1. Todd Rundgren Predicted Music Streaming 37 Years Ago

    May 22, 2015 4:32 PM EDT 0 0 0 "In 25 years someone might have a resonant computer in their home with a billion bytes of memory in it, in something that's no bigger than the sink!" Did you know Todd Rundgren envisioned our current media landscape -- in 1978? In a b ...

  2. Global EDM Market Hits $6.9 Billion

    May 22, 2015 3:22 PM EDT 0 0 0 The overall EDM Market grew 12 percent last year, according to the latest IMS Business Report. The global EDM business had a value of $6.9 billion last year, up 12 percent from $6.2 billion in 2013, according to the IMS Business Report 2015 . North ...

  3. Country Star Hunter Hayes to Release Digital-Only Singles: 'Change Is Not a Bad Thing'

    May 22, 2015 1:30 PM EDT 0 0 0 By releasing a series of streaming-first singles, with no CDs planned, the rising star is leading the genre into a new era: "It's a beautiful thing." With five Grammy award nominations and two crossover hits that have cracked the top ...

  4. Line Messaging App Debuts Streaming Service for Under $2 in Thailand

    May 22, 2015 11:38 AM EDT 0 0 0 Japanese messaging app Line, which boasts more than  205 million active users worldwide , announced the debut of a subscription service in its second-biggest market on Thursday. Line Music is getting a trial launch in Thailand and will live in the c ...

  5. Spotify's New Direction Won't Change the Music

    May 21, 2015 3:06 PM EDT 0 0 0 The addition of news, radio and podcasts won't get rid of the streaming service's royalty situation. Spotify is a music service. It is still a music service after adding non-music video clips to its catalog. And it will continue to be nagg ...

  6. Jack White Defends Tidal & Jay Z: 'Should Movies Be Free Too?'

    May 20, 2015 6:21 PM EDT 1.152 k 72 37 Jack White came to bat for Tidal on Wednesday (May 20), taking to the website of his label, Third Man Records, to post answers to a series of Tidal-related questions. Through the dialogue, White stressed valuing music, thus allowing artists ...

  7. 5 Winners (and Losers) in Verizon's $4.4 Billion Purchase of AOL

    May 20, 2015 5:21 PM EDT 0 0 0 A wave of 1990s nostalgia has rolled in with Verizon's $4.4 billion planned acquisition of AOL. The purchase of the early Internet provider -- remember those blue CD mailers? -- is key to the telecom giant's mobile video strategy, says BTI ...

  8. Apple Reportedly Planning an Early Russian Launch for Its Streaming Serivce

    May 20, 2015 3:05 PM EDT 0 0 0 Apple plans to launch its streaming service in Russia and is in negotiations with labels, according to a local media report. However, the sluggish economy and competition might become obstacles for a successful launch. The business daily Vedomosti q ...

  9. Madeon Claims Sony Will Strip His SoundCloud Account

    May 20, 2015 12:23 PM EDT 0 0 0 The impasse between Sony and SoundCloud over monetization concerns looks to have claimed another artist, after the French electronic producer Madeon took to social media on Tuesday to harp about the impending takedown of "all" of his music ...

  10. Twitter Results Return to Google Search

    May 20, 2015 11:21 AM EDT 0 0 0 Google and Twitter have reunited to bring real-time tweets back to search results on mobile devices. If you're in the U.S. and searching in English, you'll see relevant tweets atop your search results when using the Google app and/or mobil ...

  11. Merger Rumors Swirl for China's Youku Tudou, iQiyi and Tencent Video

    May 20, 2015 9:18 AM EDT 0 0 0 Just days after Netflix signalled bullish China intentions, rumors were flying that streaming site Youku Tudou is planning a multi-billion-dollar merger with Baidu's online video subsidiary iQiyi, and Tencent Video. China's massive online ...

  12. MixRadio Launches on iOS & Android, Teams With Nile Rodgers & Charli XCX

    May 19, 2015 6:30 PM EDT 0 0 0 MixRadio, previously available only on Windows and Nokia phones, is going global. The streaming service debuted on Android and iOS platforms Tuesday (May 19) and unveiled a new deal with HTC at a media event in New York, accompanied by artist ambass ...

  13. YouTube CEO Susan Wojcicki to Give VidCon Keynote Speech

    May 19, 2015 2:30 PM EDT 0 0 0 The longtime Google executive is returning to the VidCon stage in Anaheim, Calif., for the second straight year. YouTube CEO Susan Wojcicki is returning to VidCon.  The longtime Google executive will be the official industry keynote speaker at the a ...

