Maffei confirmed to investors that, should Liberty eventually swoop for a streaming music service like Pandora, he would look to fold it into the operation of Sirius XM, rather than holding it separate.
But the exec also made it very clear he was no great believer in the business model of Spotify and other standalone music rivals – while warning of the effect Amazon Prime was set to have on the streaming audio market.
“In what we consider the stream [music] subscription space, you have several big players who are entering and are likely to further commoditize the market,” said Maffei (pictured).
“SPOTIFY DID SOMETHING LIKE $3.54 OF ARPU PER MONTH WITH 84% OF CONTENT COSTS… THAT SOUNDS LIKE A VERY HARD BUSINESS TO ME.”
After Tuma Basa, global programming head of hip-hop at Spotify, featured Lil Uzi Vert prominently on Rap Caviar -- the service's second-most-subscribed playlist, with more than 4 million followers -- the rising Philadelphia rapper's music soon jumped from an average of 442,000 Spotify streams per day to more than 1 million.
Paris-based global digital music company Believe Digital has acquired the assets of French indie label Naive, adding to its fold a significant jazz and classical catalogue as well as some contemporary acts such as Jeanne Added, M83 and Benjamin Biolay.
Via Yvan Boudillet, Vincent Castaignet
Le site de vidéos détenu par Universal Music et Sony a fait appel à la banque d’affaires Goldman Sachs pour lever entre 300 et 500 millions de dollars. L’objectif : prendre son indépendance vis-à-vis de YouTube, accusé de ne pas lutter assez efficacement contre le contenu piraté et de ne pas assez rémunérer les artistes et les labels.
Contrairement à ce que l’on pourrait penser, la musique triste aurait un effet positif sur notre humeur, comme le démontre une étude publiée récemment par les chercheurs Liila Taruffi et Stefan Koelsch de la Freie Universität de Berlin.
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