CEO Daniel Ek said that the new service launches Wednesday in the U.S., U.K., Germany and Sweden. The extra content, from partners such as Comedy Central, BBC and ESPN, will be available for both free and premium customers. Spotify enters a competitive market for video streaming that is dominated by Netflix, Amazon.com, and Hulu, but it's getting more crowded of late...» Read More
SAN FRANCISCO, Jan 29- A passenger allegedly raped by an Uber driver in India's capital sued the online car service in U.S. federal court on Thursday, claiming the company failed to maintain basic safety procedures. India is Uber's largest market outside the United States by number of cities covered, and the country's radio taxi market is estimated to be worth $6...
*Uber applies for radio taxi license in New Delhi. NEW DELHI, Jan 23- Uber, the U.S.-based online taxi-hailing company, has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. Uber's app showed taxis available for booking in New Delhi on Friday.
Former CBS chief Mel Karmazin also says media companies must get bigger in order to deal with advertisers and distributors.
Jan 7- Satellite radio service Sirius XM Holdings said it would beat its 2014 revenue forecast of $4.15 billion after net subscriber additions exceeded expectations. The company reported about 1.8 million net subscriber additions for the year, above its increased forecast of 1.5 million. Sirius also forecast revenue of about $4.4 billion in 2015 and net...
The economy is looking stronger and advertisers are getting more confident in spending money, iHeartMedia Chairman and CEO Bob Pittman said.
MONTEVIDEO, Dec 22- A media bill that prohibits foreign ownership and is designed to prevent Uruguayan radio and television stations from becoming concentrated among a few powerful commercial interests was approved by lawmakers on Monday. The bill was endorsed by 50 votes to 25 and will be enacted when the South American country's president-elect, Tabare...
The Federal Communications Commission's annual review of mobile industry competition found the two largest carriers, Verizon Communications Inc and AT&T Inc, together controlled around 70 percent of both the nationwide market share based on service revenues and the most-prized type of radio airwaves. The FCC did not draw conclusions on whether the...
MOSCOW, Dec 15- A small shop near Moscow is reviving memories of 1990 s runaway inflation by stating prices in an unofficial unit pegged to foreign currency to protect against a steep fall in the rouble, according to a radio station. Govorit Moskva radio station said the Art Real Company shop in Khimki suburb, which sells many imported ceramic tiles, has been...
NEW DELHI, Dec 9- India's capital has decided to ban all internet-based taxi firms after a female passenger reported she was raped by a driver contracted to U.S. online cab company Uber, a government official said on Tuesday. The Delhi transport department issued a public notice in a national daily stating that only six registered radio taxi companies are...
Mike Herring, Pandora CFO, discusses Pandora Internet radio's music genome project and competition with Apple.
After 17 years of distribution by Public Radio International, Ira Glass's 'This American Life' is going independent. NYT reports.
Spotify wants to make sure you never again hear a great song on the radio and then run down to the local record shop, or onto iTunes, to buy it.
The market loves Pandora's growth story but it doesn't make money, says Dennis Berman Wall Street Journal business editor & columnist, weighing in on Pandora's market share, as consumer usage ticks up from a year ago. CNBC's Jon Fortt provides insight.
Sirius XM Radio and Charter Communications might have been partners in broadband, but they look better apart without Time Warner Cable.
Discussing Pandora's stock drop due to a slump in listener metrics and competition in the Internet radio space, with Michael Pachter, Wedbush Secuities senior analyst, and Peter Kafka, Re/code.
Radio frequency chipmakers RF Micro Devices will buy peer TriQuint Semiconductor for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers.
AT&T will offer a subscription to Beats Music in a package that gives as many as five family members unlimited streaming and song downloading.
Pandora cannot work without a "lot more advertising," SiriusXM CEO Jim Meyer told CNBC. "The competition for me has always been free" radio, he continued.
Bob Pittman, Clear Channel chairman & CEO, discusses how his partnership with Warner Music will take radio and the music industry to the next level.
Sirius XM was slapped with a hefty lawsuit today by a small non-profit group that collects music royalties. David Hirsch, Metamorphic Ventures, discusses the impact this may have on other Internet music services.