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Lucas Shaw / Bloomberg:
Sources: Spotify is canceling original video series on the service, as well as shows it hasn't released, as the company rethinks its video strategy   —  New video chief at online music service wants fresh approach  —  Company looks to diversify revenue without added royalty costs
Oct 26, 2017, 3:25 PMIn context
Lucas Shaw / Bloomberg:
As it expands into TV, Apple is seeking family-friendly shows and avoiding edgy content, but some Hollywood insiders doubt the company has a clear strategy   —  A conservative corporation takes its first steps into a new industry.  —  Days before Apple Inc. planned to celebrate the release …
Oct 25, 2017, 11:40 AMIn context
Bloomberg:
Sources say launch of Verizon's new live online TV service, which is separate from Go90, is delayed until Spring 2018 at the earliest   —  Programming deals still in negotiation, strategy seen adrift  —  Online streaming TV is ‘absolutely critical,’ CEO said
Oct 20, 2017, 12:00 AMIn context
Bloomberg:
Sources: Apple secures deal for songs from Warner Music Group, plans to pay labels smaller percentage than it did under first streaming deal   —  IPhone maker plans to pay record labels smaller percentage  —  Paid streaming service has revived music industry; sales up
Sep 6, 2017, 9:25 PMIn context
Bloomberg:
Sources: Facebook offers labels “hundreds of millions of dollars” to cover infringing music in user-uploaded videos, as it improves copyright flagging tech   —  Would allow users to legally include songs in uploaded videos  —  Social network is challenging YouTube as hub for video on web
Sep 5, 2017, 3:15 PMIn context
Lucas Shaw / Bloomberg:
Spotify's head of original video and podcasting, Tom Calderone, is leaving as firm rethinks its video strategy, tying it more closely to music   —  Streaming company says videos will focus around music  —  Spotify Ltd. is parting ways with Tom Calderone, the head of original video and podcasts …
Aug 31, 2017, 5:30 PMIn context
Lucas Shaw / Bloomberg:
Sources: Spotify's plan to skip a traditional IPO and list directly on NYSE draws scrutiny from the SEC, as NYSE's direct listing rule-change is still pending   —  Direct-listing plan is said to draw scrutiny from regulators  —  New York Stock Exchange rule-change proposal still pending
Aug 21, 2017, 1:04 PMIn context
Bloomberg:
Online radio company TuneIn raises $50M in round led by Marker LLC, IVP, and Comcast Ventures; the deal values TuneIn at $500M, a source says   —  Funding round is led by Marker, IVP and Comcast Ventures  —  Latest deal is said to value company at about $500 million
Aug 11, 2017, 9:20 PMIn context
Lucas Shaw / Bloomberg:
Sources: SoundCloud to sell stakes to Raine Group, a boutique bank, and Temasek, Singapore's state investment firm, by end of this week   —  SoundCloud Ltd. is close to selling stakes to the Raine Group and Temasek Holdings, deals that would help stabilize the owner of the popular music-streaming service …
Aug 1, 2017, 9:45 PMIn context
Lucas Shaw / Bloomberg:
Sources: Spotify to double down on original content and fund a new batch of podcasts in coming months, as it promotes shows from established producers   —  Streaming company promotes shows from established producers  —  Top music site tries to diversify offerings beyond songs
Jul 31, 2017, 6:35 PMIn context

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