In an interview with The New Yorker, Trent Reznor detailed his plans for building a new streaming music platform through a partnership with Beats by Dre. The collaboration between the Nine Inch Nails frontman and the company bearing the name of legendary hip-hop artist and producer Dr. Dre was first announced earlier this year, and now Reznor has divulged some [...]
Spotify held a big press event in New York today to make a whole slew of major announcements, the most notable of which is that Spotify is on the cusp of finally launching an Rdio-like web-based player, after months of requiring you to download software to play music from its service. The web player will let you stream the music [...]
Apple launched iTunes 11 on Macs and Windows PCs today. It’s the biggest change to the music and video app since 2003, with a totally different, iPad-inspired interface and a much greater emphasis on the iCloud digital storage locker system for the content you buy through Apple’s online stores. This new version has been in development for months; we first [...]
“It’s going to kill music if they’re not careful. It’s a monster, this thing.” That’s how AC/DC frontman Brian Johnson described iTunes to a reporter in an interview with Reuters in 2008. We’ve all come a long way in four years, it seems, because AC/DC’s music is finally available on Apple’s digital storefront — there’s even a huge splash page [...]
Things are (modestly) looking up for Universal Music Group (UMG), whose most recent report shows an 8.6% increase in digital sales in the first nine months of 2012 and “falling demand for physical product.” Taking both sides of the business into account, UMG’s revenues are still declining slightly — but in general, the music industry is not experiencing the free [...]
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