Software

  1. Business Matters: Pandora's Stock Hits All-Time Low of $9.03

    April 09, 2012 4:41 PM EDT Pandora's Stock Hits All-Time Low Pandora's stock fell to an all-time low of $9.03 Monday and closed at $9.18, a 7.46% dip. The root cause for Monday's decline appears to be an analyst's report that surfaced Thursday but wasn&# ...

  2. Facebook Buys Instagram for $1 Billion

    April 09, 2012 1:41 PM EDT Facebook is spending $1 billion to buy the photo-sharing company Instagram in the social network's largest acquisition ever. Instagram lets people apply filters to photos they snap with their mobile devices and share them with friends and str ...

  3. Germany Up, Switzerland Down, Austria Mixed in 2011 BVMI Revenue Numbers

    April 06, 2012 7:00 AM EDT In the three countries of the German language music market, Germany, Switzerland and Austria, the economic turnover from 2010 to 2011 was full of contrasts. While the official figures will be reported on April 19 in Berlin, Dr. Florian Drücke, man ...

  4. Business Matters: Internet Radio Services Need To Separate Themselves from the Crowd

    April 05, 2012 8:19 PM EDT Internet Radio Services Need To Separate Themselves from the Crowd -- Upstart Internet radio service Raditaz believes Pandora's problem is "repetition and a lack of diversity," the company says at an Echo Next blog post. So it' ...

  5. Pandora Streamed More Than 1 Billion Listener Hours in March

    April 05, 2012 12:33 PM EDT Pandora Media's figures for the month of March show the Internet radio service's growth rate has remained strong since it went public in June. Pandora now streams over one billion listener hours per month, up 88% from 567 million listene ...

  6. If Spotify's Reported 600K U.S. Subscribers Is Disappointing, You Expected Too Much Too Soon

    April 04, 2012 8:48 PM EDT Spotify has amassed three million U.S. users and 600,000 subscribers since its July launch, according to figures reported Wednesday by the New York Post . A major label source tells Billboard.biz that the 600,000 threshold won't be reached fo ...

  7. Business Matters: Will High Gas Prices Hurt Summer Concert Ticket Sales?

    April 04, 2012 7:11 PM EDT Will High Gas Prices Hurt Summer Concert Ticket Sales? -- High gas prices probably won't get in the way of consumer spending this summer, writes Adam Davidson in a New York Times Sunday Magazine article. Gas prices reached an average of $3.93 ...

  8. Editor's Note: What Role Did Bundling and Exclusives Play in Madonna and Justin Bieber's Big Debuts?

    April 04, 2012 2:17 PM EDT Madonna has the no. 1 album on this week's Billboard 200. She sold 359,000 copies of MDNA compared to Lionel Richie's Tuskegee , which opens with a really impressive 199k first week. But many of Madonna's sales came through a bundle ...

  9. Facebook Claims That 17.5 Million People Use Spotify Each Month

    April 03, 2012 6:29 PM EDT It's clear that Spotify is the most popular on-demand music subscription in the world. Less clear is how many people actually use it. Let's start with Spotify's latest numbers as of March, which a spokeswoman sent Evolver.fm yesterd ...

  10. Erica Farber Named President and CEO of Radio Advertising Bureau

    April 03, 2012 12:51 PM EDT Erica Farber, former publisher-CEO of Radio & Records, has been named president and chief executive officer of the Radio Advertising Bureau, effective April 16. Farber, who most recently served as the RAB's executive vice president, will ...

  11. Business Matters: U2's Bono, the Edge Invest in Dropbox

    April 02, 2012 7:58 PM EDT U2's Bono, the Edge Invest in Dropbox -- U2's Bono and the Edge are investors in file-hosting service Dropbox, the company announced via Twitter. A picture included with the tweet shows the two musicians with Dropbox co-founders Drew Hou ...

  12. PRS For Music Reports 3.2% Rise in Royalties in 2011

    April 02, 2012 8:14 AM EDT An upbeat U.K. collecting society PRS for Music is attributing the 3.2% increase in the amount of royalties collected in 2011 to growth in income from legitimate digital-music services and the continued popularity of U.K. repertoire overseas. PRS ...

  13. 10 Cool Things on Spotify's 'History of Music' Timeline

    March 30, 2012 5:30 PM EDT Spotify launched its new Facebook Timeline today, with the added wrinkle being that they have compiled a "History of Music," transporting users from the present all the way back to 1000 A.D. and the beginning of "popular music." ...

