Category Archives: Music Stream

Spotify’s latest feature could put DJs out of a job

Beyond the ability to re-create club music in a very convincing way, the algorithm that Spotify has cooked up here has some neat implications: One day you might be able to get personalized sets from your favorite artist, seamlessly mixed together or radio stations that can offer non-stop, personalized and seamless entertainment all without any work on Spotify’s part, effectively replacing terrestrial radio. – Nick Pino, TechRadar

‘Despacito’ Sets YouTube Record as First Video to 5 Billion Views

The official video of the catchy Spanish-language track, featuring Puerto Rican rapper Daddy Yankee, on Wednesday surpassed 5 billion views on YouTube — becoming the first video in the platform’s history to hit that watermark. – Todd Spangler, Variety

Spotify says 2 million users suppressed ads on its free service

That’s not an insignificant number, and it’s understandable why Spotify is cracking down on them. As the company explains in an amended F1 filing with the SEC this week, these users forced the company to adjust its metrics and key performance indicators. The disclosure notes, “Unauthorized access to our Service may cause us to misstate key performance indicators, which once discovered, corrected, and disclosed, could undermine investor confidence in the integrity of our key performance indicators and could cause our stock price to drop significantly.” – Swapna Krishna, Engadget

iHeartMedia Files for Chapter 11 Bankruptcy Protection

Among the music companies listed as creditors on the iHeart docket are Nielsen (owed $20 million); SoundExchange ($6.4 million); Warner Music Group ($3.9 million); Universal Music Group ($1.3 million); and Spotify ($2.1 million). Performance rights organizations ASCAP and BMI are each owed slightly over $1.4 million while Global Music Rights is looking at a $2 million debt. – Gene Maddaus, Variety
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