In its bid to become a power in music streaming, Apple is devoting its vast resources to create what it hopes will be a first truly global radio station. With its ubiquitous influence of the iphone, Apple is encouraging people to toss FM radios. Read the entire article here: Apple bets on radio splash in […]

Digital subscription and streaming revenues grew by almost 29% last year to reach roughly $1.87 billion, surpassing sales of CDs ($1.85 billion) in the process Read the entire article here Music Streaming Revenues Up 29% in 2014, Surpass CD Sales.

Some 43% of US smartphone-owning adults report having used their device to stream music and listen to online radio during the week prior to Deloitte’s survey, with this figure up from 26% in the prior year’s survey Read the entire article here Streaming Services Grow in Popularity With Smartphone Users.

Digital music sales at Apple Inc.’s iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent recovery. Read the entire article here  Apple iTunes sees big drop in music sales – MarketWatch.

Years ago “owned music” and “broadcast radio” would once have made up 100% of teens’music listening time.  Now it only accounts for just 56%. Encroachment from online radio/music pureplays (think Pandora or Spotify) and  YouTube for music now account for significant portions of teen’s music-consumption time.  It’s a peek into the future of media as […]

Longtime Apple analyst Tim Bajarin predicted new features such as family sharing will not only appeal to Apple diehards but could persuade some consumers to ditch their Android and Windows phones and make Apple the digital hub of their lives. Siri: The digital personal assistant gets upgraded — it can now be used to access […]

Advertisers are weighing in on their initial campaigns on iTunes Radio with a positive response to date, an important early milestone for the new ad-supported web radio service. Read the entire article here: First Wave Of iTunes Radio Advertisers Weigh In – hypebot.