TodayInMusic: Pandora adds Chernin and ex-Netflix CFO to board

February 4, 2011

Pandora_Tim Westergren11Pandora, the popular Internet radio service, has expanded its board membership with two heavyweights of the media world: former News Corp no.2 Peter Chernin and former Netflix CFO Barry McCarthy.

TodayInMusic: Rdio gets $17.5 mln funding, Warner exec on board

February 3, 2011

Niklas Zennstrom Skype

Rdio, the social media music service backed by the founders of KaZaa and Skype, has raised another $17.5 million in its latest round of funding.

Today In Music: Rhapsody’s added 100,000 new subscribers since April

January 20, 2011

JonIrwin1Rhapsody, one of the pioneers of music subscription services, has added more than 100,000 net new subscribers since the company was restructured in April President Jon Irwin (pictured, left) told Reuters. This means they’ve overcome  a long period of slow or no  growth during which its two major owners Real Networks and MTV Networks tried to figure out what to do with the business amidst the usual issue of conflicting agendas in  joint ventures.

Today In Music: Q&A with Tim Westergren founder of Pandora

January 20, 2011

Q&A: Tim Westergren, Founder Pandora

Pandora_Tim Westergren11Pandora is the leading Internet radio service in the United States with more than 75 million registered listeners  claiming more than 50 percent of that market using its free service. It is one of the top five most download apps across smartphones and mobile platforms like iPhone, Android and BlackBerry according to Nielsen research with more than 50 million total mobile downloads.

Today In Music: Sony Music boss invests in start-up, fuels exit speculation

January 19, 2011

Doug Morris UMGSony Music Entertainment Rolf Schmidt-Holtz’s personal investment in Hamburg-based entertainment technology company TeVeo has sparked off speculation that his departure is imminent — which it almost certainly is, but not necessarily because of his investment.

Today in Music: BMG keeps rebuilding publishing empire with Fuji deal

January 18, 2011

Bertelsmann’s BMG Music Rights has continued to expand by agreeing to a deal to manage the song catalogs of Fuji John Lee HookerEntertainment America’s ARC Music, Six Palms Music and Third Story catalogs in a worldwide deal everywhere outside of Japan and South East Asia.

Today In Music: Spotify U.S. not imminent, “not even in Q1″

January 14, 2011

daniel_ek_closeupWe hate to hit replay on this one but following New York Post’s story today that European streaming music service Spotify is close to a deal with Sony Music and thereby close to launch we decided to call a few people to confirm.