Musiio has raised a $1 million seed round to continue development of its use of artificial intelligence (AI) which brings Spotify-like discovery and curation tools to other music services and AI driven A&R tools to labels and other music companies. Singapore’s Wavemaker Partners, US’s Exponential Creativity Ventures and undisclosed angels…
Category archives: streaming
Spotify (SPOT) Stock Continues To Fall
Spotify (SPOT) stock fell 2.83% Wednesday after the streamer’s Q2 earnings report and news of two major acquisitions. The stock was trading down another 2.21% at $132.46 in pre-market trading Thursday. Strong user growth and its first ever profitable quarter were offset by lower than anticipated earnings and the acquisition…
Orchard Co-Founder Issues Warning To Music Industry: ‘You’re Probably Going To Be Replaced’
In this article, Oisin Lunny shares a dire warning from Scott Cohen, the enigmatic music tech pioneer affiliated with company’s like, Spotify, The Orchard, and the British Phonographic Industry. In a recent keynote presentation, Cohen warned a massive industry sea change would likely soon reshape the music business entirely. _________________________________…
Fair Pay, Fair Fight: For Musician Radio Royalties, Will The Circle Be Unbroken?
After the struggle of getting the Music Modernization Act passed and allegedly gave pre-1972 artists the royalties they finally deserved, a new merger between Sirius and Pandora by their hold-tightening parent company Liberty Media, has artists and advocates gearing up for an ongoing fight against tech companies and their lobbyists….
Marshmello Fortnite Bump: 40M YouTube Views In 2 Days
In addition to the 10 million plus fans who watched Marshmello’s two 10 minute DJ sets on Fornite this weekend were hundreds of thousands of fans tuning into dozens of YouTube livestreams. That all led a massive spike on his YouTube channel, with daily views skyrocketing to 40 million over…
This Infographic Tells Story Of Spotify’s Strong Q4
Even as news was breaking that Spotify had acquired major podcasters Gimlet Media and Anchor to further its mission as an "audio-first" company, the streamer also reported a solid Q4 2018 with both strong user growth and its first ever quarterly operating profit. Just in case you’re no interested in…
Spotify Acquires Podcasters Gimlet, Anchor To Create ‘Audio-First’ Streaming Service
Spotify has acquired two giants in podcasting, Gimlet Media and Anchor. "Gimlet and Anchor will position us to become the leading platform for podcast creators around the world and the leading producer of podcasts," Spotify CEO Daniel Ek said in a statement. Gimlet is a major podcast content creator whose…
This Week’s YouTube Music Charts: Ozuna, Marshmello, Imagine Dragons and More
“Taki Taki” hits 1B views on this week’s YouTube Music Chart, making Ozuna the artist with the most videos over 1B views. Marshmello hosted a gaming livestream for 40M viewers, and Imagine Dragons gets their second video in the billion views club and more. This week’s YouTube Music Chart highlights…
Paid Streaming Will Surpass Free This Year [Survey]
Spotify, Apple Music, Amazon and other paid music streaming services hare doing a better job of converting free users to paid, according to new figures from the Entertainment Retailers Association (ERA). “Streaming has made it fashionable to pay for music again.” Already more males pay to stream music – 24.3%…
Spotify Reports Earnings Tomorrow, Analysts Predict Solid Q4
Spotify will report its quarterly earnings before the opening bell on Wednesday. A survey of analysts by Consumer Research Intelligence Partners hints at a solid Q4. Spotify stock closed up 1% Monday and 2.4% in pre market trading Tuesday on news that the streamer was in talks to acquire podcaster…