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Apple taking a bigger bite out of Music

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Apple is trying hard to win over the music-listening crowd. All the latest hot songs in the pop world, including Drake's "Hotline Bling" video, Taylor Swift's tour movie and the Weeknd's "Can't Feel My Face" were bankrolled by the tech giant. Top level executives like Tim Cook even have their own direct influence on music works like M.I.A's latest music video. Apple music is pushing up the amount the company spends on revenue, adding a billion dollars to the music spending to go from $1.4 billion in 2013 to $2.4 billion in 2015. Artists are pleased with the increased spending, since it gives them another option for funding outside of record labels. And several artists say they work with Apple because they have a sexy brand.

Added on the 28/06/2016 17:14:52 - Copyright : Wochit

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