  14. Business Matters: Subscription Services Gone Global

    March 29, 2012 9:01 PM EDT Subscription Services Gone Global -- The days of the single-market subscription service are over and the land grab is upon us. From Spotify to Deezer, companies are looking for growth well beyond their countries of origin. Operating in more countr ...

  15. Spotify Lifts Limits on Free Listening in U.S.

    March 29, 2012 10:59 AM EDT The battle for American music lovers heated up Thursday as Spotify lifted listening limits on U.S. users of its free, ad-supported service. When it launched in the U.S. in July, Spotify said it would offer six months of free, unlimited listening t ...

  16. Spotify Integrates With The Echo Nest's API To Improve App Platform

    March 29, 2012 10:30 AM EDT The Echo Nest today announced that it will be integrating its API with Spotify, effectively allowing app developers to use the Echo Nest's vastly influential music intelligence algorithms in order to create apps within the Spotify model. All ...

  17. Clear Channel's iHeartRadio To Extend Ad-Free Playback, Citing Pandora's Cautionary Tale

    March 29, 2012 7:00 AM EDT LOS ANGELES (AP) - Clear Channel CEO Bob Pittman says that the radio company will keep part of its iHeart Radio online service ad-free for at least a few more months, explaining that a consumer backlash against ads on Pandora Media Inc.'s com ...

  18. Business Matters: Thanks to Songkick, 100,000 Fewer People Can Claim Ignorance for Missing a Concert

    March 28, 2012 4:30 PM EDT Songkick Announces 100,000 New Users Through Spotify App There's a common saying in the concert and ticketing businesses that 40% of all tickets go unsold because people weren't aware of the shows. This 40% Rule seems to have come from L ...

  19. Spotify Tops Survey of U.K. Media Agencies

    March 28, 2012 12:17 PM EDT Spotify's "freemium" business model got some good news this week. The company has taken the top spot in its first appearance in the Online Media Owner Survey by the Institute of Practitioners in Advertising (IPA), a professional bod ...

  20. The New Music Business Takes Shape: Inside the RIAA's 2011 Year-End Numbers

    March 27, 2012 2:47 PM EDT Growth in digital and synchronization revenue slightly outpaced the decline in physical revenue, leaving the U.S. recorded music business up 0.2% in 2011, according to figures released Monday by the RIAA . For its annual year-end shipments report, ...

  21. Gee Beyond Can Buy Beyond Oblivion Assets, But Not Existing DRM Contracts, Says Court

    March 27, 2012 1:39 PM EDT The bankruptcy court where the case was heard is not usually bedecked in a flag, as it is here Gee Beyond, the company headed by former Beyond Oblivion CEO Adam Kidron, can buy the assets of the bankrupt Beyond Oblivion, a judge ruled on Monday. T ...

  22. Madonna Teams Up With Spotify On 'MDNA' Promotional Streaming Campaign

    March 27, 2012 8:00 AM EDT Despite a career spanning three decades, with the release of her latest album Madonna has made it clear she is not going the traditional route that she may have gone promoting her past albums. Madonna Interviewed by Jimmy Fallon Live on Facebook ( ...

  23. Black Keys Drummer Patrick Carney Calls Sean Parker an 'A--hole' for Exploiting Musicians

    March 26, 2012 5:15 PM EDT The Black Keys had one of the biggest albums of the past six months, were featured in Billboard Magazine, and headlined arenas like Madison Square Garden this month and will do the same at Coachella next month, yet Dan Auerbach and Patrick Carney ...

  24. Business Matters: Spotify's Reported $4 Billion Valuation in Perspective

    March 26, 2012 5:08 PM EDT Spotify Looking For Billions In Funding Spotify is reported to be seeking funding of $3.5 billion, according to Business Insider , or $4 billion, according to the Financial Times . The company has over 10 million active users, well over 3 million ...

  25. News You May Have Missed During the Annual SXSWi P.R. Barrage

    March 23, 2012 12:42 PM EDT Onesheet Mobile, like many tech companies, introduced it's latest product initiative during SXSWi If you were busy before, during and after SXSW, you may have missed some news items during the annual SXSW press release barrage from Onesheet, ...

  26. A Timeline of Spotify's Attempted Journey Toward Becoming the 'OS of Music'

    March 22, 2012 5:26 PM EDT The HotOrNot app, which launched today on Spotify's music platform, runs on Warner Music Group's music. This causes more people to listen to that music within Spotify -- and money to flow to WMG and its artists Spotify recently rolled ou ...

