Radio once occupied a central space in American homes and created a shared listening experience. Mobile devices and the rise of personalized listening changed that dynamic. The voice-first devices like Amazon Echo and Google Home are bringing audio back into shared spaces again. A 2016 survey by Experian revealed that over 80% of Amazon Echo owners had used the devices to play music, 66% to access the news, 41% to connect to a music service and 36% to hear the traffic. These are all traditional radio use cases. The question has been what can radio do to become relevant in an interactive voice and audio model.
SoundCloud is fucked. On Thursday, the streaming music service mostly known as a place to hear podcasts and remixes from unknown DJs confirmed that it had taken $70 million in debt funding—basically a loan from various investors—in order to stay in business.
PPL and PRS for Music have piloted a first-of-its-kind initiative to link each other’s data sets, jointly creating a prototype search tool to improve identification of sound recordings and musical works and the links between them.
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New year, new milestone. Music streaming service Spotify announced proudly on March 2 that it now has 50 million paying subscribers—more than double the latest figure boasted by Apple Music, its closest competitor, and representing a 25% increase over Spotify's own numbers from six months ago. https://www.theatlas.com/charts/B1Fh-4P9x Business booms for the nine-year-old company. Spotify hit 20 million paying subscribers in June 2015, 30 million i
Via Christophe Peckeu
UK music services provider 7digital today announced the acquisition of longstanding competitor 24-7 from German retail giant MediaMarktSaturn (MMS). 24-7 is one of the longest standing companies in the entire digital music space, founded in 2000 (MMS took a majority holding in 2009). In a marketplace where the average life span of a digital music…
AMAZON is an extraordinary company. The former bookseller accounts for more than half of every new dollar spent online in America. It is the world’s leading provider of cloud computing. This year Amazon will probably spend twice as much on television as HBO, a cable channel.
Deezer has changed the course of its creative, signalling a shift in tone and maturity for the business, but it's not quite done yet - the challenger brand also wants to build a super personalised service to bring its vision of “streaming 2.0” to life.
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