8tracks encourages subscription as it nears completion of major-label licensing

In a revealing blog post that transparently reveals company financials while explaining economic realities of the music streaming business generally, 8tracks Founder and CEO David Porter has announced that his company has “nearly wrapped our deal with the first of the major labels.” Along with that revelation, Porter says that 8tracks will start its subscription service in the new year. Continue Reading

8tracks plans Regulation A crowdfunded equity offering

Kickstarter meets Wall Street. Music service 8tracks is filing for a Regulation A securities offering, hoping to raise $5-million or more through a public investment opportunity open to anybody. Required documents will be filed this week. After regulatory review, 8tracks expects the investment round to open by June. Regulation A is a relatively new investment type. Continue Reading

8tracks CEO David Porter talks about audio advertising

Last week we covered AudioHQ’s launch as a new audio ad network, partnering with 8tracks as a music-service partner. CEO Matt Cutair told us that his company seeks to facilitate a “middle market” between high-end premium sales and programmatic buying. To follow up on the content side, we spoke to David Porter, founder and CEO of 8tracks. Continue Reading