Amazon Music now has more than 55 million customers globally across all its streaming offerings, while subscriptions to its premium Amazon Music Unlimited service grew by more than 50 percent over 2019.
Back in July, a Financial Times report named Amazon the fastest-growing music streaming service globally, with more than 32 million subscribers worldwide at the time. The report also stated that Amazon Music Unlimited had grown 70% over the past year.
The nomination period opened Monday for college students pursuing music industry careers to apply for $10,000 scholarships to be awarded by the House of Blues Music Forward Foundation, in partnership with Live Nation Entertainment and the Living Legacy Foundation.
A total of four scholarships will be awarded to college students who are in their junior or senior year, majoring in music business and/or related fields at an accredited college or university in the U.S.
TuneCore blog writer Patrick McGuire guest posts on HypeBot about how TuneCore is creating releationships for artist to bring music industry to them with special programs like LunchCore and an Entertainment Relations Team.
IHeartMedia Inc., the biggest U.S. radio-station owner, filed for bankruptcy with a plan to halve its debt load of more than $20 billion, the legacy of a leveraged buyout that hobbled the company as the digital era spawned new rivals.
IHeart, with about 850 radio stations and 17,000 employees worldwide, filed for Chapter 11 protection on Wednesday in Houston, a move that allows iHeart to keep operating while it tries to cement its turnaround plan. The deal still needs approval from the court and some holdout creditors, and the company could hear again from John Malone’s Liberty Media LLC, which has said it wants a stake in the reorganized media giant.
“Achieving a capital structure that finally matches our impressive operating business will further enhance iHeartMedia’s position as America’s #1 audio company,” Chief Executive Officer Robert Pittman said in a statement. Read More
What the click wheel taught us about listening to music “W ow,” a man said to me recently on the subway, “I haven’t seen one of those things in years.” He gestured toward the scuffed-yet-still-sleek, aluminum-colored rectangle in my hand - a 160GB sixth generation iPod Classic. I blinked for a moment.
“It speaks volumes about the rapid evolution of Universal Music Group that a technology leader of Ty Roberts’s stature is joining our team,” Nash said. “I have followed Ty’s career with great admiration for over two decades and could not be more excited to have him bring his track-record of trailblazing innovation and transformative vision about the power of data to UMG at this critical juncture.”
Starbucks this morning announced the overall of its mobile application, now used by 17 million people, in an effort to create a more personalized experience for its customers. The changes rolled out alongside an overhaul of the company’s popular customer loyalty program, Starbucks Rewards, which is now doling out stars based on dollars spent in stores, rather than how often customers make purchases.
Subscription streaming services pumped up the recorded-music industry’s revenue last year, but music consumption on free, legal sites grew faster, threatening the industry’s future growth, according to an industry report.