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News

Seven months later, Adele’s 25 will stream

Posted on June 23, 2016 by Anna Washenko

At long last, is seems Adele’s smash success 25 is coming to on-demand streaming services. Listeners in Australia and New Zealand can already tune in to the hit album on Spotify, Apple Music, and the like. However it has not appeared yet for the UK and U.S. audiences, which likely means that 25’s official streaming launch is June 24. Continue Reading →

News Adele, distribution

Spotify has a new artist merchandise partner

Posted on June 22, 2016 by Anna Washenko

Spotify announced a new partnership with Merchbar. This deal means that artists who list their merchandise through Merchbar will have top products automatically populated on their artist page for the streaming service. Continue Reading →

News Spotify

NPR One is a hit, but digital unease remains

Posted on June 22, 2016 by Anna Washenko

Recent numbers from an NPR survey about NPR One, its mobile app for bite-sized, personalized content delivery, show that the project is a hit so far. Even though NPR One is meeting its goals and it has had success so far, internal contention over the app remains. Continue Reading →

News apps, NPR, NPR One

SoundCloud boosts discovery tools with Suggested Tracks

Posted on June 22, 2016 by Anna Washenko

SoundCloud has announced a new discovery feature called Suggested Tracks. This tool makes personalized recommendations based on your past listening activity, including likes and plays. It relies on an algorithm to refresh the recommendations. Continue Reading →

News discovery, SoundCloud

Music data aggregator gets $360K in seed funding

Posted on June 22, 2016 by Anna Washenko

Data means big business for the music industry, and it means especially big business today for Soundcharts. The Paris-based data aggregation company has secured a seed funding round of €320,000 ($360,000) that it will use to become “the indispensable tool for all industry professionals.” Continue Reading →

News big data, Soundcharts

SFX terminates Chapter 11 bankruptcy plans

Posted on June 21, 2016 by Anna Washenko

SFX Entertainment has ended its pre-Chapter 11 restructuring support agreement. The entertainment company will keep working with its ad hoc group of bondholders, but there is no hard timeline for it emerging from its financial woes. Continue Reading →

News SFX Entertainment

Aussie exchange shuts down Guvera IPO

Posted on June 20, 2016 by Anna Washenko

The Australian Securities Exchange has rejected Guvera’s planned IPO, informing the streaming company that it would not accept its shares. The exchange’s statement did not disclose specific reasons for the refusal. Continue Reading →

News Guvera

Spotify has 100 million active users

Posted on June 20, 2016 by Anna Washenko

Spotify has surpassed 100 million active users, a representative confirmed to RAIN News. It’s a big milestone for the streaming service. At the end of 2015, Spotify had 89 million active users, including about 28 million paying subscribers. Continue Reading →

News music subscriptions, Spotify

SoundExchange expects $860 million in distributions this year

Posted on June 20, 2016 by Anna Washenko

SoundExchange has forecast that it will deliver $860 million in payouts this year. President and CEO Michael Huppe gave the prediction at the A2IM convention. Huppe also used his speech to discuss the organization’s policy platforms. Continue Reading →

News SoundExchange

Spotify hires head of investor relations in latest step toward IPO

Posted on June 17, 2016 by Anna Washenko

Spotify has hired a new exec as head of investor relations, the latest signal that an IPO is in the streaming service’s future. The new addition is Paul Vogel, who joins Spotify after most recently running Barclays’ Internet and media research group. Continue Reading →

News IPO, Spotify

8tracks’ equity crowdfunding begins

Posted on June 17, 2016 by Anna Washenko

8tracks is now accepting investments in its Regulation A round. The crowdfunded investment round is officially open on SeedInvest. This type of SEC-regulated round allows anybody to invest in the playlisting company, buying ownership for as little as $100. Continue Reading →

News 8tracks, crowdfunding

Streaming drives revenue growth for Merlin indie labels

Posted on June 17, 2016 by Anna Washenko

Merlin, a digital rights agency for independent labels, has released the results of its 2016 member survey. Digital income supplied a majority of overall business for 62% of respondents, up from about half of the respondents last year. Streaming is a core element in that digital growth. Continue Reading →

News Merlin

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