Home Social Music Tech Update: Sonos, Eventbrite, Spotify and SoundExchange

Music Tech Update: Sonos, Eventbrite, Spotify and SoundExchange

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Sonos has just rraised $135 million dollars for Digital Living Rooms. The evolution of home entertainment is coming and the money people are drooling!!!!Investors include Index Ventures, Kohlberg Kravis Roberts, and Elevation Partners.

Online ticketing platform Eventbrite has hit the $1 Billion dollar sales mark, with 63 million tickets sold over four years. The top 5 Eventbrite markets includes the U.S., the U.K., Canada, Australia, and the Netherlands.

Spotify Brings Free Radio to iPhone and iPad. Spotify has added a Pandora like radio service to its IOS app which gives non-paid Spotify users a reason to download its mobile app. Lets hope this comes to Android and Windows soon!!!!

Music Royalty Collection organization SoundExchange has reached $1 Billion in payouts. While companies like Clear Channel are beginning to cut deals directly with the label, it looks like SoundExchange’s revenue may be slipping in the near future.

CEO, Writer, Rapper, Internet Marketer, Innovator and author of The Social Music Revolution Revealed.