It has been revealed that Spotify, the Internet Radio service famous for On-Demand music streaming, now boasts 5 million paying subscribers with 1 million of that total coming from the United States. While these numbers may not look impressive at first blush, getting 1 million self paying subscribers in a year is a good achievement…. → Read More
It appears that SiriusXM’s Mel Karmazin is not the only CEO stepping down from an audio entertainment company these days. In a surprise move MOG founder and CEO David Hyman is heading out the door. MOG recently sold to Beats, the popular headphone maker. Hyman’s move is effective immediately, but it was disclosed that Hyman… → Read More
The international growth of music services is exploding and as yet SiriusXM has not done the same. Is it smart business on the part of the satellite radio provider, or is the company falling behind? The answer is likely a little bit of both. While a company like Spotify announces $100 million in new financing… → Read More
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Microsoft announced yesterday that Pandora, the “leading internet radio service” would be coming to the Windows Phone in early 2013 with one year of ad-free entertainment. With roughly 5 million Windows Phone devices being sold per quarter, we’re talking about 400,000 potential paying subscribers by years end if Pandora continues to convert those free users… → Read More
It is no secret that royalty payments make up the biggest expense of a streaming radio service. Internet radio blockbuster Pandora (NYSE:P) knows this first hand. Royalty payments have made what is a massive success in terms of consumers into a mediocre success as a business. In fact, Pandora rarely reports a profitable quarter despite… → Read More
Music is business. Big Business! It appears that the new trend is getting into the music business, or at least hitching your proverbial wagon to it! Rumor has it that Coca Cola is thinking of plunking down some coin and investing into Internet radio giant Spotify. The two companies are not strangers. Spotify and Coke started… → Read More
Many investors in SiriusXM Satellite Radio (NASDAQ:SIRI) have never heard of Deezer because it is not offered in the United States. Those that read SiriusBuzz are already in the loop, because we see the importance of keeping in tune with the happenings in the audio entertainment sector. As you can imagine, there will be… → Read More
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Dancing With The Stars is one of televisions biggest and most popular shows. It makes headlines all of the time, and is even among what is labeled as “Must See TV” according to SiriusXM’s Howard Stern, who oft dishes about Dancing With The Stars on his SiriusXM show. What may surprise some audio entertainment fans… → Read More
Pandora announced their latest round of audience metrics today and surprisingly enough, with all of the growth and competition from Spotify and the likes, they’re still growing. Total listener hours for the month of August were 1.16 billion, an increase of 70% from 682 million during the same period last year and an increase of… → Read More
Music streaming juggernaut Spotify recently announced that their free mobile service is now available on the popular Android platform. Frugal users can now enjoy a Premium-like radio experience on the go with a few minimal ad-breaks, just like they would on the desktop platform. For those who may not be familiar with mobile operating systems,… → Read More