Archive for category: music

Tribune Completes $170 Million Deal for Emeryville-Based Gracenote
/ February 3, 2014 3:20 pm
Tribune Completes $170 Million Deal for Emeryville-Based Gracenote

Tribune, the Chicago-based media giant, said on Monday it has completed its $170 million acquisition of Emeryville-based Gracenote from Sony Corporation of America. The deal was first announced in December. Gracenote maintains a database containing data on more than 180 million music tracks, which is then used to power streaming music services such as iTunes. Read More

Smithsonian Launches Online Tribute to Folk Legend Pete Seeger
/ January 30, 2014 5:31 pm
Smithsonian Launches Online Tribute to Folk Legend Pete Seeger

Smithsonian Folkways, a nonprofit record label of the National Museum of the U.S., has launched an online tribute to legendary folk singer Pete Seeger, who died Monday at the age of 94. The site, available at the link below, features a detailed biography, as well as numerous video and audio clips from the artist's nearly 90-year career. Read More

FX Networks and Box CEOs Join DEW Keynotes
/ January 29, 2014 11:59 am
FX Networks and Box CEOs Join DEW Keynotes

From DMW: Digital Entertainment World (DEW) today announced that Box CEO Aaron Levie and FX CEO John Landgraf have been added to the event’s all-star keynote line-up. Landgraf – Adweek’s 2013 TV Executive of the Year – will join NBCUniversal’s lead IP protection counselor Rick Cotton for a keynote conversation on Tuesday afternoon, February 18, entitled “How Illegal Pirate Sites are Harming the Creative Community and New Strategies to Take the Profit Out of Piracy.” . Read More

SoundCloud Raises $60 Million at a $700 Million Valuation
/ January 27, 2014 5:38 pm
SoundCloud Raises $60 Million at a $700 Million Valuation

TechCrunch reports that SoundCloud has raised $60 million at a $700 million valuation in its Series D round. The funding round was led by Institutional Venture Partners with the Chernin Group, and participation from previous investors including Kleiner Perkins Caufield & Byers, GGV Capital, Index Ventures and Union Square Ventures. SoundCloud’s goal is to be the number one audio platform on the web. . Read More

Neil Young Plans to Launch High-End Digital Music Player at SXSW
/ January 23, 2014 3:22 pm
Neil Young Plans to Launch High-End Digital Music Player at SXSW

Noise11 reports that Neil Young plans to launch his new music player PONO at the SXSW music conference in Austin, Texas in March. PONO is a high-end digital music player that plays at studio quality and will be billed as the hi-tech alternative to low quality MP3 players such as the iPod. . Read More

Rdio to Provide Free Streaming on the Web
/ January 17, 2014 3:56 pm
Rdio to Provide Free Streaming on the Web

TechCrunch reports that Rdio will now provide free ad-supported streaming from its website. The company will generate revenue from advertisements for the free version, which will provide users with music, new feature announcements, messages from partner brands, and other content. Read More

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Digital Music News: Beats Music to Offer Same Royalty Rate to Everyone
/ January 13, 2014 4:12 pm
Digital Music News: Beats Music to Offer Same Royalty Rate to Everyone

DigitalMusicNews reports that Beats Music, which is set to launch on January 21, has declared that it will offer the same royalty rate to all artists, major or indie. This streaming music service, led by Interscope chief Jimmy Iovine, Luke Wood, Dr. Dre, Ian Rogers and Trent Reznor of Nine Inch Nails, announced that it will be a premium service without a free tier, unlike most of its competitors, and will pay the same royalty rate to all the artists. . Read More

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