Consolidation in the digital music space continues with today’s announcement that digital music services provider 7digital is acquiring its last major European competitor, 24-7 Entertainment. _______________________________ B2B digital music services group 7digital Group Plc (LON:7DIG) is issuing new stock to raise $3.64 million USD (£3mln) as it finalizes negotiations to…
Category archives: Streaming & Cloud
Join 3700+ Songwriters: SIGN THIS PETITION NOW To Stop Big Tech From Lowering Royalty Rates
The National Music Publishers’ Association (NMPA), which represents U.S. music publishers and their songwriters, along with the Nashville Songwriters Association International (NSAI) are facing off against Google, Apple, Amazon, Spotify and Pandora as the Copyright Royalty Board meets this week to determine how songwriters are paid for the next five…
Share Of Revenue Music Streamers Paid Licensing Orgs Fell 27% In 2016, Says New Study
What a stream is worth will be debated forever, but one place to start is to ask what revenue it generates. A new study says that monetization is fast approaching $100 per 1000 streaming hours. At the same time, however, payments to creators as a percentage of growing ad and…
New Spotify Web Player Gets Bad Reviews From Users
[UPDATE] Spotify launched a new version of its web player on Tuesday. It’s a major updates with changes to layout, artist pages, and search. So far, many of the comments from users have been negative. "Oh, cool, they’ve upgraded Spotify Web Player and made it worse in every single way!,"…
Spotify Could Use It’s New Acquisition To Take On Soundcloud
Last year rumors swirled that Spotify was in talks to buy SoundCloud. Spotify’s interest eventually waned, apparently because it did not want strain it’s pre-IPO balance sheet. But a new Spotify acquisition could make it possible – even easy – for them to become a SoundCloud-like home for the millions…
Pandora Top Spins: Future Makes Four Appearances, Maroon 5’s ‘Cold’ Debuts In Top 10
For this round of Pandora’s Top Spins, Maroon five have a new hit in ‘Cold’ feturing Atlanta rapper Future, plus Big Sean sees a promising return, and KYLE, a rapper hailing from the West Coast, leaps an impressive thirty spots, plus more. _______________________________ Guest post by Emily Blake of Next…
Pandora [NYSE: P] Stock Falls Another 6.5%, After Liberty Media CEO Disses Streamer Yet Again
Pandora stock closed down 6.5% at $11.66 on Tuesday after Liberty Media CEO Greg Maffei again called the music streamer overvalued, this time at the an investor conference Monday. But is Maffei just doing his best to drive the price down prior to make the Pandora acquisition that his Sirius…
Spotify Acquires Audio Detection Startup Sonalytic To Improve Publishing Data
Spotify has acquired Sonalytic, a UK based startup that specializes in audio identification that enables us to connect creators and rights-holders to monetization opportunities. _____________________________ Spotify announced today that it has acquired Sonalytic, a UK based startup focused on audio detection technology that identifies songs, mixed content, stems and clips,…
Understanding Personalized Audio Ads On Pandora and How They’re A Game Changer For Music (And Other) Marketers
The music industry is fairly familiar with the music side of Pandora. But there’s another side of the streamer that also presents a powerful opportunity – the ad platform monetizes its free radio service and a new partnership that delivers personalized targeted audio ads. ________________________ By Glenn Peoples, Music Insights…
How Accurate Are All Those Music Subscription Subscriber Numbers?
In the wake of Spotify’s big announcement that they had recently hit 50 million subscribers, Chris Castle takes a moment to examine the accuracy of streaming companies reports regarding just how many committed paying customers they really have. _________________________________ Guest post by Chris Castle of Music Tech Solutions All of…