Music Biz Monday // 5.13

Every Monday, we’re sharing the latest news and information for the music industry and technology worldwide.

Get your learn on and stay in the know with Symphonic’s Music Biz Monday!

ROLLING STONE LAUNCHES NEW INDUSTRY CHARTS, TAKING ON BILLBOARD’S 200 AND HOT 100 IN THE USA

Rolling Stone is launching new music industry charts in the United States to rival the long-established Billboard 200 and Hot 100.

The data for Billboard’s charts is provided by Nielsen Music under a long-standing and exclusive relationship between the two parties.

\\ Read more on Music Business Worldwide //

Instagram appears to be testing stickers with song lyrics

It looks as though Instagram is testing a new feature for stickers in its Stories feature: music lyrics that play out along with a video.

\\ Read more on The Verge //

More Information Leaks on Apple’s Standalone Music App

According to a report first published several weeks ago, Apple is preparing to split up iTunes. On desktops, at least.

Apple is now focusing heavily on Services revenue, a serious strategic shift that will have a big impact on its media platforms. Accordingly, software developer Steve Troughton-Smith discovered that the Cupertino giant would be replacing iTunes with dedicated Music, Podcast, and Video apps. Books would also receive a significant update.

The move largely makes sense for Apple.

\\ Read more on Digital Music News //

Pioneer Corporation considering selling off its stake in Pioneer DJ

Japanese financial websites are reporting Pioneer Corporation is considering getting out of the DJ business by selling its remaining stake in Pioneer DJ.

\\ Read more on Resident Advisor //

‘Old Town Road’: See How Memes and Controversy Took Lil Nas X to No. 1

TikTok dances. Nine Inch Nails. Billy Ray Cyrus. How an unknown Atlanta artist and a Dutch bedroom producer joined forces online to make a record-breaking, chart-topping smash.

\\ Read more on NY Times //

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Photo by Amelia Holowaty Krales / The Verge