Daniel Gumble at Music Week: Revenues from streaming services such as Spotify and Apple Music now account for 83% of the music sales the first half of 2016, compared with 80% of sales for the same period in 2015. Physical sales continued to grow … [Continue reading]
“Airbnb is making it harder for hotels to price gouge customers”
Alison Griswold at Quartz: Either way, compression nights are incredibly important to the hotel industry. UBS estimates that hotels make anywhere from 35% to 70% more revenue per available room (RevPAR) during sold-out nights because of the steep … [Continue reading]
“Breadth and Depth”
Nick Heer at Pixel Envy: There’s an implicit unsaid followup to many of the questions about the debut of Maps and Apple Music, which goes something like this: In what specific ways are the lessons learned from the launch of these products impacted … [Continue reading]
“How ‘No Man’s Sky’ Is Like Reading”
Robin Sloan at The Atlantic: Imagine yourself a game developer in the era of Twitch, the livestreaming platform on which hundreds of thousands of viewers at a time, sometimes millions, gather to watch other people play games. For you, the … [Continue reading]
“It’s About to Get a Lot Easier for Apps to Talk to Each Other”
Klint Finley at WIRED: Starting today, developers can embed IFTTT within apps and enable users to connect the hundreds of apps that the service supports. That means that the world of apps is about to get a bit more like the web. Just as any website … [Continue reading]
Cord Cutting Continues to Accelerate
Jan Dawson at Beyond Devices: This is going to be a longish post, in which I’ll dive into lots of the detail around what’s really happening in the US pay TV market. But the headline here is that cord-cutting continues to accelerate, a trend that’s … [Continue reading]
“Everything That Makes China’s New Traffic-Straddling Bus So Fascinating”
Jalopnik: So, how does a radical drivable bridge that costs (according to initial estimates from 2010) $75 million or so save money? By making it possible to not spend about ten times that much building a subway system. (...) We see there that the … [Continue reading]
Every Day Major Music Companies Earn $10M Million In Streaming Revenue
Bruce Houghton at hypebot: This week Sony Music reported a 39% year-on-year rise in digital streaming revenue to $25 million a week or $3.3 million per day. Universal reports earning just over $4 million per day and Warner Music logs in at about $2 … [Continue reading]
“Twitter is the strange new kingmaker of the 21st century”
Jillian York at Quartz: And so the verification policy gives Twitter—a corporation whose purpose it is to maximize shareholder profit—the ability to play kingmaker. By verifying a 17-year-old kid whose funny Vine posts have gotten him thousands of … [Continue reading]
“Tesla’s entire future depends on the Gigafactory’s success, and Elon Musk is doubling down”
Michael J. Coren at Quartz: While it builds out its factory, Tesla is racing against a global ramp-up in lithium-ion battery production. China’s BYD has poured billions into its own battery cell technology that will likely match Tesla’s battery … [Continue reading]
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