Apple has just confirmed plans to purchase Beats Electronics for $3 billion. The acquisition ranks as the largest that Apple has ever made and will see it take ownership of an enormously successful and profitable line of consumer headphones as well as a burgeoning subscription music service. Beats co-founders Jimmy Iovine and Dr. Dre will also join Apple as part of the acquisition, which it will pay for with $2.6 billion in cash and $400 million in stock.
The finalists for Midemlab 2014 have been announced.
The international competition sees start-ups and app developers pitch ideas designed to drive the music industry forwards.
Presented by Pepsi and Vivendi, the 2014 Midemlab finalists – chosen by UK digital consulting company Music Ally and French specialist open innovation consultancy, bluenove – will present their business models to an international jury of leading entertainment executives, venture capitalists, entrepreneurs and incubators.
Facebook Strategic Partnerships manager Ime Archibong handed out social networking tips for musicians and music companies, while Twitter #Music's Stephen Phillips pleaded for patience from the industry at the opening of the SF Musictech Summit XIII at San Francisco's Hotel Kabuki on Tuesday.
Archibong started the twice-a-year gathering of more than a thousand technologists, dealmakers and musicians by pointing music app developers to Facebook's new acquisition, Parse, which is a service that runs apps across multiple platforms. Facebook purchased the "mobile-backend-as-a-service" startup in April for a rumored $85 million, Techcrunch reported.
"If you are an early developer I'd actually say go look at the Parse ecosystem and the tools and the services they provide. It gives you a way of looking at the backend and everything you use to scale out across the platform to mobile apps instead of just focusing in on the user experience, the UI, the fun parts," Archibong said.
Billed as "your social news magazine", the Flipboard app has been used by more than 50m people since its launch in July 2010. Now it wants lots of them to start curating their own digital mags for other people to read, in its Flipboard 2.0 update.
Information is changing the music industry; not only in the ways we consume and discover music, but as well in the ways companies are arming themselves for competition.
Streaming services see gold in the figures that fuel recommendation algorithms, and now content companies, driven too by the alluring growth of digital tech, are proudly announcing their latest partnerships with leading software-as-a-service companies and the terabytes of social data multiplying on their servers.
The future of music discovery—and potentially, of artist development—is now in the numbers.
Warner Music Group and Shazam have formed a strategic alliance to discover new acts and sign them to a Shazam branded label. The Shazam label imprint will identify unsigned artists by combining traditional A&R with with the music ID app's massive fan activity data. The partnership will also market existing WMG artists. Shazam has proven to be one of the few music apps that drive significant music purchases. During the 2014 Grammys, Shazam messaged 10 million app users to tune in for exclusive content. Those users Shazamed the awards show more than 1 million times, with 54,000 purchasing music...
Whyd, the French startup that lets you curate your favourite music tracks from YouTube, Vimeo, Soundcloud, Dailymotion and various MP3 blogs, and connect with likeminded tastemakers, is ditching its invite-wall today to open fully to the public.
TechCentral Spotify's mobile users skyrocket since free streaming launch CNET It's been one week since Spotify announced it would allow anyone on an iOS or Android tablet or smartphone to use its music streaming app free of charge.
Digital on-demand music streaming service Rdio has updated its iOS app to feature song stations, which allows you to start a station based on any song and then automatically churns up other songs from that artist and from related artists.
By Bill Wilson, Vice President of Digital Strategy and Business Development at NARM and digitalmusic.org.
Metadata. It’s a jargon-y word that probably turns a lot of artists off at the mere mention of it. It’s also one of the main things standing between them and a variety of new opportunities to make money. And those new opportunities are becoming increasingly important for cash-strapped musicians.
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