Apple’s Eddy Cue and Beats co-founder Jimmy Iovine discuss the Beats acquisition shortly after the announcement last year.
The rumor mill continues to churn about what the hell Apple is going to do with Beats Music. It’s been a year since Apple paid $3 billion to acquire the upstart music service and headphone maker, but we are no closer to understanding why Cupertino laid out the cash.
When Apple purchased Beats Music and Beats Electronics, it did so with a splash it generally reserves for the unveiling of a game-changing product like the Apple Watch. Since then, it’s basically been crickets.
It is clear Apple has a way to go to compete in the streaming music game against Spotify, Pandora and the other services scrambling to get a piece of the music industry pie. But what form will Apple’s next music play take?
Spotify wants to make you a harder, better, faster, stronger runner.
Apple is expected to unveil its huge overhaul of Beats Music in just a few weeks at WWDC but Spotify is firing shots first in the battle for music streaming dominance with a huge update for its iPhone app.
Spotify took the wraps off its new music experience at a keynote this morning, revealing a new Now start page for music discovery to go along with additions such as podcasts, video clips, original content, and an awesome new feature for joggers that matches songs to your running tempo.
Tidal CEO and former Samsung sellout Jay Z may have wiped himself off the list of celebrities set to receive a complimentary Apple Watch, thanks to a vicious freestyle rap aimed at Apple, Spotify and YouTube.
Spotify is upset that Apple rinses subscription services for money. Photo: Jim Merithew/Cult of Mac
Spotify’s not happy about the way that Apple charges a 30 percent fee toward sales thorough its App Store, including subscription services.
The tax structure means that in order for Spotify to make $9.99 per month for its premium service it has had to raise the app subscription price to $12.99 — which prices it out of the market compared to the lower-cost Apple-owned Beats Music service, set to launch this summer.
Jimmy Iovine, Tim Cook, Andre Young, and Eddy Cue. Photo: Apple
Apple plans to launch a new streaming music service this spring, but music industry insiders say Apple isn’t trying to just compete with Spotify, it wants to become the music business.
Tim Cook and Jimmy Iovine were two of the most in-demand people at this year’s Grammys. Eddy Cue and iTunes VP Robert Kondrk were also in attendance according to a new report from Billboard, which claims artists and labels execs alike were lined up at Clive Davis’ pre-Grammy gala to get a meeting with the biggest names in tech that are now poised to take on music, again.
Jimmy Iovine has devoted recent weeks to meeting senior execs at major and indie labels to talk about the new music service that will launch by summer at the latest and come alongside a major redesign of the iTunes Store as the company struggles to adapt to decline music sales.
Spotify now has a whopping 60 million active listeners, 15 million of which are paying for a Spotify Premium subscription, the European company confirmed today. Spotify has added around 2.5 million paying subscribers in just two months — and that’s despite being given the boot by Taylor Swift.
Google today announced a new Apple AirPlay competitor called Google Cast, which lets you stream audio from a whole bunch of popular apps to Cast-compatible speakers. The search giant has teamed up with a number of popular services for its launch, including Pandora, Rdio, and NPR One.
Merry CultCast, boys and girls! This week: Santa gets a little “grabby”; Apple wins a major lawsuit; our iPhones deserve “rollover” data plans; the incredibly low payouts artists get from Spotify; and the high-end gifts we really want but will never get on an all-new Get To Know Your Cultist.
Thanks to Audible for supporting this episode. Audible, the home of over 150,000 audio books from practically every genre in existence. Grab our Leander Kahney’s book, Jony Ive: The Genius Behind Apple’s Greatest Products, for free with a 30-day Audible trial.
Is there room for Bose now that Apple has Beats? Photo: Beats
The battle for your eardrums is about to heat up in 2015, as a new report suggests Bose is planning to take on Beats with its own music streaming service next year.
Bose is quickly trying to transition into a media company, according to Hypebot which reports the company is readying its own “next generation streaming music platform” to take on Apple, Pandora, and Spotify. Details of Bose’s music streamer have been kept secret, but it isn’t being shy about its ambitions to poach some of Apple’s top designers.