Shazam recently announced that it has more than 100 million monthly active users, with 34 percent growth in that metric since July 2013. The music identification app has been downloaded more than half a billion times. VentureBeat reported that Shazam’s tagging feature drives 400,000 digital download sales daily. Continue Reading
For the first time in its history, the streaming service will begin running advertisements for U.S. listeners. “The introduction of advertising is an important step for creators,” Founder and CEO Alex Ljung said. “Every time you see or hear an ad, an artist gets paid.” The company also debuted plans for a creator partner program called On SoundCloud that aims to aid members in turning their music streams into revenue streams. The crucial note in SoundCloud’s discussions of this change is its focus on the artists. Continue Reading
In the world of Internet-delivered radio, at least three significant categories of devices were wiped out by the success of the smartphone and its somewhat bigger brother, the tablet. RAIN Founding Editor Kurt Hanson ties those trends from Internet radio tech to the re-emergence of the Nook e-reader. Continue Reading
Brief news and worthy reads from around the web: play counts Spotify’s top 50; Bop.fm adds follow feature; billions of bucks expected in subscriptions. Continue Reading
SoundHound announced that it has launched a new feature called Connect to Rdio. This update automatically adds all songs that a SoundHound user discovers to a special playlist within Rdio. Before this update, SoundHound already had tie-ups with several streaming platforms. This particular Rdio news, though, is similar to an announcement made by Shazam in July. Continue Reading
Mixcloud has updated its membership options, adding two paid subscriptions. CTO Mat Clayton said the goal of adding paid tiers was to diversify and smoothen the company’s revenue. “We think it’s important to have a product that allows our users to pay for the Mixcloud service,” Clayton said. “This sets the precedent that content and services on the internet are valuable.” Continue Reading
Earlier in the summer, Jelli announced plans to suspend its social radio service in favor of its programmatic ad platform. The promising Q1 growth for that service continued on Tuesday, with the company’s announcement that its RadioSpot platform will be deployed at seven more radio stations across the U.S. Continue Reading
Mobile music is on the grow. Studies by comScore/Millennial Media and AYTM have shown increasing interest in streaming on tablets and smartphones. The latest demonstration of this push into mobile is the just-announced partnership between Nobex Partners and StreamLicensing. Under the new deal, Nobex will help create custom apps for StreamLicensing’s 1,200 radio stations. Continue Reading
In this guest column, RAIN Enterprises CEO Jennifer Lane explains why it’s crucial to focus on digital platforms. Core spot revenue is still important to the industry, but recent news developments indicate that broadcasters would be well served to be aggressive in growing their share of the digital pie. Continue Reading
Brief news items and worthy reads from around the web: Vevo owners rethink selling; Zvooq completes financing round; Brad Paisley helping to launch My Country Nation. Continue Reading
Do you want to hear more than music on your favorite pureplay streaming service? The findings from a study by Bridge Ratings indicate that many people are content with the status quo of songs only. “Adding news or commuter traffic content is likely not going to enhance the experience for most users of these services,” said Dave Van Dyke, Bridge Ratings’ president. Continue Reading
Juniper Research projected that revenue for digital music will be slow to rise from an estimated $12.3 billion in 2014 to about $13.9 billion in 2019. While listeners are likely to gravitate toward cloud-based services, Juniper’s report projected that pureplay streaming services such as Spotify and Pandora will be tested by the growth of personalized music services from Apple and Google. Continue Reading