Streaming & Cloud

Pandora Thinks It Can Be Sold Within 30 Days [REPORT]

[UPDATED] Pandora is actively trying to sell and confident that it can close a deal to close within 30 days, sources familiar with the company’s thinking told CNBC. SiriusXM is believed to be the most logical buyer. ________________________________ This week Pandora reported slowing growth and a deteriorating balance sheet, but…

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eMusic Relaunches Indie Focused Music Hub with Free, Discounted Downloads, Cloud Storage

A pioneer in digital music, eMusic has relaunched with an indie focus similar to its early days. TriPlay acquired eMusic in September of 2015 and has rebuilt the platform from the ground up. _________________________________ eMusic has been resurrected as a home for the indie music aficionado with free cloud storage…

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4 Stats That Should Worry Pandora And Investors

Inside Pandora’s announcement that is had closed a $150 million investment from KKR and lost less money that analysts had thought, were several statistics beyond the financials that must worry CEO Tim Westergren & Company, as well as, their investors. ______________________________ 1. Just 500,000 have taken advantage of a Pandora…

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The Music Industry’s Digital Transition [David Emery]

In this piece David Emery observes how the music industry has transitioned over time, past the era of downloading and into the streaming age, and why for those able to successfully navigate the streaming economy, there has never been a better time to be a independent musician. _________________________ Guest post…

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Pandora, Twitter Launch Emoji Driven Tweet For A Playlist Campaign

A very busy Pandora this morning announced a custom emoji program on Twitter as part of their “Sounds Like You” branding campaign. How it works: _____________________________ Tweet “@pandoramusic + #soundslike + any emoji” and get an automated response from @pandoramusic with copy and a station / mixtape that that emoji…

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Pandora Stock Seesaws After Earnings Report, $150M New Investment

Pandora [P] stock was down 2.62% at the close of trading Monday. Minutes later, it was up 3.37% in after hours trading after the company revealed a new $150 million investment from KKR and smaller than expected losses despite declining user stats. At the start of an earnings call on…

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Pandora Use Ticks Down, Premium Service Off To Late Start

Buoyed by a fresh $150 million investment from KKR, Pandora executives spun a hopeful tale during an earnings call on Monday. But a later than expected full launch of Pandora Premium and slight downtick in use left more questions than answers about Pandora’s long term growth. ____________________________________ During an earnings…

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Pandora Nabs $150M Investment From KKR

[UPDATE 2] At the start of an earnings call on Monday, Pandora (NYSE: P) announced it has entered into an agreement for a $150 million strategic investment from KKR. But the music streamer reported a big quarterly loss and the new investment came at a price. _______________________________ $150M Stock Buy…

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Spotify Adds QR-Like Codes: A New Music Sharing & Engagement Tool For Artists, Marketers

Spotify has officially added QR-like codes for quick song, album and playlist sharing. Available in-app, Spotify Codes can also be printed on a flyers, posters or billboards. Hypebot first reported the rollout of this new feature on Friday and opportunities it creates for musicians and music marketers working to boost…

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Will The Music Industry Soon Be Under The Control Of Computers?

While much of what is unfair about payments to artists stems from the low rates, the lack of accuracy and accountable when it comes the metadata associated with said music, something which could be helped with the implementation of things like blockchain tech. _______________________ Guest post by Erin M. Jacobson…

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