YouTube deals with Sony and Universal pave the way for music service

Earlier this month, Bloomberg reported that YouTube's subscription music service could launch as early as March, but that ongoing and unsolved negotiations with Sony Music Entertainment and Universal Music Group could prevent that launch date from ha...

Mixcloud plans subscription service with Warner Music deal

Mixcloud -- a user-generated audio site similar to SoundCloud but with more of a focus on long-form content -- just signed a licensing deal with Warner Music, the Financial Times reports. This means that the site can soon begin to offer subscriptions...

YouTube and Warner extend their streaming music deal

YouTube's relationships with music labels have certainly been fraught, but it just managed to reach a truce with one of them... at least, for now. The streaming service and Warner have extended licensing deals that will make sure Warner and its arti...

De La Soul’s samples are why its classic albums stay offline

Have you wondered why De La Soul is more than happy to offer its newer albums online, but has had so much trouble getting its classics (Stakes Is High and earlier) online that it gave them away at one point? You now have a good, if imperfect, explan...

Apple reportedly has two labels signed for radio service, may reveal it at WWDC

Apple reportedly has two labels onboard for radio service, may launch June 10th

Apple's long-rumored internet radio service didn't materialize as quickly as some thought, but we're getting a sudden rush of hints that it may be close at hand. The New York Times and Wall Street Journal both claim that Apple has just signed a music licensing deal with Warner, giving it two out of the big three labels it needs to start streaming -- Universal being the first, Sony being the holdout. Despite lacking one of the necessary deals, Apple is reportedly optimistic that it could unveil the radio feature as soon as WWDC. We're not counting on any music news from Apple execs when they take the stage next week, but it's good to be prepared... you know, just in case.

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Source: New York Times, Wall Street Journal

Google reportedly signs deal with Sony and Universal ahead of launching music streaming service

Google reportedly signs deal with Sony and Universal ahead of launching music streaming service

Sure, Google I/O may not focus on new products, but it might just take a moment to unveil the firm's take on music streaming. According to The Verge, Mountain View has inked licensing deals with Universal Music Group and Sony Music Entertainment for YouTube and Google Play. With Fortune having reported that a similar deal with Warner Music Group is already in the can, it's entirely possible that the search titan could reveal its Spotify-like service at the developer event, now that it's reportedly reached critical mass with major music labels. If things pan out as the Financial Times sees them, the tune streaming would complement Google Music, and likely sport paid and free, ad-supported experiences. Page & Co.'s dev shindig may not have skydivers this year, but on-demand music may be on the program.

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Source: The Verge

Warner Music Group says streaming services now account for 25 percent of digital revenue

We've been seeing plenty of evidence that streaming music services like Spotify, Pandora and Rdio are pulling in more folks than ever, and we now also have a good idea of how that growth is affecting the bottom lines of music labels. In its third quarter earnings report, Warner Music Group revealed that streaming services now account for a full 25 percent of the digital revenue for its recorded music group. As AllThingsD reports, that translates to 8 percent of Warner Music's total revenue for the quarter, or about $54 million in all. What's more, that growth in streaming appears to be a net plus for the company all around, as it's apparently not cutting into traditional sales of digital music (at least, not yet), and is also bigger than the decrease in sales of physical media.

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Warner Music Group says streaming services now account for 25 percent of digital revenue originally appeared on Engadget on Thu, 09 Aug 2012 15:41:00 EDT. Please see our terms for use of feeds.

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