Pandora, Investor Crosslink To Sell $450M In Stock
Pandora and it's largest investor will be selling 14 million shares of stock which could net a total of $450 million. Pandora shares have doubled so far this year, but after. Continue reading
Rhapsody Sheds 15% Of Staff, Top Execs As New Investor Takes Over
(UPDATED) With the arrival of a new investor, music subscription service Rhapsody has let go of 30 employees, 15% of total staff. President John Irwin is exiting that post but. Continue reading
New Hires. Titles and Deals @ Beatport, Creative Allies, Kobalt Music
Beatport appoints Terry Weerasinghe as Vice President of Music Services. He was formerly head of marketing for Native Instruments’ DJ division Fan-sourcing site CreativeAllies has announced that Kevin Carroll, VP of. Continue reading
iTunes Radio Launching This Week, Can Apple Convince Mainstream Consumers To Switch?
EDITOR: With iTunes Radio launching this Wed, Sept. 18, we're revisiting this important discussion between Kyle Bylin and Jason Herskowitz, first published here in July. By Kyle Bylin of sidewinder.fm Jason Herskowitz recently. Continue reading
Meet The New Recording Academy Boss, Same As The Old Boss: Portnow’s Contract Extended To 2019
The music industry's old guard has extended the run of one it's staunchest champions,.Neal Portnow, the president and CEO of the National Academy of Recording Arts and Sciences, has had. Continue reading
Top 10 Vinyl Album Bestsellers for 2013: Amazon.co.uk vs. UK Indie Record Shops
Late last week Amazon reported that UK sales of vinyl continue to grow with sales up 100% over this time last year. A related report from the Entertainment Retailers Association. Continue reading
Top 5 Music Industry Things to Forget and To Keep
Jessica Blankenship is a writer and media manager at Muzooka (@muzooka). Not-at-all newsflash: The music industry is a completely different animal than it once was. While it's true that the. Continue reading
Village People Could Be Banned From Singing ‘YMCA’
By Mike Masnick and republished from Techdirt. We've written many times about the issue of termination rights in copyright. Under the Copyright Act that went into effect in 1978, artists have. Continue reading
Cumulus Takes Equity Stake In Rdio, Will Launch New Free Music Service
UPDATED: The Cumulus and Rdio deal is now official and includes Cumulus taking a "significant equity stake" in Pulser Media, Rdio’s parent company, in exchange for exclusive content, media and on-air. Continue reading
