High resolution audio, which delivers sound quality comparable to the original master studio recordings, offers an opportunity for both record labels and music streamers to increase revenue if – and it’s a big if – the many stakeholders can settle on a single hi-res format. _______________________________ At CES today, all…
Category archives: Music Tech
SoundCloud Responds To Cash Crunch Claims
This morning we reported that SoundCloud could run out of cash within months. The news came straight from SoundCloud’s latest financial filings; and at a time when the company is rumored to be in acquisition talks with Google. This afternoon, a SoundCloud spokesperson responded: "SoundCloud filed its 2015 accounts with…
Paid Audio Streaming Gowing 9X Faster Than Ad-Supported To Drive U.S. Music Consumption In 2016
Paid subscription audio streaming grew almost 9 times faster that free ad-supported audio stream last year. That’s encouraging news for a music industry concerned with the revenue that streaming generates. Pandora’s Glenn Peoples breaks down the stats. _________________________________ By Glenn Peoples of Pandora 2016 figures show the U.S. music industry…
SoundCloud Admits It Could Run Out Of Cash Within Months
SoundCloud is closer to financial disaster than previously thought, according to new financial filings. This comes at a time when the streamer, which has supported the careers of many indie musicians, is hoping to sell to a contracting group of potential buyers. _______________________________________ According to a new UK financial filings,…
THU. BRIEF: Grammys Make NY Moves • Live365 Returns • SESAC Sold • Goodbye Vine • More
Music Business News From Around The Web What does it say about the music industry in LA when the Grammy’s move to New York City? Next stop Las Vegas? Updated continuously under our More News tab
AM BRIEF: Spotfify "Must" Find Profitability • Coachella, BottleRock Lineups • Facebook Music ID Plans • More
Wednesday 1.4.16 Music Business News From Around The Web Spotify’s efforts to prep for an IPO mean nothing until they are able to close overdue major labels deals. Updated continuously under our More News tab Related articles Spotify Moves Closer To IPO With Hire Of Ex-Netflix Exec Barry McCarthy As…
Google Rumored To Be Interested In Acquiring SoundCloud, Pandora Seeking Alternative Suitors To Sirius XM
Spotfify is prepping a major IPO. But on day 3 of 2017, that’s already looking unlikely to be the year’s biggest story in music streaming. Google is reportedly sniffing around SoundCloud, even as Pandora’s money folks search for a buyer. __________________________________________________ Google is interested in buying SoundCloud, according to multiple…
Music Industry Legal Actions To Watch In 2017
Here music industry lawyer Erin M. Jacobson looks at what are expected to be some of the top music industry legal cases coming in 2017, what we can expect to see from them, and how their outcomes will affect the music business as a whole. __________________________ Guest post by Erin…
Apple Music Beats Spotify, Pandora To Rank 9th In Mobile App Usage, Says Nielsen
With so much music consumed on mobile devices, app downloads and usage are a major indicators of any music service’s popularity, and according to a new Nielsen ranking Apple Music is entering 2017 in a very strong position. _______________________________________ Apple Music beat Spotify, Pandora and all other music services as…
AM BRIEF: Vinyl Hits 25 Year High • UK Streams 1B Songs Weekly • KLOS Redefines Classic Rock • More
Tuesday 1.3.16 Music Business News From Around The Web Major labels enjoy streaming profits, a Spotify IPO, Apple Music competes, Pandora retools and much more. Onward to an interesting 2017! Updated continuously under our More News tab