Pandora’s new premium service will focus on personalization

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Pandora just offered an early look at its upcoming on-demand streaming service called Pandora Premium, and it looks like it’ll be focusing on personalization to differentiate itself in an increasingly crowded space.

Pandora had previously confirmed it would release its own on-demand service. With the official launch not for at least a few more weeks, CEO Tim Westergren showed off the company’s new music service during an event in New York Tuesday, multiple outlets reported.

The upcoming service will take each user’s history into account, so that all the songs you have previously liked on Pandora’s Internet radio service will impact the recommendations you get on the new Premium tier, Engadget reportedRead more…

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YouTube says all those ads you watch are worth it

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Music streaming subscriptions are on the rise, but YouTube isn’t intimidated.

The video giant reported Tuesday that it paid out $1 billion to the music industry based solely on advertising. In a blog post titled “A billion reasons to celebrate music on YouTube,” the company elaborates on why the music industry should embrace advertising and subscription models for digital services. 

YouTube is one of several digital services that is contributing to the rise of revenues for the music industry, which has suffered from a decline over the last decade.  Read more…

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