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Pandora Nails Down $35 Million in Funding
Source:
PC Magazine
Days after securing a deal for royalty rates, Internet radio station Pandora has also locked up venture capitalist funding rumored to be in the neighborhood of $35 million. Pandora recently closed a round of financing" with Greylock Partners, a Silicon Valley venture capitalist firm, a Pandora spokeswoman wrote in an e-mail. Pandora declined to comment on the amount of valuation of the deal, but it is reportedly about $35 million, according to PE Hub. We are honored that David Sze ...
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JazzWeek Radio Chart: July 6, 2009
Source:
All About Jazz
TW LW 2W Artist TW LW Move Add Rpts Peak Wks 1 1 38 Kurt Elling Dedicated To You (Concord) 224 211 +13 4 52 1 3 2 2 9 David ‘Fathead’ Newman The Blessing (HighNote) 200 194 +6 5 57 2 4 3 5 11 Christian McBride & Inside Straight Kind Of Brown (Mack Avenue) 195 176 +19 6 53 3 4 4 7 40 Joe Locke & David Hazeltine Mutual Admiration Society 2 (Sharp Nine) 193 173 +20 ...
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The Jazz Session #66: Miles Okazaki
Source:
All About Jazz
Listen Guitarist and composer Miles Okazaki talks about his album Generations (Sunnyside, 2009). The album finds Okazaki mining some of the same territory from his debut record, Mirrors, but this time with a focus on in-depth exploration and group improvisation. Featuring standout work from saxophonists Miguel Zenon, David Binney, and Christof Knoche; along with vocalist Jen Shyu, drummer Dan Weiss, and bassist Jon Flaugher. In this interview, Okazaki talks about the philosophy behind the album, and why the music also ...
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Pandora, Other Webcasters Reach Royalty Deal
Source:
HypeBot
After two year of wrangling, pure-play webcasters" (those who do not also broadcast over the air or are part of large corporations) have reached a settlement for royalty payments to SoundExchange. Online broadcasters like Pandora, AccuRadio, Digitally Imported and Radioio are all included in the agreement.
On his RAIN blog, one of the chief industry negotiators, Kurt Hanson of AccuRadio wrote:
This agreement has three main benefits for those who choose to elect it:
(1) It cuts the CRB per-performance ...Continue Reading...
Internet Radio Reaches Deal on Royalty Rates
Source:
PC Magazine
After two years of debate, Internet radio stations have finally reached a deal with copyright holders regarding royalty rates. The price of the deal, however, will force Web radio station Pandora to limit the amount of free listening available each month, according to founder Tim Westergren. The royalty crisis is over," Westergren said in a blog post. This ensures that Pandora will continue streaming music for many years to come." The revised royalty rates, however, are quite high" and will ...
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Pandora Limits Users to 40 Hours Per Month
Source:
HypeBot
Webcasters reached a settlement with SoundExchange that saw rates rise, but not to the stratospheric levels feared. Most involved praised the agreement; Pandora among them. To help absorb the higher costs, Pandora will cap listeners at 40 a month unless they pay 99 cents to unlock the service for the remainder of the month. From their blog:
The revised royalties are quite high - higher in fact than any other form of radio. As a consequence, we will have to ...Continue Reading...
New Podcast! - Stage Door Johnny: John Miller Takes On Broadway
Source:
Boss Sounds
Celebrate John Millers's breakout debut CD STAGE DOOR JOHNNY" with this podcast series including fascinating insights into his influences and his role in shaping the sound of the Great White Way for the last thirty years. LISTEN HERE Stage Door Johnny: John Miller Takes on Broadway" is a witty and unconventional take on the Broadway songbook from New York's top bassist and music coordinator for nearly 100 Broadway and Off-Broadway musicals.
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New Internet Jazz Radio Station Exclusively Plays 12-Bar Blues Tunes
Source:
All About Jazz
AccuJazz Internet Radio continues its weekly roll-out of creatively programmed jazz channels today with the launch of Nothin' But the Blues," a streaming channel playing hundreds of jazz versions of the classic 12-bar blues. The channel is completely free to use and available 24 hours a day. As cutting edge jazz pianist Jason Moran noted with the title of his 2005 album Same Mother," jazz and blues are two branches on the same family tree. Never ones to deny their ...
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