According to a new report from music analytics firm Next Big Sound, consumers streamed more than one trillion songs during the first six months of this year. The report acquired data from Pandora, Rdio, SoundCloud, Spotify, Vevo, Vimeo and YouTube. While digital downloads and CDs continue to experience a decline, streaming music generated $1.87 billion last year. Streaming music is clearly on the rise (Next Big Sound cites only 450 billion streams for all of 2014), yet companies are still looking for opportunities to profit. Continue reading Music Fans Have Already Streamed One Trillion Songs in 2015

SoundCloud, which has mixed music and community for eight years, now boasts 150 million registered users who have uploaded over 100 million tracks and clips. Such artists as Prince, Snoop Dogg, Beyoncé and Drake have used the platform to release special tracks, remixes and promos. But as SoundCloud transitions from a free service with unlicensed content to one that licenses content and shares revenue, it teeters between two different creative models and the potential of a major breakthrough or bust. Continue reading SoundCloud Signs Warner, Grows Mix of Music and Social Media

Despite the rise of online streaming music services, the “local nature” of radio makes it the most popular platform for music discovery. According to Nielsen, some 243 million people still tune in to radio each week and 51 percent of listeners use radio to discover new music. That’s more than the number of people that find new music on services like YouTube or Spotify, but many music consumers use a combination of both traditional radio and online services to listen to their favorite tunes. Continue reading Studies Show Listeners Still Turn to Radio for Music Discovery

Cellular company T-Mobile announced last week that it has added 14 new streaming services that will not count towards its customers’ data caps. Google Play Music and other specialty music services are now part of the Music Freedom program, but the deal raises questions about T-Mobile’s role in net neutrality. The FCC also told the company that it needs to be more transparent about throttled Internet speeds for customers who have exceeded their data allowance. Continue reading T-Mobile Adds Music Streaming, Stops Hiding Slower Speeds

In the wake of Taylor Swift’s stand against Spotify, a number of music companies are considering pulling their artists’ songs from YouTube and free music services. Global Music Rights (GMR) demanded that YouTube stop playing some 20,000 songs from its artists, including music composed by John Lennon, the Eagles, and Pharrell Williams. Sony is also considering pulling the music of its artists such as One Direction, Calvin Harris, and Carrie Underwood from Spotify. Continue reading YouTube, Online Music Services Face New Wave of Opposition

With about 175 million current users, SoundCloud far exceeds Spotify and Pandora, which combine for a total of about 116 million users. And while SoundCloud has yet to build any sort of real business with these numbers, it recently agreed to partner with a major record label. Rather than taking a traditional licensing route with its new Warner Music Group deal, the music-streaming site will offer WMG the option to advertise on some of its songs and share revenue with SoundCloud. Continue reading Warner Music Group Partners with SoundCloud for Digital Edge

One of France’s largest banks, Group BPCE, is teaming up with Twitter to let their customers transfer money to friends or charities via tweets. Payments will be managed by the bank’s S-Money service that allows transfers via text messages and uses credit-card security standards. Twitter users can also now listen to select iTunes and SoundCloud tracks via a new audio feature launched last week. Users can listen to music while reading tweets, and even buy tracks directly from the iTunes store. Continue reading Twitter Launches Money Transfers and Access to Music Tracks

Streaming is the new face of digital music consumption, according to Nielsen’s 2014 Mid-Year Music Industry Report. In the U.S., on-demand streaming was up 42 percent from last year with over 70 billion songs (audio and video) streamed in the first half of 2014. Digital track downloads fell 13 percent to 593.6 million, compared with 682.2 million last year. The entire music industry’s sales, including albums, streaming, and downloads, dropped 3.3 percent. Continue reading Music Streaming Up 42 Percent While Digital Downloads Fall

Popular websites have been scrambling to update software and Internet users have been encouraged to change their passwords following the news of an encryption flaw known as the Heartbleed bug, which is already being categorized as one of the biggest security threats the Internet has ever experienced. The bug has affected a number of websites and services (although the extent is not clear), and may have exposed account info including passwords and credit card numbers going back two years. UPDATE: Cisco and Juniper said yesterday that some of their networking products contain the bug, which means sensitive info may have been obtained while moving across corporate networks, home networks and the Internet. Continue reading Bug Causes Scramble to Update Software and Change Passwords

Turntable.fm founder Billy Chasen announced that the service is officially closing, “ending one of the most compelling experiments in music discovery to ever hit the Web,” suggests The Verge. Chasen attempted to play by the rules, paying every time a song was streamed, which eventually proved to be too expensive. He believes that the music industry is stifling innovation and digital startups. For his next venture, Chasen is going social with Ketchup, a free app he launched last month. Continue reading Billy Chasen Shutters Turntable.fm, Launches New Social App

The newly revamped social service Myspace continues to attract an audience following its debut — with 31 million visitors and 995,000 app downloads reported in its first 14 days. It has also redesigned its mobile app and is launching a major marketing campaign to target millennials, with their music tastes and interests in mind. However, the service may still need to address issues related to offering unlicensed content from independent labels. Continue reading Redesigned Myspace Continues to Build Millennial Audience

Online music startup Shuffler.fm is expanding with the launch of its own online music video service. ShufflerTV curates popular videos from leading online music magazines and blogs to provide users with continuous streaming music videos via individual stations. The new system also allows users to skip songs, preview what’s next on their playlists, subscribe to stations, and share favorites through social media including Facebook and Twitter. Continue reading Shuffler.fm Launches New Online Music Video Channels

Twitter launched a standalone music app this weekend for a handful of “influencers.” The app, expected to be publicly available in a week, uses technology from music discovery site “We Are Hunted.” The Australian startup has been working with the social media giant to create an app called “Twitter Music,” which suggests music based on which accounts a user follows, and offers new tracks from favorite artists and up-and-coming musicians. Continue reading Twitter Music: New App Powered by We Are Hunted Site

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

Streaming music startup Serendip began offering its “lean back” music discovery service to mobile devices this week with the debut of the Serendip iOS application. Similar to its Web version, the new app offers a “continuous stream of the music popular among friends, or others you’ve dubbed your ‘music soulmates,”’ explains TechCrunch. Continue reading Serendip Media: Music Discovery Service Launches iOS App