  27. Business Matters: Senate Passes Crowdfunding Bill, Pandora's Vastly Varied Valuation

    March 22, 2012 4:53 PM EDT Senate Passes JOBS Act Aimed At Helping Startups Raise Money Entrepreneurs of all stripes, and certainly some in the media and entertainment field, are likely applauding a bill that helps them raise money. The Jumpstart Our Business Startups (JOBS ...

  28. SXSWi's Growth in Attendance, Social Activity in One Big Infographic

    March 22, 2012 2:00 PM EDT For the past few years, Dallas-based digital marketers Agency Entourage have compiled information on some of the social and digital aspects of the SXSW Interactive festival, including its rapid and massive growth. They've tracked attendance, ...

  29. All 12 New Spotify Apps Come From Record Labels

    March 22, 2012 1:39 PM EDT Companies that stand to benefit the most from music discovery are creating the technologies to connect Spotify listeners with their music. Record labels created or backed all 12 of the apps unveiled for Spotify's desktop client Thursday. Spot ...

  30. Rdio Launches in Canada, Signs European Deal With PRS

    March 22, 2012 9:26 AM EDT Rdio has released a string of announcements in recent days, with a major cosmetic overhaul debuted at SXSW and the streaming service reaching the 15 million songs threshold. Rdio Announces Major Changes At SXSW Event Now Rdio has signed on to be t ...

  31. Spotify to Unveil 12 New Apps Thursday, Including Def Jam, Warner, Matador, Domino

    March 21, 2012 9:32 PM EDT Spotify will unveil a new slate of apps for its desktop client Thursday, adding to the first round of 15 apps that debuted Nov. 30 . Half of the 12 new apps -- maybe more -- are from record labels: Def Jam, Domino, Matador, [PIAS], the Warner Soun ...

  32. Warner Goes Drupal: A Q&A With Paul Sinclair, SVP, Digital Media, Atlantic Records

    March 20, 2012 4:28 PM EDT Warner Music Group is among the first companies to use a new platform by Acquia called "Enterprise Drupal Gardens." In short, Enterprise Drupal Gardens offers clients the same advantages as proprietary "software as a service" ( ...

  33. Business Matters: Apple Finds Better Use of its Cash Than Buying Music Company

    March 20, 2012 4:09 PM EDT Apple To Introduce Dividend and Share Repurchase Program So much for the idea that Apple could buy a music company. The company announced Monday a dividend and share repurchase program to put to use its $98 billion stockpile of cash and securities ...

  34. Is Beats Audio Acquiring Mog?

    March 19, 2012 8:34 PM EDT Is Beats Audio buying music-subscription service Mog? A report Monday at Business Insider has an unnamed source saying the deal was done last week, although a report Tuesday at All Things D said the deal has not yet closed. While at press time, ne ...

  35. Facebook SXSW Panel Looks at Music Marketing Beyond the 'Likes'

    March 17, 2012 5:05 PM EDT The "Facebook Music Marketing: Pages, Feeds, and Games" panel at SXSW Music served essentially as a rundown of sorts for every way an artist can maximize Facebook's platform - especially its new features rolled out in Timeline, whic ...

  36. Be Sure Your Mobile App Is Something People Actually Need, SXSW Panel Stresses

    March 17, 2012 1:23 PM EDT The importance and utility of mobile apps was the topic of the day at the "Bringing The Arena To Your Phone" panel at day four of SXSW Music. Moderated by Will Mills (director of music content, Shazam), the panel consisted of Anthony Vol ...

  37. Business Matters: Can Spotify Catch iTunes in Two Years? The Numbers Behind Sean Parker's Prediction

    March 16, 2012 10:20 PM EDT Can Spotify Catch iTunes in Two Years? The Numbers Behind Sean Parker's Prediction -- Sean Parker, entrepreneur and investor (in Spotify and other companies) predicted at SXSW that Spotify, at its current growth rate, will overtake iTunes wit ...

  38. Jez Bell, Peter Bradbury, Matt DeFlippis Discuss: Do We Need Music Collecting Societies in the Digital Age? @SXSW Panel

    March 16, 2012 4:53 PM EDT Jez Bell, Director of Licensing Omnifone; Matt DeFilippis VP New Media & Technology ASCAP; Peter Bradbury Head of Rights BBC (Photo: Jason Gross) Who cares about companies who collect royalties for songwriters and publishers (i.e. ASCAP, BMI)? ...

