Apple’s plans to pay more for songs produced with higher-quality audio are causing discord among some artists. That’s according to a report Friday (Feb. 2) by the Financial Times (FT), which says that independent record labels argue that this shift will mean more money for high...
As businesses compete for subscribers’ long-term loyalty, key players are increasingly leveraging audiobooks to keep customers coming back. Take, for instance, Spotify, which announced last month the addition of more than 200,000 audiobooks for its Premium subscribers, with 15 hours of listening included in the...
Leading music services are increasing their use of artificial intelligence capabilities to offer increasingly personalized experiences to drive consumer loyalty. For instance, Spotify and Google Cloud announced Thursday (Nov. 16) the expansion of their partnership, leveraging AI to drive engagement with the leading global music...
SiriusXM is expanding beyond radio formats, getting into music streaming to adjust to the ways that younger generations consume content. The company announced this month that, in mid-December, it will launch its new SiriusXM streaming app, which includes personalized recommendations, new discovery features, a revamped...
August 16, 2023
Retail subscription commerce has become increasingly popular, with more consumers asking for easier ways to seek out new content and services in a curated environment. And there’s data to back it up. The average consumer spent $273 monthly on subscriptions in 2021, up from $237 in 2018 — a 15% increase, according to the “Subscription Commerce […]
January 30, 2019
It’s all about the ecosystem, not the iPhones. If there was one takeaway from the earnings call yesterday (Jan. 29) with Apple CEO Tim Cook, that would be it. Apple entered this earnings...
August 01, 2018
Apple’s quarterly revenue came in at $53 billion, a 17 percent year-on-year increase — with earnings per share at $2.34, a 40 percent year-on-year pickup. Analysts surveyed by FactSet had...
April 07, 2024
Apple has reversed course in the battle over music-streaming services in Europe. The tech giant said Friday (April 5 it has accepted demands by the European Union that it stop blocking music apps from notifying listeners of cheaper services outside the Apple app store. Now, Apple says music apps can link to developer websites and inform […]
February 04, 2024
Apple’s plans to pay more for songs produced with higher-quality audio are causing discord among some artists. That’s according to a report Friday (Feb. 2) by the Financial Times (FT),...
October 22, 2023
Apple is reportedly investing $1 billion per year to integrate generative artificial intelligence (AI) across its product line. While the company initially lagged behind competitors like Google and Microsoft in the...
December 06, 2022
Apple Music will soon add a feature that makes it easier for fans to sing along with songs. Due to become available to Apple Music subscribers later in December, the new...
