"Major labels have made a commitment with SoundExchange to pay half of royalties from a statutory service in the event they have negotiated a direct deal. In other words, a major label with a direct deal with Pandora would still pay to... [[ This is a content summary only. Click on the titles for full stories... ]]
As music streaming has become more influential in music's accessibility, companies are starting to develop more products that incorporate music streaming. Apple has already reached a licensing agreement with Universal Music for their prospective streaming service iRadio product. However, according to MusicWeek , the five star company has yet to complete agreements with Sony and Warner. While a deal with Warner is closed to being struck, Apple is still in negotiations with Sony due, to what it seems, disagreements on royalties given per track stream. Apple initially offered labels 6 cents per every 100 tracks streamed. Yet to meet [...]
Pandora is the most popular, followed by iHeartRadio and Spotify.
Yesterday (in this article) we alluded to RIAA financial statements that revealed streaming revenue from sources like Pandora, Spotify, and YouTube (known as "access models") amounted to $1.0328 billion in 2012, accounting for 15% of... [[ This is a content summary only. Click on the titles for full stories... ]]
Durante la semana de la moda los diseñadores no sólo deben preocuparse por como las modelos salgan vestidas a la pasarela; la locación, el escenario y la música son puntos importantes a considerar para poder ofrecer un gran espectáculo. Seleccionar la música correcta puede crear un gran impacto en conjunto con la colección que se presenta, generando una atmósfera inolvidable para los espectadores. Es por eso que en Nueva York, Londres, Milan y París se escucharon bandas sonoras diferentes como [...]
Later this year, YouTube is set to release a new music streaming service to rival the likes of Spotify and Pandora. YouTube already behaves much like its two future competitors, with the exception of monthly subscription fees. The new service will introduce this strategy as a way to tap into ...
Pandora's longtime chairman slash CEO, Joseph Kennedy, is at his last days with the company until his replacement can been found. According to the company's press, the company's Board of Directors has formed a search committee to... [[ This is a content summary only. Click on the titles for full stories... ]]
Pandora have just released their financial perfomance figures for 2013 . Here's what they choose as the headlines: - Fiscal 2013 revenue of $427.1 million grew 56% year-over-year; 4Q13 total revenue of $125.1 million grew 54% year-over-year - 4Q13 total mobile revenue of $80.3 million grew 111% year-over-year, outpacing mobile listener hour growth, which grew 70% year-over year - Fiscal 2013 total mobile revenue of $255.9 million more than doubled and grew 105%, outpacing mobile listener hour growth, which grew 89% year-over year All that shouting about revenue can only mean one thing: they're not making profits. [...]
As many of you may know, the 2013 IFPI Digital Music Report was recently released (all 34 pages of it). In case you do not have time to kick your feet up and soak in the various statistics pouring throughout the report, I've put together a cheat sheet just for ...
That's right, our 'Introducing...' feature soldiers on and we couldn't be happier to showcase the best of guys from the south coast, Pandora . If music on the heavier side is your thing, check these out - not a fan of heavy music? Well check them out anyway, as Pandora aren't scared to experiment with electronics and crazy vocal techniques. [...]
As the music industry finds its footing, streaming services are constantly changing their service offerings to please their stakeholders. As they try and please users, they undoubtedly abandon the needs of labels and artists. And vice versa. With royalty costs increasing, Pandora is faced with the challenge of raising revenue. To do so, they are limited free streaming on mobile devices to 40 hours per month. Not too bad, but when you think about it, this is probably just the tip of the iceberg. Mobile is indeed making the change, but free and unlimited streaming remains possible on [...]
Music has always been the heart of the movie industry. Intimate parlor rooms, crazy fraternity parties, a grand coronation or a foggy road are all are enhanced by music that fits what the audience sees on screen and helps to tell the story. With the Oscars being presented on Sunday to wrap up this year's awards season, Pandora celebrates the music that makes our movies great with two genre stations: Film Scores and Movie Soundtracks . Let's take a look back at some of the memorable music that Hollywood has offered moviegoers over the years. [...]
The law of unintended consequences is far-reaching. It's easy to see how it applies to things like medication, the environment, and Prohibition, but it also applies to the advances in the computer... Continue reading "Streaming Services Like Spotify and Pandora are Destroying Music" >
It's February, and love is in the air... depending, of course, on your stance on Valentine's Day. But love it, hate it or plead indifference to the whole thing, February 14th provides us a good opportunity to reflect on why we adore the one we're with, long for the one we lost, despise the one that did us wrong or simply how much we love to indulge in chocolate and champagne until we're sick. At Pandora, we understand the intimate role that music plays in our love lives and so we're offering up a slew of stations recommendations to get [...]
Online music service Slacker has revamped and launched a $5.5 million ad campaign that takes direct aim at both media darling Spotify and net radio market leader Pandora . One spot feature's "Pandora's Box" and promotes Slacker's music library as 10 times larger. Another pokes fun of Spotify 's Facebook integration: "Do you really want everyone knowing what you're listening to?". More & Videos : Founded in 2006, Slacker [...]
There's no city like New Orleans, especially during Mardi Gras when the city show cases its unique culture, outstanding food and of course: music. If you can't make it to the Big Easy this year, we'll do our best to bring the French Quarter to you with a variety of authentic music options in the tradition of the holiday as well as our Mardi Gras-themed music and food pairings. Put on your purple, green and gold and enjoy a mix of traditional Dixieland jazz, Cajun & [...]
I spend a lot of my time evangelizing Pandora to many different audiences. I trumpet our listener growth, the revenue numbers, the impact we're having on artists, the inventions and innovations in product, the scale of our data and analytics, the intricacies of the Music Genome Project, the volume of our mobile listening and more. All these are a source of great pride, and they never fail to impress the audience. This really is a fun story to tell. I've been telling it for twelve years now, and I never get tired of it. But to this [...]
Even thought they are very different, Spotify and Pandora are often named together as the poster children of streaming music services. They get the most press and both appear to be scaling fastest in the all importnat U.S. market. How else to Spotify and Pandora compare? Take a look at this infographic prepared by online music licensing vendor The Music Bed : click on image to enlarge [...]
Waitangi Day ( wye - TANG - ee ) has been a public holiday in New Zealand since 1974 and commemorates the 1840 signing of the country's Treaty of Waitangi, considered to be New Zealand's founding document. The day was first officially recognized in 1934, and has since been celebrated every 6th of February. Official festivities, including Māori cultural performances, speeches and a naval salute, are held at the Waitangi Treaty Grounds in the Bay of Islands, often referred to as the birthplace of NZ. There is also a [...]
Pandora announced today that Michael Herring has joined the company as Chief Financial Officer. Herring comes to Pandora from a positions as VP of Operations at Adobe Systems. He's also done stints as EVP and CFO at Omniture. Pandora's current CFO, Steven Cakebread, had said in August that he would leave the company soon to consider “industry-changing opportunities.” Cakebread is known as one of a handful of serial CFOs who specialize in taking companies public and then don’t remain long after the initial public offering. In a statement announcing Herring's appointment, Pandora President [...]