With the launch of Apple's iTunes Radio, there's an assumption that other music services could suffer a drop in market share. Certainly investors believed that, pushing Pandora Media's stock price down a punishing 10.6% on June 3.
Fullscreen, a network of more than 10,000 YouTube channels, has closed an undisclosed round of funding from Comcast Ventures, The Chernin Group and WPP Digital in order to expand internationally, develop more services for its 15,000 YouTube video creators and develop its own series of original programming.
Seeking to carve out a new model for licensing, SONGS Music Publishing struck a novel deal with Conde Nast Entertainment Partners, which agreed to use SONGS' catalog as the primary source of music for original online videos produced for its Glamour, GQ, Vogue and Wired channels on YouTube and elsewhere.
Sony Corp. drew cheers Monday night when it announced the price of its upcoming PlayStation 4 console at the annual E3 video game convention in Los Angeles. At $399, the PlayStation 4 will be $100 less expensive than Microsoft Corp.'s next-generation Xbox One console at $499 when both devices hit store shelves later this year.
Microsoft Corp. on Monday said it’s next-generation Xbox One video game console will go on sale in November at $499, above what many analysts had predicted. The price point, announced at the company’s press conference in Los Angeles on the opening day of E3, triggered a drop in the company's shares.
Is your song hot or not? Slacker on Thursday launched its "EQ" metric for measuring the hotness quotient of millions of tracks for a weekly top 40 list, becoming the latest streaming music company to give artists and listeners a tiny glimpse of the vast treasure trove of data they have accumulated over billions of hours of listening.