Exploration Audio Newsletter - May 7, 2021

The European Commission launched an anti-trust investigation into Apple’s App Store rules last year and recently published its preliminary findings on April 30, telling Apple that it has “abused its dominant position for the distribution of music streaming apps through its App Store'' and “distorted competition in the music streaming market”. Apple now has the opportunity to examine the findings and respond in writing to argue its case.

YouTube Shorts will roll out to all creators in the US as of next week, meaning that all creators will now have access to the Shorts camera, which comes complete with a full suite of proprietary editing tools. The feature will also be replacing the “Explore” tab in the YouTube mobile app.

Although new subscriber additions, acquisitions, and investments were part of many factors that contributed to the streaming boom in 2020, the reopening of theaters and music venues during the post-vaccination stage in 2021 is expected to slow growth and adjust expectations for streaming services like Spotify and Netflix.

Exploration: https://exploration.io/exploration-weekly-eu-accuses-apple-in-anti-trust-investigation-yt-shorts-available-to-all-us-creators-streaming-growth-expected-to-slow-in-2021/
Instagram: www.instagram.com/exploration.io/
Twitter: twitter.com/explorationio
LinkedIn: www.linkedin.com/company/exploration/
YouTube: www.youtube.com/channel/UC80DStgkJmdD_g8e8HCscbg
Facebook: www.facebook.com/Exploration-233113100184682
SoundCloud:@helloexploration
PodBean:explorationgroup.podbean.com/ 

#EU #Apple #YTShorts #Streaming #MusicIndustryReport #ExplorationWeekly