Issue 508: Tech is Overtaking the Music Industry; IDAGIO Launches in North America

SiriusXM Buys Pandora; Sign That Tech Is Overtaking Music Industry
SiriusXM Buys Pandora; Sign That Tech Is Overtaking Music Industrywww.theringer.com
The satellite radio company’s purchase of the online streaming service could further loosen the grip of record labels as music industry gatekeepers

IDAGIO launches in North America
IDAGIO launches in North Americaplatformandstream.wordpress.com

​IDAGIO is now available in North America. To support the launch and further internationalisation, the Berlin based streaming service successfully secured an internal funding round of EUR 10 million with existing investors.

Apple's purchase of Shazam is $400 million well spent
Apple's purchase of Shazam is $400 million well spentfinance.yahoo.com

At the tail-end of 2017, Apple announced that it was buying music discovery service Shazam for $400 million.

Spotify Teams Up With Ancestry to create DNA-curated Playlists
Spotify Teams Up With Ancestry to create DNA-curated Playlistswww.complex.com
Spotify and Ancestry are joining forces to create playlists based on your DNA.

Why Music Is Not Ready For The Leap Into VR
Why Music Is Not Ready For The Leap Into VRwww.synchtank.com
Despite slow adoption and declining hardware sales, key players in the VR space remain optimistic about the technology’s potential. So why hasn’t the music industry seen any financial benefit yet?

9 Independent Latin American Radio Stations You Need To Be Listening To
9 Independent Latin American Radio Stations You Need To Be Listening Toremezcla.com
Tune in to these radio stations to connect, to get smarter, to find fresh new music, and to get a glimpse of life in different corners of Latin America.

Symphonic Signs Distribution and Marketing Agreement with Rat City
Symphonic Signs Distribution and Marketing Agreement with Rat Cityblog.symphonicdistribution.com

Deal includes 3 singles including Kind of Love and Naked with My Headphones On.

Report: Spotify Australia won’t be a record label
Report: Spotify Australia won’t be a record label themusicnetwork.com

Major recording companies have been alarmed since June when it was reported that Spotify overseas is allegedly offering advances of up to several hundred thousand dollars, and appealing business terms, to independent artists in hopes of convincing them to license their music directly.

Can Radio Have Its Cake & Eat It, Too?
Can Radio Have Its Cake & Eat It, Too?jacobsmedia.com
8 ways radio broadcasters can rethink their sales strategies to provide both branding and direct response for advertisers.

50% Active Spotify Free Users Convert To Paid says Spotify CFO Barry McCarthy
50% Active Spotify Free Users Convert To Paid says Spotify CFO Barry McCarthywww.hypebot.com

Half the users of Spotify’s free ad supported tier convert to Premium paid users, if they stay engaged, Barry McCarthy, Spotify Chief Financial Officer said in an interview at the Goldman Sachs 27th Annual Communacopia Conference.

Filed under: Blog, Music, Streaming

About the Author

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Jeff loves music. He also loves band t-shirts, which has become something of an obsession. There's a vintage Roxy Music t-shirt on eBay for $299 he is absolutely going to get when he starts making the big bucks.