Music Industry Has Upper Hand As Spotify Faces Soaring Interest Rates, Stock Discounts
Last year when Spotify took on $1 billion in debt, we reported that it did so under terms that forced rate increases if it failed to IPO. Now, those terms. Continue reading
TuneGO Raises $3.6 Million To Connect Musicians With The Industry
TuneGO has raised $3.6 million in Series A financing. This is not the first startup promising to connect unknown talent with the music industry's star making machine; and it won't. Continue reading
Social Music Company BandLab Buys Major Stake In Rolling Stone
Even as streaming has helped the music industry right itself, rock journalism is still undergoing major upheaval. In the latest chapter, a Singapore-based social music company acquired a substantial stake. Continue reading
Pandora Hopes To Announce New $5, $10 Per Month Music Services Tomorrow [UPDATED]
[UPDATE 2] It's no secret that Pandora is about to launch a Spotify like on-demand streaming music service. Exactly what form it will take and how it will differentiate from the. Continue reading
Spotify IPO Watch: Blame ≠ Profit
Although Spotify, like so many streaming companies, blames its lack of substantial profit on its requisite payment of such high royalty rates, the company's woes may in fact stem from a flawed. Continue reading
What In The World Happened At CÜR?
In this recent piece, Cortney Harding investigates what happened to CÜR, a music startup designed to offer streaming and internet radio at a lower rate than its competitors, but which seems to have. Continue reading
Pandora Nears Launch Of On Demand Streaming Service, Overseas Expansion
Pandora could launch their promised on demand streaming music service as early as next month, according to multiple sources. But with Apple, Spotify, Tidal, Rhapsody, Slacker, Soundcloud, Deezer and others fighting for. Continue reading
Windish, Tmwrk, Mtheory, AGI Launch $250M Music Investment Fund With Eye On SFX, Developing Artists
The Unison Fund: What happens when a music booking agency, artist management firm and music industry consultancy join forces with an investment group and raise $250 million to fund developing artists,. Continue reading
Pandora Falls 11.5% Thursday After Music Streamer Announces Plan To Borrow $300 Million
[UPDATE 2] Pandora stock fell 11.5% Thursday, ending the day at $12.63 per share. The tumble began on news that the music streamer was borrowing an unexpected $300 million. In. Continue reading
Users Of Music, From Tech Giants To Fans, Require Greater Incentive To Fix A Broken Market [Op-Ed]
Even as massive companies like Amazon and Spotify seek to profit off of artists, their failure to properly compensate said artists with the amount they are morally and legally owed. Continue reading
