Spotify announced in March the acquisition of The Echo Nest, the industry’s leading music intelligence company. The deal signals the rising importance of big data in the music industry. Founded by MIT Media Lab doctoral students Tristan Jehan and Brian Whitman, The Echo Nest provided intelligence to some of the world’s leading music services including Clear Channel’s iHeart radio, Rdio, SiriusXM, and social media networks such as Foursquare, MTV, Twitter, and Yahoo. This might change as the company moves away from being an open source platform, useful to ...
YouTube might be "the devil" to Garth Brooks, but in another's eyes, it's a great source of music discovery. In fact, a new study being released by the Country Music Association suggests that adults 18-plus are far more likely to buy music after being exposed to it on YouTube, Spotify and other streaming services than listeners who hear a song for the first time on AM/FM radio.
The price of digital music has been the same for a very long time. No, I’m not talking about 99 cents per track from Apple’s iTunes; I’m talking about $10/month for subscription on-demand music from the likes of Spotify, Rhapsody, Google, Rdio, and Apple’s Beats Music. Now Apple wants to ...
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