Earlier quoted context omitted.
Yes, but where does the $75M end up? Wouldn't Chapter 11 be an end run around investors?
The $75 million will be used to pay creditors. It's not an end run, it's better than the alternative which would be creditors going after shareholders to recover their debts. (which is why bankruptcy protection exists)
Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
81–90 of 266 posts
Re: Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
#82I really liked Grooveshark because it had a proper HTML5 player before they shut down. I was looking for alternatives and recently found Rdio and was quite happy with it, actually it has a lot in common with Grooveshark (e.g. user stations). Both Spotify and Deezer have web apps but they require Flash. Spotify has forwarded people asking for an HTML player to the forum and they have successfully ignored it for years.…
[1]: http://support.mixcloud.com/customer/portal/articles/1564645...
Re: Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
#83I really liked Grooveshark because it had a proper HTML5 player before they shut down. I was looking for alternatives and recently found Rdio and was quite happy with it, actually it has a lot in common with Grooveshark (e.g. user stations). Both Spotify and Deezer have web apps but they require Flash. Spotify has forwarded people asking for an HTML player to the forum and they have successfully ignored it for years.…
Re: Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
#84Earlier quoted context omitted.
I use Google music, mostly because I got in on it early and get it at small discount for $7.99/mo. I use it on my phone, in my car (via bluetooth from my phone home stereo (via bluetooth from my phone), television (via chromecast from my phone), and laptop (via the web). It also allows me to upload my offline library, which was unique when it came out (I think?) but isn't so much now (right?). My wife has Spotify, an…
No uploading your offline library was not unique when it came out nor unique now. Initially Apple's implementation was much better since it fingerprinted the song and linked it to their library so you only had to upload songs not in their library. And actually the services are quite different if you spend a lot of time with them. I switched from Spotify to Apple Music and now considering buying both.
Re: Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
#85I really liked Grooveshark because it had a proper HTML5 player before they shut down. I was looking for alternatives and recently found Rdio and was quite happy with it, actually it has a lot in common with Grooveshark (e.g. user stations). Both Spotify and Deezer have web apps but they require Flash. Spotify has forwarded people asking for an HTML player to the forum and they have successfully ignored it for years.…
Re: Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
#86Music is a dying industry because there's too much good free music floating around. Look at labels like http://www.ektoplazm.com/ . The music is 100% free. There's not even a buy button anywhere. Long distance phone calls and music are a glimpse of our future where things are too cheap to meter. The dying industries are trying to find ways to create artificial scarcity to go back to the old way of doing things.
It makes sense that there'd be free options for a genre like trance or other electronica that can be made by one person on a computer. However, if you enjoy music that features live instruments I just don't see how it could be free. There's too many people involved who need to eat.
One model people talk about is where recorded music is free, this boosts popularity, you fund the recordings through more people coming to your live shows. If you do 40 live shows a year, and giving away your music brings in 30 more people at each show paying $20 each, that's $24k: enough for a new album each year.
Re: Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
#87Earlier quoted context omitted.
Best is subjective. Google Music is definitely a great music store. For those wanting a social music experience Spotify is the "best". For those wanting curated music and a digital radio experience Apple Music is the "best". For those wanting a hands off service Pandora is the "best".
I find Google Music has better playlist and radio functionality than all others - probably because of the songza acquisition.
Re: Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
#88I really liked Grooveshark because it had a proper HTML5 player before they shut down. I was looking for alternatives and recently found Rdio and was quite happy with it, actually it has a lot in common with Grooveshark (e.g. user stations). Both Spotify and Deezer have web apps but they require Flash. Spotify has forwarded people asking for an HTML player to the forum and they have successfully ignored it for years.…
The Google Play Music library is excellent (I think it's still the biggest). You could try something like this: http://bluestackstutorial.com/2015/07/google-play-music-for-...
Re: Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
#89Re: Pandora to Buy Rdio Assets for $75M, Rdio Files Ch.11, Will Shutter Service
#90CEO cant make payroll; begs employees to stay and they do....
Pays $75,000,000 for assets of a competitor a few years later.