We took last week off since it was good old President's day here in the U-S of A. Now we're back and ready to sling some more news at you! Once again, streaming platforms are dominating the industry news headlines. Being totally honest, this ever-changing world is a pain in the ass to keep up with, but that's why we felt the need to start these news posts! Hope you've found them helpful. Let's get into it.
- VERO. This is a new social media platform that's been buzzing. Honestly, I'm not sure if it will end up doing anything but you might want to go ahead and grab your profile. It will eventually be a paid service, but the first million members will never pay. Some users have pointed out that there may be some unpalatable things in their T&C, but ultimately, you're the one who will decide what you post, so at this point there really isn't anything to lose. Fast Company has an overview if you want to know more.
- Spotify getting into hardware? No, not nails and things. SPEAKERS! There are reputable reports that they may be getting into they speaker game (and beyond?). Honestly, it's not incredibly surprising given that subscribers on Apple Music and Amazon Music have seen a nice boost due to their "home" systems.
- YouTube Red. Every once in a while they like to remind us that they are a thing. I think this news that they are a music service is really a launching point to start discussing Remix (which was announced in December). At this point, YT Red is expanding into more countries
- Pandora is... growing? That's the word on the street. They are showing growth in paid subscribers which has translated to a boost in revenue. Their stock is totally in flux though...
- Amazon getting into ticketing. Amazon unveiled that they will be launching their ticketing platform via Alexa sometime in or around 2019.
That's all I've got for today!