Even more significant is the fact that it was adding these millions of new users in the face of growing competition from Apple Music and YouTube, the latter of which also finds itself in the news on this first day of summer.
As Recode reports, superstar Taylor Swift has joined the music industry s charge against the service Google bought in 2006 for $1.65 billion and now claims more than 1 billion video views per month as it also expands big time into streaming music.So what s their beef with YouTube?
As Recode explains, musicians and companies that own music are complaining that Google s video site doesn t give them enough money for the use of their music, and that YouTube doesn t give them a real choice about whether and how their music is used.
YouTube defends itself by arguing that it makes a ton of money for the music industry and that its proprietary tools help music owners to control their works.The battle is expected to drag on like one of those slow-playing LP albums your grandpa used to spin for hours.In the meantime, here s a bit of the letter the coalition sent to lawmakers:Issuing a sharp criticism of the Digital Millennium Copyright Act, the musicians claim the law was written and passed in an era that is technologically out-of-date compared to the era in which we live.
It has allowed major tech companies to grow and generate huge profits by creating ease of use for consumers to carry almost every recorded song in history in their pocket via a smartphone, while songwriters and artists earnings continue to diminish.
Apple Music, among others, poses a huge threat, already claiming 13 million paid users in the short 12 months since it was launched.Photo credits: Spotify and Taylor SwiftTags: Apple Music, DMCA, spotify, streaming, youtube