Is Music Streaming a Lousy Business?; Spotify Gets Audio Detection Startup; INgrooves + Data

Spotify now has more than twice as many paid streaming music subscriber as Apple. But will it ever make money?

Ladies and gentlemen, get ready for a masterclass in publicly driving down the cost of an acquisition target. Last summer, SiriusXM’s majority owner Liberty Media reportedly made a $3.4bn bid to acquire Pandora. The bid, the equivalent of $15 a share, was rejected by Pandora, whose board apparently felt it under-valued the company.

Music could be Snap's next killer product, and help them take over the world.

INgrooves is a company which offers independent labels and artists a dream ticket: no need to give up their copyrights, with no compromise on the global success their music can attain worldwide.

Streaming music service Spotify announced this morning it has acquired a company called Sonalytic, makers of an audio detection technology that can identify..

The writers who craft songs for artists from Garth Brooks to Beyonce plan to tell a panel of judges this week that the increasing popularity of music-streaming services like Spotify will destroy their profession unless they get more royalties.

In the wake of Spotify's big announcement that they had recently hit 50 million subscribers, Chris Castle takes a moment to examine the accuracy of streaming companies reports regarding just how many committed paying customers they really have.

Sonos now has more competition than ever. But Wifi speakers from companies like Raumfeld are about to make Sonos' life even more difficult.

The music industry is fairly familiar with the music side of Pandora. But there's another side of the streamer that also presents a powerful opportunity - the ad platform monetizes its free radio service and a new partnership that delivers personalized targeted audio ads.

The MTN’s re-launched music streaming service, Music+ is aiming to support and empower local content and artists.