Streaming Music

Luis Fonsi & Daddy Yankee’s “Despacito” Becomes Most Streamed Song Of All Time

Surpassing 4.6 billion streams across leading streaming platforms in just 6 months, Luis Fonsi & Daddy Yankee’s “Despacito” has officially become the most streamed song of all time. According to Universal Music, the number includes streams for both the original song and the accompanying remix featuring Justin Bieber, making Despacito the biggest hit of 2017 so far. Justin Bieber has...

Tesla Planning to Launch its Own Streaming Music Service

According to a new report by ReCode, Elon Musk’s Tesla Motors is in talks with the music industry about creating its own streaming music service. Sources say that Tesla has had talks with all of the major labels about licensing a proprietary music service. “We believe it’s important to have an exceptional in-car experience so our customers can listen...

Streaming Music Beats Digital Sales for the First Time in U.S.

According to a new year-end report by Nielsen (via Pitchfork), streaming music has became the primary mode of music consumption in the U.S. for the first time ever. In 2016, on-demand audio streams surpassed 251 billion in 2016, which marks a 76% increase and accounting for 38% of the entire music consumption market. There were more streams on an...

New Google Play Music Brings Personalized Listening Experience

In an effort to compete with music streaming market leaders like Spotify and Apple Music, Google has today announced the launch of a new and improved Google Play Music service, that will recommend music for users based on the search engine's machine learning tools, including location, activity and the weather, offering a more personalized listening experience.  Google says that starting...

Music Industry Finally Profits Off Streaming Thanks to Apple, Spotify

According to a draft report from the Recording Industry Association of America obtained by Bloomberg News, the music industry is finally making profits off streaming music, thanks to the growth of paid services like Apple Music and Spotify. The report highlights that retail spending on recorded music grew 8.1% to $3.4 billion in the first half of 2016, and...

Apple Proposes Simplified Payouts for Music Streaming Royalties

Apple has built a new proposal to set fixed songwriting royalty rates for music streaming services. The government filing was created in collaboration with the Copyright Royalty Board (CRB) and would set songwriting royalty rates at 9.1 cents per 100 streams. Although the change would simplify a complex royalty system, it would also increase the...

Rogers CEO: “Monetization of Data” Pays Our Bills Nowadays

The CEO of Rogers Communications says that his strategy in launching a partnership with streaming music service Spotify was all about encouraging wireless customers to use more mobile data. On Monday, Guy Laurence said that he didn’t even consider offering unlimited data usage for Spotify Premium (normally costs $10/month), which Rogers recently added as a...