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Music Streaming Now Bringing in Some Cash

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Image credit:Shutterstock The music industry is in the midst of a moderate rebound thanks to streaming. For the first time since 1999, the U.S. music industry could grow over a two-year period, according to data provided to Bloomberg by the Recording Industry Association of America (RIAA). The industry's revenue grew to $3.4 billion in the first half of 2016, topping revenue for the first half of 2015 by 8.1 percent. If all…

Amazon Challenges Apple and Spotify With New Music Streaming Service

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Amazon.com Inc. on Wednesday launched a full-fledged music streaming service with subscriptions as low as $3.99 per month for owners of its Amazon Echo speaker, accelerating the industry trend toward more flexible pricing after years of sticking to $9.99 subscriptions. The new streaming service, called "Amazon Music Unlimited," lets users access a vast catalog of songs on demand, similar to Spotify and Apple Music. Subscriptions to play music on the Echo…

From Paper Boy to Music Mogul: Entrepreneurship Lessons From Sean ‘Diddy’ Combs

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This story originally published on Oct. 4, 2013. The Grammy Award-winning album that shot rapper and business mogul Sean "Diddy" Combs to stardom in the '90s was titled No Way Out. But if Combs could decide his true legacy, it's that he has inspired inner-city kids to realize they can get out. Just like he did. When he looks back on his career, Combs wants to be sure that he was an…

music-services

What Are The Best Streaming Music Services?

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The idea of streaming music has been around for a long time, but online recently has picked up the pace. For example, 2013 saw a significant increase in online audio streaming, while music download sales registered their first decline ever. Streaming seems like a strong contender for the future of music sales. With ever-connected internet devices becoming more common, several prominent media companies have launched services for reoccurring subscriptions rather…

Lauper, Fierstein bring ‘Kinky Boots’ musical show ‘home’

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Singer Cyndi Lauper poses on the red carpet before the Songwriters Hall of Fame ceremony in New York, June 18, 2015. REUTERS/Shannon Stapleton LONDON (Reuters) – Pop singer Cyndi Lauper and actor and writer Harvey Fierstein bring their Tony Award winning musical “Kinky Boots” to London, saying the song and dance show about a struggling British shoe factory has come “home”. The singer and playwright collaborated on bringing the 2005…

More drama, more music promised as hip hop drama ‘Empire’ returns

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(L-R) Cast member Taraji P. Henson, executive producer Lee Daniels, executive producer Brian Grazer, and executive producer Ilene Chaiken participate in the FOX “Empire” panel at the Television Critics Association (TCA) Summer 2015 Press Tour in Beverly Hills, California August 6, 2015. REUTERS/Jonathan Alcorn By Katherine Davis-Young LOS ANGELES (Reuters) – Family conflicts, tempestuous romances and power struggles made hip hop show “Empire” the highest-rated new hit for Fox this…

Spanish tenor Carreras to sing ‘A Life in Music’ in London

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Spanish tenor Jose Carreras sings during the “Blagovest” charity event to support children suffering from oncological and ophthalmological diseases, in Moscow July 10, 2011. REUTERS/Sergei Karpukhin By Michael Roddy LONDON (Reuters) – Spanish tenor Jose Carreras, 68, a founding member of the Three Tenors classical trio, will give the premiere of a retrospective show entitled “A Life in Music” next year at London’s Royal Albert Hall. The Barcelona native, who…

Sony proceeds with plan to sell music publishing unit: WSJ

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Pedestrians are reflected in a logo of Sony Corp outside its showroom in Tokyo July 16, 2014. REUTERS/Yuya Shino (Reuters) – Sony Corp <6758.T> is proceeding with a plan to sell its half of Sony/ATV Music Publishing, the world’s largest music publisher, the Wall Street Journal reported. Sony, which owns the unit with Michael Jackson’s estate, recently triggered a clause in its contract that allows one partner to buy out…