Net News search results for: digital music news.com
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September 23, 2019
RAIN Summit Dallas To Feature Keynote By Townsquare CEO Bill Wilson
TOWNSQUARE MEDIA CEO BILL WILSON will keynote the RAIN SUMMIT DALLAS on TUESDAY, preceding the NAB and RAB's RADIO SHOW 2019 at the HILTON ANATOLE DALLAS. The agenda for KURT HANSON's day-long conference on audio entertainment's future … more »
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August 21, 2019
Plaintiffs Drop Courtney Love From Universal Studios Fire Lawsuit, UMG Files For Dismissal Of Entire Suit
The plaintiffs who filed a $100 million lawsuit against the UNIVERSAL MUSIC GROUP over destroyed or lost masters from the 2008 UNIVERSAL STUDIOS fire have dropped COURTNEY LOVE and her band HOLE from the suit when UMG offered plausible evidence that … more »
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May 3, 2019
SiriusXM Cuts 60 Positions At Pandora
When SIRIUSXM reported its Q1 2019 financials (NET NEWS 4/24), it noted its net income experienced a 44% decline, totaling $162 million compared to $289 million year-over-year. The company put that loss on its PANDORA RADIO acquisition, which was … more »
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July 5, 2018
China's Tencent Music Looks To File IPO
Following in the footsteps of SPOTIFY, CHINA's leading streaming service, TENCENT MUSIC, is ready to file its own IPO, which will be underwritten by GOLDMAN SACHS and MORGAN STANLEY, and will be valued between $29 and $31 billion, according to … more »
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February 8, 2018
Report: Spotify Losses Total $1 Billion Over Last Two Years
As streaming service SPOTIFY gears up for its direct listing on WALL STREET later this year, the company's Q3 2017 financials show full 2017 operating losses will top $369 million, according to a report in DIGITAL MUSIC NEWS. On revenues of $3 … more »
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December 1, 2017
Digital Music News: Spotlite Is the Next Talent Incubator
Online sites like SOUNDCLOUD, MUSICAL.LY, YOUTUBE and SHAZAM have become go-to spots for exposing new artists and new music. But is their time passing by? Perhaps writes DIGITAL MUSIC NEWS. "Once a platform starts delivering talent, everybody rushes … more »
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August 22, 2017
Report: Apple Music Leads Streaming Payments, YouTube Lags
After the RIAA issued its rejoinder to YOUTUBE Global Head Of Music LYOR COHEN (NET NEWS 8/21), showing how both APPLE MUSIC and SPOTIFY pay more than the GOOGLE-owned streamer, further research confirmed those results, according to a report in DIGITAL … more »
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July 17, 2017
SoundCloud CEO Says The Company 'Is Here To Stay'
Two week ago (NET NEWS 7/6), in a note posted on its blog, SOUNDCLOUD CEO ALEX LJUNG admitted that the music streamer will lay off 173 of its 420 employees, an over 40% reduction in staff. Furthermore, SOUNDCLOUD is closing its offices in SAN FRANCISCO … more »
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June 29, 2017
Ex-TubeMogul Exec Stephen Hunt Joins UMG Australia For Emerging Technologies
Former TUBEMOGUL APAC MD and AUSSIE programmatic pioneer, STEPHEN HUNT has joined UNIVERSAL MUSIC GROUP AUSTRALIA, according to a report in AUSTRALIA trade magazine ADNEWS. HUNT established the AUSTRALIAN subsidiary of online video space … more »
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February 17, 2017
Judge Orders Cable's Cox Communications To Pay $8.4 Million In Legal Fees To BMG Rights Management In Download Case
Cable operator COX COMMUNICATIONS/COXCOM, LLC has been ordered by a federal judge in VIRGINIA to pay an additional $8.4 million in costs and attorney's fees to BMG RIGHTS MANAGEMENT on top of $25 million in damages a jury awarded the plaintiffs in … more »