REWIND: The new music industry’s week in review
In our look back on a full week of music industry news and events, we revisit the reopening (finally of the SBA grant portal, the truth behind Apple Music’s higher payouts, Spotify’s fully realized ‘Car Thing’ and more!
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Note: Use HTML tags like and to style your text. URLs automatically linked. Hypebot & MusicThinkTank
With the internet and digital technologies driving rapid change within the music industry, articles about new releases and who has been hired and fired are no longer enough. Our up to the minute industry news alongside insightful commentary helps our readers sift through the rumors and developments to find the information they need to keep their businesses moving forward.
TOP POSTS: This week’s most read posts on Hypebot
Some our more popular articles on Hypebot this week dug into the music industry shifting center of gravity, what you can do to prevent Instagram hacks, Spotify’s ‘Car Thing’ finally realized, and more!
Save my name, email, and website in this browser for the next time I comment.
Note: Use HTML tags like and to style your text. URLs automatically linked. Hypebot & MusicThinkTank
With the internet and digital technologies driving rapid change within the music industry, articles about new releases and who has been hired and fired are no longer enough. Our up to the minute industry news alongside insightful commentary helps our readers sift through the rumors and developments to find the information they need to keep their businesses moving forward.
Spotify Turns 15 – My How You’ve Grown!
As the streaming giant celebrates its 15th birthday, Fred Jacobs looks back on how Spotify has been able to grow and adapt to keep up with an ever-changing music economy.
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As birthdays go, your 15th is not one of the big ones. That’s reserved for your “Sweet 16,” turning 21, and then all those birthdays that end with a “0.”
Those are the ones you remember.
But we should be paying attention to Spotify’s recently celebrated birthday – “the big 1-5” – because it should serve as a reminder to all of us in media – specifically, audio – that it’s not just about having that one great idea. It’s about innovating – with a vengeance – every damn day of your existence.
The world s largest audio streaming giant,
Spotify (NYSE:SPOT), recently announced the launch of Car Thing, a smart player designed for the car. For a company that s built its success on other companies devices, this is its first foray into the world of hardware.
Following the April 13 announcement, Spotify s stock price jumped as much as 5% on the day, suggested the move pleased investors. So let s see what the market liked about Spotify s latest announcement.
What is Car Thing?
Car Thing is a smart player designed specifically for car rides that allows users to easily control the audio while on the road. Between its four-inch display screen, circular dial, and embedded microphones, drivers can ask, tap, turn, or swipe to get to the songs, artists, playlists, or podcasts they want to hear.
Apple joins artist royalty payments debate with some good karma
In a bit of good news for musicians and songwriters, Apple has joined the competitive royalty fray, pitting itself against SoundCloud and Spotify to prove which platform can more fairly compensate artists.
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As an old sailing master once said, two boats on the water is a race. For once, the prize may be which streamery can treat artists better than their competitor.
What do SoundCloud and Apple have in common? Or said another way, what does Spotify
not have in common with SoundCloud and Apple?
Of all the different ways that each of these licensed platforms try to compete with each other, SoundCloud and Apple have started competing on how fairly they pay the artists. We like it.