Music Business Roundup: Apple Music to Launch, Global Release Day Change, & More

Kelsea Ballerini Each week on Songwriter U, Songspace recaps the top stories in the world of music business. Here’s everything you need to know from the week ending on June 12th. Apple Music Announcement The beginning of the week was marked by a big announcement by Apple: the long time rumored streaming service Apple Music will officially launch at the end of June. The industry quickly analyzed aspects of the product, noting the $9.99 a month price (or $14.99 for a family subscription) and the global twenty-four hour radio station that will be lead by Zane Lowe. Other major talking points include the 3 month free trial that will apparently not payout anything to rights holders, and the legal issues involving the major labels and antitrust laws. Read More... Global Release Day to Change to Friday Though this was a talking point earlier this year, it has now been confirmed that the new global release day for music will be on Friday starting July 10th. The main goal of this move is to get all of the countries to release on the same day so that artists can promote one worldwide day and fans can all expect to get new music on the same day. There is also a new branding effort supporting New Music Fridays to let consumers know of the change.Sign In to Keep Reading

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