SoundCloud May Have New Equity Deals, YouTube Red Merging with Google Play, SESAC Strikes U.S. Radio Deal

SoundCloud Nears Deal To Sell Majority Stake To Private Equity Firms. A pair of private equity firms are reportedly close to each taking a separate stake in the unprofitable music streamer that would collectively mean the acquisition of a majority of the company. YouTube Red And Google Play Music To Merge, Says Lyor Cohen. Cohen… Continue reading SoundCloud May Have New Equity Deals, YouTube Red Merging with Google Play, SESAC Strikes U.S. Radio Deal

Pandora CEO May Be Stepping Down, Apple Music Wants Lower Royalty Payments, TuneCore Nears $1B Revenue

Story of the Week Pandora CEO Tim Westergren May Be Stepping Down, According to a New Report According to Recode, Pandora hasn’t selected a replacement for Westergren, sources say; he will likely stay on at the company he founded 17 years ago until a new CEO is in place. Top Music News Highlights Pandora [P]… Continue reading Pandora CEO May Be Stepping Down, Apple Music Wants Lower Royalty Payments, TuneCore Nears $1B Revenue

Digest: SiriusXM Buys $480M Stake in Pandora, Pandora Unloads Ticketfly, 3 Takeaways from Midem 2017

Story of the Week SiriusXM to Buy $480M Stake in Pandora Under the terms of the agreement, a subsidiary of SiriusXM will purchase news convertible preferred stock of Pandora, while SiriusXM has already bought $172.5 million of preferred stock representing a stake of 19 percent in Pandora’s, or a 16 percent stake when converted. Other… Continue reading Digest: SiriusXM Buys $480M Stake in Pandora, Pandora Unloads Ticketfly, 3 Takeaways from Midem 2017

Digest: Pandora & SiriusXM Might Be Back On, Paypal Sues, DOJ Appeals in BMI Case

Story of the Week SiriusXM’s Pandora Buyout Could Be Back On That’s according to a new report from the New York Post, which suggests that Sirius recently restarted talks with Pandora’s banks and is currently “discussing the size of a potential offer.” Top Music News Highlights Pandora Sued By PayPal For Alleged ‘Harmful’ Logo Infringement.… Continue reading Digest: Pandora & SiriusXM Might Be Back On, Paypal Sues, DOJ Appeals in BMI Case

Digest: Fans More Willing To Pay For Music, Amazon’s Music Plans, Slacker Lays Off Staff

Top Music News Story Fans Have A Growing Willingness To Actually Pay For Music Music fans are showing a growing willingness to actually pay for music, and that is helping to drive the current growth in the recorded music industry. In fact, the value of those fans grew 11% last year driven by tens of… Continue reading Digest: Fans More Willing To Pay For Music, Amazon’s Music Plans, Slacker Lays Off Staff

Digest: Spotify Close To Major Label Deals, Budging on Windowing, UMG Partners For VR Experiences

Top Music News Story Spotify To Sign New Licensing Deals With Major Labels ‘Within Weeks’? The Financial Times is reporting optimistic news: it says that “licensing talks have picked up considerably” between the Spotify and Universal Music Group – and even that “deals [with the major labels] could be inked within weeks.” According to the… Continue reading Digest: Spotify Close To Major Label Deals, Budging on Windowing, UMG Partners For VR Experiences

Digest: Spotify Acquires Sonalytic To Improve Pub Data, Pandora Premium Launching, NMPA Goes To Court

Top Music News Story Spotify Acquires Audio Detection Startup Sonalytic To Improve Publishing Data Spotify has acquired Sonalytic, a UK based startup that specializes in audio identification that enables us to connect creators and rights-holders to monetization opportunities. Spotify says it will use Sonalytic audio detection to improve its personalized playlists and to match songs… Continue reading Digest: Spotify Acquires Sonalytic To Improve Pub Data, Pandora Premium Launching, NMPA Goes To Court

RECAP: Pandora Reportedly Open To SiriusXM Deal, IFPI “Investing In Music” Report, Startups Closing Big Funding

Pandora Shares Spike on Report It’s Open to SiriusXM Deal Talks Story of the Week Shares of music-streaming provider Pandora shot up as much as 17% Friday, after CNBC reported the company was open to discussing a sale to satellite-radio service SiriusXM. Following the CNBC report, Reuters reported that Pandora is not undertaking any new… Continue reading RECAP: Pandora Reportedly Open To SiriusXM Deal, IFPI “Investing In Music” Report, Startups Closing Big Funding

RECAP: SoundExchange Wants Major Rate Increases, NMPA Wants Facebook Publishing Deals, Pandora Premium Launch Date,

SoundExchange Asks U.S. Copyright Royalty Board For Major Rate Increases Story of the Week SoundExchange has submitted a new rate proposal and testimony in the SDARS III royalty rate proceeding from which the Copyright Royalty Board (CRB) will set rates for the years 2018-2022 for Sirius XM’s satellite radio service, as well as, cable/satellite TV… Continue reading RECAP: SoundExchange Wants Major Rate Increases, NMPA Wants Facebook Publishing Deals, Pandora Premium Launch Date,

RECAP: Pandora Nearing On-Demand Deals, Dubset Inks Deal with Sony/ATV, More News in U.S. Publishing

Story of the Week Pandora Nears Deals For On-Demand Streaming Pandora Media Inc. is aiming to start expanding its internet-radio service as soon as next month, offering its hallmark free tier as well as two new monthly subscription options that will mark its foray into on-demand music streaming, said people familiar with the matter. While… Continue reading RECAP: Pandora Nearing On-Demand Deals, Dubset Inks Deal with Sony/ATV, More News in U.S. Publishing