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5 Reasons The Music Industry Should Care About Driverless Cars
Source:
HypeBot
Although the music industry has, historically, not always been the best at adapting profitably to tech disruptions, driverless cars could present a unique opportunity for the industry. Here we examine the likely affect of these autonomous vehicles on their pre-existing music business models. Guest post by Cherie Hu Are music companies ready for driverless cars? Maybe. While it is difficult to forget its tumultuous relationship with piracy, downloads and file-sharing, the music industry is adapting more quickly with each wave of digital disruption. Streaming now accounts for most ...
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Are The Record Labels Of The Future Already Here?
Source:
HypeBot
As advancements in technology continues to shift the music business landscape, the role of record labels has become uncertain. Here Cherie Hu examines what future record labels might look like, and if they might already be here.
Guest post by Cherie Hu
For record labels, technological change has created more questions than answers. Are they even relevant anymore? Which tech trends and tools matter for their bottom line, and which ones are just “hype"? Should labels' historical roles stay the ...
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Device Restricted Music Subscriptions Are Coming...
Source:
HypeBot
Apple's decision to ditch the headphone jack highlighted the idea that future music services might soon be device specific, and it looks as though Amazon is taking the plunge by offering a subscription service with a strict one device limit. By Leigh Beadon on Techdirt In the last episode of the Techdirt Podcast, we discussed the DRM implications of Apple's decision to remove the analog headphone jack from the iPhone— specifically, the idea that in the future we may see music ...
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Music Streaming Reaches A Tipping Point
Source:
HypeBot
It seems the industry has finally reached a point where music streaming revenue has become the greatest contributor of royalties for both artists and labels and, as purchases continue to drop, this increasing prominence of streaming will reshape many other aspects of the industry. Guest Post by Glenn Peoples on Medium Takeaways: Streaming will soon represent over half of all recorded revenue in the United States. The revenue from purchases are already equal to revenue not derived from purchases. The growing role of streaming ...
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U.S. Music Festivals And The 23%: What It Means For Livestreaming
Source:
HypeBot
Music festivals in the United States are incredibly popular and impressively well attended, but much of the social media buzz which is generated surrounding these events is created by those not actually in attendance, meaning there's a significant void to be filled by livestreaming. Guest Post from AmpLive Few industries in the US reach as many people as music festivals, with 1 in 10 Americans attending at least one every year. That means 32 million people attend at least one of ...
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Down Under, Streaming Is Up, Downloads Are Down
Source:
HypeBot
In an extension of a music industry consumer trend seen in the United States, it seems our neighbors to the south are embracing the streaming age, as Australians increasingly eschew CDs and downloads in exchange for streaming. Guest post by Glenn Peoples of Pandora OK, not a big surprise here. Over the last two years, more Australians are streaming and fewer are purchasing downloads and CDs. It matters because Australia punches way above its weight in terms of recorded music ...
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Download Revenue To Shrink 50% As Streaming Music Grows To 950 Million Users, Says New Analysis
Source:
HypeBot
Streaming music adoption is exploding, but just how big a can it get? And at how bad a hit will paid downloads take as streaming expands? Very big and very bad are the answers provided in a new report from Strategy Analytics. The number of streaming music users will more than double to in four years to reach 950 million according to the latest forecast by Strategy Analytics. Streaming will account for 95% of all mobile music use, and that ...
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