Apple Music drives first serious music industry growth since 1999

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Apple Music is doing good in the eyes of record labels.
Photo: Jim Merithew/Cult of Mac

Apple Music is having a big impact on the profitability of the music industry, according to a new report from the Recording Industry Association of America.

How big? Apple Music is one of the key players driving what looks to be the recording industry’s first back-to-back yearly growth since 1998-1999.

Surge in Spotify subscribers makes it twice as big as Apple Music

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Spotify
Exclusives aren't slowing down Spotify.
Photo: Jim Merithew/Cult of Mac

Apple Music doesn’t appear to be slowing Spotify’s growth at all, based on the number of paid subscribers the rival streaming service has added in 2016.

During the iPhone 7 event, Apple boasted that it has 17 million paid subscribers. Spotify CEO Daniel Ek fired shots back on Twitter this morning, revealing his company has more than twice as many paid music listeners.

Frank Ocean pulls off heist of the year with Endless and Blonde

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Frank Ocean Blonde on Apple Music
Frank Ocean pulls a fast one with his Apple Music exclusives, Endless and Blonde.
Screenshot: Cult of Mac

By Brandon Shaw

I know, you’re tired of hearing, “Frank Ocean’s new album is amazing!!!” Me too. I’m interested less in the album itself, and more in what it means for the future of music.

With a pair of Apple Music exclusives, Frank Ocean pulled a fast one on his old record label — and shook up the the entire record industry. It’s the latest indicator that Apple sits at the center of a rapidly evolving music industry, where rules and strategies are changing by the minute. Now everyone from Spotify to Universal Music Group is frantically trying to figure out what to do.