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Sirius XM CEO: I Don't See Spotify As A Direct Competitor
Thursday, November 20, 2014 - 1:26pm | 332Read More...Sirius XM Holdings Inc. (NASDAQ: SIRI) is one of the companies that makes you sit back and take notice. Not because it is doing some unique innovations, but simply for that fact that being a satellite radio company it manages to keep itself relevant in this day and age of music streaming services...
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Dow, S&P 500 Add To Gains Following Encouraging International News
Tuesday, November 18, 2014 - 6:02pm | 1050Read More...U.S. stocks rose on Tuesday, lifting the Dow and S&P 500 to new all-time highs as investors found positives in data releases, including the NAHB Housing Market Index, which rose more than expected. In Europe, German investor confidence saw the largest increase in 11 months while European...
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Spotify Sets Sights On Growth Despite Recent Arguments With Taylor Swift
Tuesday, November 18, 2014 - 2:28pm | 339Read More...Spotify, the music-streaming service that rivals Pandora Media Inc (NYSE: P) and others said on Tuesday that it will expand its corporate head-count by a third as the music service industry is thriving. Bloomberg reported that Spotify plans to increase its workforce by about 500 to 2,000 as the...
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Pandora Media Shares Fall Amid Spotify And Uber Integration
Monday, November 17, 2014 - 12:41pm | 292Read More...Pandora Media Inc (NYSE: P) shares fell Monday amid news that Spotify and Uber are teaming up. According to Spotify, the integration between the companies will allow Uber riders to select their preferred playlist from the Uber iOS or Android apps. "When you request a car, you’ll be...
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Taylor Swift Isn't The Only Star To Pass On Spotify: Here Are 4 More
Thursday, November 6, 2014 - 3:08pm | 743Read More...With the successful launch of her new album and several hit singles, Taylor Swift is on a roll. In fact, industry projections for the album, “1989,” have it selling 1.3 million copies in its first week. No other album has reached one million copies sold this year. On Monday,...
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Pandora Media Pops On Taylor Swift's Withdrawal From Spotify
Monday, November 3, 2014 - 3:45pm | 240Read More...Pandora Media Inc (NYSE: P) shares gained nearly 3 percent after pop star Taylor Swift pulled her music from the competing service Spotify. Many of Swift's recordings remain available on Pandora and other streaming music services. "We hope she'll change her mind" privately...
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3 Of Ashton Kutcher's Most Successful Investments
Tuesday, September 9, 2014 - 3:56pm | 761Read More...Well-known Hollywood actor Ashton Kutcher is also a very successful technology investor. Thought at first to be merely a “dabbler,” Kutcher finally convinced Wall Street that he was serious. Since Kutcher’s involvement in a company or project inspires others to join...
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What Festivals Mean For Music
Friday, September 5, 2014 - 2:55pm | 268Read More...Semetric co-founder Marie-Alicia Chang went over how festivals and other live performances are helping boost download sales and music streaming on CNBC recently. “It's been a challenging time because people have more and more embraced ... online and digital platforms and services...
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An Apple-Pandora Merger Would Be A 'Scary Combination'
Friday, August 22, 2014 - 1:28pm | 780Read More...Before Apple (NASDAQ: AAPL) officially acquired Beats Electronics, many analysts speculated about alternative mergers. Spotify was one of the first companies that came up, followed by Pandora (NYSE: P), Bose and others within the music business. Now that the Beats deal is over, further merger...
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Streaming Music And Royalties: Who Pays The Most?
Thursday, August 7, 2014 - 10:33am | 1113Read More...How much can labels really make from streaming music? Pandora: Up To $0.00137 Per Play In June 2013, Cracker vocalist David Lowery claimed that he was paid $16.89 for a song that was played more than 1.15 million times on Pandora (NYSE: P). Pandora co-founder Tim Westergren responded to...
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Pandora's Direct Label Deal Won't Help Artists Get Rich
Wednesday, August 6, 2014 - 3:52pm | 446Read More...Pandora (NYSE: P) announced today that it had signed an agreement with Merlin, a global rights agency that represents thousands of independent labels. The deal will allow Pandora to pay the labels directly. Albert Fried & Company analyst Rich Tullo said that while this is a step in the...
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Weekly Highlights: Apple's iTime Patent, Amazon's Fire Phone Suppliers And More
Sunday, July 27, 2014 - 9:06pm | 182Read More...This wasn't the most exciting week in tech news, but there were a few notable developments. First and foremost, Apple (NASDAQ: AAPL) was granted a patent that might have exposed the specs for its first smartwatch concept. A teardown revealed that Amazon's (NASDAQ: AMZN) Fire Phone may...
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Rhapsody's New Partnerships Could Give It An Edge Over Spotify
Friday, July 25, 2014 - 9:18am | 643Read More...Rhapsody is the oldest streaming music service in America, but it hasn't enjoyed the massive success that accompanied the launch of Spotify and Pandora (NYSE: P). The company hopes to change that with a couple of new partnerships. Rhapsody announced Friday that it has partnered with Flipps...
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Shares Of Pandora Active After Hours On Report Google Considered Buying Spotify
Tuesday, July 22, 2014 - 5:42pm | 185Read More...Google (NASDAQ: GOOG) (NASDAQ: GOOGL) tried to buy music-streaming service Spotify late last year, according to the The Wall Street Journal, but talks broke down for a number of reasons. These include the high price Spotify was asking and Google CEO Larry Page's overall lack of enthusiasm for...
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Amazon Launches Prime Music Streaming Service
Thursday, June 12, 2014 - 10:06am | 707Read More...The speculation can stop. Amazon’s (NASDAQ: AMZN) Prime Music streaming service has launched. The service is available at no additional charge to Amazon Prime members who pay $99 a year for unlimited two-day shopping, streaming videos and digital books from an in-house lending library...
