Apple Music is succeeding where others streaming competitors are not. As the music service hit the 18-month mark, it announced that it had reached 20 million subscribers. It would be easy to play this off as a symptom of Apple’s established presence in our pockets, both via the iPhone and the iTunes store.
Over the next month, we'll be collecting year-end top 10 album lists from over 140 music critics, publications, record stores, and other sources. Find individual lists and this year's cumulative rankings inside. Read and Post Comments | Get the full article at Metacritic
Apple's streaming service says it has reached 20 million subscribers, showing quick growth as the tech titan tries to close in on sector leader Spotify. Apple Music launched in June 2015 as Apple, which revolutionized digital music with iTunes 15 years ago, saw the future in streaming -- a service that allows online listeners to play unlimited music on demand. Senior Apple official Eddy Cue, revealing the figures in an interview with Billboard published late Tuesday, predicted further rapid gains entering 2017.
In a blog post by YouTube Chief Business Officer Robert Kyncl, the video-streaming giant says it paid over a billion dollars from ad revenue alone in the last 12 months. As more advertising dollars shift from TV, radio and print to online services, the music industry will generate even more revenue from ads. In the future, the music business has an opportunity to look a lot like television, where subscriptions and advertising contribute roughly equal amounts of revenue, bolstered by digital and physical sales.
Our guide to this week's (and last week's) album releases also features the week's top new music videos from artists like Justice, The xx, and Red Hot Chili Peppers, plus brand new streaming music from Run the Jewels, Burial, Car Seat Headrest, and more. Read and Post Comments | Get the full article at Metacritic