Tag: music industry
Apple Music is using Shazam to solve the streaming industry’s problem with DJ mixes
Apple Music announced today that it’s created a process to properly identify and compensate all of the individual creators involved in making a DJ mix. Using technology from the audio-recognition app Shazam, which Apple acquired in 2018 for $400 million, Apple Music is working with major and independent labels to…
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Apple invests $50M into music distributor UnitedMasters alongside A16z and Alphabet
Independent music distribution platform and tool factory UnitedMasters has raised a $50M series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is also entering a strategic partnership with Apple alongside this investment. If you’re unfamiliar with UnitedMasters, it’s a distribution company launched…
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Vinyl outsold CDs for the first time since the ’80s
The Recording Industry Association of America has released its mid-year report on the state of the US music industry. While there were plenty of expected outcomes (streaming way up, physical sales continuing to plunge), there were a few surprises.The… Source
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Streaming services join music industry ‘blackout’ over death of George Floyd
The music industry will stage a “blackout day” today in support of protests around the alleged murder of George Floyd at the hands of Minneapolis police. Organized by music executives Jamila Thomas and Brianna Agyemang, the aim is to pause or shutter… Source
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