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Universal Music shares surge on rising Apple music subscription prices

Shares of Universal Music Group NV–the music major behind The Weeknd, Billie Eilish and Taylor Swift–jumped Tuesday after Apple Inc. raised the price of its Apple Music streaming service, a move that is expected to bring in additional revenue for the world’s largest music company.

At 0730 GMT, Universal
UMG,
+10.53%
shares were 9% higher at EUR20.60.

The iPhone maker
AAPL,
+1.35%
said the cost of an Apple Music subscription in the U.S. went up $1 a month to $10.99. Apple Music’s annual cost rose to $109 from $99. The tech giant, which also raised prices for its Apple TV+ streaming service, attributed the increases to the rising cost of licensing music.

Higher Apple Music subscription costs should translate into more streaming revenue for Universal, analysts at Citi wrote in a note to clients.

“As Apple itself notes, one of the drivers of the price increase was the need to

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Corporate Background Music

For the first time in history, artists don’t have to spend 1000’s of dollars to put out a success music — and issues will only continue to get sooner, cheaper, and less complicated. If we simply have a look at coronavirus in worry and reside in its shadow, it’s going to overwhelm us. If we take a look at how we are able to better ourselves and our business as a result of our ordeal, we might be stronger in the end.

Colleges

The Big three have the sources to resist a downturned economy while the smaller music supply companies don’t. In addition to the University’s regular admission course of, there’s a separate admission process for a scholar to be admitted as a music major.

However, it’s necessary to take special care that your small business qualifies under the exemption and that you only use terrestrial radio/television sources. For most … Read More

John Legend Left A Safe Corporate Job After College To Pursue Music

Music Jobs Near Los Angeles, Ca

music jobs

My craftsmanship had reached some extent the place I felt like I was now not writing student works, professional ensembles would strategy me to write down for them, and I was bringing in money for the work I was placing in. Web-based publications want content material to stay present, and many it. The sheer number of on-line publications creates an enormous opportunity for composers and producers to write articles, tutorials, and critiques to be revealed on music and audio-related web sites and blogs.

If you’re a musician and a half-decent writer, you’re a prime candidate for these jobs. Music educators and performing artists often want tunes to be notated so they can hand out sheet music throughout lessons, rehearsals, and performances. You can use business-standard music notation software corresponding to Sibelius or Finale to create skilled scores and lead sheets (if you’re transcribing guitar … Read More