After a bobble in negotiations last month, SoundCloud and Warner Music Group have signed a licensing deal. “The deal includes innovative licensing terms that will provide WMG and its artists greater ability to manage the availability of content, while providing a path towards delivering additional revenue from user-generated mixes and mash-ups of WMG music,” SoundCloud said. Continue Reading
Radionomy announced that it will work with Nobex to create mobile apps for its most popular stations. Through the partnership, 650 of the online radio platform’s stations will receive free apps that will be made available on both the Apple App Store and on Android’s Google Play. Radionomy has made headlines several times this year for its partnerships that furthered the resources available to people who create stations under its banner. Continue Reading
Research firm BIA/Kelsey and business intelligence firm AdMall have formed an alliance to provide high-quality information to media buyers. BIA/Kelsey will furnish some data from its Media Ad View Plus product, plus comparison data of traditional vs. local spending. Continue Reading
Unnamed sources told the Wall Street Journal that worldwide music sales from the iTunes Store fell 13%-14% since the start of 2014. A single individual also told WSJ that Apple is in the process of rebuilding Beats Music and will relaunch the service next year as part of iTunes. There hasn’t been any formal word from Apple about its plans for Beats, but that hasn’t stopped the rumors from swirling about their joint future. Continue Reading
Beatport purchased a social listening app called Listn for an undisclosed price, then promptly decided to shut down the service. The app allowed its members to explore their friends’ music libraries, with connections to several popular streaming services: YouTube, Spotify, Rdio, and SoundCloud. Listn will no longer be available starting Oct. 30, but the app’s employees will be joining Beatport. Continue Reading
Demonstrating how blockbuster business deals can quickly change, AT&T has stopped offering new Beats Music subscriptions to its customers. Existing Beats subscriptions that were launched within the AT&T phone plans will continue unaffected. What directional guidance does this news offer on the question of how Apple will incorporate Beats Music? Continue Reading
Digitally Imported (DI.fm) announced details and partnerships related to its upcoming platform overhaul, which RAIN News previewed two weeks ago. The ambitious plan to build interactive features on top of a renowned electronic-music pureplay radio site is now fleshed out with key content partnerships. Continue Reading
iHeartMedia (formerly Clear Channel) has announced a partnership with Omnicom Media Group, the media services division of Omnicom Group, a leading global advertising company.
The deal gives each company special access to assets, information, and technology of the other. We spoke with Jeff Howard, President, National Sales at iHeartMedia. “We’re looking for companies that want to transform the industry,” he told RAIN News. Continue Reading
Apple might be preparing a heart-to-heart conversation with its music content providers — the record labels. Apple has reportedly reached out to major labels in an effort to negotiate licensing changes that will let it reduce the monthly subscription price of Beats Music. That might be a struggle. But if any company has a track record of working with record labels to reshape the music industry, it is Apple. Continue Reading
At RAIN News we prefer facts to rumors. But rumors can anticipate reality. Whether they do or not, well-sourced rumors are interesting, and point to underlying issues. This rumor started with a TechCrunch article, circulated by other publications, and was quickly denied by Apple. Another recent Apple acquisition might provide guiding light. And no matter what happens to the Beats Music brand, important questions surround Apple’s role in music and listening. Continue Reading
Internet radio pioneer AccuRadio announced a $2.5-million investment from NantWorks LLC, headed by entrepreneur Dr. Patrick Soon-Shiong. AccuRadio was founded by CEO Kurt Hanson, also RAIN News Founding Editor. Kurt Hanson began building AccuRadio in 2000. It was an experiment first, and became a hardy first-mover in what has evolved into a crowded field littered with music services that did not survive. Today’s press release notes that AccuRadio operates profitably. Continue Reading
8tracks, the profitable and uniquely differentiated music platform, has reportedly obtained a funding round of $1.28-million. Investor identity is not disclosed in a Series D form filed with the SEC. that form indicates that the total investment, after a second portion closes, will be worth $1.4-million. Continue Reading