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Recode: Pandora's 'Days Seem Numbered' And This Is Bad For The Music industry
Thursday, March 30, 2017 - 1:34pm | 364Read More...Pandora Media Inc (NYSE: P)'s struggles to earn a profit and remain relevant in the highly competitive online music streaming market has been well documented. A Bloomberg report on Wednesday suggested that Pandora's new streaming service dubbed Premium could be the company's final chance to gain...
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Wall Street's M&A Chatter From March 27: Dow-DuPont, DryShips, Spotify-MightyTv
Tuesday, March 28, 2017 - 6:53am | 353Read More...The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday, March 27, 2017. Spotify Acquires MightyTv The Deal: Spotify announced it had acquired privately-held MightyTv, whose app provides movie and TV recommendations based on personal preferences. Terms were not...
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Will This New Media & Telecom IPO Be Able To 'WOW' The Street?
Monday, March 27, 2017 - 9:58am | 583Read More...After a lull in 2016, the IPO market has gotten off to a solid start this year. Snap Inc (NYSE: SNAP) set the ball rolling for a potentially productive year, with its 200 million share offering. Many other high profile names such as Uber, Spotify, Lyft, Airbnb and Dropbox are expected to follow...
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For Music Lovers Who Download Rather Than Stream, iTunes Still Reigns Supreme
Tuesday, February 14, 2017 - 4:28pm | 423Read More...Apple Inc.(NASDAQ: AAPL)'s iTunes still tops the chart when it comes to music downloads, despite more consumers shifting toward streaming services. A recent Paypal Holdings Inc (NASDAQ; PYPL) survey said 63 percent of U.S. consumers aged 18–34 use paid streaming services at a similar rate to...
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A Decade After Leaving Traditional Radio, Howard Stern Is Vindicated
Wednesday, February 8, 2017 - 2:08pm | 829Read More...On Wednesday, two of the biggest remaining names in traditional radio announced they will be joining forces to try to compete in the digital age. CBS Corporation (NYSE: CBS) will be spinning off CBS Radio, which will then merge with Entercom Communications Corp (NYSE: ETM). The combined company...
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Spotify's Complicated Road Toward An IPO
Wednesday, February 8, 2017 - 1:09pm | 420Read More...Snapchat's parent company Snap Inc. has officially filed for an initial public offering, but the list of multi-billion -dollar companies that choose to remain private is still notable. One of the companies expected to file for an IPO in 2017, the streaming music provider Spotify, is reportedly...
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Does Tidal's Deal With Sprint Leave Apple Eyeing Pandora?
Monday, January 23, 2017 - 3:02pm | 614Read More...Sprint Corp (NYSE: S) may have edged out Apple Inc. (NASDAQ: AAPL) in forging a partnership with Tidal, a subscription-based music streaming service owned by Jay Z. With Tidal beyond its reach, Apple may now be forced to settle for Pandora Media Inc (NYSE: P) for beefing up its Apple Music service...
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Is Snapchat's Snap Another 'Junk' IPO?
Monday, January 23, 2017 - 11:13am | 529Read More...After a so-so 2016, will the IPO markets see redemption in 2017? According to a Ernst & Young report , the deal numbers and proceeds raised fell in 2016, with the deal number by 16 percent and proceeds by 33 percent. In the Americas, where the U.S. dominates, the global IPO market share...
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99 Problems And Time For Investment? Sprint Acquires 33% Of Jay Z's Tidal
Monday, January 23, 2017 - 10:38am | 389Read More...Just days after Tidal hit a fresh wave of criticism, Sprint Corp (NYSE: S) bought 33 percent of the music streaming platform and extended the service to 45 million customers. The announcement came Monday after a Norwegian newspaper accused Tidal owner Jay Z of inflating subscription figures on two...
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Spotify Vs. Apple: Which Has Ruled During Nearly A Decade Of Competition?
Friday, January 13, 2017 - 2:41pm | 695Read More...As the music rivalry between Apple Inc. (NASDAQ: AAPL) and Sweden's Spotify intensifies, Benzinga looked at which service scores over the other and has emerged the frontrunner. Brief Recap Of Services Spotify, launched in October 2008, offers digital rights management-protected content from...
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Apple Wants Content To Compete With Spotify
Thursday, January 12, 2017 - 5:40pm | 277Read More...Apple Inc. (NASDAQ: AAPL) wants to enter the Hollywood space and create its own TV show and movies with the ultimate end goal of better competing against Spotify. Spotify, the music-only streaming provider, would be Apple's biggest competitor in the streaming space - not Netflix, Inc. (...
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Spotify's Advertising Ramp Could Be Pressuring Pandora's Sales
Thursday, December 15, 2016 - 11:38am | 393Read More...Wells Fargo said Spotify is closing the gap to Pandora Media Inc (NYSE: P) in session starts, and its advertising ramp could pressure Pandora’s national sales. Closing The Gap Citing Triton data, the brokerage said Spotify has effectively closed the gap, posting a measured U.S. session start...
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Wells Fargo's Take On Pandora's Spotify Competitor
Wednesday, December 7, 2016 - 11:26am | 366Read More...Pandora Media Inc (NYSE: P), once a pioneer and early mover in the online streaming music space, has seen its competitive positioning suffer at the hands of peers that offered an on-demand music streaming service. Platforms such as Spotify offer consumers the ability to listen to what they want,...
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Apple Music Hits 20 Million Subscriber Mark
Wednesday, December 7, 2016 - 9:20am | 157Read More...Apple Inc. (NASDAQ: AAPL)'s Apple Music said it officially has more than 20 million paying subscribers, just three months after it crossed 17 million subscribers and just 17 months after its launch, according to a report on Music Business Worldwide. Rival Spotify surpassed 40 million subscribers in...
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What Streaming Services Have The Best Offline Offerings?
Wednesday, November 30, 2016 - 4:55pm | 342Read More...Netflix, Inc. (NASDAQ: NFLX) recently made a major change to its content policy and will now allow users to download content to view offline. In the latest update to Netflix’s iOS and Android apps, users can select the option “Available for Download” from the Netflix menu. The...














