Spotify

Rich Tullo of Albert Fried downgraded Pandora Media Inc (NYSE: P) to Underweight from Overweight on lower-than-expected quarterly earnings and outlook. Further, the company’s 3-tier strategy could drive users to competitors such as iTunes and Spotify. Revenue in the third quarter was $351...

Goldman Sachs Group Inc (NYSE: GS) is taking an odd approach to recruiting young talent by advertising on Spotify. According to a Bloomberg report, one of Wall Street's most notable and largest banks paid Spotify for audio and banner ads across the United States and the U.K. as part of a new...

Pandora Media Inc (NYSE: P) has rolled out is new Artist Marketing Platform (AMP), which features a number of marketing tools that artists can use to promote their music. Streaming music services have gotten a lot of criticism lately for how little they pay artists for their music. Taylor Swift...

While Pandora Media Inc’s (NYSE: P) 2020 revenue target appears “difficult to achieve,” the company’s on-demand product seems to be “five years too late,” Bank of America’s Nat Schindler said in a report. He downgraded the rating on Pandora from Neutral...

Wedbush’s Michael Pachter expects Pandora Media Inc (NYSE: P) to continue to see losses into early 2917, as the company invests in international expansion and on-demand music. Pachter reiterated an Outperform rating on the company, with a price target of $15. The On-Demand Offering “In...

The New York Times reported over the weekend that Pandora Media Inc (NYSE: P) will introduce a new streaming music service that will cost just $5 per month. However, its competitive pricing point in a landscape full of $10 a month services will be short lived, as Amazon.com, Inc. (NASDAQ: AMZN)...

Amazon.com, Inc. (NASDAQ: AMZN) is considering launching a streaming music service exclusively available for owners of its Echo hardware device or phone for just $4 or $5 a month. According to Recode, Amazon will also offer the same streaming service across any device for the industry-standard $10...

Competition in the streaming music space has really heated up in the past couple of years. The latest data from TickerTags indicate that Pandora Media Inc (NYSE: P) might be losing the battle to rivals Spotify and Apple Inc. (NASDAQ: AAPL). TickerTags monitors social media sites to identify trends...

For the first time ever, U.S. consumers are listening to streaming music services more than they are streaming video, according to a report by BuzzAngle. The report stated that streaming music services like Apple Inc. (NASDAQ: AAPL)'s Apple Music and Spotify delivered 114 billion streams from the...

The Wall Street Journal reported that Apple Inc. (NASDAQ: AAPL) is engaged in talks to acquire Jay Z's streaming music platform, Tidal. The report was also confirmed by Recode, which took a deep dive into a potential acquisition and what it would mean for the entire streaming music space. Related...

Spotify, the popular streaming music platform, boasts 100 million subscribers, nearly twice as many paid subscribers as Apple Inc. (NASDAQ: AAPL) can claim for its Apple Music platform. Apple is in dire need of playing catch-up, which might explain why the company is looking to acquire Tidal, a...

Spotify is accusing Apple Inc. (NASDAQ: AAPL) of anti-competitive behavior after rejecting the latest update to Spotify's iOS app, according to a recent MacRumors piece. In a letter sent by Spotify's general counsel to Apple's top lawyer, the former stated that the latter is causing "grave harm to...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and its streaming video property, YouTube, is defending itself against an "epic battle" against the music. According to the Wall Street Journal, the music industry is not at all pleased with the declining royalty rates YouTube pays musicians per stream it...

How is Apple Inc. (NASDAQ: AAPL)'s streaming music service holding up to its peers such as Spotify? The answer could be disappointing to Apple shareholders who had hoped Apple Music would be a meaningful driver of growth. Spotify told The Telegraph that it now counts 100 million monthly...