Sony Music CEO Martin Bandier said, “This rate is a clear defeat for songwriters. This rate is woefully inadequate and further emphasizes of the need for reform in the rate court proceedings. Songwriters can’t live in a world where streaming services only pay 1.85% of their revenue. This is a loss, and not something we can live with.”
The songwriter’s loss is Pandora’s gain. And what did they do to celebrate this win? They decided to raise subscription prices.
Internet radio streaming giant Pandora has once again rolled out some impressive monthly numbers that clearly have investors excited. The story this month is much of the same… up, up, and up. Listener hours for December were up 13% to 1.58 billion, total U.S. radio listening jumped from… → Read More
Just six short months after Pandora announced their new 40 hour per month cap on free mobile listening, the company has done an about-face and dropped the limit. The change, which previously affected 4% of Pandora’s users, is said to be made possible thanks to the rapid progress… → Read More
The audio entertainment space is indeed getting interesting. Aha by HARMAN™ today announced that the new 2014 Mazda3, to be launched in North America and Europe this fall, will offer access to Aha’s free service with the ability to select presets from more than 40,000 stations. Bluetooth connectivity… → Read More
Aha Radio has announced that it has added some compelling CBS content to its already robust line-up and in addition will open up its platform to ALL services. The CBS move will include staples such as The CBS Evening News, 60 Minutes, Face the Nation, and The Entertainment Report. The open platform… → Read More
Steaming music company Pandora released some interesting numbers today and apparently the street is eating it up with the stock moving up as much as 21% in after hours trading. Pandora announced 4Q13 total revenue of $125.1 million, a 54% year-over-year increase — advertising revenue of $109.0 million,… → Read More
In an under the radar blog post today, Pandora gently massaged their users with a new 40 hour per month limit on free mobile listening. The new limit is said to affect less than 4% of their total monthly listeners. As we recently noted, the average listener is… → Read More
The music streaming service Slacker has just taken its sleek new user interface and joined the ranks of iHeartRadio, Last.fm, and Rhapsody on the popular XBOX 360 gaming console. Fans of the music streaming service can now listen to their music just about anywhere with apps on Kindle,… → Read More
Spotify announced today that they have partnered with Ford Motor Co in a deal that will bring their music streaming service to all Ford models with SYNC AppLink. This will give the current 20 million active Spotify users voice activated access to their over 20 million song catalog…. → Read More
Heavy hitters like Google breaking into the streaming music arena has always been a concern for companies trying to make it in that tough business, and now it seems as though that often discussed hypothetical is about to come true. The Financial Times is reporting that Google is… → Read More
Business news 2021Help with Top 300 countdownsProblem adding Sirius XM streaming-gift cardShould I throw this old Sirius Starmate 3 out?Too much Wynton Marsalis on 67 Real Jazz
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