Day: 7 février 2019

Sandbox Issue 221: Fake Views. Lies, damned lies and music statistics

Lead: Smoke and mirrors have always been part of music, but when it comes to data, truth is starting to play second fiddle to hype. The nefarious and ruthless are finding ways to “massage” social media and streaming numbers while offering the desperate and gullible a quick fix. But the platforms are getting wise to […]
The post Sandbox Issue 221: Fake Views. Lies, damned lies and music statistics appeared first on Music Ally.
Source: Music ally

Podcasting startup Himalaya Media raises $100m funding round

It’s the week for big podcasting news. Spotify has made waves with its acquisitions of Gimlet Media and Anchor, but other podcasting firms are also capitalising on current interest in the medium. US startup Himalaya Media, for example, has raised $100m in funding to push its podcast-listening app and distribution platform. The app launched in […]
The post Podcasting startup Himalaya Media raises $100m funding round appeared first on Music Ally.
Source: Music ally

Calm raises $88m: should meditation be on Spotify’s audio radar?

Spotify said yesterday that podcasts are just the ‘start’ of its ambitions to focus on all forms of audio. What next? We’d suggest that meditation / mindfulness will be high on the company’s radar – and not just because one of its first subscription-bundle partnerships was with meditation app Headspace back in 2016. Investor interest […]
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Source: Music ally

88% of British adults are still listening to radio stations

Taking a bite out of broadcast radio is at the heart of Spotify’s move into spoken-word content – and is high on the agenda for other streaming services too. The opportunity (but also the challenge) is illustrated by the latest figures from British radio-measurement body Rajar. It says that 88% of the UK population – […]
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Source: Music ally

Sonos share-price plunges after it reveals CFO to step down

It’s a compliment, of sorts, if your company’s share-price falls by 15% after you announce plans to step down. Although we doubt Mike Giannetto will be celebrating: he won’t quit as Sonos’ chief financial officer until later in 2019, so for now, that share-price remains his problem to worry about. In fairness, the plunge wasn’t […]
The post Sonos share-price plunges after it reveals CFO to step down appeared first on Music Ally.
Source: Music ally

Gimme Radio launches crowdfunding and plans country expansion

Metal-focused streaming-radio startup Gimme Radio is raising money, but through equity-crowdfunding rather than turning to VC firms. The company has launched a campaign on crowdfunding platform SeedInvest. It’s trying to raise $1.5m with a minimum amount of $500 per investor, and if it succeeds, Gimme Radio would be valued at $6m. The campaign also offers […]
The post Gimme Radio launches crowdfunding and plans country expansion appeared first on Music Ally.
Source: Music ally

PledgeMusic suspends contributions to its active campaigns

Crowdfunding firm PledgeMusic’s efforts to dig itself out of its current financial troubles continues: this time with a suspension of all active campaigns running on its platform. Billboard reported that PledgeMusic announced the news in an email sent to artists. It follows the company’s public statement last week apologising for delays in paying artists. “The […]
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Source: Music ally

Music/tech startup Musiio raises $1m seed-funding round

Singapore-based music/tech startup Musiio has raised $1m in seed fundingfrom investors including Wavemaker Partners, Exponential Creativity Ventures and other angel investors. The startup uses artificial-intelligence technology to analyse catalogues of music for a range of clients. As its CEO Hazel Savage explained at the recent NY:LON Connect conference, the company can power automated search through […]
The post Music/tech startup Musiio raises $1m seed-funding round appeared first on Music Ally.
Source: Music ally

Major label WMG now has… a president of independent music?

It may raise a few eyebrows to learn that major-label Warner Music Group now has an executive role whose title includes ‘president of independent music’. Actually, it’s not a surprise: the company’s new president of independent music and creator services is Eliah Seton, who’s been promoted from his previous position as president of ADA Worldwide, […]
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Source: Music ally

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