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As Pink Floyd tells it in their 1975 song “Have a Cigar,” a hit record was a way for record companies to “ride the gravy train.” If Pink Floyd was to update the song, they’d have to put those words into the mouths of executives from Silicon Valley.
John MacFarlane is a man in the middle of the music industry. As the CEO of Sonos, which has been making home speakers for about a decade, he has watched as the music business has wrestled with change—from the fights over digital rights management and piracy to the current debates over business ...
As the online music world focuses on Apple’s acquisition of Beats Electronics, a series of new initiatives at Apple’s iTunes Radio service could also have a significant impact on the digital music business and especially the market leader, Pandora Media.
A forthcoming YouTube music service could be a turning point in the fraught relationship between Google and the major record labels over how consumers get access to digital music and how music creators get paid.
The race for smartphone real estate among gaming apps is emerging as a major driver of mobile ad spending, helping Facebook in particular boost revenue but also raising questions as to whether the growth is sustainable.