In the latest sign that Spotify is planning an IPO, reports surfaced that the music streamer is talking to banks about a new credit facility. Investment firm Goldman Sachs Group Inc., which also has a stake in Spotify, is working to arrange the credit line, according to Bloomberg. Show More Summary
Spotify, Apple and now Samsung are moving into Internet radio, challenging Pandora's business.
Beats Music Acquires Topspin Media, Will Spotify Continue Topspin Deal? Spotify Acquires The Echo Nest, Sources Estimate $100 Million Purchase Price Wiz Khalifa Releases Paid Sticker Pack For Multiple Messaging Apps Via TextPride Audiam...Show More Summary
Samsung is the latest company with music on the brain The manufacturer is going up against iTunes Radio, Pandora and Spotify with its newly-announced ad-free radio service called Milk Music. The service, which is powered by Slacker and...Show More Summary
Spotify purchased music discovery tool the Echo Nest this week. This could be one of the streaming music service’s smartest moves yet.
Peter DiCola, Copyright Equality: Free Speech, Efficiency, and Regulatory Parity in Distribution. Abstract: Copyright law treats webcasters like Pandora, on-demand streaming services like Spotify, the satellite radio company Sirius XM, and traditional radio broadcasters like Clear Channel in vastly different ways. Show More Summary
"Milk is a very natural, organic music service," Aline Yu, senior director of marketing at Samsung Media Solutions, says. "It's a fresh take on music, but it's really a fresh taste as well." As murmurs of a Spotify IPO emerge, another tech giant is entering the music-streaming space. Show More Summary
Samsung's new Milk app wants to beat Pandora with a novel UI and without any annoying ads. But what does that mean for Samsung's online music strategy?
Spotify’s acquisition of The Echo Nest was not entirely surprising since the two companies have a common core: music (and Spotify APIs). With Echo Nest, it is expected that Spotify will be able to deliver better content recommendation to users, … Continue reading ?
Experimental rap trio clipping. tracks down the filthiest tracks buried deep in Spotify's vaults.
Four college students revamped the app to actually do something useful.
Beats Music wants to take on Spotify, Rdio, Deezer and the dozens of other music streaming services that are constantly vying for new listeners. To succeed though, it needs to be available everywhere – and that’s why its API is now available to developers. Show More Summary
A couple of years ago, companies like Spotify didn’t have to worry much in terms of competition. Sure they weren’t the first company to offer streaming services, but at that time there weren’t that many other services around as well....Show More Summary
Spotify paid $100-$125 million to acquire The Echo Nest with up to 90% of the figure being equity in Spotify, sources tell TechCrunch. Based on the higher valuation, sources peg $15 million split between founders Brian Whitman and Tristan...Show More Summary
On the heels of the news yesterday that Spotify had acquired music discovery technology company Echo Nest, we now have a price for the deal: it was $100 million, with 90% of that in Spotify equity. Read More
Today in Tech News Digest, the creator of Bitcoin is (allegedly) unmasked, Spotify acquires The Echo Nest, Facebook (finally) settles on its new News Feed design, Vine bans pornography, Microsoft’s Siri-alike leaks, and LG releases the creepiest commercial of all time. Show More Summary
FRIDAY 3.7.2014 Music Business News & Views From Around The Web CLICK HERE Updated Continuously @ Hypebot's More News Tab
The recommendation engine recognizes the meaning of lyrics in a Norwegian death metal ditty and knows they would not be appreciated by Christian music fans despite similarities in the syncopation.
"We want to enable straight playback from Spotify on other services", CEO Daniel Ek tells me. It's part of why his company just acquired The Echo Nest, the top music personalization and discovery API in the industry. EchoNest's CEO Jim Lucchese explains "We’ve both invested in platform approaches to music. Show More Summary
In the increasingly crowded chess match that is now the streaming-music industry, Spotify has just advanced its knight—buying the "music intelligence" company The Echo Nest. Founded by MIT... To view the full story, click the title link.