File transfer service WeTransfer has issued a statement following a report by Bloomberg last week that it plans to launch a streaming service in the near future. This is true, it said, though it is not aiming to go head to head with the likes of Spotify and SoundCloud, as was claimed (at least in part by one of the company’s own reps) in the Bloomberg article.
Pandora announced Monday is will acquire "several key assets" from on-demand streaming service Rdio, allowing the company to expand beyond its roots as an Internet radio company and facilitate international expansion. The deal will cost Pandora $75 million is contingent on Rdio filing for bankruptcy protection.
A couple of months ago, MBW noted that Universal Music Group’s global recorded music operation had reached a historic moment, with digital income overtaking physical and licensing revenues combined. Now the world’s biggest record company has reached yet another major milestone, as streaming finally pulls more cash into its business than digital downloads worldwide.
On a sunny October morning in Los Angeles, a few hundred YouTube staffers, video personalities and media types are gathered at the company’s massive 41,000-square-foot West Coast outpost, which, in a simpler age, served as Howard Hughes Airport. The indulgent trappings of a web 3.0 business are all here: free campus bikes, arcade games, photo booth and a massive 36-screen monitor by which YouTube will introduce its newest product, YouTube Red.
The week of October 19 is the week digital music met its future. Long dominated by early entrants and standalone companies, the music subscription market was rocked by the world's two largest technology companies, Apple and Google.
SoundCloud was launched eight years ago as a way for musicians to post tracks online and be heard, and has since grown into one of the biggest, most-loved streaming services. But now it faces a battle for its soul …
Short form video is accelerating at a rapid pace, racking up 4.2 trillion views in the first half 2015. While challengers Facebook, Snapchat and others now account for just over half of that total, few platforms of scale yet provide ...
The outstanding success of Adele’s single ‘Hello’ has stoked up the already eager debate around whether Adele’s forthcoming ‘25’ album is going to be a success. Indeed some are asking whether it is going to ‘save the industry’. One of the aspects ...
A year ago, Amazon was being watched very carefully. The company had released a widely panned, now-discontinued smartphone, causing a stock tumble despite having moved into producing innovative original programming like Transparent. A year later, and one glowing earnings release later, and Jeff Bezos is the third-richest person in the U.S., with its stock ballooning by $40 per share today (no word on whether Bezos will be giving a third of his away). Investors are, to say the least, bullish on ...
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