Jimmy Iovine has a long rap sheet in the record industry, producing works from Tom Petty to John Lennon. It looks like he has a long one to go as he currently sits as CEO of the Apple-owned Beats Music and is fully involved in the promulgation of the Apple Music service. And he wants to end the freemium streaming model.
A reminder here that Spotify and other streaming platforms have a free tier with occasional ad interruptions and some feature restrictions to entice customers to subscribe to their paid services. Apple Music only does pay-to-play.
At the Vanity Fair New [...]
There’s a clear migration being tracked from bought-and-owned media toward the current streaming models we have. Portability and unlimited variety beat out CDs (as well as smartphones, of course). But a split in this trend comes down between those who pay a subscription fee to music streaming companies for extra features and listeners who opt for a free lunch. Those music junkies are served ads during their listening session to help get revenue for Spotify, Pandora, Google and others.
And as Juniper Research is predicting, that cash source might become a bit more [...]
By now, you’ve undoubtedly seen the news on Apple Music, the Cupertino-based company’s latest ambition in the music industry. Long story short, it’s a subscription streaming service with millions of songs, its own 24/7 curated radio stations, and a first for Apple — an Android app. But plenty of people, including most of the Pocketnow team, are already plenty happy with a certain musical juggernaut: Spotify. It’s been the number one streaming service for years, but can Apple Music take its seat and replace the green giant for our ears?
Let’s start with pricing. Spotify and Apple [...]