Pandora CEO Tim Westergren is stepping down from the role, according to sources who have spoken to Recode. Meanwhile, AdNews has reported that the streaming service's operations in Australia and New Zealand are closing down, meaning it will become a US-only business once again.
A co-founder of the streaming business, Westergren was also CEO at Pandora in the early days of the company. He returned to the position last year, to the displeasure of some investors. Major shareholder Corvex...
Posted on: 28/06/2017Categories: News from CMU Online
Teens value video platforms for music discovery and social engagement, but, as they develop as music consumers, look to audio streaming services and are more prepared to pay for music.
The latest in a regular series of Insight Sessions was held earlier this week (27/6), unveiling new music research by Mark Mulligan of MiDiA Research – Generation Z: Meet the Young Millennials.
The report for BPI/ERA explores the music consumption habits and social media behaviour of today's...
Posted on: 28/06/2017Categories: News from RotD
BIME Pro will return October 25th- 28th 2017 to celebrate its fifth anniversary in Bilbao, with what promises to be its most diverse and inspiring conference line up to date.
The annual music, tech and games get together is the largest meeting point in Europe for Latin American entertainment industry executives, allowing them to network and explore ideas with a wider multinational audience.
BIME Pro 2017 will be held once again at the BEC! Centre in Bilbao, with a host of speakers...
Posted on: 28/06/2017Categories: News from RotD
Singer-songwriter Andy Partridge has signed a worldwide deal with Warner/Chappell Music (WCM), the music publishing company of Warner Music Group. The deal covers his most recent solo releases and all of his ongoing songwriting.
Best known as the co-founder, main songwriter, guitarist and lead vocalist of the band XTC, Partridge has also written for other artists ranging from Jamie Cullum to The Monkees in a career spanning five decades.
Posted on: 28/06/2017Categories: News from RotD
The Kobalt gang have bought up the neighbouring rights and music publishing units of rights management firm Fintage House and yes, I know what you thinking, that deal "matches Kobalt's ongoing commitment to more efficiency and transparency in the industry with Fintage House's renowned business ethic in enriching basic collection models with high-end service, innovation and operational excellence". And you're right. That's exactly what this deal does. Well done. Have a penny chew to celebrate.
Posted on: 27/09/2016Categories: News from CMU Online
London mayor Sadiq Khan has pledged to introduce the 'agent of change' principle in the capital to help protect cultural venues from the licensing woes that can be caused by property developers plonking new residential properties alongside their buildings.
As previously discussed, the introduction of this rule would mean that when new flats are built near a venue, the responsibility to protect against noise bleeding into the new properties would fall to the developer, rather than the venue....
Posted on: 27/09/2016Categories: News from CMU Online
As Pandora attempts to convince more people to pay for its personalised radio service and soon-to-launch on-demand streaming platform, the company has hired former Apple marketing exec Nick Bartle.
Announcing the news, Pandora CEO Tim Westergren said yesterday: "From the moment I met Nick, his ability to make a substantial and immediate impact on Pandora was clear. Nick brings a deep understanding of consumer marketing and strategic communications from years of experience with the world's...
Posted on: 27/09/2016Categories: News from CMU Online
The operator of MusicToday, the US merch-focused direct-to-fan company, has filed for chapter eleven bankruptcy protection, because that's what all the cool kids are doing these days.
"This is a very positive development for our company and our customers", reckons the boss of MusicToday's parent company Delivery Agent, Mike Fitzsimmons, who sees the bankruptcy process as an opportunity to restructure the company to enable it to move forward.
Posted on: 27/09/2016Categories: News from CMU Online
The Youth Music charity will open an art exhibition in London this week under the title 'Art In The Corner' showing original works by musicians, including Florence Welch, Brian Wilson, Elvis Costello, The Specials' Jerry Dammers and more.
All the artworks being exhibited were created for the show, which was inspired by the 50th anniversary of 'Images Of A Woman', the only known painting produced collectively by The Beatles. All the exhibited works were made using the same materials available...
Posted on: 27/09/2016Categories: News from CMU Online
The decision by performance rights organisation Societe d'Auteurs Belge Auteurs Maatschappij (SABAM) to increase the tariff for festivals and concerts has been met with anger by industry figures.
SABAM has laid out plans to implement a tariff rise, which will see festivals generating more than €3.2 million ($3.6m) moving from a 2.5 per cent rate to 3.5 per cent, from 1 January. Concerts bringing in over €400,000 ($450,000) will also have to pay 5.75 per cent, instead of the current...
Posted on: 27/09/2016Categories: News from Audience Magazine