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Kurt Hanson’s AccuRadio raises $2.5-million funding

Posted on by Brad Hill

Internet radio pioneer AccuRadio announced a $2.5-million investment from NantWorks LLC, headed by entrepreneur Dr. Patrick Soon-Shiong. AccuRadio was founded by CEO Kurt Hanson, also RAIN News Founding Editor. Kurt Hanson began building AccuRadio in 2000. It was an experiment first, and became a hardy first-mover in what has evolved into a crowded field littered with music services that did not survive. Today’s press release notes that AccuRadio operates profitably. Continue Reading →

Universal makes good on plans to put its catalog online

Posted on by Anna Washenko

Universal Music Publishing Group has followed through on the plans it made earlier this summer to list its catalog online. For starters, the online Song List only includes the portions of its catalog written by members of the ASCAP, BMI, and SESAC performing rights organizations. The company plans to expand the list over time. Continue Reading →

Triton Digital launches Triton Advertising Platform, combining inventory management with audience data

Posted on by Brad Hill

Triton Digital today announced a new and proprietory ad management program whose key features are inventory manasgement matched to audience data. Called the Triton Advertising Platform (Tap), the product monetizes streams in two flavors: traditional linear streams of broadcasters (“Tap Live”) and pureplay audio publishers (Tap OnDemand). Better audience targeting is a clear emphasis. Continue Reading →

Why Digital Music Services Always Steal Each Other’s Customers (Mark Mulligan)

Posted on by Mark Mulligan

by Mark Mulligan

Mark Mulligan is one of the industry’s most astute observers and analysts. This guest column examines customer sharing, revenue cannibalization, and the next five years in music — “one of the music industry’s most dramatic periods of change. The last ten years might have been disruptive but the change that is coming will be even more transformative.” Continue Reading →

Vital copyright focus at RAIN Summit Indy

Posted on by Brad Hill

“The Summer of Copyright.” We’ve been using that phrase recently, borrowed from broadcast attorney David Oxenford and his series of guest articles about this tumultuous year in copyright. Will the system of music royalties be rebooted when the Copyright Royalty Board establishes new rates? Will the decades-old “Consent Decrees” which govern how publishers and songwriters receive royalties be upheld or stricken down? Will pre-1972 music receive the copyright protection it has never had? What about terrestrial radio paying performance royalties for the first time in history — will it happen, and should it? Continue Reading →

Cable TV lobby and Netflix weigh in on music industry’s consent decrees

Posted on by Anna Washenko

This year’s big debate over consent decrees has consequences for more than just the music industry. Today, concerns over consent decrees led to a surprising agreement between long-standing enemies. The National Cable & Telecommunications Association made a submission to the DoJ calling for the regulations to stay in place. Continue Reading →

Pandora CFO addresses investors as P stock climbs 10%

Posted on by Brad Hill

Pandora CFO Mike Herring answered questions in front of investors at the Oppenheimer 17th-annual Technology, Internet & Communications Conference on Wednesday. P stock rose over 10% during the day, probably due less to Herring’s remarks than to investment house Stifel issuing a Buy rating for Pandora. Meanwhile, Mike Herring delivered his talking points in response to 32 minutes of questioning about audience size, ad sales, and music licensing. Continue Reading →