Coca-Cola, which is no stranger to music-related marketing, is taking a minority stake in Spotify. The deal is part of a new round of financing expected to bring in $100 million and value the music service at $3 billion. Read More

Remember Mark Zuckerberg’s love of “frictionless sharing,” the philosophy that everyone wanted to share everything, so Facebook would do it for you? It’s starting to look like Facebook wishes you’d forget. Read More

When it comes to digital music, Apple and Pandora are the market leaders in their respective sectors, according to a new report from the NPD Group. Read More

In an indication of music services’ growing sophistication, music intelligence platform the Echo Nest has closed a $17.3 million financing round led by Norwest Venture Partners. Read More

Yahoo and Spotify announced a global content distribution and promotion agreement, a deal which eliminates Rhapsody as Yahoo’s on-demand music partner. Read More

Facebook today unveiled its own App Center, a move that will broaden its revenue base as it prepares for its floatation. Read More

Apps made for creating, sharing and socializing around videos may be cutting into user's time spent with YouTube, according to new research from apps analytics firm Flurry. Read More