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Corporate Corner
TuneIn Loses Its Massive Copyright Infringement Suit In the UK
Bloomberg is reporting that two major record labels have won a copyright infringement lawsuit against TuneIn in the United Kingdom for streaming music without a license. Earlier today, Judge Colin Birss in London found in favor of Warner […]
SKE Records Taking Over With Billboards Nationwide
SKE Records, the independent music label brand is even growing bigger. Started by founder Quinton “Q The Question” Hatfield who is a Philly native. The recognition of the label has grown and they now have […]
Katy Perry, Justin Timberlake, Will Smith Lead $11 Million Round for Sandbox VR
Sandbox VR, a startup that offers retail locations where people can play virtual reality games with each other, is raising some serious cash. Earlier, they raised nearly $70 million in a Series A funding round […]
Universal Music Says Just 22 ‘Original Masters’ Were Destroyed In the 2008 Fire – Affecting Just 5 Artists
The claims coincide with Universal Music Group’s efforts to toss a class action lawsuit carrying damages of $100 million. Perhaps the 2008 Universal Studios fire was just a bunch of billowing smoke? That seems to […]
Spotify Expands Strategic Partnership With Samsung, Bundling the App on Millions of New Mobile Devices
Spotify has expanded its partnership with Samsung, even bundling 6 months of Premium on select Galaxy devices. Last summer, Samsung officially unveiled a long-term partnership with Spotify. The new deal would allow the streaming music […]
Streaming Accounted for 75% of US Recorded Music Revenue Last Year, While Vinyl Sales Jumped 8%
Source: Digital Music News Breaking down key findings in the Year-End 2018 Report, the influential trade organization found recorded music revenue reached $9.8 billion. That’s up 12% year-over-year. Revenue from streaming music services increased 30%, […]
Pandora CEO Roger Lynch Forced Out Following SiriusXM Acquisition Approval
Pandora CEO Roger Lynch was unable to solve listener engagement issues. SiriusXM has released its operating and financial results for the fourth fiscal quarter and the full-year of 2018. The satellite radio company added 346,000 net […]