Spotify Joint Venture ‘Soundtrack Your Brand’ Raises $22 million For B2B Music Service

[UPDATED] Spotify joint venture Soundtrack Your Brand has raised $22 million to expand its music for business service. The round was led by Balderton Capital and Industrifonden and will be used to expand globally and evolve its service which allows business to select and play licensed music in stores and…

Vadio Calls It Quits After Burning Through $11.8 Million In 4 Years

4 years.  $11.8 million in funding.  1 dead company: Vadio. Vadio was a promising start-up focusing on streaming music video monetization.  So WTF happened? Early this morning, the death knell rang loudly as Vadio officially ran out of cash.  But here’s the kicker: it turns out that the Portland-based startup burned through nearly $12 million […]

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SoundCloud Accuses Financial Times Of Fake News That It’s "Begging For Money" As 2 Top Execs Exit

Soundcloud was playing defense today, after weekend reports that two top SoundCloud executives had exited the company and that it is now "begging for money"; calling much of the account "inaccurate," "disappointing" and not up to the usual journalistic standards. _________________________________________________ SoundCloud’s response: "The Financial Times relies on one anonymous…

UPDATE: Two Top Execs Exit As SoundCloud "Begs" Investors For Cash

UPDATED: SoundCloud’s COO and VP of Finance both have left the music streamer. Their exit comes just weeks after the company admitted in financial filings that it could run out of cash in 2017 and amidst a new report that it’s "begging" investors to help. ____________________________________ Chief Operating Officer Marc…

What If YouTube Was a Radio Station?

Is traditional radio done ignoring the internet?  And, everyone under the age of 25? It’s a question whose answer is obvious.  Why are people tuning out of ‘traditional’ broadcast radio?  Usually the answer involves one or more of the following: (a) long commercials (b) lots of repeated songs (c) long deejay breaks (d) Spotify (e) […]

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Snapchat IPO Invites Skepticism, Here’s Why

Creating massive buzz in economic circles, Snapchat’s parent company’s filing of an IPO is one of the most hotly anticipated business moves of the year, but the recent public review has served to increase pre-existing concerns about the future of the company. ____________________________ Guest Post by Karol Severin on Midia…

Jesse von Doom On Developing CASH Music’s Non-Profit Indie Music Community: "We build for and with artists."

Here Jesse von Doom outlines the goals of CASH music, an organization which makes free and open web tools available for performing artists, as well as running an educational site. As they move forward, they’re working to become an organization which is community run and funded. _____________________ Guest post by…