Multiple sources suggest that Peter Chernin, former president and chief operating officer of News Corp., has formally bid around $500 million for Hulu through his Chernin Group holding company, reports Reuters. Chernin helped launch the online video streaming service in 2007, which is currently controlled by Disney and News Corp. (co-owner Comcast relinquished corporate control as a concession when purchasing NBCUniversal). Continue reading Insiders Say Peter Chernin Bidding $500 Million for Hulu

Amazon already offers its AutoRip service, which began in January and provides free digital copies of purchased physical CDs. The company has just announced an extension of that service to include purchased vinyl records from Amazon dating back to 1998. For every vinyl purchase, Amazon will provide MP3 versions to the consumer’s Cloud Player immediately and for free. Every major record label is represented on AutoRip. Continue reading Amazon AutoRip Service Updated to Include Vinyl Records

ReDigi, the online platform that allows consumers to buy and sell used MP3 files that were initially purchased legally through retailers such as iTunes, has been deemed unlawful by U.S. District Judge Richard Sullivan. The case considered the first sale copyright doctrine, which gives people in possession of copyrighted materials the right to resell them. But the judge ruled that this first sale theory does not apply to the reselling of digital goods. Continue reading ReDigi: Judge Rules Reselling of Digital Goods not Legal

It seems a number of major media companies are looking to get into streaming video as it continues to grow more popular. On-demand music service Spotify is the latest company rumored to be in the planning stages of such a service, perhaps a surprise to many since its focus has thus far strictly involved music. But two sources say Spotify intends to grow into an on-demand music and video service, including original content. Continue reading Will Spotify Be Next to Develop Video Streaming Service?

Public radio broadcaster NPR, which is primarily known for its news and interview programs, has been making a name for itself in the music world. NPR is expanding its horizons with its fifth year of NPR Music, which includes online streaming and podcasts. With a variety of programs like “Tiny Desk Concert” and “All Songs Considered,” the station is providing unique opportunities for lesser known artists and established acts. Continue reading NPR Music Hits a High Note with Eclectic Music Programs

Twitter is leveraging last year’s acquisition of music discovery service We Are Hunted to build a standalone music app. Twitter Music could be released on iOS as early as the end of this month, suggest insiders. The service will reportedly recommend artists and songs based on the accounts a user follows on Twitter. The music will be streamed to the app via SoundCloud. Continue reading Twitter Expected to Soon Launch Standalone Music App

With the launch of Vevo TV — a 24-hour live stream of curated programming — Vevo has taken an additional step toward becoming a full-fledged music television network. The new channel uses MTV-like VJs and is available on the Web and mobile devices, as well as via Roku boxes and Xbox 360 gaming consoles. Looking ahead, the company hopes to take Vevo TV to cable distributors and have it compete with the likes of MTV and VH1. Continue reading Vevo TV Streaming Music Platform is All About Devices

Amazon and Apple, today’s biggest forces in electronic goods, are separately pursuing a digital marketplace, where items such as e-books, music, movies and software can be bought, sold and exchanged. The Apple system would enable this to happen through file transfers. However, the system would limit the digital copy to one user at any given time. Will content producers eventually see their work devalued in such a marketplace? Continue reading Are We Closer to a Marketplace for Used Digital Content?

Apple CEO Tim Cook met with Beats Electronics CEO Jimmy Iovine during a recent visit to Los Angeles, according to three people familiar with the matter. The execs met to discuss the business model and rollout plans of Beats’ Project Daisy, a subscription music service announced in January with little detail. The sources suggest Apple may be interested in a potential partnership. Continue reading Will Apple Team with Beats for Streaming Music Service?

YouTube is reportedly planning to launch a subscription streaming music service later this year, that could take on existing services such as Spotify and Pandora. The company is expected to offer a subscription plan that will likely overlap with new features coming to its Android music platform, Google Play. With the subscription, users will have access to new features, including ad-free music streaming. Continue reading YouTube May Launch Subscription Streaming Music Service

Rising royalty costs are causing a problem for Pandora, the popular music streaming service that will now have to limit the amount of free music users can access on mobile devices. According to a blog post from Tim Westergren, the company’s founder, users will face a limit of 40 hours per month on mobile devices, a change to take effect this week on the free streaming service. Continue reading Pandora Limits Free Mobile Streaming Due to Royalty Costs

According to numbers from global information company The NPD Group, illegal music file sharing declined in 2012, quite significantly when compared to peer-to-peer sharing’s height in 2005. This year the number of consumers using P2P services to download music declined by 17 percent compared to one year earlier. In 2005, a total of 33 million people used these services, while 21 million used P2P in 2012. Continue reading Annual Music Study Shows Illegal Activity Decline in 2012

Due in part to growing demand in developing markets, digital music and streaming services are driving renewed health for the music industry, according to a report from global music trade body, the International Federation of the Phonographic Industry (IFPI). Digital revenues climbed $500 million worldwide in 2012 for a total of $5.6 billion, representing a nine percent increase over 2011. Continue reading Music Industry Sees Worldwide Growth, Led by Streaming

SoShare is a new tool from BitTorrent designed for sending large files from person to person, allowing users to send bundles of up to 1TB for free. The app combines BitTorrent file transfer technology with cloud caching, so users can access files even when the sender is offline. The SoShare software — which targets media creators such as musicians, photographers and filmmakers — keeps files available for up to 30 days. Continue reading BitTorrent Launches SoShare App for Sharing Media Files

The streaming music service Deezer has announced partnerships with Samsung, Toshiba and LG that could possibly make the Deezer app available to some 600 million people across more than 150 countries. However, the deals are limited in scope since Deezer will initially only be available on Samsung smart TV models produced from 2011 (Europe only) and LG models from 2011 (worldwide). Deezer does not have a deal in place for the U.S. Continue reading Deezer Expands Global Music Streaming with Smart TV Deals