‘Blockbuster’ Finance and Equity Crowdfunding


“I’ve been frankly confused by this fascination that everybody has with Netflix …Netflix doesn’t really have or do anything that we can’t or don’t already do ourselves.” When Blockbuster Inc. CEO...
    






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Spotify director Sean Parker: Apple tried to keep Spotify out of the United States

Daniel Ek and Sean Parker Spotify

Daniel Ek (co-founder of Spotify) and Sean Parker (Director at Spotify) just took the stage here at D10, with Walt Mossberg asking the two about the company's impact in America, negotiations with record labels and -- perhaps surprisingly -- its links with Apple. Outside of confirming that there's still around 10 million Spotify users in the States (with around three million of those being of the paid variety), the duo also confirmed that it's working daily to improve the catalog. Said Ek: "We're up to 18 million songs, growing at 10,000 or 20,000 songs per day -- it's very much a growing catalog." Walt was curious as to why iTunes had upwards of 30 million tracks, and why all of the services simply don't have the same library, but both players were quick to brush off the topic and pivot directly to the importance of playlists.

Ek stated: "If you look at iTunes, the vast majority of songs haven't been purchased by anyone -- it's driven by hits. We see 80 percent of our whole catalog listened to." Following that, Parker contributed: "The playlist is now the CD. It used to be a few songs were wanted by the consumer, and the rest of it was garbage. It's the new mixtape, but accelerated on a massive scale." As it turns out, Spotify actually sells "bundles" (which are glorified playlists) as pay products in Europe, and when Walt asked why these weren't available in America, Parker obliged: "We just haven't released it yet." In other words, they're coming soon.

Continue reading Spotify director Sean Parker: Apple tried to keep Spotify out of the United States

Spotify director Sean Parker: Apple tried to keep Spotify out of the United States originally appeared on Engadget on Wed, 30 May 2012 18:00:00 EDT. Please see our terms for use of feeds.

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iPod owners notified of RealNetworks-related lawsuit’s class action status, given chance to cash in (updated: not Real)

iPod nano thumbs up

Remember the 2005 lawsuit over Apple's effort to keep RealNetworks' Harmony DRM off of the iPod, calling the countermeasures an abuse that locked customers into Apple's FairPlay copy protection and the iTunes Store? You're forgiven if you don't -- the complaint was filed in 2005. Even with iTunes having gone primarily DRM-free over three years ago, though, owners of iPods bought between September 12th, 2006 and March 31st, 2009 are just now getting notices that they qualify for a slice of any damages if they register and Rhapsody's former owner the class action group wins in court. Of course, there's no guarantee that RealNetworks former Rhapsody users will win and get you music money to feed your iPod, iPod classic, iPod nano or iPod touch, but unless you're planning to sue Apple yourself, there's no penalty for a legitimate claim.

Update: RealNetworks has chipped in to let us know that it's "not involved in any way" with the lawsuit, which is actually an independent complaint centered around the Rhapsody users themselves. RealNetworks hasn't embroiled itself in a legal fight with Apple to date.

iPod owners notified of RealNetworks-related lawsuit's class action status, given chance to cash in (updated: not Real) originally appeared on Engadget on Thu, 10 May 2012 07:58:00 EDT. Please see our terms for use of feeds.

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