Issue #215: Spotify Coming After Apple With New Podcast Initiative; Sirius XM Is the Piper That Gets Paid in Digital Music

Spotify Is Coming After Apple With a New Podcast Initiative
Spotify Is Coming After Apple With a New Podcast Initiativewww.bloomberg.com

Spotify  is tiptoeing into new businesses again.

Sirius XM Is the Piper That Gets Paid in Digital Music
Sirius XM Is the Piper That Gets Paid in Digital Musicwww.bloomberg.com
Adept management positions the company to take on the next challenge.

Harry Styles, Streaming Lead Sony Music to Double-Digit Q1 Gains
Harry Styles, Streaming Lead Sony Music to Double-Digit Q1 Gainsvariety.com
Sony Music is riding high in its first fiscal quarter on a combination of streaming and Styles, as in One Direction member Harry’s debut.

The Raine Group In Talks to Take Stake in SoundCloud
The Raine Group In Talks to Take Stake in SoundCloudwww.billboard.com
The Raine Group is exploring an investment in SoundCloud that could help the struggling music service survive on its own, sources tell Billboard.

Neil Finn Announces New Album Recording Livestream
Neil Finn Announces New Album Recording Livestreamwww.jambase.com
Neil Finn will livestream the recording of a new album in a single session taking place next month.

Steve Rifkind’s Music Discovery Platform WAV Partners with The Orchard
Steve Rifkind’s Music Discovery Platform WAV Partners with The Orchardvariety.com
WAV, the Los Angeles-based music discovery app and artist platform, has partnered with The Orchard for digital and physical distribution.

SoundCrowd: Tokenizing & Collectivizing Soundcloud
SoundCrowd: Tokenizing & Collectivizing Soundcloudmedium.com
I’ve been thinking about this a lot since the recent, somewhat unsurprising, news of Soundcloud’s troubles. My intention is to put these thoughts out there, but also to run a temperature check on how…

Spotify IPO: How Does a Direct Listing Work?
Spotify IPO: How Does a Direct Listing Work?fortune.com
It would be the largest ever transaction of its kind.

NextRadio Launches iOS FM Radio Streaming App
NextRadio Launches iOS FM Radio Streaming Appplatformandstream.com
NextRadio, the app with the most FM radio stations, announced today the launch of an iOS version of its free app for iPhone mobile device users. NextRadio offers the most local radio FM stations available through a single app to Apple users for the first time.

BookMyShow Acquires nFusion To Bolster Music Streaming Service Jukebox
BookMyShow Acquires nFusion To Bolster Music Streaming Service Jukeboxinc42.com
The nFusion acquisition is the fourth deal BookMyShow has struck in 2017.

Pandora Added Just 150,000 Paid Subscribers in Q2 of 2017
Pandora Added Just 150,000 Paid Subscribers in Q2 of 2017variety.com
Pandora’s premium on-demand music service seems to have lost virtually all of its momentum just months after launching to the public in March.