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Glenn Peoples / Billboard:
Pandora Q2 sales grow 30% YoY to $285.6M, local ads up 67% to $58.9M, mobile now 80.4% of revenue, listener growth only 3.9% YoY   —  Pandora Revenue Grows 30 Percent, Listener Growth Slows  —  The online radio company's royalty burden improved to 45.6 percent of revenue in the second quarter.
Jul 24, 2015, 12:05 PMIn context
Billboard:
Apple Music signs thousands of independent labels after changing royalty structure during trial period   —  Apple Music Signs Beggars Group, Merlin: Sources  —  Beggars comprises the imprints 4AD, XL, Matador and Rough Trade and has had a hand in the careers of Adele, Radiohead and Arcade Fire …
Jun 24, 2015, 9:30 AMIn context
Andrew Hampp / Billboard:
Source: Sony removes music by Adele, Hozier, Kelly Clarkson, and others from SoundCloud due to “lack of monetization opportunities”   —  Sony Pulls Hozier, Adele, Miguel, Others From SoundCloud In Licensing Impasse  —  Sony Music has removed original recordings from the SoundCloud pages …
May 7, 2015, 5:15 PMIn context
Glenn Peoples / Billboard:
Sources: Apple backs down in effort to offer $7.99/month rate for its upcoming subscription music service as labels reject pricing below $9.99/month   —  Fight Between Apple and Spotify Could Change Digital Music; Labels Said to Reject Pricing Below $9.99  —  A renewed focus on the value …
Mar 9, 2015, 5:50 PMIn context
Marc Schneider / Billboard:
Neil Young Readies Pono Store, Says Partnerships With Lincoln, Tesla in Works   —  Neil Young speaks about ‘Pono’, his new audio system being financed through Kickstarter at the Austin Convention Center during South By Southest on March 11, 2014 in Austin, Texas.  —  Gary Miller/FilmMagic
Oct 16, 2014, 6:30 PMIn context
Glenn Peoples / Billboard:
Rdio parent Pulser Media sold $108M worth of equity, warrants or options in cash and non-cash transactions over the last 13 months   —  Rdio Gets $108 Million in Equity Over 2 Years According to New Filings  —  Pulser Media, the parent company of Rdio, sold equity, warrants or options worth $108 million …
Oct 12, 2014, 2:05 PMIn context
Billboard:
Apple's Eddy Cue says U2's free “Songs of Innocence” had 26M complete downloads since September 9   —  The Download Heard 'Round the World: iTunes Numbers Show 81 Million ‘Experienced’ U2 Album
Oct 9, 2014, 6:50 PMIn context
Colin Stutz / Billboard:
Spotify & BandPage Team to Put Merch RIght In Front of Fans, Optimize It for Artists   —  Music fans look at the merchandise booths at a concert at Hyde Park in London, England.
Aug 13, 2014, 12:05 PMIn context
Andrew Flanagan / Billboard:
Source says no immediate layoffs at Beats, but a large number of positions could be eliminated in the next 3 to 12 months   —  Beats and Apple Dispute Reports of Layoffs  —  Apple and a source close to Beats are disputing the characterization in recent reports that a significant round …
Aug 1, 2014, 8:50 PMIn context
Billboard:
Shazam Partners With Rdio to Stream Full Songs Inside App   —  Good news for music fans who love Shazam but hate having to jump ship to hear complete tracks.  The popular music discovery app has released an update to its iOS version that allows users who Shazam a tune to go “beyond the preview” with full song playback.
Jul 14, 2014, 6:15 PMIn context

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