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Is Spotify buying Soundcloud?

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SoundCloud, the Berlin-based streaming platform that has drawn over 175 million users worldwide, is reportedly in “advanced talks” around an acquisition by Spotify, the market leader in music streaming which recently announced it had drawn 40 million subscribers, according to the Financial Times’ sources.

Spotify and SoundCloud refused to comment on the report. One well-placed source maintained to Billboard that the rumor was nothing more than that, and that it could perhaps be a solicitation tactic.

Whispers of SoundCloud’s acquisition have percolated for years. While 2014′s indication of a SoundCloud acquisition by Twitter eventually faded, the social media giant did invest $70 million into the music platform this past June, representing the largest chunk of a $100 million funding round. (This week, meanwhile, brought rumors of a Twitter acquisition, with Google and Disney leading that charge; consider it the circle of business life.)

An unnamed suitor was kicking SoundCloud’s tires more recently, as it sat on a $1 billion valuation — a price tag Spotify couldn’t really afford. (It’s also a valuation that some said was more an idea than a reality.) In January Spotify raised $1 billion in convertible debt, the terms of which all but require the company to issue an IPO within the next year, or suffer under the weight of unsustainable financial penalties. Its most recent financial filing, covering 2015, reported it as having €597.3 million in cash on hand. So, if it was working with the $700 million valuation that Twitter put on it, Spotify would have to spend 43 percent of its available funds to buy a company that, at least at first blush, seems a strange purchase. Spotfy will have plenty of cash after that initial offering, but until Daniel Ek rings that bell, his company may stay away from gigantic purchases like this.

Spotify and SoundCloud would, on the face of it, make both strange bedfellows and, possibly, a powerful pairing. The two platforms are very different, in significant ways — Spotify, with its simple interface and focus on relatively casual listeners, and SoundCloud, with a elegant-but-dense set of features and a (truly) labyrinthine catalog of music, heavy on dance, uploaded by its creators. However, combining the two could carve a large, or larger, crater into the world of digital listening.

Posted by David Miller


DJ Snake’s “Let Me Love You” Reaches #1 On Worldwide iTunes Song Chart

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The Chainsmokers have been dethroned from the #1 spot on the Worldwide iTunes Song Chart. DJ Snake and his collaboration with Justin Bieber, “Let Me Love You”, has officially taken the top spot away from, “Closer” which I’m sure you’ve all heard by now.

In August of this year, the song debuted at #1 on the Billboard Digital Songs Chart and #12 on the Hot 100. DJ Snake is no newcomer to big hits, as he has been the producer behind songs like “Turn Down For What” and “Lean On”, which were both worldwide successes. Justin Bieber is also jumping on more tracks with dance music powerhouses and it seems like he’s figured out where all the hottest songs are coming from.

Posted by David Miller (via edmtunes)


Earthlings Get A Chance To Own NASA’s Golden Records

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Back in the 70′s, famed astronomer Carl Sagan and a team of scientists and artists put together a collection of golden phonograph records, which were sent to space aboard Voyager 1 and 2. They contain greetings in 55 languages, a plethora of animal sounds, traditional music from around the world, Mozart’s and Bach’s masterpieces, as well as Blind Willie Johnson and Chuck Berry tracks. Now, a Kickstarter campaign wants to give us lowly Earthlings a chance to own a copy of the Voyager Golden Records as a box set.

The campaign, launched by Boing Boing’s David Pescovitz, aims to raise $198,000, which definitely looks doable. Its 1,094 backers already pledged $130,000 as of this writing. Most of what Pescovitz and his team will make from Kickstarter will be used for royalties and to pay for the snazzy-looking box set’s production. See, the team decided to remake the records as three gold LPs in a cloth-covered box with gold foil.

The set will also come with a hardbound book containing the records’ history, as well as a copy of the original diagram depicting how to play them. You know, as some sort instruction in case aliens ever get their hands on the spacecraft. Both Voyagers are still alive ’till this day, and 1, in particular, left our solar system and crossed into interstellar space a few years ago. If there’s any spacecraft that has the potential to reach intelligent beings from other worlds, it’s the Voyager.

But let’s get back to the copy we Earthlings can get. You’ll have to pledge $98 to get one box set, though you can also snag a digital copy for $25 if you don’t care for the physical LP records and their fancy packaging. Take note that NASA already released some of their tracks on SoundCloud, though. The team is aiming to ship all rewards out by August 2017, exactly 40 years after NASA’s Voyager spacecraft embarked on their journey.

Posted by JD Live (via engadget)


Serato DJ 1.9.3 Now Available

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The Serato DJ 1.9.3 update includes a number of important bug fixes and performance improvements for all users as well as an upgrade to the Serato Sampler. Our improved Sampler section now includes 8 slots giving control of 32 samples over 4 banks for sample play. The first Serato DJ enabled controller in our partnership with Roland, the DJ-808, is also supported in this update.

As well as this, 1.9.3 brings support for Ableton Link which enables you to send BPM information over a wireless network to keep multiple Link applications, including Ableton or a second Serato DJ setup in time.

Serato Sampler

The Serato DJ Sample Player has been updated from the classic SP-6 and transforms into the new Serato Sampler, which now includes two extra sample slots, allowing a total of eight samples to be loaded at once. We’ve also made a number of changes to the design for better usability.

Roland DJ-808

Support for the DJ-808, the first Serato DJ Enabled controller from our partnership with Roland. It is the first DJ controller to include built-in drum sequencing with Roland’s iconic TR drum sound.

On board is a 4-channel mixer, VT vocal processing unit, ultra high-performance platters with dual-deck control, 2 AIRA link USB ports, MIDI out and tight Serato DJ feature integration.

Download here: (Click)

Posted By David Miller (via Serato)


Calvin Harris’ new single ‘My Way’ has hit #1 in 13 countries

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Calvin Harris officially released “My Way” on September 16, but only two days later, the track has already made it to the top of the iTunes charts in 13 different countries. The DJ/producer, who flaunted the triumph on Instagram, is clearly no stranger to major radio play and music chart domination, especially after “This is What You Came For” with Rihanna dropped earlier this year.

The personal lyrics of “My Way” had fans speculating that the song was about his high-profile split with Taylor Swift, but Harris recently clarified the song’s meaning in an interview with Elvis Duran for the Z100 Morning Show. Harris explained that he actually wrote the song about his time working at a grocery store :

“It’s breaking out of a situation. I thought of the concept years ago, when I left Safeway. I was trying to move to London and I was working in the store in Scotland, I was trying to go on and make music for a living but I couldn’t because I didn’t have any money. I was like, damn this grocery store! If I could break out of this I could have enough time to work on music and get good.”

Harris has indeed broken out of a bleak situation following the rags-to-riches trajectory which inspired “My Way,” the release of which reportedly will kick off his new business model where he aims no longer release albums, just singles.

Thank u to all my favorite countries MY WAY is out now!

A photo posted by Calvin Harris (@calvinharris) on

Posted by David Miller