Hey, guess what? Walmart has an MP3 store! Some of you already know that, and for others, you're just now finding out. There's a good chance the latter outnumbers the former, which would help explain why Walmart is closing its MP3 store by the end of the month. Or maybe music listeners were just too settled with iTunes, Amazon, and other music marts to pluck MP3s from Wally World.
Music streaming service Spotify launched in the US just a few weeks ago, and a source has let it slip that the company already has 1.4 million US users. Also of great importance, Spotify has apparently snared 175,000 users for paid accounts. Not bad for a service that is still invite only.
Do you remember rock n’ roll radio? If not, we won’t take it personally. After all, with services like Spotify, Rdio, Slacker and Turntable.fm to choose our tunes from, computer and smartphone users have never been more spoiled for choice when it comes to music. Commercial-free music is available to anyone that wants it, provided they’re willing to do the work of setting up an account and picking the tunes they want to listen to. For those of us that prefer to sit back and let someone else do the aural heavy lifting for us, and consider radio to still be an important part of our daily lives, there’s Radio, our Chrome Web App of the Week.
In Britain, ripping music CDs to transfer songs onto portable media players or mobile phones is an act that runs afoul of the law. Lucky for U.K. residents, government officials are open to overhauling copyright law with an emphasis on common sense, two things that don't always go together. Britain's business secretary Vince Cable said new legislation will make it legal to copy CDs for personal use, which is one of 10 recommendations made in the Hargreaves Report, a six-month independent review into Intellectual Property (IP) led by Professor Ian Hargreavees.
There hasn’t been a lot to report regarding Google’s cloud music service in recent weeks, but Mountain View took a major step today. Google is in the process of rolling out an invite system to the beta Google Music service. Each user will have two invites to give to friends. It is still US-only, but this could be a sign the service is moving toward a real release.
Everyone knows you can't squeeze blood from a turnip, but you might be surprised how much cash you can choke out of LimeWire. The former peer-to-peer file sharing service is the center of another lawsuit, this one by Merlin, a trade group that represents more than 12,000 independent labels. These record companies claim LimeWire founder Mark Gorton reneged on a promise he made in 2008 to pay them for tracks that LimeWire users pirated before going belly-up, and it's time to settle up.
Yet more news on the impending Spotify US launch has surfaced today. This time we’re hearing that the popular music streaming service will be launching soon, possibly even this week, but it will be invite-only to allow the service to scale. Those with preview accounts will have invites to send out, and access will expand from there.
At long last, after months of rumor and innuendo, Spotify is finally coming to the US. The music streaming service has been a huge hit in Europe for the last few years, but US audiences have had to make do with services like Pandora and Rdio. Well, it looks like the licensing deals are in place, and you can sign up for an invite right now.
Much beloved music streaming company Pandora is taking quite a beating in just its second day of public trading. After making its IPO yesterday, the stock price started to inch downward, but today that inching became a free fall. The Stock price fell 24% today to a bit over $13 per share. Additionally, it is still slumping in after hours trading.
In what's starting to become eerily reminiscent of the Dot-com boom that took place in the 1990s, the popular tech companies to today are trending towards going public. LinkedIn started it by soaring 170 percent on its first day of trading, which no doubt prompted Groupon to file for a $750 million IPO. Now Pandora wants in on the action and has filed for a comparatively modest $109.5 million IPO.