  14. De La Soul on Their Kickstarter-Funded Comeback Album: 'We Didn't Feel Comfortable Getting Back in Bed With a Label'

    May 18, 2015 3:30 PM EDT 0 0 0 Streaming is driving the genre’s return after a flat 2014. Will pop radio catch on? Eleven years after its last album, De La Soul turned to fans for a comeback. The legendary rap trio announced earlier in May that it had raised more than $600,000 on ...

  15. Xiaomi Announces Soft Launch in the West

    May 18, 2015 12:24 PM EDT 0 0 0 Xiaomi, the Chinese-borne Apple competitor -- which surpassed Uber in late December as the world's most-valuable indie startup after news that it had raised over $1 billion in new funding -- has announced a soft launch in the US, UK, France and ...

  16. Publishers Call BMI's Win Over Pandora a 'Small Fraction of What Music Creators Deserve'

    May 18, 2015 12:16 PM EDT 0 0 0 While Pandora immediately denounced the finding by Judge Louis Stanton that it should pay 2.5 percent of revenue for the BMI blanket license and vowed to appeal, the music publishing community has praised the decision. Moreover, publishers also expr ...

  17. Spotify and Universal At An Impasse Over Freemium

    May 15, 2015 4:45 PM EDT 0 0 0 Universal has gradually increased its public criticism of Spotify's 'freemium' tier, while Spotify has vehemently defended it. As the companies' negotiations continue, they also sound to be going nowhere. Streaming continues to g ...

  18. Better Know a Billionaire: Chinese Tech Edition

    May 14, 2015 11:47 AM EDT 0 0 0 The most successful of China's tech entrepreneurs have created some of the world's biggest companies and amassed stunning fortunes. Often they are little known outside of China, but that is changing as they expand abroad and sell shares on ...

  19. Apple Reportedly Picks Name for New Streaming Service; Will Include Social Tools for Artists

    May 14, 2015 9:34 AM EDT 0 0 0 Apple's much-anticipated streaming service will likely be called Apple Music and include a layer of social networking tools for artists when it is unveiled next month, according to report from 9to5Mac.com .  The site likens the new tools to the ...

  20. Why Isn't the Record Business Doing Better?

    May 13, 2015 2:51 PM EDT 0 0 0 Music consumption is shooting upward. Streaming activity is skyrocketing. So why isn't the record business doing better? By some measures, recorded music is doing great. Overall music volume (counting sales and streaming) is up 14 percent to da ...

  21. Tencent Revenues Jump on Social, Gaming Growth in Latest Quarter

    May 13, 2015 1:14 PM EDT 0 0 0 Much as in its earnings report from the last quarter of 2014 , Chinese web giant Tencent has reported strong first-quarter earnings on the basis of its mobile games and social networking platforms, as well as its much-used QQ messaging platform. The ...

  22. Spotify Was 10 Percent of U.S. Label Revenue in First Quarter, Says Will Page

    May 13, 2015 1:10 PM EDT 0 0 0 The company's director of economics gave a stat-filled presentation at the Music Biz conference in Nashville. Spotify claims to have represented one out of every ten dollars record labels earned in the first quarter. This bombshell statistic ca ...

  23. Dick Clark Chairman Announces Multi-Million Dollar Investment In Virtual Reality Company NextVR

    May 13, 2015 9:00 AM EDT 0 0 0 Peter Guber, chairman of dick clark productions and CEO of Mandalay Entertainment, has made a multi-million dollar investment in Laguna Beach, Calif.-based virtual reality company NextVR. Guber, who owns the NBA’s Golden State Warriors, MLB’s Los An ...

  24. Australia Plans to Hit Digital Downloads With So-Called 'Netflix Tax'

    May 13, 2015 8:50 AM EDT 0 0 0 The Australian government is planning to raise $279 million (AUS $350 million) over the next four years by applying the 10 percent goods and services tax (GST) to digital downloads, including movies and TV shows sold to Australians by overseas suppl ...

  25. 'Guitar Hero Live' Set List Includes Ed Sheeran, Skrillex & More

    May 12, 2015 3:21 PM EDT 0 0 0 Amazing news for the millennial set: After five long, agonizing years without the plastic guitars we grew up loving, Activision and Freestyle's Guitar Hero is finally making a comeback. While the relaunch was officially announced on April 14 (a ...

