Google Inc. has landed licensing deals with Sony Music Entertainment and Universal Music Group to introduce an on-demand music streaming service that would compete with Spotify, Rhapsody and others, according to executives knowledgeable with the contracts.
iTunes’ increasingly good quarterly sales demonstrates how the long-rumored Apple video and “iRadio” subscription services the company has over the years tried to bring to fruition could become significant revenue sources.
After weeks of teasing, endless itty-bitty leaks, and about a zillion radio plays of the one track they'd released so far the entireity, the entirety of Daft Punk's new Random Access Memories has just hit iTunes, days before the official release.
Amazon is developing a range of hardware products including an audio-only streaming device and a smartphone with 3D capabilities that does not require special glasses, according to a report in the Wall Street Journal. Thedevelopment of another smartphone and a set-top box for streaming video on televisions has already made the news. The Wall Street Journal's sources emphasized that some or all of these products may never be released.
Soundrop, a Spotify app that shares a big investor with Spotify, says it alone has the ability to scale listening rooms up so that thousands of people can listen to the same song together at the same time, using a secret sauce called Erlang — a hyper-efficient coding language developed by Ericsson for use on big telecom infrastructures (updated).
SoundCloud will open a New York office in the coming months and has hired a former Pandora employee to help build its presence in the city. Dan Gerber, formerly the National Director of Strategic Partnerships at Pandora, will help be SoundCloud's first New York-based hire and will focus on brand revenues.