March 25, 2014 |
For U.S. college students, a month of Spotify streaming now costs a little more than a large frappuccino. The Swedish digital music company, which launched in the United States in 2011, is offering college students its ad-free streaming service for $5 a month as it tries to get more young people to subscribe. The standard price for Spotify's so-called premium offering, which provides on-demand access to 20 million songs online via personal computers and mobile devices, is $10 a month.
March 10, 2014 |
Apple Inc. has begun pressuring the major record companies to offer new releases exclusively through its iTunes store - a move that would initially block availability on streaming services such as Spotify or Beats Music, according to several people familiar with the matter. Apple executives contend that on-demand music services have begun to cannibalize download sales, and its representatives are demanding the labels create a period reserved for digital purchasing. Music industry insiders, who spoke on condition of anonymity for fear of reprisals from the industry's dominant retailer, said Apple's push for a new release window - similar to the one that some Hollywood studios impose for films newly released for home viewing - shows the Cupertino, Calif., tech giant is scrambling to retain its competitive advantage in an evolving digital music market.
March 6, 2014 |
Spotify, the Swedish streaming music service, is buying The Echo Nest, a data company that has analyzed more than 35 million songs. With the acquisition, Spotify will improve the ways users discover new music, the company said Thursday. The move comes as Spotify, founded in 2008, faces increasing competition from rivals such as the heavily promoted Beats Music, launched in January by headphone company Beats Electronics. INTERACTIVE: Discover songs of L.A. "We are hyper focused on creating the best user experience and it starts with building the best music intelligence platform on the planet," Daniel Ek, Spotify's chief executive, said in a statement . " With The Echo Nest joining Spotify, we will make a big leap forward in our quest to play you the best music possible.” Financial details of the transaction were not disclosed. The purchase of Somerville, Mass.-based Echo Nest will also make it easier for third-party developers to build applications for Spotify, which completed a funding round of about $250 million in November.
March 4, 2014 |
Beats Music is bringing more tools for musicians into the fold. The new music streaming service is acquiring Topspin Media, a company that helps artists promote and sell their music and merchandise to consumers. Ian Rogers, Beats Music's chief executive and the former CEO of Topspin, said the acquisition will help artists connect directly with fans. PHOTOS: Behind the scenes of movies and TV "We're committed to establishing Beats Music as a conduit for the artist-fan relationship, a platform where artists have a voice, and a provider of useful data and analytics on how fans interact with artists and their music," Rogers wrote in a blog post on the Beats Music website . "This acquisition puts our money where our mouth is. " Financial details were not disclosed. Beats has already integrated some of Topspin's features into its service to let artists update their profiles with photos and merch offers. Launched in January by Beats Electronics, the headphone company started by Dr. Dre and Jimmy Iovine, Beats Music offers a variety of ways to help people discover music, including play lists created by artists and taste-maker publications.
March 2, 2014 |
The gig: Veteran digital media executive Anthony Bay took over in December as chief executive of Rdio, a streaming music service created by Janis Friis, the co-founder of the Internet phone application Skype (and the file-sharing service Kazaa). Rdio has received favorable reviews, but the 4-year-old Internet jukebox nonetheless has struggled to match the momentum of competing services such as Spotify, which boasts some 9 million paying subscribers. Rdio has undergone layoffs, a management shake-up and a strategic shift (it now offers a free, advertising-supported version through its website)
February 21, 2014 |
Got discerning taste? Interested in digging in the digital crates for the best music available in the cloud? Then you've no doubt been targeted by Beats Music in the past few months. The much-hyped streaming service is the latest entry in an increasingly crowded field that includes Spotify and iTunes. It offers access to millions of songs and hundreds of hand-selected playlists for $9.99 a month (or, for ATT customers, $14.99 for a family plan). It was unveiled last month during a big budget rollout by longtime music business executives and hitmakers Dr. Dre and Jimmy Iovine through their company, Beats Electronics.