Startups and change makers leveraging music and music technology to curate a more creative world.
The main consensus in our suggested readings this week contains some promising news about the growth of revenue in the music industry which is largely attributed to streaming.
Hope you all have a great weekend!
15% Discount on tickets to TechCrunch Disrupt 2019
Disrupt (2-4 Oct) is where the startup world gathers to see the present and the future of tech in one place. Be inspired by the insights of today's leaders and tomorrow's best startups, learn from industry analysts sharing their business expertise, witness the latest innovations and up-and-coming founders, and make the right connections easily to propel your business forward. Save 15% on tickets by using code: STARTUPDIGEST
monday.com: the collaborative project management platform
monday.com helps startup teams plan together more efficiently and execute projects that deliver results on time. Its ease of use and flexibility means fast onboarding and the ability to manage your projects your way. Collaborate on anything, see who’s doing what and when, know where things stand, and communicate in the context of any project when your team uses monday.com. Get started today with 15% off for your startup!
Streaming services and their subscription revenue has saved the music business, according to a new music industry report, which notes that 2017 was the third consecutive year of revenue growth — again, thanks to digital music consumption. Global recorded music revenues reached $17.4 billion in 2017, up from $16 billion in 2016 — an annual growth rate of 8 percent. Streaming revenues in particular have contributed to this growth, and were up 39 percent year-over-year to reach $7.4 billion, or 43 percent of all revenues.
Apple Inc.’s takeover of music-identification service Shazam faces an extended European Union probe as antitrust regulators raised concerns that the iPhone maker could use the app’s data to lure customers to its own music service.
Amazon Web Services announced Blockchain Templates late last week, a “blockchain-as-a-service” offering that competes with similar products from Oracle and IBM. The launch shows how eager the biggest enterprise players are to get ahead in the blockchain game, even if their customers are still trying to pinpoint exactly what blockchain can do for them (and some investors are starting to temper their initial excitement).
It’s been a big month for the global leader in music streaming: Three weeks after going public via a direct listing on the New York Stock Exchange, Spotify held an event today (April 24) at Manhattan’s Gramercy Theater to unveil upgrades and improvements to the free, ad-supported tier of its streaming service.
monday.com: the award-winning management platform built for teamwork
Teamwork is the cornerstone of any successful startup. monday.com is the central place where your team and work come together so everyone is synced even when things change as you grow. Collaborate on anything, see who’s doing what and when, know where things stand, and communicate in the context of any project when your team uses monday.com. Get started today with 15% off for your startup!