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Sirius XM Invests $75M In SoundCloud
Tuesday, February 11, 2020 - 9:20am | 250Read More...SiriusXM Holdings Inc. (NASDAQ: SIRI) announced on Tuesday it has invested $75 million in SoundCloud. SoundCloud already has a relationship with Pandora, which SiriusXM bought in 2019. This latest agreement will enable advertisers and brands to purchase SoundCloud's U.S. ad inventory directly...
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5 Sectors Millennials Prefer To Consumer Goods, And The Stocks That Prove It
Thursday, July 13, 2017 - 3:08pm | 1482Read More...Jim Cramer recently said on "Mad Money" that the boom in travel and leisure stocks is a direct result of millennials’ activity. Specifically, millennials are increasingly disinterested in consumer goods. “They don't have much of a yen for material goods anymore. They want...
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Pandora Vs. Spotify Vs. Apple Music Vs. Soundcloud: Which Is Better For The Artist?
Monday, October 17, 2016 - 5:03pm | 743Read More...Pandora Media Inc (NYSE: P) has rolled out is new Artist Marketing Platform (AMP), which features a number of marketing tools that artists can use to promote their music. Streaming music services have gotten a lot of criticism lately for how little they pay artists for their music. Taylor Swift...
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A Better Entry Point For Pandora Is Almost Here, Victor Anthony Says
Wednesday, June 15, 2016 - 2:54pm | 677Read More...Victor Anthony of Axiom said due to competitive headlines of late, an entry point is emerging for Pandora Media Inc (NYSE: P). The analyst maintains his position that Pandora is an acquisition target, and he feels a sale price above $20 seems reasonable. Chatter In The Space The expansion of on-...
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Twitter Invests A Big Chunk Into SoundCloud
Tuesday, June 14, 2016 - 4:22pm | 210Read More...Amid numerous buyout rumors, Twitter Inc (NYSE: TWTR) made a quite big move in the music industry. Recode reported the social media giant invested $70 million in music service SoundCloud. A couple of years ago, several media outlets reported Twitter was trying to buy SoundCloud. However, the...
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Positive Spotify Earnings; Pressure Grows In Online Music Streaming Market
Tuesday, May 24, 2016 - 9:18am | 292Read More...Spotify's revenue has risen to $2.1 billion over the course of 2015, and it has double in growth from the previous year, Reuters reported. Subscriptions to Spotify's premium service made up 91 percent of the income generation. With the massive increase in revenue, Spotify also saw a large increase...
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Is SoundCloud Planning On Competing With Apple And Pandora?
Tuesday, June 2, 2015 - 9:03am | 360Read More...Berlin-based startup, SoundCloud, is reportedly looking to compete directly with the likes of Apple Inc. (NASDAQ: AAPL), Pandora Media Inc (NYSE: P), and Spotify. According to TechCrunch, a leaked contract suggests that that SoundCloud would pay royalties equivalent to 10.5 percent of its...
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ChangeTip Allows Fans To Tip Their Favorite Musicians In Bitcoin
Thursday, May 14, 2015 - 1:53pm | 338Read More...ChangeTip has marketed itself as a "money layer for social media," meaning that the company allows users to send each other virtual tips for things like enjoyable YouTube videos, insightful reddit comments and now – great songs. On Wednesday, the company announced that it would use SoundCloud...
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Tweet To A Beat; Twitter Unveils Audio Card
Thursday, October 16, 2014 - 5:20pm | 83Read More...Twitter (NASDAQ: TWTR) just introduced Twitter Audio Card, a new initiative to listen to audio and music. Tweeters can tap on an embedded audio right from a tweet and play the audio while still continuing to navigate Twitter. The company is partnering up initially with SoundCloud, a streaming...
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SoundCloud Moves Into The Advertising Realm
Thursday, August 21, 2014 - 2:06pm | 310Read More...SoundCloud, a fast-growing privately held music streaming service, launched a plan to carry advertising for the first time Thursday. "I am very optimistic," SoundCloud investor Fred Wilson said in a post Thursday on Business Insider. Wilson, a partner in Union Square Ventures, is...
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A Look At How Twitter Could Fund A Nearly $1 Billion SoundCloud Acquisition
Monday, May 19, 2014 - 4:17pm | 460Read More...Twitter (NYSE: TWTR) is rumored to be considering the acquisition of SoundCloud, according to the web site Re/code. SoundCloud is a music streaming site with 250 million users, the same amount as Twitter. SoundCloud is worth at least $700 million, based on a $60 million round of funding the...
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Are Startup Funds About to Deplete?
Thursday, August 4, 2011 - 2:09pm | 210Read More...Another economic collapse might be on its way. And it could be bigger than the disaster of 2008. That's according to Union Square Ventures partner Albert Wenger, who shared his fears on his blog at Continuations.com. “Now I don't have a crystal ball,” Wenger wrote. “The markets might well bounce...
