How Kobalt is betting on music’s middle class and DIY stars

Streaming services have made music ubiquitous, driving more exploration by consumers who don’t have to pay for each song or album individually. Musicians are correspondingly able to find their own niche of fans scattered around the world. (This is the third installment of our EC-1 series on Kobalt Music Group and changes in the music […]

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How Kobalt is betting on music’s middle class and DIY stars

Streaming services have made music ubiquitous, driving more exploration by consumers who don’t have to pay for each song or album individually. Musicians are correspondingly able to find their own niche of fans scattered around the world. (This is the third installment of our EC-1 series on Kobalt Music Group and changes in the music […]

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Spotify acquires SoundBetter, a music production marketplace, for an undisclosed sum

Spotify today took another step in its efforts to build out services for artists to help diversify itself away from a business model predicated on paying music streaming royalties to labels: it has acquired SoundBetter, a music production marketplace for artists, producers, and musicians to connect on specific projects; and for people who are looking to […]

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Paid streaming music subscriptions in U.S. top 60M, says RIAA

Streaming music subscriptions continue to drive the U.S. music industry’s growth and revenues, according to a new report from the Recording Industry Association of America (RIAA) released this week. The organization said total music revenue grew 18% to $5.4 billion in the first half of 2019, with streaming music accounting for 80% of industry revenues. […]

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Spotify expands its new Premium Duo plan to Latin America

Spotify’s newest paid subscription, the Premium Duo plan designed for two people, first launched this spring as a pilot test in Ireland, Colombia, Chile, Denmark, and Poland. Today, Spotify says the plan is being more broadly rolled out to 14 more Latin American markets. The new markets include: Argentina, Bolivia, Costa Rica, Dominican Republic, Ecuador, […]

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Roku launches two new audio devices: a Smart Soundbar & Wireless Subwoofer

Last year, Roku entered the speaker business with the debut of the Roku TV Wireless Speakers. Today, it’s expanding its portfolio of audio products with the launch of two new products: the Roku Smart Soundbar and Roku Wireless Subwoofer, both at $180 each. Like the wireless speakers, the soundbar and subwoofer are meant to give […]

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Roku launches two new audio devices: a Smart Soundbar & Wireless Subwoofer

Last year, Roku entered the speaker business with the debut of the Roku TV Wireless Speakers. Today, it’s expanding its portfolio of audio products with the launch of two new products: the Roku Smart Soundbar and Roku Wireless Subwoofer, both at $180 each. Like the wireless speakers, the soundbar and subwoofer are meant to give […]

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AT&T’s CEO of Communications, John Donovan, to retire in October

John Donovan, CEO of AT&T Communications, announced today his plans to retire effective October 1, 2019. Donovan has for the past two years led AT&T’s largest business unit, which services 100 million mobile, broadband and pay-TV customers in the U.S., as well as millions of business customers, including nearly all the Fortune 1000. The news […]

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SiriusXM undercuts rivals with a $4 per month student subscription

SiriusXM is making its streaming service more affordable for younger consumers with the launch of a new subscription package for college students. While SiriusXM’s Premier package is $12.99 per month, the new streaming-only student offering will be just $4 per month — a 69% discount. This comes in a dollar less than competitors’ student plans, […]

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Netflix’s new feature for tracking upcoming releases could help retain subscribers

Hoping to keep viewers engaged with its content, Netflix today announced the launch of a new section called “Latest” in its TV app, designed to highlight the streaming service’s recent and upcoming releases. The addition isn’t just another row or two within the main Netflix homepage. Instead, the “Latest” section gets its own dedicated area […]

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