Issue #347: Blockchain and Music Profitability; Deezer’s Plan to Capture Asia Pacific’s Market for Music Streaming

For its next trick, blockchain plans on making recorded music profitable again
For its next trick, blockchain plans on making recorded music profitable againwww.techradar.com
New streaming service Choon wants to pay artists more for their music. Founder Gareth Emery explains how it all works.

Behind Deezer’s plan to capture Asia Pacific’s ‘healthy competitive market’ for music streaming
Behind Deezer’s plan to capture Asia Pacific’s ‘healthy competitive market’ for music streamingwww.thedrum.com
Deezer last week announced an extension of its major deal with Hutchison 3, launching its partnership in Indonesia for the first time.

Spotify Limited & Apple Records
Spotify Limited & Apple Records500ish.com

The following seems inevitable. But sometimes stating the obvious draws some interesting concepts out of the woodwork.

Napster Names Bill Patrizio President and CEO
Napster Names Bill Patrizio President and CEOwww.billboard.com
Rhapsody International announced today (Feb. 8) that Bill Patrizio has been appointed president and CEO of global streaming service Napster.

Podcasts have a long way to go to catch up with radio
Podcasts have a long way to go to catch up with radiowww.spectator.co.uk

Podcasts have a long way to go to catch up with radio on The Spectator.

Can this company attract $1bn for songwriters in the coming years?
Can this company attract $1bn for songwriters in the coming years?www.musicbusinessworldwide.com

Spurred on by optimistic forecasts like these, institutional investors are flinging eye-opening sums towards the music business.

Apple sells out of HomePod preorders just before launch day
Apple sells out of HomePod preorders just before launch daywww.theverge.com
Order estimates in the US slipped from delivery Friday — launch day — to next Tuesday. The smart speaker appears to be sold out for in-store pickup as well.

Safaricom Set to Launch Music Streaming Service This February
Safaricom Set to Launch Music Streaming Service This Februarywww.techweez.com

As we wait for Safaricom to unveil their latest service, it is worth noting that music streaming has not been embraced by the general Kenyan public due to two factors; a majority of Kenyans still don’t believe they should pay for music that they can download for free and the issue of mobile data.

Why Music Modernization Act Is Best Path Forward
Why Music Modernization Act Is Best Path Forwardwww.hypebot.com
While the Music Modernization Act to revamp music copyright has its critics, most in the industry support it.

How Pleasence Records is rethinking the label model
How Pleasence Records is rethinking the label modelnowtoronto.com

A new music festival and podcast are part of the Toronto record label’s search for true independence.