  39. Introducing Every App From the SXSW Trade Show

    March 16, 2012 2:36 PM EDT The consensus from SXSW so far appears to be that no single app is dominating the festival, although Highlight and some other apps did see their share of hype. One observer bets that Groupme may have been the breakout hit of SXSW just like last ye ...

  40. Business Matters: SXSW Interactive Was Big on Parties and Celebrities, But Light on Breakthrough Products

    March 15, 2012 8:30 PM EDT SXSW Interactive Was Big on Parties and Celebrities, Light on Breakthrough Products -- During SXSW Interactive, commonly written as SXSWi, I asked 20 or more people -- music industry professionals, digital professionals, random people -- which tec ...

  41. A2IM's Rich Bengloff Chats About the Buzz In Austin

    March 15, 2012 6:10 PM EDT A2IM President Rich Bengloff paused to talk to Billboard.biz following the "How Stella Got Her Groove Back" panel at SXSW Music, where he was in town to attend the 7th annual A2IM member's breakfast Thursday morning. The breakfast b ...

  42. The Temptations Join Chorus of Lawsuits Over iTunes Royalties

    March 15, 2012 5:00 PM EDT Another major class-action lawsuit has just been filed on the digital royalties front. The Temptations, the pioneering male vocal group from the 1960s, is suing Universal Music in federal court in California, seeking millions of dollars after alle ...

  43. Samsung, Chevrolet, Foursquare, John Mayer Led SXSWi Social Media Chatter

    March 15, 2012 7:56 AM EDT South by Southwest Interactive conference is over, but a few top brands and companies left a considerable trail of social media chatter in their wake. Samsung, Twitter, YouTube, Foursquare and Chevrolet were among the brands that got the most soci ...

  44. Sean Parker and Shawn Fanning on Spotify Carrying Napster's Mantle, Starting New Social Video Company @ SXSW

    March 14, 2012 6:25 PM EDT Former Napster founders Sean Parker and Shawn Fanning sat down for an interview conducted by actor/director Alex Winter at SXSW Music as part of the promotional campaign for the upcoming film documenting Napster's rise and fall, titled " ...

  45. Music in Devices: What is Working?

    March 14, 2012 5:00 PM EDT "The computer isn't the most natural listening experience for music- most people don't have a dedicated stereo anymore and all (digital) devices don't work together elegantly, but music lovers want that," said moderator Vi ...

  46. Backbeat: Heartless Bastards Rock RootMusic's Music Tech Mashup at @SXSWi

    March 14, 2012 9:40 AM EDT Music tech gatherings abounded in Austin Tuesday evening as SXSW's interactive conference ended, and the music attendees arrived in greater numbers. Billboard.biz missed the SXSW Music Tech Meet-Up at the Belmont (sponsored by Songkick, MXP4, ...

  47. GEMA's 2011 Earnings Drop

    March 14, 2012 7:30 AM EDT The German collection society GEMA in 2011 saw a decrease in its income of 4.3 percent and an increase in operating costs of 14.9 percent. The yearly report was announced today by GEMA CEO Dr. Harald Heker in Munich. In 2011, the rights organizati ...

  48. Spotify's Ken Parks @ SXSW Panel: No Reason Why Music Biz Can't be 'Multiples of Size' Larger

    March 13, 2012 8:19 PM EDT Left to right: Billboard editorial director Bill Werde and Spotify chief content officer Ken Parks. (Photo credit: Glenn Peoples) No other digital music company -- perhaps with the exception of Apple -- has been so closely covered in the last two ...

  49. SXSWi Panel Explores How Phones Have Changed Concerts: 'At Jay-Z Show, Everyone Was Looking at Their Phones, Not Jay-Z'

    March 13, 2012 6:55 PM EDT "What's interesting to me," said Brenna Ehrlich of MTV Networks, who moderated the "Music 2.0: Engaging Fans with Mobile Social Apps" panel Tuesday afternoon, to kick things off, "is how the advent of the iPhone has c ...

  50. Rdio Announces Major Changes At SXSW Event

    March 13, 2012 3:08 PM EDT AUSTIN, TEXAS -- Rdio, the music subscription service from Skype and Kazaa co-founders Janus Friis and Niklas Zennstrom, announced major changes to its music subscription service designed to "put music and people front and center," in an ...

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