Apple Music In The News

iHeartRadio confirms new subscription platforms – licensed by all three majors

Universal, Sony and Warner license new service

Apple Music hires former Sony exec Scott Seviour to create original content

Seviour worked across J Records, RCA and Epic for 13 years

iHeartRadio signs major label deals to launch Spotify rival in Q1 2017

Spotify rival 'All Access' coming alongside new ad-free 'plus' product

David Kokakis promoted at UMG to EVP/Head of Business & Legal Affairs, Biz Dev and Digital

Exec has handled negotiations with Apple, YouTube and Amazon

Apple Music helps US recorded music market grow 8.1% in first half of 2016

Average subscription price grows to $9.23

Warner commits to SoundExchange artist payments as it signs Pandora deal

Major joins UMG, Sony and Merlin

Spotify growth outpaces Apple Music as it officially tops 40m subscribers

Daniel Ek's platform has added 12m subscribers this year alone so far

Warner holds out on Pandora as UMG and Sony sign direct deals

Traditional SoundExchange payout model looks to be under question