Looks like Rhapsody’s carrier deals are starting to pay off: The streaming music service now has 2.5 million paying subscribers around the world, and grew its subscriber base 60 percent over… Read more »
German TV conglomerate ProSiebenSat.1 has acquired a significant stake of the European music streaming service Deezer, according to a report by local newspaper Die Welt. The companies didn’t release any details… Read more »
Samsung is shutting down its Music and Books Hub services this summer. The move is part of a larger reorganization of its content services. Read more »
Music discovery startup Exfm announced this week that it will shut down for good on May 19. Exfm first announced that it was going to shut down late last year, at… Read more »
I’ve been testing Sonos’ new entry-level Play:1 speaker for a little over a month now, and I’ve learned to love the device, but also gotten frustrated by some of its shortcomings… Read more »
Beats Music will launch its music subscription service in January, likely at CES, and the company is partnering with AT&T to get on people’s mobile phones. Read more »
Rumors of the death of the digital music industry are greatly exaggerated, says former Last.fm executive Matthew Hawn. While there may not be much room for profiting from recorded music any… Read more »
That shift in listening from recordings to streaming services marks an acceleration and amplification of the broader shift in the music business from a an economy based on the sale of… Read more »