After a three-hour delay, Hot 97's 23rd annual Summer Jam festival at Metlife Stadium in New Jersey saw its most raucous performances come from streaming sensations such as Bryson Tiller and DJ Khaled.
Sony Music is suing Rdio executives, implying the top brass swindled them out of millions while negotiating a golden parachute deal with Pandora. The acquisition saw executives at the now-defunct streamer getting big payouts, leaving Sony…
Coming off of a bad year for profits and a dwindling user base, Pandora is said to be in early talks for a possible sale. The news comes as the company has been besieged by the rise of on-demand streamers like Spotify and Apple Music.
Pandora might not be as popular as Spotify, but that hasn't stopped the company from moving forward, introducing new music discovery features as well as a mini player that sits at the bottom of the app.
The internet radio streamer and other non-interactive streamers like iHeartRadio (but not Apple Music or Spotify) is now required to pay a higher royalty rate. The decision could've been worse for streamer, but it's certainly not good news…
Rdio has gone bankrupt and has sold its assets to Pandora. As the days count down until Rdio reaches its end of life, the streaming service is sharing export options and statistics on users music habits.
In an earnings call, Pandora CFO Mike Herring pointed the finger at Steve Jobs for the last 15 years of trouble in the music industry. Pandora faces a difficult week waiting to find out whether it'll have to pay higher artist royalties.
The music industry has long been in a state of flux, but it might also be in danger, according to Pandora CEO Brian McAndrews. In a new op-ed, he argues that free on-demand streaming has created a destructive gray market.