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Are Users Really Abandoning Apple Music?
Wednesday, August 19, 2015 - 3:04pm | 398Music Watch released a survey recently, according to which 48 percent of users who signed up for Apple Inc. (NASDAQ: AAPL)'s Apple Music have stopped using the service. However, in a statement given to The Verge on Tuesday, Apple denied this claim, rebutting that a full 78 percent are still...
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Does Apple Music Help Or Hurt Pandora? Morgan Stanley Has An Answer
Thursday, July 9, 2015 - 8:22am | 380In a report published Thursday, Morgan Stanley analyst Benjamin Swinburne discussed why Pandora Media Inc (NYSE: P)'s risk to reward profile is improving despite growing competition and uncertainty regarding an upcoming Copyright Royalty Board (CRB) ruling. Shares of Pandora remain Equal weight...
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Apple Aims High For Streaming Music Business
Monday, June 8, 2015 - 5:01pm | 368Apple Inc. (NASDAQ: AAPL) aims to sign up 100 million users to its streaming music service unveiled Monday at its Worldwide Developers Conference in San Francisco. Apple acquired a streaming music business as part of its $3 billion purchase last year of Beats Electronics; the company...
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Can Apple Convince Spotify Users To Pay $10 A Month For Music?
Tuesday, June 2, 2015 - 2:42pm | 509After allegedly attempting to stop Spotify from streaming free music, Apple Inc. (NASDAQ: AAPL) is reportedly ready to announce its own on-demand streaming music service. Unlike Spotify, Apple's service isn't expected to offer a free listening option. This might explain the firm's...
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Apple's U.S. Smartphone Market Share Grows; Facebook Top App
Monday, May 11, 2015 - 8:08am | 456ComScore, a global leader in digital media analytics, reported last week key data relating to the U.S. smartphone industry for March 2015. According to ComScore, Apple Inc. (NASDAQ: AAPL) improved its OEM market share to 42.6 percent from 41.6 percent at the end of 2014. Samsung Electronics Co...
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3 Ways Apple's Music Service Can Dominate The Competition
Thursday, March 26, 2015 - 2:31pm | 678If a year's worth of reports are accurate, including a new one from the New York Times, Apple Inc. (NASDAQ: AAPL) plans to release another streaming music service. Apple can't win the war for listeners by launching a simple Spotify clone, but there are a few ways the company could take...
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How Apple Could Add $100 Billion To Its Market Cap
Tuesday, February 24, 2015 - 8:37am | 683Apple Inc. (NASDAQ: AAPL) is rumored to be developing its first automobile, but the iPhone maker might be better off investing in a new streaming video service. Cody Willard, chairman of Scutify (a financial social network), told Benzinga about the benefits of disrupting pay-TV. "[Apple...
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Apple Might Push Beats Music To All iPhone Users, But Will It Be Free?
Thursday, November 20, 2014 - 12:57pm | 590Apple Inc. (NASDAQ: AAPL) might not retire Beats Music after all. The Cupertino, California-based tech giant was expected to close the service and possibly integrate the technology into its own line of music products -- iTunes and iTunes Radio. According to the Financial Times, Apple now...
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Why Would Apple Inc. Close Beats Music? Experts Weigh In
Wednesday, September 24, 2014 - 10:38am | 738Apple Inc. (NASDAQ: AAPL) is rumored to have closed Beats Music, the streaming music portion of Beats Electronics. The company has since denied this claim, but additional reports claim the Beats Music brand will be eliminated. "The [Apple] brand is incredibly strong, so I was...
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Streaming Music And Royalties: Who Pays The Most?
Thursday, August 7, 2014 - 10:33am | 1113How much can labels really make from streaming music? Pandora: Up To $0.00137 Per Play In June 2013, Cracker vocalist David Lowery claimed that he was paid $16.89 for a song that was played more than 1.15 million times on Pandora (NYSE: P). Pandora co-founder Tim Westergren responded to...
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Was Apple Smart To Buy Beats Over Spotify?
Friday, May 30, 2014 - 10:00am | 554Before the acquisition was official, it was easy to second-guess the rumor that Apple (NASDAQ: AAPL) planned to acquire Beats Electronics. Now that two entities have confirmed their intent to merge, investors will start to take a closer look at Apple's decisions. "Here, I will give some...
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Did Apple Just Spend $3 Billion On 'Mediocre' Headphones?
Thursday, May 29, 2014 - 3:15pm | 609Apple (NASDAQ: AAPL) made a stunning announcement Wednesday afternoon: the company confirmed reports that it planned to buy Beats Electronics. The $3 billion purchase price is a tad lower than expected, but it will still make Dr. Dre the world's richest hip-hop artist. "Music is such an...
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The Reasons Behind Apple's Reported Acquisition Of Beats
Friday, May 9, 2014 - 10:08am | 659Apple (NASDAQ: AAPL) will reportedly buy Beats for $3.2 billion as early as next week according to the Financial Times. The big question is why? The answer, Re/Code said, comes in two-parts - headphones and streaming. For $3.2 billion, more than Apple has paid for any acquisition, the company...
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Spotify Vs. Pandora Vs. Google Music Vs. iTunes Radio Vs. Xbox Music
Wednesday, March 26, 2014 - 2:22pm | 1451Last fall, Benzinga wrote about the deluge of streaming video players. Now it's time to tackle another area that has become bloated with too many options: streaming music. Ranging from straight radio to full on-demand services, the streaming music business is one of the most overcrowded...
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Samsung's New Milk Music Service Enters Crowded Field
Tuesday, March 11, 2014 - 11:22am | 588Despite the fact that Samsung's (OTC: SSNLF) new streaming Milk Music service, which the company launched Friday, is both free and ad-free, it hasn’t exactly set the tech world on fire. Part of the reason is that the space is already crowded. Consumers have their choice of any number of...