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Page 35 of 39
Apple Worldwide Developers Conference Opens In San Francisco
TechHere’s the real reason Apple caved in on fees for its new music service
By Mathew IngramJune 22, 2015
Revenue from licensing music for digital streaming has meant big revenue bumps for agencies like BMI and Ascap. Perhaps it’s time for the “B” in BMI to stand for “billion”—as in $1 billion in annual revenue. The music agency, whose full name is Broadcast Music Inc., announced Thursday that it set an industry record by raking in $1.013 billion over the year ending June 30. That’s BMI’s highest yearly revenue ever, and it squeaks by the $1.001 billion reported earlier this year by ASCAP, BMI’s main rival for handling music licensing and artists’ songs for play on radio, television, streaming media, and other platforms. BMI and ASCAP — the latter of which said it was the first performing rights organization to top $1 billion — have increased their revenue in recent years even as the music industry on the whole remains in flux due to evolving distribution models. The increase comes amid higher consumption of digital music, which requires streaming services like Pandora P 0.38% , Spotify, YouTube GOOG 1.15% , and Apple Music AAPL 2.09% to pay BMI and ASCAP royalties to stream songs by their songwriter members. Together, ASCAP and BMI represent a reported 90% of songs released commercially in the U.S. BMI's roster of artists includes Taylor Swift, Lady Gaga, and Lil Wayne.
TechFormer Pandora Exec: Taylor Swift’s Apple fight ‘mostly theater’
By Kia KokalitchevaJune 22, 2015
Taylor Swift The 1989 World Tour Live In Cologne - Night 2
TechApple Music: Money, power, and Taylor Swift
By Philip Elmer-DeWittJune 22, 2015
Spotify Press Announcement
TechThis Spotify hire could point to an IPO
By Claire ZillmanJune 18, 2015
Key Speakers At The Apple Worldwide Developers Conference (WWDC)
TechIndependent record labels say Apple is trying to put them out of business
By Mathew IngramJune 17, 2015
Key Speakers At The Apple Worldwide Developers Conference (WWDC)
TechHere’s exactly how much Apple is paying record labels
By Chris MatthewsJune 15, 2015
These two start-ups aren’t afraid of Apple
TechThese two start-ups aren’t afraid of Apple
By Philip Elmer-DeWittJune 12, 2015
Is Apple Music the ebooks antitrust case all over again?
TechIs Apple Music the ebooks antitrust case all over again?
By Jeff John RobertsJune 10, 2015
SWEDEN-MUSIC-COMPANY-SPOTIFY
TechSpotify is adding 1 new subscriber every 3 seconds
By Kia KokalitchevaJune 10, 2015
Tim Cook, Jimmy Iovine
TechApple exec: Apple Music puts artists ‘in control of their music’
By Robert HackettJune 10, 2015
Spotify CEO Daniel Ek 2013
TechSpotify to Apple: You want a music war? You’ve got one
By Mathew IngramJune 10, 2015
Spotify Press Announcement
TechSpotify just raised a ton of money to take on Apple’s new music service
By Daniel RobertsJune 10, 2015
Why Apple and Spotify hate each other
TechWhy Apple and Spotify hate each other
By Philip Elmer-DeWittJune 10, 2015
Eddy Cue, senior vice president of Internet Software and Services at Apple Inc., speaks during the Apple World Wide Developers Conference (WWDC) in San Francisco, California, U.S., on Monday, June 8, 2015. Apple Inc., the maker of iPhones and iPads, will introduce software improvements for its computer and mobile devices as well as reveal new updates, including the introduction of a revamped streaming music service. Photographer: David Paul Morris/Bloomberg *** Local Caption *** Eddy Cue
TechThis is Apple Music’s 1 huge advantage over Spotify
By Alex FitzpatrickJune 9, 2015
Key Speakers At The Apple Worldwide Developers Conference (WWDC)
TechMaking sense of Apple Music
By Philip Elmer-DeWittJune 9, 2015
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