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Pandora To Raise $231 Million With Sale Of 10 Million Shares
Tech
Why a New Paid Plan Won’t Save Pandora
By Jeff John RobertsNovember 18, 2015
Pandora To Raise $231 Million With Sale Of 10 Million Shares
Tech
Rdio Will Shut Down and Sell Some of Its Assets to Pandora for $75 Million
By Kia KokalitchevaNovember 16, 2015
FRANCE-MUSIC-INTERNET-BUSINESS-DEEZER
Tech
European music service Deezer pulls the plug on its planned IPO
By Mathew IngramOctober 28, 2015
WASHINGTON, DC - FEBRUARY 3: Pandora co-founder Tim Westergren in Washington, DC on February 3, 2015. (Photo by Linda Davidson / The Washington Post)
Tech
Pandora investors are losing faith in its ability to compete
By Mathew IngramOctober 23, 2015
Pandora CEO Brian McAndrews
Tech
Pandora plays the blues as shares tumble
By ReutersOctober 22, 2015
US-TECHNOLOGY-WSJD LIVE
Tech
Who’s paying for Apple Music?
By Philip Elmer-DeWittOctober 20, 2015
How many paid for Apple Music when it was no longer free?
Tech
How many paid for Apple Music when it was no longer free?
By Philip Elmer-DeWittOctober 13, 2015
APTOPIX Baltimore Police Death
Leadership
Baltimore, tarnished by riots, tries to rebuild its economic image
By Claire ZillmanOctober 10, 2015
Google Chromecast Audio
Tech
Google’s new Chromecast lineup: a hit and a miss
By Jason CiprianiOctober 8, 2015
Pandora expands into live events with $450M purchase of Ticketfly
Tech
Pandora expands into live events with $450M purchase of Ticketfly
By Laura LorenzettiOctober 7, 2015
Jimmy Iovine At The Apple Worldwide Developers Conference (WWDC)
Tech
Deezer prospectus makes one thing clear: Streaming music is a terrible business
By Mathew IngramSeptember 25, 2015
Spotify Holds Press Event In New York
Tech
Spotify could be coming to Google’s Chromecast
By Benjamin SnyderSeptember 18, 2015
Revenue from licensing music for digital streaming has meant big revenue bumps for agencies like BMI and Ascap. Perhaps it’s time for the “B” in BMI to stand for “billion”—as in $1 billion in annual revenue. The music agency, whose full name is Broadcast Music Inc., announced Thursday that it set an industry record by raking in $1.013 billion over the year ending June 30. That’s BMI’s highest yearly revenue ever, and it squeaks by the $1.001 billion reported earlier this year by ASCAP, BMI’s main rival for handling music licensing and artists’ songs for play on radio, television, streaming media, and other platforms. BMI and ASCAP — the latter of which said it was the first performing rights organization to top $1 billion — have increased their revenue in recent years even as the music industry on the whole remains in flux due to evolving distribution models. The increase comes amid higher consumption of digital music, which requires streaming services like Pandora P 0.38% , Spotify, YouTube GOOG 1.15% , and Apple Music AAPL 2.09% to pay BMI and ASCAP royalties to stream songs by their songwriter members. Together, ASCAP and BMI represent a reported 90% of songs released commercially in the U.S. BMI's roster of artists includes Taylor Swift, Lady Gaga, and Lil Wayne.
Arts & Entertainment
BMI breaks a billion-dollar record
By Tom Huddleston Jr.September 10, 2015
PANDORA SUMMER CRUSH 2015
Tech
As the music industry changes, Pandora’s tune stays the same
By Erin GriffithSeptember 1, 2015
Is 11 million Apple Music subs anything to brag about?
Tech
Is 11 million Apple Music subs anything to brag about?
By Philip Elmer-DeWittAugust 10, 2015
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