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On an investor's conference call on Thursday, Pandora Chief Financial Officer Mike Herring opened up about the company's plans for future royalty rates, why Rdio failed and took shots at Apple Music saying, "Steve Jobs eviscerated the music industry." -
Pandora Buying Rdio For $75 Million, Streaming Service Shutting Down
Pandora has announced that it has agreed to acquire several key assets from beleaguered streaming service Rdio for $75 million. The streaming service will then begin the process of filing for bankruptcy in Northern California and slowly shutter its doors for good in all markets. -
Lawsuit Against Google, Sony, Rdio, Beats Electronics and More May End Pre-1972 Music Streaming and Internet Radio
Music streaming controversy has gotten uglier as a lawsuits have been filed against Google, Sony Entertainment, Rdio, Songza, Apple's Beats Electronics and more on behalf of the music group that owns the catalogues of the Flying Burrito Brothers, Hot Tuna and Purple Sage. The results of the collective legal push could result in thousands of songs written prior to 1972 disappearing from the internet. -
Rdio Expands Into 24 New Markets in Caribbean, Central America and Asia-Pacific with Digicel Partnership
Music streaming service Rdio continues its big start to 2015 with another announcement about expanding its service into a bevy of new markets. Rdio has announced that it is expanding into 24 new markets across the Asia-Pacific, Central America and Caribbean regions. This is being done closely in liaison with mobile network Digicel. -
Rdio Officially Launches Service in India
Spotify streaming competitor Rdio has officially launched in India as per a statement. Rdio takes a big step with this move to increase its user base by adding the second most-populace country in the world of 1.25 billion people as potential listeners. Rdio boasts a library of more than 32 million songs in 43 languages from global, regional and local labels, and with the move into India will be working hard to recruit local content providers into vast networks. -
On-Demand audio streaming more than doubled in 2013 as digital downloads decrase
It seems as though a new way to consume music is the way of the future. Last year, digital downloads were down for the first time since the concept was introduced, and now it seems as though the music industry has found the cause: audio streaming.
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