Beats Music 4 - RAIN News

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Bop.fm raises $2M, positioned as a universal remote control for streaming music

Posted on July 10, 2014 by Brad Hill

Bop.fm, a streaming startup founded seven months ago in the Y Combinator seed-funding group, has obtained a $2-million funding round from Charles River Ventures. Bop enables music sharing on a platform that hooks into popular streaming services. In the RAIN review, we found a crucial feature glitch, but an overall terrific experience that emulates an interactive music service, drawing on external libraries. As such, Bop.fm serves as a remote control for Spotify, Beats Music, and Rdio, and makes it easier to share music. Continue Reading →

Spotify and Beats Music expanding to Canada — later

Posted on June 26, 2014 by Brad Hill

Canadian music industry outlet FYI Music News reports that Spotify and Beats Music will open their on-demand platforms to Canadian users, but not immediately. According to the report, Spotify will cross the border in October. Beats will give Canadians a New Year gift in January, 2015. Continue Reading →

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Beats Music math: What Spotify and Pandora would be worth

Posted on June 13, 2014 by Brad Hill

File this under Friday Fun. Apple will pay $3-billion for all of Beats (the electronics and music-service divisions) when the deal closes later this year. Source reveal that the Beats Music portion of the merger is accounted at $500-million. Yielding to temptation, we ran the numbers and hereby propose (not with an entirely straight face) some stratospheric prices. Continue Reading →

Will Beats Music become iBeats? (trademark filing)

Posted on June 9, 2014 by Brad Hill

Beats Electronics (recently acquired by Apple) file a trademark revision dated April 25, expanding the protected use of its iBeats trademark.
Formerly assigned only to the in-ear Beats headphones product, the application for expanded protection covers uses that seem clearly aimed at potentially rebranding Beats Music, in whole or part. Continue Reading →

As the dust settles around Apple and Beats, a few settling points

Posted on June 2, 2014 by Brad Hill

Apple’s acquisition of Beats brought out more anticipation, speculation, and commentary than any business or product news story since the launch of iTunes Radio in September. It’s as if a unique two-headed creature rose out of the earth for all to wonder at. As the dust settles, a few points are worth noting. Continue Reading →

Apple/Beats: $500-million for the streaming-music part

Posted on May 30, 2014 by Brad Hill

A little more detail spilled out of this week’s important industry consolidation, as Apple acquired Beats Electronics. According to sources cited by The Wall Street Journal, Apple’s valuation of Beats Music, the subscription streaming service, was $500-million. Too much or too little? Continue Reading →

Media Scan: Best coverage of the Apple-Beats acquisition

Posted on May 29, 2014 by Brad Hill

Apple and Beats Electronics reached a final merger agreement in which Beats is folded into Apple, probably by September. Facts are emerging and suppositions are flowing. We voraciously scanned coverage around the web to deliver a hotlist of must-read reporting and opinion. Continue Reading →

Apple acquires Beats

Posted on May 28, 2014 by Brad Hill

Ending its exercise in delayed gratification, Apple turned rumor into reality by acquiring Beats Electronics for $3-billion. Tellingly, Apple’s press release leads with the streaming music service. “Apple today announced it has agreed to acquire the critically acclaimed subscription streaming music service Beats Music, and Beats Electronics, which makes the popular Beats headphones, speakers and audio software.” Continue Reading →

The Apple/Beats deal: coming to a headline near you soon — maybe

Posted on May 28, 2014 by Brad Hill

Today brings the latest update of a story that won’t die … and won’t start, for that matter. Claire Atkinson of the New York Post cites unnamed sources who claim that Apple’s rumor-factory acquisition of Beats Electronics will be finalized and announced this week. We review the Apple/Beats saga and latest leaks. Continue Reading →

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Beats Music royalty statement leaks subscriber and royalty figures

Posted on May 13, 2014 by Brad Hill

A Beats Music royalty statement was leaked to The Trichordist, David Lowery’s musician advocacy site. The document divulges previously unknown subscriber and royalty information. Click for an informal and unofficial reconstruction of the Beats Music audience level and royalty percentages in March. Continue Reading →

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What thought leaders think of Apple/Beats

Posted on May 12, 2014 by Brad Hill

The rumor hasn’t been refuted yet, and the entire music-tech world is treating it a fact, soon to be manifested. Apple will (reportedly) acquire Beats Electronics, including Beats Music. RAIN solicited comments from thought leaders, and harvested some of the most provocative perspectives in other media outlets, to create a landscape of opinion and speculation. Continue Reading →

Apple reportedly buying Beats

Posted on May 9, 2014 by Brad Hill

In what would be a blockbuster $3.2-billion deal that re-shapes the ownership structure of streaming music, Apple is reportedly set to acquire Beats Electronics, which includes Beats Music. If it plays out as rumored, the acquisition would vault Apple into the music-subscription industry, adding a third pillar to its music business. Continue Reading →