Recorded Music New Zealand shared an update on the 2014 music industry in New Zealand. During the year, music revenue totaled NZ$66.2 million. Streaming’s share of the revenue pie rose from 9% in 2013 to nearly a quarter in 2014. Continue Reading
Despite some hesitance from the minority shareholders earlier in March, Jay-Z’s bid to buy Aspiro has reportedly gone through. Last month, some shareholders had voiced skepticism that the bid did not sufficiently value the company, which owns both the Tidal and WiMP streaming services. Continue Reading
A showcase for streaming audio startups will highlight RAIN Summit West, April 12 in Las Vegas. Called Streaming Audio’s Startup Economy, the showcase panel will feature four entrepreneurs representing their early-stage companies Continue Reading
Jelli, the cloud-based programmatic ad service for broadcasters, announced a new version of its RadioDash platform, providing a campaign data dashboard to radio station clients. We spoke to CEO Mike Dougherty. Continue Reading
Brief news items and worthy reads from around the web: Indie label CEO’s freemium takedown: Ministry of Sound CEO Lohan Presencer spoke at the Mobile World Congress with some harsh words for both the streaming industry and the freemium business model… Continue Reading
Joan Warner, Asia PacifIc Chair of WorldDMB and Commercial Radio Australia CEO, recently gave a keynote address the Digital Broadcasting Symposium in Kuala Lumpur, Malaysia, about the need for a transition to digital or HD radio. “Streaming does have a… Continue Reading
Spotify has allegedly projected that it will pay Universal Music Group $1 billion over the next two years. Internal emails obtained by the New York Post detailed the streaming service’s financial predictions. The $1 billion figure covers music royalties, ad revenue, and subscription fees. Continue Reading
Milk Music began its life as a free mobile streaming service for the owners of Samsung mobile devices. Now it is open to listeners on any platform with the launch of a version for listening in browsers. Continue Reading
Pandora is experimenting with plans to launch a different approach to accessing its subscription tier. This potential one-day pass would grant access to the paid Pandora One service, which offers ad-free listening, more song skips, and higher audio quality for $4.99 a month. Twenty-four hours with the paid service is projected to cost 99 cents. Continue Reading
Brief news items and worthy reads from around the web: Q&A about the Songwriters Equity Act; Mad Genius hits crowdfunding goal; Bandcamp hits $100 million in artist payouts. Continue Reading
Mexican-born radio star Eddie “Piolin” Sotelo has a new distribution outlet, and PodcastOne enters a new market, as El Show de Piolin begins a new run on the podcast network. It is the first Spanish-language program on PodcastOne, joining a portfolio of 200 shows that are downloaded 120-million times a month. Continue Reading
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THIS WEEK: Beats Music relaunch; “The Infinite Dial” research; a podcast ratings service of the future; second time around for songwriter legislation; digital radio in Europe; another retailer cools on CD sales Continue Reading