Music
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December 15, 2017
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Hi,
This week we have a ton of updates on all the streaming services and the moves they are making.
Pandora has added an on-demand advertising function which allows users to watch an ad and then get free streaming.
Deezer has expanded into Japan with the help of some pretty big partners.
Spotlite, a livestreaming app self-described as "American Idol meets musical.ly", just raised some funding.
Catch up on some other streaming related articles in our digest this week.
Have a great weekend!
Corey
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Music Business Worldwide
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Music Business Worldwide
Pandora is taking on the likes of Spotify and Deezer with its own on-demand, ad-supported ‘free’ music service.
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Andrew Wooden
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Music Business Worldwide
Streaming service Deezer is launching in Japan in partnership with Onkyo & Pioneer and Yamaha.
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Megan Rose Dickey
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TechCrunch
Described to me as “American Idol meets musical.ly,” startup Spotlite recently raised more than $10 million from Sequoia Capital and BlueRun Ventures. The plan is to use the funding to build out the product, make key hires and expand its marketing and advertising efforts.
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Kristin Westcott Grant
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Forbes
One of the goals of the industrial revolution was to have machines simulate physical tasks to produce outputs more efficiently. Fast forward to the present. The purpose of artificial intelligence, also known as AI, is to simulate any mental task.
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Steve Olenski
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Forbes
Streaming music has arrived in a major way. It’s become the preferred medium of music consumption and a key growth engine for music industry sales, accounting for 62% of the U.S. music business. There’s an ongoing battle for dominance between Spotify, Apple, Google and Amazon for a slice of the music business that is expected to remain on a strong growth trajectory.
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