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Let the Beats Go On: European Commission OKs Apple’s $3B purchase of Beats

“The European Commission issued a press release to say that the Apple-Beats deal cleared under the EU Merger Regulation legislation. The goal of the EU’s merger policies is to examine such deals and "prevent harmful effects on competition."

“Apple has confirmed it will buy Beats for $3 billion, making it the company’s largest acquisition ever. Beats is best known for its premium headphones, but also recently launched a subscription music streaming service that was the key to Apple’s interest.

“The commission said on Monday that although both Beats and Apple sell headphones in Europe, their combined market share is low and the two companies are not close competitors. The EU noted that headphones from Apple and Beats "differ markedly in functionality and design."

It was also said that major headphone competitors, such as Bose, Sennheiser and Sony, would remain in the marketplace after the Apple-Beats deal closes.”

via European Commission OKs Apple's $3B purchase of Beats.

It’s now up to US regulators to issue their approval, and it would be surprising if this didn’t happen soon.

Dear Music PR Person, You’re Doing It Wrong

If you send out digital music files or CDs, do it right, or reviewers will simply ignore what you send them. I get a lot of music to listen to and review. I review classical CDs for MusicWeb International, and I review lots of CDs and downloads here on Kirkville. When I get CDs, I […]

AAC: Apple’s Preferred Audio Codec

It seems that almost every day I read something about people not wanting to rip their music in AAC (the default format for iTunes and the iPod) because “it’s a proprietary format”, or “because it is owned by Apple.” I see this in forums and blog comments from people who seem to have a fair […]

Is iTunes About to Start Selling Hi-Res Music, or Is a Record Label Confused?

I came across a curious announcement from Warner Classics this morning. They say that they will be releasing some music in high definition on iTunes. Talking about some remastered albums by Herbert van Karajan, they say: This treasure trove has been painstakingly remastered at London’s Abbey Road Studios in 24-bit/96kHz from the original tapes, available […]

Some iTunes Store Music Previews Shrink to 30 Seconds

Since 2010, the iTunes Store has offered 90-second previews of music for tracks that are longer than 2:30. This was done because 30 seconds simply isn’t enough to sample music. But suddenly, many tracks on the iTunes Store are only offering 30-second previews. I checked a number of albums, and found that many have 30-second […]

Is This the Future of Hi-Fi?

Writing at The Computer Audiophile, Chris Connaker has an article laying out what he sees as The Future of HiFi. As always, he presents a number of interesting points, explaining why the future of digital music is in the cloud, by subscription, and lossless quality or higher. But Chris is wrong when he suggests: All […]

Streaming Music Revenue Makes Big Increase, CD Sales Fall Again

Nielsen SoundScan has released its mid-year report of digital music sales, and music streaming has made a huge leap in the past 12 months. In the middle of 2014, streaming has nearly doubled over last year, though there is a different way of calculating streaming. The music industry uses “stream equivalent albums” (SEAs) when making […]

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