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Streaming Will Soon Be More Profitable Than Sales

December 30, 2013

Swedish superstar, Avicii, makes more money from streaming than download and CD sales combined “Data reviewed by The Wall Street Journal showed that one major record company makes more per year, on average... Read More...

The Latest: Beatport Sold, An IFPI Fairy Tale, P2P Stats, Moving Muve, UMG, Glassnote…

Paul Resnikoff

February 26, 2013

What's transpired over the last 24; stay tuned for ongoing developments. Great execution, perfect timing. And with that, Beatport has sold the farm for $50 million to SFX Entertainment. SFX, headed by Rob... Read More...

What Else? Google vs. Spotify, Lohan vs. Pitbull, Kanye vs. et. al., RIP Magic Slim, 7digital, AEG, Ticketfly, Beck, Sonos, Post-SF…

Paul Resnikoff

February 22, 2013

What's transpired over the last 48 or so... This is where that 'two Googles' thing becomes a problem. According to a report surfacing in the Financial Times, Google now wants to create a streaming servi... Read More...

What Else? Deezer Stalls, SoundExchange, MOG, Maestro, Tenenbaum, Triplay, Jivox, Lana Del Rey

Paul Resnikoff

August 23, 2012

Unlimited on-demand music service Deezer appears to be stalling. The France-based company, which saw success by bundling its service with telecom operator Orange in 2010, has hit a rut despite ambitious plans ... Read More...

Good Morning! Clear Channel, Live Nation, Marimba-Gate, AEG, Wikipedia, Beats, Monster, Spotify, Grooveshark, Coachella, Ultra, EMI, LMFAO

Paul Resnikoff

January 15, 2012

* Its charter goes beyond "just our transmitters and towers," according to CEO John Hogan. And with that, Clear Channel Radio has symbolically rebranded itself as 'Clear Channel Media & Entertainment'. ... Read More...

Spotify Now Surpassing 2 Million Paying Subscribers

Paul Resnikoff

September 21, 2011

The top-level figure was shared with Digital Music News on Wednesday by a Spotify executive, and later announced by CEO Daniel Ek. Specifically, Ek referenced a figure of "over 2 million" on CNBC, a global (... Read More...

INgrooves Responds: Ours Is Less Lopsided, Thank You

Paul Resnikoff

March 25, 2011

Just three providers account for 94.4 percent of global indie revenues, according to AIM. But INgrooves says its percentages are far less lopsided. Specifically, the top three - iTunes, Spotify, and Amazon ... Read More...

Breaking: EMI Renews Pink Floyd Contract

Paul Resnikoff

January 3, 2011

EMI Music has just re-inked a multi-year contract with Pink Floyd, according to preliminary details shared with Digital Music News early this morning. The refreshed contract is understood to span five years,... Read More...

Slacker Officially Announces Service, Unveils Major Label Deals

Alexandra Osorio

March 14, 2007

Slacker, a recently-unveiled startup that aims to blend ubiquity with low-maintenance recommendations, officially announced their initiative at SXSW on Wednesday. As previously revealed, the concept combines... Read More...

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