-
YouTube Introduces New Music App; Prominent Media Analyst Responds
Friday, November 13, 2015 - 2:49pm | 474Read More...According to Re/code, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s YouTube is set to launch a fully dedicated music app. The music app, called YouTube Music, will feature an optional paid subscription model. Rich Tullo of Albert Fried cautioned that the streaming service does have its flaws. By...
-
Albert Fried Expects Pandora Shares To 'Shake It Off-Shake It Off,' Reiterates $19 Target
Monday, June 29, 2015 - 3:29pm | 407Read More...With the launch of Apple Inc. (NASDAQ: AAPL)‘s Apple Music imminent, Albert Fried & Co. analyst Rich Tullo decided to take an in-depth look at streaming music rival Pandora Media Inc (NYSE: P). Despite Apple’s hyped-up new presence in the streaming music space, Tullo believes...
-
Google Buys Streaming Music Service Songza; Price Undisclosed
Tuesday, July 1, 2014 - 4:40pm | 144Read More...Google (NASDAQ: GOOG) (NASDAQ: GOOGL) on Tuesday acquired streaming music company Songza for an undisclosed price. Songza was established in 2007 and has 5.5 million users. Google said it plans no immediate changes to Songza. The action may draw comparisons with Apple's recent $3 billion...
-
Market Wrap For June 6: Markets Higher After In-Line Jobs Report
Friday, June 6, 2014 - 4:47pm | 1530Read More...U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...
-
Analysts Comment Following Google/Songza Rumor
Friday, June 6, 2014 - 4:09pm | 453Read More...The New York Post on Friday reported that Google's (NASDAQ: GOOG) (NASDAQ: GOOGL) Larry Page is in talks with Songza to acquire the company for $15 million. Google To Enhance Music Streaming The Post wrote, “That Google was on the prowl for a streaming service, perhaps one with...
-
Chromecast Gains VEVO, Songza And Other New Apps
Wednesday, December 11, 2013 - 10:15am | 492Read More...Google's (NASDAQ: GOOG) low-cost streaming video device has received support for 10 additional apps. VEVO, the ad-supported music video service, is one of the latest apps to come to Chromecast. Virtually every mainstream artist has published videos on VEVO, though its song selection is not as...
-
Piper Jaffray Initiates Pandora at Neutral With $13.00 Price Target
Wednesday, June 27, 2012 - 3:34pm | 585Read More...Piper Jaffray launched coverage on Pandora Media (NYSE: P) with a Neutral rating and $13.00 price target on Tuesday. The analysts praised Pandora's growth metrics and market leading position in the internet radio industry, but noted that the company's business model is unproven and new competitors...
-
Will Spotify and Xbox Music Destroy Pandora?
Thursday, June 14, 2012 - 2:10pm | 472Read More...While analysts and investors are beginning to see new life in the perpetually imperiled Internet radio service, Pandora's (NYSE: P) competition continues to rise. What does this mean for the future of the company? Earlier today, Albert Fried & Company upgraded Pandora (NYSE: P) from Market...
