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HITS HIGH FIVE: NEW YEAR'S DAZE

Whether you are crawling out from the snow of New York or through the now-legal marijuana haze in Los Angeles, we provide a clear path to the issues that matter during the first week of 2018.

Q1 is looking at a slew of major releases starting with SYCO/Epic’s Camila Cabello and including Island/DCD2’s Fall Out Boy and this year’s Super Bowl performer Justin Timberlake.

The coming year will see plenty of change in the music business including Jimmy Iovine’s departure from Apple Music.

The return of Justin Timberlake.

Spotify filed IPO documents with the SEC at the end of December and is looking to make a direct listing. Daniel Ek’s company wasn’t talking about the money play but did announce the service is up to 70m subscribers.

On-demand audio streaming increased to 400 billion streams in 2017. Under current industry-standard chart metrics, that would translate to 267 million equivalent albums. Proposals currently being negotiated would increase paid streams in value by counting 1,250 streams as one album.

 

 

 

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