Category Archives: Music

Sean Parker has left Spotify’s board; Padmasree Warrior, Thomas Staggs join in lead up to IPO

 As Spotify inches its way to a public listing, the streaming music company — which now has 140 million users — has made some significant changes to its board of directors. Sean Parker, the early supporter and investor who once founded digital music service Napster and helped usher Facebook into the world, has left Spotify’s board of directors, along with Klaus Hommels,… Read More

Pandora raises $480M from SiriusXM, sells Ticketfly to Eventbrite for $200M

 SiriusXM just announced they will be investing $480M in cash into Pandora, which will give them a ~16% stake in the company on an as-converted basis. While it’s not an full acquisition like was once rumored, this will give Pandora a much needed cash injection, as well as a strategic partner experienced in the radio business that might help steer it to more growth in a very competitive… Read More

Pandora adds a continues listening mode with AutoPlay, while considering a Sirius XM investment

 Pandora today is rolling out a new feature to its Premium tier that will allow subscribers to continue to listen to music, uninterrupted, when their current track, album or playlist ends. Called simply, “AutoPlay,” the feature works by shifting users to a personalized radio station based on whatever it is you were listening to before. AutoPlay – a feature carried over from… Read More

Stem raises $8M to get music artists paid more seamlessly

 While music streaming has become more and more commoditized, artists still have a wide array of places to distribute their songs like Spotify, YouTube and Apple Music — but getting paid properly can start to complicate things. That problem gets even more difficult when there are multiple people collaborating on the same song and it’s not clear who is getting how much of a cut from… Read More

eMusic’s new owners believe they can convince users to start buying songs again

 Take a moment to consider all that has transpired in your life and the world since the last time you logged into eMusic. For me, it’s been roughly five years, I think, and among a few other slightly more consequential things, I (like much the rest of the world), have begun consuming music completely differently. But the brand, which re-launched this week with a design and rejiggered… Read More

Spotify partners with Capital One to offer half-price premium subscriptions

 In an effort to grow its paid subscribers base, Spotify this morning announced a partnership with Capital One that will offer Spotify customers half off the price of their Spotify subscription if they pay with a Capital One Quicksilver or QuicksilverOne cards. The year-long partnership will conclude on April 30, 2018 and will be applicable to all the Premium tier memberships Spotify offers.… Read More