Spotify CEO Daniel Ek refused to comment "on deal negotiations," when asked if the streamer was considering an investment in Universal Music Group. UMG corporate parent Vivendi is openly exploring investments in exchange for up to 50% of the world’s largest music group. During the earnings call Q&A Thursday morning,…
Category archives: Music Tech
THU. BRIEF: Spotify Disappoints Investors • Apple Ponders iHeart Play • Christmas Releases Now? • More
THURSDAY 11.1.18
Music Business News From Around The Web
Updated continuously under the More News tab
Spotify, Google Partner For Free Smart Speakers with Premium Family Plan
Spotify has partnering with Google Home to give U.S. subscribers with Premium for Family plans a free Google Home Mini smart speaker. The offer, valued at $49, is good for all subscribers through the end of the year. Spotify Premium for Family subscribers recieve Spotify accounts for up to six…
Spotify Stock Bounces Off Bottom, Analysts Stay Bullish
Spotify [SPOT] stock ticked upward Tuesday, after days of downward trading that saw the streamer hit an all time low. SPOT stock ended the day at $141.68 up 1.85%. It was up another 1.21% in pre-market trading on Wednesday, trading at $143.40. On Monday, Spotify stock fell 4.88% to close…
Miami Winter Music Conference Announces 2019 Plans
Organizers of longtime electronic music gathering, Miami’s Winter Music Conference, have announced plans to shake up the event for 2019. Under the umbrella of Miami Music Week, the Winter Music Conference [WMC] will return to Miami Beach from March 25-28 in the Faena District, centered on the downtown Faena Hotel….
WED. BRIEF: Big Machine Sale Tops $300M • Winter Music Miami • Facebook Embraces Stories • More
WEDNESDAY 10.31.18
Music Business News From Around The Web
Updated continuously under the More News tab
Is Radio Destined To Become The Next Blockbuster Video?
The rise of tech giants like Amazon and Netflix has left a number of bodies in their wake, include former brick and mortar businesses like Blockbuster Video and Toys R Us. Now, as the streaming continues to dominate the music consumption, we’re starting to wonder – could radio be next?…
Is Radio Destined To Become The Next Blockbuster Video?
The rise of tech giants like Amazon and Netflix has left a number of bodies in their wake, include former brick and mortar businesses like Blockbuster Video and Toys R Us. Now, as the streaming continues to dominate the music consumption, we’re starting to wonder – could radio be next?…
Universal Music Global Accelerator Network Adds 8th City
Universal Music Group’s Global Accelerator Engagement Network has added its eighth partner with the addition of the Melbourne, Australia Accelerator Program (MAP) Since launching in 2012, the UMG initiative has backed over 100 startups – 28 of which were digital music ventures – that have raised more than $70 million…
Behind The Curtain: Inside The Bandzoogle Support Team
Hypebot chronicles music tech and how its changing music discovery, consumption, marketing and monetization. But seldom do we get to share a look behind the scenes at the people that make it all work. Now, the fine folks at Bandzoogle have offered a look at a day in the life…