  26. Billy Corgan on Tidal, MTV & the 'Feckless Idiots' Running the Music Business

    May 12, 2015 11:39 AM EDT 0 0 0 A suited-up and freshly shaved Billy Corgan  dropped a suplex on the music business, MTV and others during a recent visit to CNBC. The Smashing Pumpkins  frontman and newly minted wrestling executive wandered into the cable net's Squawk Alley t ...

  27. Vadio Raises $7.5 Million, Former Vevo CEO Rio Caraeff and Sony Pictures COO Added

    May 12, 2015 11:29 AM EDT 0 0 0 Portland, Oregon-based startup Vadio, which provides a business-to-business music video platform to streaming-audio services, has closed a $7.5 million round of Series A funding led by New York-based venture capital firm Marker LLC. The company is a ...

  28. Verizon to Acquire AOL for $4.4 Billion

    May 12, 2015 9:57 AM EDT 0 0 0 The telecom giant is buying the online company led by CEO Tim Armstrong. Telecom giant Verizon Communications said Tuesday that it has signed an agreement to acquire online company AOL for $50 per share, or an estimated total value of approximately ...

  29. Apple iOS Beta Update Focuses on Music App

    May 12, 2015 9:31 AM EDT 0 0 0 Apple has seeded the third beta version of its upcoming iOS 8.4 update, with most of the new tweaks centered around the music app as the company gears up to launch its Beats-driven streaming service next month. The current update includes a streamli ...

  30. Warner Music Group Hits Streaming Milestone in First Quarter

    May 11, 2015 7:24 PM EDT 0 0 0 Streaming revenue exceeded download revenue in Warner's recorded music division last quarter. Music streaming reached a milestone in the first quarter of 2015. Warner Music Group revealed in Monday its recorded music division received more reve ...

  31. Throw Out the Big Pot: A Re-Examination of Streaming Pay (Analysis)

    May 11, 2015 10:53 AM EDT 0 0 0 Remember Portishead  instrumentalist  Geoff Barrow 's Twitter rant last month? "34,000,000 streams. Income after tax = £1,700." We already analyzed why it is hard to draw any meaningful conclusions out of this crude depiction. What is ...

  32. Spotify Losses Accelerate as Revenue Grows to $1.22 Billion

    May 09, 2015 3:30 PM EDT 0 0 0 The leading subscription service's revenue grew 45 percent in 2014. Spotify continues to employ a formula frequently seen in technology companies: lose money while growing fast. Revenue for the world's largest music subscription service ro ...

  33. Happy Mother's Day! Check Out the 10 Most Shazam'd Mama-Themed Songs

    May 08, 2015 2:00 PM EDT 0 0 0 Shazam just got a whole lot more adorable. And by adorable, we mean sappy, cheesy and super awkward. Like your mother. The ubiquitous song-recognition app did a little number-crunching for Mother’s Day, calculating the top 10 most Shazam'd song ...

  34. How Much Cash Did Grooveshark Burn Through in Legal Fees?

    May 08, 2015 1:30 PM EDT 0 0 0 Some digital startups turn entrepreneurs and their investors into millionaires. The nine-year run of streaming service Grooveshark, which succumbed to legal woes and agreed to shut down on April 30 , arguably enriched lawyers more than anyone. How m ...

  35. What Do Spotify and Other Streaming Services Pay Around the World?

    May 08, 2015 1:07 PM EDT 0 0 0 It's one thing to know a subscription service's average royalty paid to a record label. But because every market is unique, shaped by factors such as market penetration and per-capita income, streaming service's royalties can vary wil ...

  36. How Pandora Has Caught a Break (Twice) In Its Battle Over Royalties

    May 08, 2015 12:00 PM EDT 0 0 0 The company enjoys twin wins in its long-running battle over royalties. The week of May 4 began well for Pandora, which has been embroiled in legal battles over royalty rates for years. The result may be even lower payments for songwriters and publi ...

  37. Canadian Music Industry Honors Bryan Adams, Cowboy Junkies, Warner Music Exec Steve Kane

    May 08, 2015 11:51 AM EDT A sold-out room of industry heavyweights from every area of the music industry gathered in Toronto last night at the Sheraton Centre's Grand Ballroom to honour more than 40 Canadian businesses and individuals at the 2015 Canadian Music and Br ...

  38. Alibaba Names New CEO as Revenue Jumps

    May 07, 2015 11:43 AM EDT 0 0 0 Chinese e-commerce powerhouse Alibaba Group's revenue jumped 45 percent on strong mobile growth and more active buyers in the fiscal fourth quarter. The company also on Thursday named a new CEO and said it planned a hiring freeze for the fiscal ...

