YouTube to Launch New Premium On-Demand Music Service

According to inside sources, YouTube is readying a premium on-demand music service expected to launch later this year. The new YouTube offering, designed with mobile listening in mind, would be similar to a service such as Spotify, but include video. It is expected to be tiered with a free ad-supported option and a premium component that features unlimited access to a full catalog of tracks, similar to what Google offers with its All Access subscription music service. Continue reading YouTube to Launch New Premium On-Demand Music Service

Music Downloads on the Decline Thanks to Streaming Services

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

Scribd Unveils New Subscription Service for Digital Books

Scribd will now be offering a subscription service, similar to Netflix and Spotify, through which users can access the entire Scribd e-book inventory. The service will offer unlimited access for a monthly fee, and may be a challenge to larger technology companies such as Amazon, Google and Apple. The company offers its service on most platforms and devices, and hopes to offer a new model for the revenue, distribution and discovery of books. Continue reading Scribd Unveils New Subscription Service for Digital Books

Myspace Draws 36 Million Millennials, Musicians and Artists

Since last year’s official launch of the re-imagined Myspace in June, its new owners — Tim Vanderhook, Chris Vanderhook, and Justin Timberlake —  have launched iPhone and Android apps while introducing a slew of musical artists to the service. This week, Myspace announced it now has 36 million users, dominated largely by musicians, millennials and artists including photographers and designers. Through Myspace, many are finding a home for music and art discovery and streaming. Continue reading Myspace Draws 36 Million Millennials, Musicians and Artists

Microsoft Now Offers Xbox Music Service on More Devices

Microsoft is now offering its Xbox Music service on more devices and via the Web. This is an expansion of the limited compatibility that the service offered at its initial release about a year ago. It brings familiar digital music services and software into a combined, single service. Xbox Music’s new platform support comes as Google, Apple and others are entering the music-streaming marketplace, with Amazon developing its own music-streaming devices. Continue reading Microsoft Now Offers Xbox Music Service on More Devices

Pandora Believes Radio Experience Will Beat Jukebox Services

Although the streaming music market is still relatively new, there is considerable consumer demand for a digital radio-style option. While jukebox services such as Spotify and music stores from Apple and Google receive a significant amount of attention, the market for Pandora has been steadily growing. Pandora continues to promote its unique radio-style approach as a great way to enjoy music in spite of growing competition from other online services. Continue reading Pandora Believes Radio Experience Will Beat Jukebox Services

Beats Music Leans on Human Curation to Edge Out Competitors

Beats Music, a soon-to-be-released digital subscription service created by Jimmy Iovine, has a unique plan to attract subscribers and outdo competitors such as Radio and Spotify. This plan involves human curation, and while the company has declined to specify exactly how this will work, freelancers involved in the project have provided a certain amount of information. Essentially, unique playlists will be compiled by musicians, music writers and freelancers. Continue reading Beats Music Leans on Human Curation to Edge Out Competitors

Will Independent Musicians Survive in Streaming Music Era?

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?

Trend: New Audiophiles Looking for Hi-Fi Music Experience

A new trend in music among new generations is a return to the era of nostalgic vinyl LPs and high fidelity sound systems. One reason is fashion, but many are seeking a richer music listening experience. These music fans want high-end systems that include vinyl sounds, a more robust music experience, and elegantly designed sound systems. They are also expecting to spend several hundred to several thousands of dollars for their ideal sounds. Continue reading Trend: New Audiophiles Looking for Hi-Fi Music Experience

UTA Draws Developers for Third Annual Hollywood Hack Day

The third annual Hollywood Hack Day took place last weekend, bringing a hackathon — a timed collaborative event during which software developers create new apps or Web services — to Los Angeles. United Talent Agency hosted the event and provided increased bandwidth for the 135 developers and designers involved in the 2-day competition. Because the event was in LA, several teams chose to create apps about the art and business of entertainment. Continue reading UTA Draws Developers for Third Annual Hollywood Hack Day

Audiam Finds New Ways to Pay Indie Musicians via YouTube

“Love Doctor,” a two-minute acid jazz instrumental is used in about 1,500 YouTube videos that do not pay for the rights to do so. The composer, Scott Schreer, has been working with New York startup Audiam in an effort to share in the advertising revenue associated with the videos. While serving as the Audiam test case, “Love Doctor” and Schreer’s library of 1,700 songs are generating about $30,000 per month for their use on the video site. Continue reading Audiam Finds New Ways to Pay Indie Musicians via YouTube

Disparity Between Indie Music and Superstar Concert Revenue

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

New Audio App is the Pandora for Podcasts and News Radio

Silicon Valley startup Concept.io has launched the Swell smartphone app, which automatically collects Internet radio and podcast content based on user interest. Swell tracks what content is played, how often, and what is skipped, using an algorithm to build a user profile. The app also tracks a user’s Twitter stream to identify areas of interest in order to add relevant audio programs. Swell is currently available for iOS, with Android on the way. Continue reading New Audio App is the Pandora for Podcasts and News Radio

WWDC: Apple Introduces Ad-Supported iTunes Radio Service

During yesterday’s Worldwide Developers Conference keynote, Apple introduced its much anticipated streaming music service. The free, ad-supported iTunes Radio will feature a sizable music catalog, thanks to deals Apple has made with all the major record labels. The service features algorithmically programmed stations, more than 200 genre-based stations and a station that reflects music currently trending on Twitter. Continue reading WWDC: Apple Introduces Ad-Supported iTunes Radio Service

Apple Expected to Unveil New Streaming Music Service Today

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