Test Drive: Baboom breathes fresh air into the indie music business

Baboom joined the ranks of of new digital music properties with its launch last week. The company blends several promising ideas from other digital upstarts, such as the direct-to-fan patronage of Bandcamp and the stream/store combination of Beatport. The result is a product that feels new and more promising than most other musical startups. Continue Reading

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Neil Young talks a big game in latest Pono update

Neil Young wrote an update about his hi-res Pono Music company on Facebook. Young gave nods to the other brands Pono works with, both in and out of the music industry, but explained that the company has many partners but “no proven business leader,” in his own words. He added that Pono is working to set up shop in multiple countries despite a lack of resources. Continue Reading

Internet Radio Rewind #56: A new podcasting deal; radio groups sued; Apple Music metrics; more

A weekly podcast from RAIN News

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The weekly update of the streaming audio industry, from RAIN News. THIS WEEK: A talent agency gets into podcasting; radio targeted in pre-1972 lawsuit; Apple disagrees with MusicWatch research; Deezer wants big bucks; Mad Genius Radio shuts down. Continue Reading

Streaming accounts for 72% of Denmark’s music market

IFPI Denmark released data on the first half of 2015 for the country’s music industry, which showed a strong performance by streaming. Revenue from streaming platforms rose by 14% in H1 2015 compared with H1 2014. Recorded music overall rose just 0.4% since the same period last year, which physical sales dropping 35% and downloads falling 13% from the year-ago period. Continue Reading