Tag: Wall Street

SFXE Shares Tumble To 88¢, NYSE Delisting and Bankruptcy Loom

SFXE shares fell another 15% on Thursday morning, trading at just $.88 midday. Listed on the New York Stock Exchange, SFXE stock can be removed from trading if its price closes. Continue reading

Bruce Houghton on 08/20/2015 in Music Business | Permalink | Comments (1)

Tags: Apple Inc., Carlyle Group, Gap Inc., Google, NASDAQ, New York Stock Exchange, Red Robin, United Airlines, United Continental Holdings, Wall Street

Share on:

Teens Name Facebook 3rd Most Important Social Network

Facebook is the most popular social network in the world, but as usual, teens have their own ideas. A new Piper Jaffray survey shows that Facebook-owned Instagram is considered the "most. Continue reading

Bruce Houghton on 04/27/2015 in Music Marketing | Permalink | Comments (1)

Tags: Facebook, Instagram, Pew Research Center, Piper Jaffray, Snapchat, social media, Social networking service, Teenagers, Twitter, Video hosting service, Wall Street, WhatsApp

Share on:

Pandora Dropped 2.3 Million Listeners In Last 3 Months, Stock Falls As Net Loss Widens

UPDATED: Pandora is heading into a stormy season, with court decisions, rate hearings and Congressional action all just ahead. Today's report to Wall Street, however, did nothing to calm investor. Continue reading

Bruce Houghton on 04/24/2015 in Music Business | Permalink | Comments (2)

Tags: A+E Networks, Adam Cahan, Apple Inc., AT&T, Black hole, Copyright Royalty Board, Cosmic Evolution Survey, Cricket Wireless, Deezer, depreciation and amortization, Earnings before interest, Generally accepted accounting principles, Internet radio, Marissa Mayer, Pandora Radio, Spotify, Streaming media, taxes, The Wall Street Journal, Wall Street, Yahoo!

Share on:

SFX CEO Sillerman Makes Offer To Take EDM Conglomerate Private

Let the bidding wars begin! The CEO of SFX has offered to take the EDM giant private. Today's move is likely to set off a bidding war that includes Live. Continue reading

Bruce Houghton on 02/25/2015 in Live & Ticketing | Permalink | Comments (0)

Tags: AFL–CIO, Apple Inc., Chief operating officer, Chris Stephenson, Citigroup, Goldman Sachs, Initial public offering, Spotify, The Wall Street Journal, Wall Street

Share on:

Pandora Earnings Disappoint, Stock Plunges, $439M Paid To Rightsholders In 2014

UPDATE: After falling as much as 26%, Pandora stock rose slightly in after hours trading, settling at $14.90, still down almost 20%. Pandora stock fell on news that the music. Continue reading

Bruce Houghton on 02/06/2015 in Music Tech | Permalink | Comments (0)

Tags: Amazon.com, Apple Inc., Broadcast Music, Copyright Royalty Board, Diluted earnings per share, Extended-hours trading, Generally accepted accounting principles, Google, Inc., internet, New York Stock Exchange, Pandora, Pandora Radio, revenue, Wall Street

Share on:

MySpace “Worth $15 Billion” When Sold For $35 Million, Says Co-founder

(Updated) MySpace was worth much,much more than the $35 million that Rupert Murdoch sold the site for in 2011 according to co-founder Chris DeWolfe. “He made a big blunder in. Continue reading

Bruce Houghton on 11/19/2013 in Music Tech | Permalink | Comments (2)

Tags: $250 million, Chris DeWolfe, Facebook, MySpace, News Corporation, Rupert Murdoch, Wall Street, YouTube

Share on:

Facebook Confirms Drop In Teen Use, Valuation Falls $18 Billion

As we reported last week, teens are not as enamored with Facebook as they once were. In fact, Facebook has lost its crown to Twitter as the most popular social network. Continue reading

Bruce Houghton on 10/31/2013 in D.I.Y. | Permalink | Comments (0)

Tags: David Ebersman, Facebook, Instagram, Piper Jaffray, Social network, Twitter, United States, Wall Street

Share on:

No Repress/Fistcogs Anonymously Battle “People Playing Wall Street” With Collectible Vinyl

Though the entities behind No Repress are anonymous, they're getting a positive response to their new service Fistcogs which is designed to combat vinyl speculators with particular inspiration from the. Continue reading

admin on 10/01/2013 in D.I.Y. | Permalink | Comments (0)

Tags: Berlin, Contributor Clyde Smith, Crowd funding, Discogs, Hypebot, PledgeMusic, Uruguay, Wall Street

Share on:

Days After Launch iTunes Radio Is 45% As Popular As Spotify, Pandora Stock Drops 10%

Four days after a September 20th launch, Apple has announced that more than 11 million unique listeners have already tuned into iTunes Radio. The most listened to song was “Hold On,. Continue reading

Bruce Houghton on 09/24/2013 in Music Business | Permalink | Comments (5)

Tags: Apple, Drake, Initial public offering, iTune, iTunes Radio, Pandora, September, Wall Street

Share on: