Thursday 3.2.17 Hi-rez music is a smart way to increase revenue for both streamers and rightholders, but how many will sign up? Updated continuously under our More News tab
Category archives: Music Tech
Coachella Website Hacked, User Data On Almost 1 Million Attendees For Sale On Dark Web
The Coachella festival website has been hacked and user data stolen. Promoter Goldenvoice confirmed the data breach in an email to attendees. ___________________________________ Promoter Goldenvoice has confirmed that The Coachella festival site has been hacked and the user data of hundreds of thousands of attendees stolen. “We recently discovered that…
Crowdmix CEO Alleges "Gangster" Investor Used "Blackmail" To Gain Control Of Company
Crowdmix was one of music tech’s most spectacular failures ever. After raising more than $18 million, the startup quickly went down in flames without ever launching a public product. _____________________________ The CEO of failed music tech startup Crowdmix broke six months of silence this week, telling a UK court that…
Sound United (Polk Audio) Acquires D+M (Denon, Boston Acoustics)
Two of the biggest names in consumer audio Sound United, parent company to Polk Audio, Definitive Technology and Polk BOOM has acquired the D+M Group, owner of the Denon, HEOS by Denon, Marantz and Boston Acoustics brands. The D+M Group is the largest supplier of audio/video receivers worldwide and a…
Pandora [NYSE: P] Stock Flat
[UPDATED] A day after Pandora fell 6% on news that Liberty Media was in no hurry to combine the streaming music service and it’s majority-owned SiriusXM, it’s stock rebounded slightly on Tuesday, then fell back in after hours trading. ________________________________ Pandora [NYSE: P] stock rose 1.29% on Wednesday, then fell…
WED. BRIEF: Liberty Denies Pandora Merger • Sound United Acquires D+M • Spotify Expands Daily Mix • More
Wednesday 3.1.17 Music Business News From Around The Web Pandora is not really looking for a buyer, but every hint of interest or rejection sends it stock on a rollercoaster ride. Updated continuously under our More News tab
Facebook Looks To Hire Legal Director Of Music Licensing As It Beefs Up Music Team
A new job posting adds provides further proof that Facebook is finally getting serious about music. Facebook is now advertising for a Legal Director of Music Licensing to join Tamara Hrivnak who was recently hired to head the social network’s music strategy. _________________________________ Facebook has just posted a job opening…
Spotify Is Deleting It’s Inbox And Messaging Feature
Ever wish that you could communicate with fans and playlisters on Spotify? Forget it. At a time when most apps are encouraging communications, Spotify is deleting its own messaging system. _____________________________ Spotify has announced on it’s Community blog that it is "deprecating" the Inbox/Messages feature in the Spotify app. "Extensive…
Dart Music Files For Bankruptcy
[UPDATED] Dart Music promised to fix music’s metadata problem; first with classical music and then all genres. But after raising $1.5 million, the promising startup has filed for bankruptcy. ____________________________________ Dart Music has filed for bankruptcy in its home state of Tennessee. In a press release, the company said it…
The New Music Discovery [Deborah Jourdon, Deezer]
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