YouTube has congratulated itself for creating stealing Live Premieres, which has apparently proven very successful. Over the summer last year, YouTube unveiled brand-new copied monetization features. ‘Borrowing’ competitors’ ideas, Google’s popular vid…
Author archives: Daniel Sanchez
Spotify Reportedly in Talks to Purchase Gimlet Media, a Podcasting Company, for $200 Million
Spotify may have just pushed its attempt to capitalize on the booming podcast market into overdrive. Several weeks ago, in a note trimming Spotify’s price target to $170, Morgan Stanley maintained the company’s Overweight rating. Explaining how the str…
Sony Music Brought in over $2 Billion in Streaming Revenue in 2018
Streaming music continues to boost Sony Music’s bottom line. Sony has released its financials for its full-year third fiscal quarter (FY Q3) of 2018. The three months ended December 31st, 2018. Last year, Sony Music (along with its labels) brought in …
Losing Faith in PledgeMusic, the British Musicians’ Union Urges Artists to Use Another Platform
PledgeMusic executives have yet to convince the British Musicians’ Union it can turn things around and get artists paid. Frankly speaking, PledgeMusic isn’t in a very good place right now. Industry analyst Bob Lefsetz recently published a significant n…
Penske Media Completes Its Acquisition of Rolling Stone Magazine
Penske Media has finally completed its acquisition of Rolling Stone. Last summer, Penske Media Corporation (PMC) made a strategic investment in BuzzAngle Music. To ‘leverage its key brands’ – Variety, Rolling Stones, Deadline, and Indiewire – PMC wants…
Amidst IP Litigation Suit, Spotify’s Launch Reportedly Delayed Until February or March
So, when will Spotify launch in India? Spotify now faces a copyright infringement lawsuit. Filed at the US District Court of Delaware, Excalibur, an IP licensing company, claims the streaming music giant infringes on its ‘digital fingerprint’ software….
German Promoter Association Wins a Key Case Against Secondary Ticketing Platform Ticketbande
European regulators and courts continue to rule against secondary ticketing platforms. BDKV has won its case against top secondary ticketing platform Ticketbande in Germany. The Regional Court of Hanover has now prevented the platform from reselling ti…
Mariah Carey Pushes Aside Women’s Rights Groups and Performs in Saudi Arabia
Despite multiple calls for the concert’s cancelation, Mariah Carey made history performing in Saudi Arabia. Mariah Carey has performed in Saudi Arabia, despite growing calls for the pop singer to cancel her concert. The concert took place at King Abdu…
Kanye West and TIDAL Quietly Settle The Life Of Pablo Lawsuit
Three years ago, Kanye West released The Life of Pablo exclusively on Jay-Z’s streaming music service, TIDAL. Immediately after the release of his album, Kanye West went on Twitter to boldly proclaim the following. “My album will never never never be o…
Two More Firms Downgrade Spotify Shares
Despite a turbulent 2018, Spotify appears poised to do well on Wall Street in 2019. Last summer, Spotify’s stock came close to breaking $200 on the New York Stock Exchange. Following a turbulent global stock market, though, which saw prices fall around…