists on a number of devices, from your phone to your smart TV to your smart speakers, and these companies hope to profit off that experience.YouTube, defending itself from attacks by record labels and artists, said it passed on more than $1 billion in sales to the music business in the past 12 months.In an industry known for disruption, it should come as no surprise that music streaming services are pushing the boundaries of technology to create exciting possibilities for listeners.In what looks to be the first of many streaming music price wars, Google has increased it's free trial period and Spotify has responded.For many people, music is what’s on the radio, and for some, music is therapy, a drug, and life itself. When someone asks what music means to me, I’m tempted to say that it’s everything, but that’s…The rise in popularity of Beats 1 and independent stations like Rinse, NTS, and Radar shows just how much we still desire a human touch over algorithm-curated playlists.Spotify, one of Europe's most valuable tech start-ups, could start to become profitable as early as next year.60 million subscribers a year.A YouTube executive now says the company paid the music industry $1 billion in the last year alone. So why all the whining?You won't need the Sonos app anymore to listen to Spotify on your Sonos speakers.PreviousNext