Pandora/Rdio media round-up: Best reading on both companies and the streaming economy

Monday’s news that Rdio had declared bankruptcy, with Pandora purchasing the company’s remaining assets and making big future plans, turned the tech, business, and music media on its head. The major consolidation in the streaming music space sparked lots of features and think pieces. Here, we’ve collected some of the more useful and insightful writing on the subject. Continue Reading

IFPI CEO explores the financial breakdown of streaming revenue

The IFPI has thrown its hat into the ring to discuss streaming royalties paid to artists. The group’s CEO Frances Moore penned a blog post about this delicate subject based on IFPI’s own research into the music industry’s financial situation. “The issue is not that artists are getting lower royalty payments from digital services – they are not – but that the overall recorded music market has shrunk, which means smaller revenues for all involved,” she wrote. Continue Reading