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Pandora Just Shared User Stat No Streamer Ever Has
Source:
HypeBot
As part of its quarterly report to investors yesterday, Pandora, shared a stat that no other music streamer has ever dared to share: the number of new paid subscribers not including current free trials. Competitors Spotify and Apple Music have a history of discounts and special promotions prior to announcing their user stats. Yesterday, Pandora reported a 63% increase in subscription revenue from 5.48 million subscribers. That's an increase of 25% year over year, but just 290,000 in the last ...
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Universal Music Is Raking In $18 Million A Day
Source:
HypeBot
The music industry is generally regarded to be in much better shape than it was even a year ago, and Universal Music showing further evidence to suggest a business on the mend with a reported income stream of close to $18 million daily in 2017, an 11% increase from the previous year. Guest post by Bobby Owsinski of Music 3.0 The recorded music business is definitely feeling better these days as all the major labels have reported big increases in ...
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MediaCreek Acquires Live365, EmpireStreaming, Adds Execs
Source:
HypeBot
Net broadcasting platform Live365, and EmpireStreaming, an audio-centric CDN and services company, announced today that both are now part of Media Creek, Inc., a newly-formed Delaware holding company of audio-centric companies. As part of the acquisitions, Media Creek recently added to its leadership team. Digital Audio industry vets Rockie Thomas and Sean Lozensky, both formerly with AdsWizz join Jon Stephenson as Media Creek partners and co-founders. Thomas will lead business and revenue efforts as Chief Revenue Officer, Lozensky will lead ...
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Amazon Hires Wx-WBR Prez Dan McCarroll, Signals Move Into Original Music Programming
Source:
HypeBot
Dan McCarroll, the former President and head of A&R at Warner Bros. Records, has been named Amazon Music's global head of originals and artist relations. He will work as a liaison to artists, managers and labels to “elevate" releases through original programming on the platform. “As we continue to work closely with labels and artists to deliver music in new ways, Dan is bringing decades of experience both as a former musician, and a respected industry executive to our team," ...
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FCC Chief Boss Investigated Agency For Being Cozy With Industry He Regulates
Source:
HypeBot
Controversial FCC chief Ajit Pai has drawn fire from the music and tech industry for leading the charge to dismantle net neutrality. Now Pai is facing the biggest threat to his short rein yet with news that the FCC has launched an internal investigation into his “too close" relationship with the media and other companies he's supposed to be regulating. By Karl Bode of Techdirt If you watched FCC boss Ajit Pai's rushed repeal of net neutrality there really shouldn't ...
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Discog Sold 10 Million Units In 2017, Names New CEO
Source:
HypeBot
Sales on the Discogs Marketplace rose 20% to top 10 million units in 2017. Vinyl sales grew 18% to 8 million, the user-built music database and online a catalog announced today. Key sales trends for the year include: Cassettes were the format showing the most substantial growth at 29.54% CDs were not far behind, up 28.39% Indie music marketplace Bandcamp showed similar increases in physical goods sales, and the trend should accelerate online as brick and mortar retailers like Best Buy and others abandon ...
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Trump's FCC Pats Itself On Back For Historically Stupid Year
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HypeBot
As anyone vaguely aware of industry news over the past year has no doubt noticed, Trump's FCC, led by Ajit Pai, hasn't been particularly beneficial to either the internet or the average consumers. I has, however, helped to sooth frightened media monopolies. Guest post by Karl Bode from Techdirt If you've been playing along at home, Trump's FCC hasn't been particularly kind to consumers, competition, or the health of the internet. It has, however, been a massive boon to major ISPs terrified ...
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Google Restricts Ticket Resellers
Source:
HypeBot
Responding to demands from consumer groups and primary ticketers, like Ticketmaster, Google has vowed to provide a “better and safer” platform for users after its new global transparency regulations on ticket resellers came into force. But some believe that the tech giant is not going far enough to end ticketing fraud and deception. Google announced in November last year that it was updating its policy so that ticket resellers will need to be certified by Google before they can advertise ...
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