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Streaming music rises, CD sales fall and Apple may rebrand Beats into improved streaming music service

This may be behind the reason that Apple acquired Beats and its associated streaming music service last year. As of now, revenue from music streaming is now overshadowing CD sales in the US, according to new data published by the Recording Industry Association of America on Thursday, signalling a sea-change in favor of services like […]

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Finance News

Apple purchases Semetrics music analysis service, puts itself in better position to track users’ music listening habits

Apple’s interested in what you’re listening to. Especially if it helps to justify having spent several billion dollars for Beats. Per The Guardian, Apple has acquired British startup Semetric, which runs the Musicmetric analytics tool, as part of its plans to relaunch its Beats Music streaming music service later in the year. In documents filed […]