Insiders say Apple is in talks for a proposed $3.2 billion acquisition of Beats Electronics, which would provide Apple with Beats’ headphone business and recently-launched subscription music service. Although Apple disrupted the music business when it launched iTunes in 2003, it has recently faced declining download sales as consumers increasingly turn to subscription services. If the Beats deal goes through, it would be Apple CEO Tim Cook’s boldest and most expensive acquisition to date. Continue reading Apple Reportedly Getting Ready to Spend $3.2 Billion on Beats

At Digital Entertainment World, Jake Katz and Amrit Singh of Revolt TV discussed how they are reaching their millennial peers. Curation is key, said Amrit. For news, his goal is to be first, right, and “identify the relevant narrative.” Although they call themselves a cable network, they have a large bicoastal (LA, NYC) staff working on Twitter, Instagram, Tumblr and other social media in real time during the broadcasts. Millennials prefer phones and tablets; 34 percent of the Revolt TV audience won’t watch a television screen. Continue reading Digital Music and File Sharing Addressed at DEW Conference

Similar to how CD sales gave way to download sales, digital downloads are now giving way to on-demand music streaming. But despite their surging popularity, streaming services such as Pandora and Spotify are having a difficult time getting their listeners to pay for subscriptions. The overwhelming majority of subscribers would rather put up with ads for the free version than shell out money for unlimited, uninterrupted music. Continue reading Streaming Music Services Struggle to Recruit Paid Subscribers

Music downloads are on the decline, and many music executives agree that streaming services like Pandora and Spotify are likely a major cause. So far, 2013 has seen 1.01 billion track downloads in the U.S. — four percent less than this time last year. Album downloads are up two percent, however, bringing the total downfall to one percent. Streaming services, meanwhile, have seen a revenue increase of 59 percent since last year. Continue reading Music Downloads on the Decline Thanks to Streaming Services

Craig Mundie, senior advisor to Microsoft’s CEO, is proposing that a form of digital rights management can be used to secure personal data. He believes it is vital, since people do not currently have a method to ensure that the data they share will not be misused. However, DRM has been ineffective at preventing some illegal copying of media files. And many companies may oppose the idea as they require access to personal data for their businesses. Continue reading Microsoft’s Mundie Sees DRM as Protection for Personal Data

The London School of Economics and Political Science (LSE) has released its “LSE Media Policy Project Brief” as a policy analysis of the digital media industry. It counters claims that media industries’ revenues are in overall decline, points to successful new businesses that are based on sharing, and questions copyright enforcement efforts. The brief also makes recommendations that the British government should halt the Digital Economy Act of 2010. Continue reading Report: LSE Recommends More Collaborative Digital Culture

We recently reported that Amazon has announced a new program called Kindle Matchbook that allows book enthusiasts to buy electronic versions of books that they have already purchased in print. In many cases, the program will allow customers to pay less than what they typically would for a standalone Kindle book. Customers will pay $2.99, $1.99, $0.99 — or nothing — for an electronic book they have already purchased in print. Continue reading Build Print and Digital Book Libraries with Kindle MatchBook

Amazon unveiled its latest Kindle e-reader this week, an updated Paperwhite with improved front-screen lighting, greater contrast, more responsive touch panel and faster processor. Software updates will include integration of book recommendation site Goodreads, which the company purchased earlier this year. The new device is available for preorder for $119 — or $139 without ads — and will ship later this month. The $189 3G version will be released on November 5th. The online retailer also announced a program for buying discounted e-books. Continue reading Amazon Updates Kindle E-Reader Line with New Paperwhite

In the era of online streaming music, many bands and musicians have formed their own labels in order to maintain control, resulting in both risks and benefits. As a result they may lose traditional industry support, but gain more artistic and business freedom. The Internet is seen as an equalizing force that provides musicians with new ways to engage with their fans and distribute their own music. However, it remains to be seen if this model is sustainable. Continue reading Will Independent Musicians Survive in Streaming Music Era?

New details have emerged on the Pono music player, musician Neil Young’s music device that intends to play music closest to its original recording quality. The device is expected to be available later this year, and will play all music formats. To play the maximum quality, music must be played on the device itself that will be offered from an online music store. Thousands of albums have been processed to offer the highest quality for Pono. Continue reading Pono Music Player Takes on Problems of Compressed Audio

Sony and Panasonic announced yesterday an agreement to team up on developing standards for a next-generation optical disc that can hold more than 300 gigabytes of data (six times the capacity of Blu-ray discs). The companies are hoping to develop the new storage medium by 2015. Once fierce rivals, the two electronics leaders also recently unveiled plans to work together on mass production technology for organic light-emitting diode displays. Continue reading Sony and Panasonic Join Forces on Optical Discs and OLED

Universal Music is developing a crowdfunding service that will support limited-edition releases of out-of-print vinyl records. The Vinyl Project aims to bring back rare and deleted records from Universal’s back catalog. CMU reports that releases currently being considered for availability to funders include “ABC” by The Jackson 5, Björk’s “Biophilia,” “Goodbye Yellow Brick Road” by Elton John, “His N Hers” by Pulp, Def Leppard’s “Hysteria” and “Disraeli Gears” by Cream. Continue reading Universal’s Crowdfunding Effort to Save Out-of-Print Vinyl

Lesser known musicians and indie bands can find an audience today with the help of online services such as Pandora, Spotify and iTunes, while leveraging the marketing power of social networks including Twitter and Facebook. Yet this disruption to music distribution and promotion does not hold true of live performances. Big name music acts continue to dominate while niche, indie acts receive a very small share of concert revenue. Continue reading Disparity Between Indie Music and Superstar Concert Revenue

For those who purchase the newly released “Man Of Steel: Original Motion Picture Soundtrack” limited deluxe edition CD, a unique feature joins Hans Zimmer’s musical score. The deluxe edition includes an access code to download the Z+ Music app for iOS devices that allows users to play the soundtrack in 11.1 channel surround sound using any headphones, including earbuds. The free Z+ app will soon be available to Android users. Continue reading Music App Plays Man of Steel Soundtrack in Surround Sound

At its annual developers conference in San Francisco today, Apple is expected to unveil its ad-supported streaming music service. The company is also expected to introduce new Mac notebooks and a redesigned iOS featuring a simpler interface. Apple’s new Internet radio service will compete with online music services such as Pandora, Rdio and Spotify. The move into streaming music could also help it compete with rival Google, which has been successful with robust Internet services. Continue reading Apple Expected to Unveil New Streaming Music Service Today