Updates over Media, Marketing en Publishing
Veteran streaming radio platform Pandora released its fourth quarter earnings today, in which it saw its fiscal 2013 revenue of $427.1 million, representing a 56 percent year-over-year increase, and fourth quarter revenue of $125.1 million, an increase of 54 percent year-over-year. In turn, mobile revenue for the fourth quarter grew 111 percent year-over-year to $80.3 million.
Over the last decade, the rise of mobile technology and the maturation of the Web as distribution and consumption channels has had a devastating effect on the music industry, among others. Yet, on the bright side, more recently these technologies have produced a litany of new ways to discover great music, empowering both fans and musicians in the process. While it seems that each day brings a new music app or product — a net positive for music fans — there’s also a lot of noise.
You may not be familiar with her name, but Judy Estrin has quietly become one of Silicon Valley’s most successful serial entrepreneurs and executives. She began her career working with Vint Cerf’s research group at Stanford University — the same one that played a central role in the development of the Internet. Since the early ’80s, she has founded seven technology companies, has served as the CTO of Cisco Systems and held board positions at FedEx for 20 years, Sun Microsystems for eight years, and currently sits on the board of The Walt Disney Company (a position she’s held since 1998). Oh, and she’s also the author of “Closing the Innovation Gap” and led the team that developed one of the first local area networks.
As the Web is stuffed with more and more content, we’re increasingly in need of good curators to help us discover the things we’ll love amidst the noise. Flipboard, for one, rose to popularity by transforming your favorite digital news sources into a socially-curated mobile magazine. Shuffler.fm is on a mission to do the same for music discovery, combining Flipboard’s successful formula with a little Pandora and a little ex.fm. The result is what the Amsterdam-based startup is calling a “radiozine” — a music discovery guide that turns the industry’s popular blogs and websites into mobile radio stations.
Launching its iPad app in November, Shuffler.fm aggregates content from a long list of mainstream and niche music sites, allowing users to peruse, discover and listen to tunes based on genre, style and what’s trending. And now Shuffler is spreading to the rest of iOS, bringing its radiozine-style music discovery service to the iPhone and iPod Touch, along with giving us a sneak peek at the debut of its Spotify app.
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There’s currently a heated battle being waged between three of the biggest on-demand music streaming services — MOG, Spotify, and Rdio — each of which is trying to capture our hearts and ears by offering the best mobile experience for tunes on-the-go. You can check out Josh’s in-depth comparison of the battle for mobile supremacy here.
While it wasn’t Josh’s top pick for music streaming on the tablet, Rdio is today taking a big step forward, launching a completely redesigned music listening and discovery experience, starting with the web and its desktop apps. While the company unveiled its plans at SXSW, today marks the first time the new Rdio will be available to all.
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