Category archives: Streaming & Cloud

Believe Digital Actively Seeks Sale, Major Players Show Interest [EXCLUSIVE]

Global independent distributor and label services provider Believe Digital is for sale, sources tell Hypebot, and a two to three week deadline has been set for initial bids. France based Believe acquired US based DIY distributor TuneCore in 2015 and French indie label Naïve in 2016. ____________________________ Believe Digital is…

Weekly Music Publishing Update: Inside The Ferrick, Lowery Pastorius Spotify Lawsuit

Ongoing in music industry news these days dwells the combined lawsuits of David Lowery, Melissa Ferrick and Jaco Pastorius. The plaintiffs joined forces to attempt a class action lawsuit against streaming services worldwide. Without judge approval for class action, their efforts narrowed toward Ferrick’s original target: Spotify. Ferrick’s accusations were…

Donald Trump Just Nominated A Strong Supporter Of Net Neutrality As FCC Commissioner

President Donald Trump has nominated Jessica Rosenworcel to fill the open Democratic slot at the Federal Communications Commission. If confirmed, it will mark her return to the FCC, where she served as a commissioner from 2012 – 2016, departing after the Senate did not act to extend her term. ________________________________________…

YouTube, ASCAP Reach U. S. Performance Rights Deal

[UPDATED] Performing rights organization ASCAP and YouTube have signed a multi-year agreement for US public performance rights and data collaboration. Under the agreement the two will work together to ensure that ASCAP members get paid more fairly and accurately for the use of their music on YouTube. The new agreement…

Sirius XM’s $480 Million Pandora Investment Just Prolongs The Inevitable [Bobby Owsinski]

A company which has been facing series of woes, Pandora recently rejected a full buyout from Sirius XM, instead opting for a large cash injection, as well as giving up almost a fifth of its stock and three seats on the its board, although Sirius XM’s ownership of the floundering…

Pandora Stock Tanked Monday Despite $680 Million Cash Infusion, Cleaner Balance Sheet

[UPDATE 2] A $480 million investment in Pandora by SiriusXM along with a $200 million sale of Ticketfly were not enough for Wall Street to regain confidence in the music streamer. Pandora stock closed down 7.63% Monday at a one year low of $7.87, and analysts were predicting more trouble…

Navigating A Sea Of Music: Pandora’s Catalog Curation

In this article Glenn Peoples explores the reasoning and process behind Pandora’s curation of the music they offer, and how it allows them to hand pick the best and most likely to be enjoyed tracks. _____________________ Guest post by Glenn Peoples of Pandora on Medium Key takeaways: Curation allows Pandora…

Sirius XM Invests $480 Million In Pandora

The rumors were right about talks between Sirius XM and Pandora, but only late yesterday did the chatter shift from acquisition to investment. This morning Pandora [P] confirmed that U.S. satellite radio company Sirius XM [SIRI.O] would invest $480 million in the music streaming company. ____________________________________________ Under the terms of…

Taylor Swift’s Full Catalog Now On Spotify, Other Streamers As Apple Music Loses Key Exclusive

Taylor Swift has made her entire music catalog available for the first time on Spotify and other streaming services. After years of Apple-only availability, all five Swift albums can now be streamed on Tidal, Amazon, Pandora and other digital music services. Recently Spotify eliminated a key Taylor Swift objection to…