SoundCloud
Twitter may try to buy its way out of its growth problem by making another move into music. The company is considering a deal to acquire SoundCloud, the music and audio-sharing company, according to people familiar with both companies. Berlin-based SoundCloud is a free service that lets users upload and share audio files around the Continue Reading →
Shazam
Shazam Entertainment, the music-identification app, landed small investments from the world’s biggest record companies, according to people familiar with the matter. Warner Music Group owner Access Industries – the holding company of billionaire Len Blavatnik – along with Vivendi’s Universal Music Group and Sony Music Entertainment, are each taking $3 million stakes in Shazam, these Continue Reading →
Xbox Music
Microsoft already has an online file-storage service, OneDrive, and its own streaming music platform, Xbox Music, and the company appears to be combining the two to create a music locker in the cloud. LiveSino has discovered references to a OneDrive Music folder in source code files from Microsoft’s cloud-storage site. The files describe the new Continue Reading →
Apple and Beats
Apple is set to make the biggest purchase in its history: A $3 billion-plus deal for Beats, the company that sells high-end headphones and recently launched a streaming music service. The deal, first reported by the Financial Times, isn’t closed yet, according to people familiar with the transaction. But let’s assume it is going to Continue Reading →
Apple and Beats
According to the Financial Times, Apple is closing in on an acquisition of Beats, the headphone manufacturer turned streaming music service. The $3.2 billion deal would give Apple control over a powerful brand, but at the same time, it would be puzzling and uncharacteristic of Apple. The FT points out it would be Apple’s biggest Continue Reading →
Pandora
Pandora is testing a new native ad unit called ‘Promoted Stations‘ with 10 percent of the people who tune in to its Internet radio service. Currently in beta, these branded stations are auto-populated and then listed within the ‘Stations You Might Like’ section of the app. Initial partners for the new solution include Kleenex, Skechers, Continue Reading →
Rap Genius
Rap Genius, a popular website that compiles annotations of song lyrics, has reached a licensing agreement with music publishers after being accused of using the lyrics of thousands of songs without permission. The agreement announced Tuesday ends a standoff that began in November when the National Music Publishers Association, a trade group, singled out Rap Continue Reading →
Spotify and Sprint
Sprint has gathered the NY media on Tuesday to reveal a new smartphone in collaboration with HTC and Harman/Kardon, as well as a discount partnership with Spotify. Sprint unveiled a partnership with Spotify alongside a new service called Sprint Sound sessions, the carrier’s own portal to premium discounted live event, advanced music releases, and of Continue Reading →