After announcing 2 million subscribers back in July, Rhapsody and Napster have grown to 2.5 million paid subscribers worldwide. Those members listen to more than 5 million hours of music a week. A large part of the growth came from the company’s U.S. deal with T-Mobile, which contributed a 67% spike in unRadio subscriptions over the holiday season. Continue Reading
Clip Interactive, which has built its business on building interactive mobile apps for broadcast radio stations, announced that it is expanding its product line to include desktop and mobile browsers. This interactive web player will work on computers and mobile device browsers, bypassing the need for users to download a station-specific mobile app. Continue Reading
Spain’s music industry association Promusicae revealed that the nation’s music market grew about 21% to more than €149.9 million last year. It was the first year since 2001 with an uptick in sales. A large portion of that growth came from streaming services, which contributed €47.2 million in revenue. Continue Reading
The Society of Composers, Authors and Music Publishers of Canada announced its financial results for 2014, and revealed $299 million in revenue from domestic, international and private copying proceeds. The figure broke last year’s record high of $276 million. Within that total, the organization received $20 million in revenue from Internet streaming companies, up from $3.2 million in the previous year. Continue Reading
Deezer’s first foray into the U.S. market was a special Elite service offered for Sonos systems. Now that partnership is going global, with Elite access to become available for Sonos owners across Europe, Latin America, Asia Pacific, and Canada on March 19. Continue Reading
Sam Smith and Beck might have taken home the statuettes, but according to SoundHound, the big winners from the Grammys were Ed Sheeran and Jeff Lynne. Sheeran, who was up for several awards, performed “Thinking Out Loud” during the show. It was the most SoundHounded song of the event and also translated into the most purchases through the app. Continue Reading
In its quarterly conference call, Pandora revealed earnings for Q4 2014, and full-year 2014. audience growth was sharply up, due in part to holiday listening. The company fell short of its Q4 guidance, disappointing investors, who sent the stock shivering downward in a double-digit percentage slide. CEO Brian McAndrews expressed long-term confidence and declaimed 2015 “the year of conviction.” Continue Reading
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THIS WEEK: U.S. Copyright Office slams radio royalty exemption; Webcast metrics for November; Pandora earnings; iHeartMedia enters custom advertising; the newest podcast hit; streaming services expand globally Continue Reading
Quick news items and worthy reads from around the web:
Spotimap: Fun with maps. And music.
Billboard releases Power 100 rankings Continue Reading
Vevo announced updated viewing data for its video hosting platform, reporting that its clips had more than 10 billion monthly video views in January 2015. The figure marked an 86% increase year-over-year for Vevo. Continue Reading
Hi-fi streaming service Tidal announced plans to push into 22 new markets during the first quarter of 2015. The expansion, coming hot on the heels of another European push that already happened in January, will bring Tidal’s total audience to 30 nations. Continue Reading
ComScore released its review of the top 50 digital media properties in the U.S. for December 2014. Pandora ranked No. 19 with 89.4 million unique visitors during the month. iHeartMedia Digital also secured the final spot on the new list at No. 50. Continue Reading