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Shazam Raises $32 Million
London — Shazam, a company that develops sound identification apps for mobile phones, said on Wednesday that it has raised $32 million in its...
SoundCloud to Integrate DIY Media’s Cloud-based Solution for Social Commerce
Seattle, WA – DIY Media, a social commerce provider, today announced that music-sharing platform SoundCloud will integrate its cloud-based solution for social commerce.
The solution...
Best Buy Plans to Expand Cloud-Based Music Service to U.S.
Richfield, Minn. — Best Buy has plans to expand their U.K. online music platform to the United States, a technology supplier said, according to...
EMI Exploring Financial Options
London — EMI Group Ltd (EMI), one of the world’s major music companies, announced Monday that the Board of Directors of its holding company,...
Pandora's Shares Plunge in Days After IPO
Oakland, Calif. — After an IPO with shares priced at $16 that rose as high as $22 in early trading this week, streaming...
Report: Spotify Raising $100 Million at $1 Billion Valuation
Los Angeles - European streaming music service Spotify is near closing a new funding round of $100 million or more, which would value the...
A-Grade Fund Backs Audio Sharing Platform SoundCloud
Berlin - SoundCloud, the provider of a song and audio file hosting and sharing service, has raised an undisclosed amount of new funding from...
Sony Debuts Android Mobile App for Music Unlimited Service
London - Sony has launched an Android mobile application for its Qriocity Music Unlimited cloud-based music service, Music Ally reported.
Mobile users must have either...
Mobile Music Firm Shazam Buys Lyrics Provider Tunezee
London - Shazam, the provider of a mobile music identification and discovery service, announced on Wednesday its first acquisition, with the purchase of Tunezee,...
Expanded Pandora IPO Values Company at $2.5 Billion
Oakland, Calif. - Shares of Pandora rose more than 25% by midday Wednesday after the personalized Internet radio service raised $235 million in its...
