Kobalt Music Group is in the process of raising its largest funding round yet. KMG is the parent organization behind Kobalt Music Publishing, Kobalt Neighbouring Rights, recorded music operation AWAL and collection society AMRA. Continue Reading
Sirius XM is taking new steps in its ownership of Pandora. The satellite radio company has launched a content team that will create original programming in music, sports, and talk for Pandora based on Sirius XM’s model. Continue Reading
Over 450 attendees flocked to New World Stages in Manhattan for the third annual RAIN Podcast Business Summit on Tuesday. Keynoted by Zack Reneau-Wedeen (Founder and Head of Product for Google Podcasts), and highlighted with appearances by Jarl Mohn (President… Continue Reading
SoundCloud has been moving to match the feature sets offered by other streaming services. The latest act is the launch of a student subscription tier. SoundCloud announced in a blog post that students can take advantage of a 50% discount to its SoundCloud Go+ tier. Continue Reading
Spotify has been available to listeners in India for barely a week, and the streaming company’s launch has received close scrutiny due to the legal debate over its rollout and the growing importance of this new market for the international streaming brands. A representative from Spotify said that the service already has 1 million users in India across its free and paid offerings. Continue Reading
New York Public Radio announced that COO Depelsha McGruder will serve as its interim CEO beginning this spring. She will take over on a temporary basis on April 1 following the departure of Laura Walker, who was the organization’s president and CEO for 23 years. Continue Reading
B2B music company 7digital has reached a settlement with German music service Juke that will end their partnership. The companies started collaborating in 2017 when 7digital acquired 24-7, Juke’s parent company, from MediaMarktSaturn. 7digital assumed regular operations of Juke through that deal. Continue Reading
Triton Digital has partnered with Medialaan – de Persgroep Publishing, a Belgian commercial media company, as its newest client. Medialaan will use Triton’s services for delivery, monetization, and measurement of its streaming audio material. Continue Reading
Brief news items and worthy reads from around the web: What’s the most popular key signature for hits? De La Soul’s difficult road to digital continues. What’s next for radio in cars? Continue Reading
Independent music company CD Baby is embarking on a global expansion with several new hires in Latin America, Asia Pacific, Canada, the UK, and the EU. These new regional specialists will be responsible for increasing CD Baby’s existing presence or putting new roots down. Continue Reading
One of the big music industry narratives this year will likely be the expected sale of up to a 50% stake in Universal Music Group. Two very different potential buyers have already emerged. Reuters reported that Tencent Music Entertainment and U.S. buyout fund KKR are each exploring bids for the major label. Continue Reading
Sirius XM announced a new content expansion for its subscribers. The satellite radio company introduced more than 100 curated, commercial-free streaming music channels available exclusively to Sirius XM All Access and Sirius XM Premier Streaming subscribers. Continue Reading