Mark Mulligan: What $500 Million And Jay-Z Say About the State Of Streaming In 2015
by Mark Mulligan
Guest contributor Mark Mulligan examines Spotify’s new financing efforts and Jay-Z’s foray into the streaming business. Continue Reading
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Internet Radio Rewind #028
A weekly podcast from RAIN News
Sponsored by AudioBoom
A six-minute blast of news you need to know in streaming audio.
THIS WEEK: Podcast listener behavior; Pandora’s growing reach; Apple iTunes earnings; SoundExchange artist payments in 2014, Spotify joins PlayStation; iHeartRadio’s audience milestones. Continue Reading
Tidal and WiMP may soon be owned by Jay-Z
According to a press release from Aspiro, the owners of WiMP and Tidal, the company has been approached with a bid for a public takeover. The roughly $56 million offer came from Project Panther Bidco, which is indirectly owned by S. Carter Enterprises. That sounds like a fairly routine acquisition, aside from the pertinent detail that S. Carter stands for Shawn Carter, better known as rap icon Jay-Z. Continue Reading
Spotify seeks $500M new funding; Jason Calacanis predicts Facebook takeover
The Wall Street Journal reports that Spotify “has expressed a desire” to raise $500-million in private investment, and is working with Goldman Sachs to achieve it. Meanwhile, in an unrelated analysis, past RAIN Summit keynoter Jason Calacanis predicts that Facebook will acquire Spotify. Continue Reading
Larry Rosin: The Monster — AM/FM Reach
by Larry Rosin
Guest columnist Larry Rosin, President of Edison Research, shares new results from Edison’s ongoing Share of Ear study. Broadcast radio has enviable daily reach, but it is changing. Continue Reading
Nielsen measures consumer demand for Internet-connected cars
In the frothing realm of connected cars, we know what the tech companies and automakers are doing. But what do car-buyers want? Nielsen’s new report on consumer preferences in connected cars points toward answers. Continue Reading
Norway sees increased streaming music revenue, decreased piracy
A recent IFPI survey revealed insights into the music industry in Norway. The survey found that streaming secured a larger portion of the country’s annual market sales value at 75%. Downloads were just 11% and physical formats were 14%. In 2013, streaming accounted for just 66% of the market, and physical sales had a 22% share. Continue Reading
Apple’s Q1 is strong overall, but shaky for iTunes
Apple released some mind-boggling financial figures from the first quarter in its latest SEC filing. The company’s net income for Q1 was $18.02 billion on net sales of nearly $74.6 billion. Underneath the huge revenue, though, the news was not so good for iTunes. Continue Reading
Spreaker offers podcast audience intelligence with new analytics
Understanding podcast consumption is a notorious challenge for creators and publishers. Audio host and distributor Spreaker has addressed that concern for its customers with the launch of a new analytics portion of the service. Continue Reading
Rdio dropped from attempted pre-1972 class action
Several streaming services were recently approached with a potential class-action lawsuit focused on pre-1972 song copyright protection. Rdio was initially one of the defendants, but the company has reportedly been dropped from the legal action. Continue Reading
The Streaming Audio Marketplace: webinar slides
The Streaming Audio Marketplace, a RAIN News webinar and whitepaper sponsored by TargetSpot, is now freely available in two formats: a 50-page whitepaper, and the webinar slides. Click through to see the slides, and link to the whitepaper. Continue Reading
Spotify and Sony partner for new PlayStation Music service
In a development that could impact streaming audience share of the competitive music-service market, Sony announced that it will launch PlayStation Music with Spotify as an exclusive partner. This means an integrated music service is coming to the PlayStation Network’s 64 million active users. Continue Reading