Digital Music Industry News

Digital music, including streaming music, is a fast-moving industry. For professionals, consumers, artists and others involved, it can be hard to know what developments to pay attention to. Wiser has created a free daily digital music news digest to keep you informed of the latest in digital music. Ever since the launch of Napster in 1999, the music industry has faced a massive shift from physical imprints to online delivery. Now companies offering streaming music apps are competing to shape how music is delivered and consumed in the future. These companies include Spotify, Rdio, Beats, Apple (with the iTunes store), Google (with YouTube and the Play store), iHeartRadio, Deezer, SoundCloud and others. Meanwhile, the “big four” major record labels — Sony, Warner Music, EMI and Universal — are actively involved, and negotiations around digital rights management restrictions are crucial to the success or failure of new services. As consumers shift increasingly to mobile apps to stream music on the go, digital music companies must now compete for listeners not just across geographies but also with comprehensive cross-platform experiences. Whatever your favorite music app, the digital music space is in the midst of a fascinating evolution that requires savvy professionals and onlookers to pay close attention to the headlines. Keep updated on the most recent developments in the digital music industry. Subscribe to Wiser’s free digital music news digest today.

Recent Digital Music Industry News Coverage
 
Your Weekly Recommendations Saturday, September 23, 2017
 
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Stifel bullish as Pandora gets Sirius about ad-supported radio
Seeking Alpha • Jason Aycock
The Wall Street Journal: Streaming subscriptions continue to power music industry’s recovery
MarketWatch
Music Industry Recovery Continues, Powered by a Surge in Subscriptions
The Wall Street Journal • Anne Steele
Xunlei: Blockchain, Cloud, And Live Streaming - Is It Undervalued Or A Value Trap?
Seeking Alpha • Bo Pei
IFPI Consumer Report: Licensed Audio Streaming Up 8%, But YouTube Value Gap Remains
Variety • Roy Trakin
How We Listen: IFPI Finds Global Uptick in Both Legal Streaming and MP3 Ripping
Billboard Biz • Marc Schneider
Slacker Radio agrees to be acquired by LiveXLive for $50 million
Los Angeles Times • Mike Freeman
Recording Academy Urges Songwriter Activism to Ensure Music Industry's Future
Billboard Biz • Paula Parisi
LiveXLive acquires Slacker Radio for $50 million
The Verge • Micah Singleton
Legal Campaign Against Spotify Intensifies Ahead of Company's Plan to Go Public
Billboard Biz • Eriq Gardner
 
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Digital Music, Economic Policy
Stifel bullish as Pandora gets Sirius about ad-supported radio
Seeking AlphaJason Aycock
Pandora Media (NYSE:P) closed up 0.7% after jumping from negative ground on the news that Sirius XM (SIRI +0.9%) had closed the entirety of its $480M strategic investment into the music streamer. That's part of Pandora getting on the right track, says...
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Apple Inc, Digital Media
The Wall Street Journal: Streaming subscriptions continue to power music industry’s recovery
MarketWatch
Bloomberg News Revenue from recorded music accelerated in the first half of 2017 in the U.S. as more consumers shelled out for subscription streaming services. Retail revenue jumped 17% in the first six months of the year to $4 billion, according to...
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Digital Media, Digital Music
Music Industry Recovery Continues, Powered by a Surge in Subscriptions
The Wall Street JournalAnne Steele
Revenue from recorded music accelerated in the first half of 2017 in the U.S. as more consumers shelled out for subscription streaming services. Retail revenue jumped 17% in the first six months of the year to $4 billion, according to the Recording...
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Cloud Computing Services, Digital Advertising
Xunlei: Blockchain, Cloud, And Live Streaming - Is It Undervalued Or A Value Trap?
Seeking AlphaBo Pei
Summary Why XNET dropped more than 70% since IPO? And, why did it gain 50% in the last two months? Will the company's recent new product OneCloud (utilizing both blockchain and cloud computing technologies) help the company become profitable? What factors investors...
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Digital Media, Digital Music
IFPI Consumer Report: Licensed Audio Streaming Up 8%, But YouTube Value Gap Remains
VarietyRoy Trakin
Shutterstock / MicroOne Streaming continues to grow, but YouTube’s “value gap” remains the biggest thorn in the music industry’s side: Those are the major findings in the International Federation of the Phonographic Industry’s (IFPI) 2017 Music Consumer Insight Report, issued today. While...
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Digital Media, Digital Music
How We Listen: IFPI Finds Global Uptick in Both Legal Streaming and MP3 Ripping
Billboard BizMarc Schneider
There's good news and bad news in "Connecting With Music," the IFPI's just-released music consumer insight report. One of the main takeaways of the report -- here -- is that music consumers across the globe are increasingly choosing licensed audio streaming services,...
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Digital Media, Digital Music
Slacker Radio agrees to be acquired by LiveXLive for $50 million
Los Angeles TimesMike Freeman
Slacker Radio, an online music streaming outfit, has agreed to be acquired by LiveXLive Media Inc. for $50 million. The deal is contingent upon LiveXLive completing a pending public stock offering, where it expects to generate proceeds of at least $100 million....
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Copyright, Digital Music
Recording Academy Urges Songwriter Activism to Ensure Music Industry's Future
Billboard BizPaula Parisi
Leon Bennett/WireImage Streaming, which has made tech companies rich and benefited labels, has become an apt metaphor for songwriters' and artists' revenues going down the drain, according to a panel of experts pushing for political activism at the Recording Academy’s Thursday night...
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Digital Media, Digital Music
LiveXLive acquires Slacker Radio for $50 million
The VergeMicah Singleton
The online radio service Slacker Radio has been acquired by LiveXLive, a music streaming service focused on live music streaming, the company announced today. Slacker, which has been around since 2007, has radio stations curated by DJs (something Dash Radio does better),...
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Copyright, Digital Music
Legal Campaign Against Spotify Intensifies Ahead of Company's Plan to Go Public
Billboard BizEriq Gardner
Hundreds of settlement objectors (Tom Petty, Rivers Cuomo, Sir Anthony Hopkins, et al.), a new copyright lawsuit and a scathing reply to Spotify's recent bombshell filing. At a critical moment for Spotify, a legal battle is escalating manifold against the the digital...
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