  39. Hot Chip Makes Sly Commentary on UK Elections

    May 07, 2015 10:50 AM EDT 0 0 0 Hot Chip , the U.K. electronic pop and groove band, "re-skinned" its website this morning in advance of new album Why Make Sense? (out May 19, Domino) to coincide with the U.K. elections. In honor of the political contest that finds the in ...

  40. David Byrne Appointed to SoundExchange Board of Directors

    May 07, 2015 10:10 AM EDT 0 0 0 The former Talking Heads says he'll fight for creators and fairness in digital music. David Byrne is going to Washington. The music legend has been appointed to the board of directors of SoundExchange, the Washington D.C.-based organization tha ...

  41. FCC's Tom Wheeler Lectures ISP Execs: 'You Don't Have a Lot of Competition'

    May 07, 2015 8:32 AM EDT 0 0 0 Tom Wheeler , the FCC chairman, lamented what he believes is a lack of competition in the broadband Internet industry on Wednesday, while chastising those who aren't supportive of so-called open-Internet regulations. "You don't have a ...

  42. Periscope CEO Defends App After Mayweather-Pacquiao Fight: 'Piracy Is Not Something That Excites Us'

    May 06, 2015 8:52 PM EDT 0 0 0 Periscope CEO Kayvon Beykpour is defending his live-streaming app after people used it to illegally watch Saturday's Mayweather-Pacquiao Pay Per View fight. Appearing on CBS This Morning on Wednesday (May 6), Beykpour wouldn't reveal exact ...

  43. Sony Pulls Hozier, Adele, Miguel, Others From SoundCloud In Licensing Impasse

    May 06, 2015 3:44 PM EDT 0 0 0 Sony Music has removed original recordings from the SoundCloud pages of more than a half-dozen artists -- including Adele , Hozier , Miguel ,  Kelly Clarkson , Passion Pit , Leon Bridges  and MS MR -- as part of a breakdown in negotiations between t ...

  44. Europe Launches Plans for Digital Single Market

    May 06, 2015 8:46 AM EDT 0 0 0 After months of debate, Europe on Wednesday unveiled its plans to create a digital single market, uniting industries and consumers online across all 28 EU countries.  The proposals, presented on Wednesday, will have a wide-ranging impact across the ...

  45. German Streaming Service Simfy Down to 'Limited Number of Songs,' Directs Users to Deezer

    May 05, 2015 4:36 PM EDT 0 0 0 Auf wiedersehen, Simfy. The rise of Spotify and a lack of licensed music from some of the three major labels has forced the German-based streaming music company to raise the white flag and wind down operations. As Music Business Worldwide reports, W ...

  46. Apple Said To Be Without Key Music Deals Weeks Ahead of Rumored Streaming Service Launch

    May 05, 2015 1:40 PM EDT 0 0 0 Doubts arise that Apple's expected Beats Music relaunch will take place next month. A June launch of Apple's new subscription service is going down to the wire. Industry sources say Apple does not have the necessary licensing deals a month ...

  47. BandPage Partners With StubHub to Place Additional Offers in Search Results

    May 05, 2015 9:43 AM EDT 0 0 0 Would you like a meet-and-greet with that concert ticket? BandPage, the platform that aims to be a one-stop destination for artists' web presences that has raised $27.6 million in funding to date , has announced StubHub as its newest partner th ...

  48. Pandora's Radio Station Gets FCC Approval

    May 05, 2015 8:54 AM EDT 0 0 0 Pandora can now start playing music -- on the FM dial. Broadcast approval for Rapid City, South Dakota's KXMZ, which Pandora purchased for $600,000 in the summer of 2013 was finally given the green light by the FCC last night. The license under ...

  49. Spotify Reportedly Secures Goldman Sachs Funding Amidst Rumors of Apple Offensive

    May 04, 2015 10:50 AM EDT 0 0 0 Reports of a massive injection of funding for Spotify have been bubbling up since January , the latest in a report from CNBC Friday night (the second of its kind ) saying that the company had closed on a large round from Goldman Sachs, the Wall Stre ...

  50. Requiem for a Grooveshark: How Did It Last So Long?

    May 01, 2015 2:17 PM EDT 0 0 0 Its business model allowed the streaming service to survive years of legal attacks before succumbing this week. How? A streaming service is not a streaming service. Grooveshark, the notoriously unrepentant music streaming service that ceased operati ...

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