Heavy spending, weak financials, and ‘migration challenges’ at Eventbrite are spooking Wall Street. As part of its aggressive international expansion plan, Eventbrite recently confirmed the launch of a localized platform in Singapore. The company will …
Author archives: Daniel Sanchez
Amazon Unveils Ticketmaster Functionality in Alexa-Enabled Devices — Including Seat Selection
“Alexa, where are my Ticketmaster tickets?” Yesterday, Amazon unveiled a new feature – Song ID. Prime Music and Music Unlimited subscribers in the US can now easily identify a song’s title and artist. Users can simply activate and deactivate the featur…
The Supreme Court’s Ruling on Copyrights Leads to a Sudden Halt of Fortnite-Related Lawsuits Against Epic Games
Will artists and gamers now stop suing Epic Games over Fortnite dance moves they don’t own the rights to? It’s no secret Epic Games’ popular video game, Fortnite, remains immensely popular around the world. Several weeks ago, for example, Marshmello ma…
Spotify Expands Strategic Partnership With Samsung, Bundling the App on Millions of New Mobile Devices
Spotify has expanded its partnership with Samsung, even bundling 6 months of Premium on select Galaxy devices. Last summer, Samsung officially unveiled a long-term partnership with Spotify. The new deal would allow the streaming music giant to serve as…
Germany’s Recorded Music Revenue Dipped Nearly 1% In 2018 — Despite a 40% Surge In Streaming
As streaming continues to rise in the country, the German music industry continues its transition from physical sales to digital sources. Several months ago, German music association Bundesverband Musikindustrie (BVMI) released a report underscoring th…
Amazon Unveils Song ID, Telling Users What Song is Playing, But Only for US Echo Devices
Amazon has made a brand-new innovative feature – Song ID – available only for Prime Music/Unlimited subscribers. At the Mobile World Congress (MBW) in Barcelona, Universal Music Group (UMG) CEO and Chairman Lucian Grainge shared some good advice to all…
Following Its $3.5 Billion Acquisition, SiriusXM Forms the First Dedicated Original Content Team at Pandora
SiriusXM has now capitalized on its Pandora acquisition. In a surprise move last September, Liberty Media’s SiriusXM confirmed it had fully acquired Pandora Radio. The $3.5 billion all-stock deal valued Pandora at $10.14 per share. In a conference cal…
CTS Eventim Consolidates Its European Promoter Network Into ‘Eventim Live’
German ticketing giant CTS Eventim continues to expand its reach across the European market. CTS Eventim has remained pretty successful. Publishing its H1 2018 financial results last summer, the German ticketing giant revealed its revenue jumped to $70…
After Six Years and Two Court Defeats, ‘Used MP3’ Service ReDigi Appeals to the Supreme Court
Despite its best efforts, the Supreme Court may ultimately overlook ReDigi’s desperate last-minute appeal against Capitol Records. Let’s face it. ReDigi never had a viable business model to start with. Founded in 2011, users on the online marketplace …
The Orchard’s Co-Founder Scott Cohen Joins Warner Music Group as Chief Innovation Officer
Scott Cohen will now help chart Warner Music Group’s long-term music strategy. In addition to its brand-new deal with Dubset, Warner Music Group (WMG) has confirmed a major hire. Scott Cohen, Co-Founder of Sony’s The Orchard, will now serve as Chief In…