Radiohead frontman Thom Yorke has pulled the music of his latest band Atoms for Peace from Spotify, accusing the streaming service paying musicians too little.
New artists “will no[t] get paid. meanwhile shareholders will shortly being rolling in it,” Yorke told his 400,000-odd Twitter followers.
That’s unwelcome PR for Spotify, the Swedish start-up that seemed to be getting the music industry onside with streaming, rather than downloads, as a viable model for serving up music to fans. Given that the service fails to make a profit even at current royalty rates, is its model in question? Read more
By Richard Waters and Andrew Edgecliffe-Johnson
By showing that it is prepared to play by the music industry’s rules with its new All Access subscription service, Google has won itself new friends among the music labels.
The main questions now: Can it overcome a patchy past track record in the music business, take advantage of its early lead in subscriptions over Apple and show that it can carve an audience of paying punters out of its massive user base? Read more
Google shares rose past the $900 mark on Wednesday as it announced 900m Android activations at its annual developer conference, Google I/O, in San Francisco. Google also launched a new subscription music streaming service, Google Play All Access, and a bunch of new services for developers, including improved gaming capabilities, mapping services and voice-controlled search tools.
Here’s a transcript of the liveblog by Chris Nuttall and Tim Bradshaw, who were reporting from the Moscone Center.
Duedil, a start-up that provides information on every private company in the UK, has raised $5m in funding ahead of an expansion into more than a dozen countries across Europe.
The London-based company takes data from public and private databases and links it together to provide users with insights that would otherwise have been impossible to obtain. Read more
Small, square, sub-$100 black boxes dominate streaming internet-television devices in the US, in the shape of Apple TV and Roku’s LT, XS, XD and HD boxes.
There’s no shame then in Western Digital imitating this successful formula in launching today the WD TV Play - the latest variation of its WD TV lineup of content-streaming set-top boxes. Read more
The so-called PayPal mafia is a force to be reckoned with in Silicon Valley: Max Levchin joining the Yahoo board is just the latest example of a network that spans Facebook, YouTube, Yammer, LinkedIn, Square and – with Elon Musk’s SpaceX – the edge of the earth’s atmosphere.
In the British start-up world, the closest analogy is Lovefilm. The DVDs-by-post turned video-on-demand service was acquired by Amazon in January 2011, but even before that, had started the careers of many London tech-scene notables.
Now, Adam Valkin – a co-founder and sometime chief executive of Lovefilm, who went on to join TV producer Endemol and, three years ago, Accel Partners’ London office – is helping to take the Lovefilm mafia abroad. Read more
Interesting commentary from around the Web on a tech story that made headlines last week.
Despite an unexpected delay, the release of Apple’s updated iTunes on Thursday was generally well-reviewed by tech bloggers. Its simple interface and speedy performance was seen as a major upgrade. However, questions lingered over whether it would keep iTunes at the forefront in a new world of music subscription services like Spotify and Rdio. Read more