Tag Archive: Streaming media


Google In Talks For Music Streaming Service
 Warner Music Group has struck a licensing deal with Google for two music services the technology giant is launching later this summer, according to executives familiar with the agreement. Google will offer two distinct subscription services – one through its YouTube online video property and another via its Google Play platform.

Executives at Warner, which is the first record label to commit to Google’s proposed music service, declined to comment. A YouTube spokesman issued the following statement: “While we don’t comment on rumor or speculation, there are some content creators that think they would benefit from a subscription revenue stream in addition to ads, so we’re looking at that.”

Google is also in deep negotiations with Universal Music Group, Sony Music Entertainment and other labels to nail down an agreement similar to the one it now has with Warner.

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Google will be jumping into a fiercely fought market for on-demand music streaming. Spotify, Rhapsody, Muve Music, Slacker, Samsung Music Hub, Sony Music Unlimited and Rdio are among the current players slugging it out for dominance. And later this summer, Beats Electronics will re-launch a revamped MOG service, branded as Beats Music.

Google, however, will be coming to the party with several formidable advantages – YouTube and Android.

Its YouTube platform attracts 800 million unique viewers a month. That’s vastly more than the tens of millions of people worldwide who are estimated to be using on-demand streaming music services — both free and paid. In addition, Google’s Android operating system powered 68.4% of all smartphones shipped globally in 2012, compared with 19.4% for Apple’s iOS, according to Strategy Analytics.

 

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Maybe music executives can finally stop singing the blues. Music piracy is on the decline, analysts say, while an industry group said digital music sales in 2012 drove global music industry revenues up for the first time since 1999.

It’s not a very big gain for the music industry — just 0.3 percent to $16.5 billion — but even that small uptick may be a sign that digital music has finally put the industry on the path to recovery. Digital music and services, the report said, grew 9 percent in the past year. That comprises digital downloads, as well as newer subscription services such as Spotify and ad-supported services including Pandora.

“No doubt, this is welcome news,” said Recording Industry Association of America spokesman Jonathan Lamy, who said over half of the industry’s revenues come from digital services now. “We are starting to turn the corner, and that’s great news for the business and fans.”Not only have free or low-priced streaming services given music lovers easy access to their favorite tunes, the NPD Group found in a separate study that broader access to music is also driving fewer people to download songs illegally. These services have gained some industry support because they allow consumers to get the music they want while still supporting artists, record labels and others in the industry.

In its annual music study, the analysis group found that consumers are sharing less illegal music across the board. Not only is the volume of illegally downloaded music files over file-sharing networks down 26 percent compared to the previous year, so is the number of people who burn and rip CDs, swap music files on hard drives and download music from digital lockers.

Read more here: http://wapo.st/XjH7pZ

image from: www.publicknowledge.org

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