Spotify today announced that it will acquire the industry’s leading music intelligence company, The Echo Nest. The acquisition supports Spotify’s strategy to grow global music consumption and overall revenue back to the music industry by building the best user experience and music discovery engine for millions of global fans.
This deal will allow Spotify to leverage The Echo Nest’s in depth musical understanding and tools for curation to drive music discovery for millions of users around the globe. The addition of The Echo Nest to Spotify will also strengthen Spotify’s ability to help brands and partners build amazing music experiences for their audiences.
Pandora said it will introduce a 40-hours-per-month limit on free mobile listening, as the Internet radio company looks to manage rising royalty costs. (Everyone should pay $36 a year for unlimited commercial free music.
A few folks have sent over variations on two different reports concerning the music industry, with some suggesting that this is "proof" that the recording industry's "war on piracy" has been effective on two fronts: increasing sales and reducing...
Google executives are concerned that Samsung's influence on Google's Android operating system is too strong, and the search giant is turning to its other Android partners in hopes of getting back some leverage on the South Korean conglomerate.
Technological utopians have been predicting for years that the internet will weaken the dominance of superstar artists in the music industry and enrich the teeming masses of smaller, niche creators.
But new research suggests that this “long tail” theory is wrong: superstars are capturing the vast majority of music revenues and their share is increasing – not decreasing – because of the rise of digital services like iTunes and Spotify.
Digital Music News Album Sales Sink to Their Lowest Levels Since 1991… Digital Music News The strangest part about this is that vinyl continues to explode; it's one of the brightest and most exciting aspects of the music industry today!
Digital Trends Samsung and Intel introduce open operating system Tizen Digital Trends Speaking of apps, though the Tizen Association won't disclose numbers, it said that, by launch, there will be thousands of apps ready for users to download.
Internet users who illegally share music, movies or TV shows online may soon get warning notices from their service providers that they are violating copyright law. Ignore the notices, and violators could face an Internet slow-down for 48 hours.