Pandora, Sirius XM close investment. Sirius execs join board.

Pandora and Sirius XM have closed the strategic investment announced in June. Sirius XM has purchased 307-million Series A shares of P stock for a $480-million investment in the internet radio firm. At the same time, Sirius execs James E. Meyer (CEO), David J. Frear (CFO) and Gregory B. Maffei (Chairman) joined the Pandora board. Maffei is now chairman of both companies. Continue Reading

Rights management and monetization startup nets seed funding, buys Dart Music assets

A Los Angeles-based startup called HAAWK, which specializes in rights management, copyright enforcement, and monetization for user-generated content, has announced two business developments. First, the company secured a $2.5 million seed round of financing. Second, it has acquired assets from Dart Music. Continue Reading

iHeartRadio inks hospitality industry deal, bringing music to hotel guests

iHeartRadio’s music programming will soon be available in hotel rooms thanks to a new partnership with KEYPR, a cloud-based guest service platform for the hospitality industry. iHeartRadio will be accessible directly on KEYPR in-room tablets. These devices can also provide guests with a directory of hospitality services and a keyless entry option for their room. Continue Reading

Electric Jukebox’s Roxi is available in the U.S. with 7digital-powered music catalog

Last month, we reported on the upcoming Roxi set-top streaming device from Electric Jukebox. There were no definite U.S. release dates at that time, but the company has started shipping the device stateside beginning today. B2B music provider 7digital will be Electric Jukebox’s partner, providing the Roxi music catalog for the U.S. market. Continue Reading