Popular navigation app Waze has added 7 audio services including Pandora, Deezer, iHeart and TuneIn to its Waze Audio Player, designed to seamlessly stream audio alongside Waze driving directions and alerts. Spotify was announced as a launch partner last year. The 8 Waze audio partners are Pandora, Deezer, iHeartRadio, NPR…
Category archives: Music Tech
Spotify Stock Hits All Time Low Ahead Of Earnings Call
Spotify stock fell 4.88% on Monday to close at at $139.11, an all time end of day low for the streamer. That’s a fall of 24% in the last month. Spotify’s market cap is now $25 billion, down 30% from a summer peak of a $198.99 per share price and…
TUE. BRIEF: Sony Music Revenue Up • Spotify Stock Falls • Prince Documentary • New Kanye • More
TUESDAY 10.30.18
Music Business News From Around The Web
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QUICK HITS: YouTube Nashville • Live365 • ONErpm • Position Music • Big Deal • Warner/Chappell
YouTube expands its Nashville team: Copeland Isaacson joins as Artist Relations Manager and Rachel Whitney as Country Music Programming Manager. "It’s critical that Nashville receives the support and respect from YouTube it deserves and bringing on two of Nashville’s very best, Copeland Isaacson and Rachel Whitney, is a strong signal…
SoundCloud Bows To Critics, Revises Premier Agreement
SoundCloud has revised its Premier agreement, which artists must sign before they can monetize their music on the platform, after receiving almost universal condemnation. Like a similar free service from Spotify, SoundCloud allows Premier artists to monetize their music without going through a distributor or aggregator. But the SoundCloud Premier…
Is Spotify Already Too Big For Record Labels To Stop It From Competing With Them? [Mark Mulligan]
Spotify has made some radical moves lately including direct deals with artists that include cash advances to offering free Spotify distribution to all and then buying part of distributor DistroKid to help artists put their music on its competitors. Collectively, they are causing concern at the record labels. But as…
MON. BRIEF: Soundcloud Monetization Slammed • Impala Battles Sony EMI • Live Music Tops 30B • SiriusXM • More
MONDAY 10.29.18
Music Business News From Around The Web
Updated continuously under the More News tab
This Week In Music Commentary
On the commentary side of the music industry this week, we heard from YouTube’s CEO warning creators about the dangers of Article 13, remembered music philanthropist Paul Allen, and explored some the questions around Spotify’s investment of Distrokid. YouTube CEO Attacks Article 13 In Letter To Creators As ‘A Threat…
TikTok Responds to Shutdown Rumors — ‘#FakeNews’
TikTok has addressed the recent — and very persistent — rumors of its pending shutdown. The company blasted a short tweet dubbing the rumor ‘#FakeNews’. The rumor started after a screenshot was shared of the official TikTok US account. An official twe…
REWIND: The New Music Industry’s Week In Review
In this scroll back through happenings in the music industry of the past week, we revisit Spotify’s stock price dip, a massively expensive Beatles Pinball Machine, how the rise of smart speakers has been impacting music consumption (in a good way!) and much more! Spotify Stock Below IPO Day Price,…