Anyone not living in a cave in the late ’00s will likely remember the rash of QR codes that suddenly broke out and, just as suddenly, disappeared. Spotify, however, is hoping they can make a comeback as a convenient way to share music. __________________________________ Guest post Bobby Owsinski on Music…
Category archives: Streaming & Cloud
Pandora Stock Continues Downward Spiral Thursday
Pandora [P] stock continued its downward trend on Thursday. By mid-morning, Pandora stock was down another 3.7%, trading at $9.58 and headed towards its own 52 week low of $9.49. In addition to a poor earnings report and conflicting sale rumors, several analysts downgraded the stock this week. A new…
Newest Amazon Prime Perk: Exclusive Live Concerts
Amazon is sweetening the pot for its ‘Prime’ customers with a new concert series with tickets offered exclusively to its premium members. Initially launching in the UK, a source tells Hypebot that the company hopes to add U.S. concerts before the end of this year. __________________________________ Launching this month, Amazon…
Pandora [P] Stock Continues Falling Despite New $150M Investment, Sale Rumors
Despite a new cash infusion of $150 million from KKR and fresh sale rumors. Pandora [P] stock continued its downward trend on Wednesday. Just after Noon ET, Pandora stock was trading at $9.79 and headed near its 52 week low of $9.49. Several analysts also downgraded the stock’s target price…
The Global Songwriter Shell Game Revisited [JEFF PRICE]
In a follow up to a still popular 2012 piece revealing how major music companies are funneling royalties generated from sources outside the US into their own pockets rather than those of songwriters and music publishers, Jeff Price explores how the issue has not only persisted but grown and expanded…
Spotify Partners With Capital One For 50% OFF All Subscriptions
Spotify and Capital One have partnered to offer Capital One Quicksilver or QuicksilverOne cardholders 50% back on all Spotify Premium subscriptions through April 30, 2018. The offer also gives users 50% back when they purchase Spotify Premium for Students and Spotify Premium for Family with their Quicksilver card. customers will…
Pandora Thinks It Can Be Sold Within 30 Days [REPORT]
[UPDATED] Pandora is actively trying to sell and confident that it can close a deal to close within 30 days, sources familiar with the company’s thinking told CNBC. SiriusXM is believed to be the most logical buyer. ________________________________ This week Pandora reported slowing growth and a deteriorating balance sheet, but…
eMusic Relaunches Indie Focused Music Hub with Free, Discounted Downloads, Cloud Storage
A pioneer in digital music, eMusic has relaunched with an indie focus similar to its early days. TriPlay acquired eMusic in September of 2015 and has rebuilt the platform from the ground up. _________________________________ eMusic has been resurrected as a home for the indie music aficionado with free cloud storage…
4 Stats That Should Worry Pandora And Investors
Inside Pandora’s announcement that is had closed a $150 million investment from KKR and lost less money that analysts had thought, were several statistics beyond the financials that must worry CEO Tim Westergren & Company, as well as, their investors. ______________________________ 1. Just 500,000 have taken advantage of a Pandora…
The Music Industry’s Digital Transition [David Emery]
In this piece David Emery observes how the music industry has transitioned over time, past the era of downloading and into the streaming age, and why for those able to successfully navigate the streaming economy, there has never been a better time to be a independent musician. _________________________ Guest post…