Connect with us

Business

Pandora to Limit Free Mobile Listeners to 40 Hours a Month Due to Royalty Costs

Published

on

Pandora Music Limit

Due to rising royalty costs, starting March 1, Pandora will limit free listening for users on mobile devices to 40 hours a month.

In a blog post, Tim Westergren, the founder of Pandora said that a limit of 40 hours a month on mobile devices would take effect this week for its free service. The change, he said, would affect less than 4 percent of its more than 65 million regular customers, since its average listener spends about 20 hours a month on the service.

Listeners will be notified when they reach 85% of their monthly limit, so they can adjust their listening habits accordingly.

”We want people to continue to listen to and enjoy Pandora. We hate to bring any limit to that listening, but think that this is really a balance that we need to maintain,” says Pandora CEO Joe Kennedy.

If you are one of those people affected in the four percent, there are still options available. This new Pandora limit doesn’t apply to desktops and laptops. Also, Pandora offers a yearly subscription that delivers a no-ad stream for $36 a year.

“After a close look at our overall listening,” Westergren wrote, “a 40-hour-per-month mobile listening limit allows us to manage these escalating costs with minimal listener disruption.”

Pandora’s per-song royalty rates have increased 25 percent over the last three years, says Westergren, and are to go up 16 percent over the next two years.

While more than 75 percent of listening to Pandora is through mobile devives, the company pays the same royalty fees for desktop and mobile. The down-side is that advertising pay is less on mobile.

Pandora says this may not be permanent, but as the mobile monetization matures, Pandora will reevaluate its limit on mobile streaming.

“We don’t know exactly what the time frame will be. We believe that monetization on mobile will eventually get into the same range as the desktop, and I think we continue to make good progress in terms of our mobile monetization efforts,” says Kennedy. “So we do see this as not a permanent change, but, and an appropriate and necessary balancing for this stage of development given the royalty cost that we bear.”

Pandora Music Limit on Mobile Devices

Pandora users who enjoy the streaming radio service on their mobile devices may soon be listening to dead air, as the company is instituting a 40 hours per month limit. However, this only affects users of its mobile applications. Pandora is required to pay royalties for every track played, so the goal of offering free music must somehow be balanced with monetizing the platform in order to pay for it. So users who reach the cap will be offered several pricing options, asking them to pay to play further.

Related Stories:

Google Music Announcement Today About Store Launch
Xbox Music Player Service Revealed by Microsoft
Pandora Launches Online Halloween Music Channels for Free
Apple iTunes Releases Updated iTunes 11

Environmentalist. Consumer Tech Journalist. Science Explorer. And, a dreamer. I've been contributing informative news content since 2010. Follow me on all socials!

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Automotive

Nissan-Renault’s Ghosn: From Hero To Zero

The once-famed Nissan leader has fallen with allegations relating to financial misconduct and dragging the company along with him. Click To Tweet

Published

on

Renault-Nissan Alliance. Photo from: Nissan-Global.com

In a time when Nissan was on the brink of declaring bankruptcy, Carlos Ghosn stepped in not only to save the company but help it to rise back as one of the world’s top car manufacturers. Today, Nissan is facing a similar financial crisis, but this time around, the Japanese carmaker had Ghosn removed from the company.

Through Ghosn’s efforts of restructuring and eventually, reintroducing innovations to Nissan, the company rose significantly within the last two decades under Ghosn’s lead. He also made the Nissan-Renault-Mitsubishi agreement possible that made them one of the leading car companies in the world.

The company had a good track record. But, CNN reported last Tuesday, May 14, that Nissan posted a significant drop in profits where operating profits plunged to 45% at 318 billion yen ($2.9 billion) in the fiscal year that ended in March and revenue fell 3% to about 11.6 trillion yen ($105 billion), while vehicle sales were down 4.4% to 5.5 million.

This is “rock bottom,” Nissan CEO Hiroto Saikawa said during the earnings presentation.

Moreover, analysts also expect Nissan to plunge at decade-low numbers in the coming year. Nissan forecasts operating profit for the fiscal year to March 2020 would fall to 230 billion ($2.1 billion). Also, Nissan shares closed down at 3% in Tokyo.

On Friday, May 17, the Japanese carmaker proposed plans to make changes within its executive board as a reaction to Ghosn’s fallout from the company.

The firm told shareholders that they would start implementing a new board structure composed of 11 members, which 6 of whom would be external.

“With the lessons from the recent executive misconduct still fresh, Nissan resolves to rigorously pursue the separation of supervisory and executive functions,” said the firm.

Thierry Bollore, Renault’s chief executive and chairman Jean-Dominique Senard will both be included in the proposed board.

Nissan conceded to allowing Senard into the board though Bollore’s urges. The Japanese firm isn’t too happy about Senard siding with Ghosn during his arrest.

On the other hand, Nissan’s current CEO Hiroto Saikawa has also been reported to be pressured from vacating his position in the company for doubts that he is capable of turning things around for the company and his close relations with Ghosn.

Saikawa responded that he wishes to stay on the company until he sees it return to profitability and will consider the idea of stepping down “at the appropriate time.”

Additionally, Saikawa told reporters that Renault chairman Senard “has one idea in mind, which is integration or merger.” He also added that “what we’ve told Mr. Senard is this is not the right timing to discuss this matter.”

Regarding the topic of a possible merger between Renault and Nissan, the Japanese company seems to be against the idea since Nissan brings in a lot more profitable compared to the two. But, ironically, Renault holds more stake in the company.

Obviously, the Japanese brand has been struggling to manage internal structures with Ghosn leaving its ranks for multiple cases alleging financial misconduct.

Allegedly, Ghosn is accused of abusing and taking advantage of his power and position in the company to meet personal gains. Specifically, Ghosn allegedly used a Nissan subsidiary to send millions of dollars of payments to a business partner of the company abroad, which then sent money to a third company that he controlled. The actions were taken for the purpose of obtaining a “personal profit,” The New York Times reports.

Prosecutors accused Ghosn of using the method on three occasions from December 2015 to July 2018, resulting in a total of $5 million in losses to Nissan.

As of date, Ghosn has been arrested on four separate occasions including the first arrest in November on charges of underreporting his compensation. The second when he was rearrested on related charges and then a third time on suspicion that he had shifted his personal financial losses onto Nissan’s books.

However, Ghosn and his team of lawyers have consistently denied all allegations about him. In a video Ghosn posted before his fourth arrest, he told that the allegations made against him “is about a plot, this is about conspiracy, this is about backstabbing.”

Meanwhile, the French carmaker, Renault also made new allegations against Ghosn, claiming that there were “questionable and concealed practices” regarding the expenses made under Ghosn. Moreover, Renault also announced Ghosn’s resignation from its board.

Continue Reading

Cryptocurreny

Facebook Opens A Swiss Company To Develop Own Virtual Currency, Report Suggests

Facebook may have its own currency soon but no confirmation has been made yet. Reports revealed that Facebook opened a Swiss company to focus on developing its own cryptocurrency. Click To Tweet

Published

on

Reports revealed that Facebook opened a Swiss company to focus on developing its own cryptocurrency.
Facebook may have its own currency soon but no confirmation has been made yet. Photo: Esther Vargas | Flickr | CC BY-SA 2.0

There is no denying that cryptocurrency is slowly becoming the most used currency in the world. The future is bright for virtual money as people started to become a lot more dependent on the internet on almost all aspects of their daily lives. And when a technology thrives, Facebook does not falter to offer the same thing. Reports suggest that Facebook has set up a company overseas to develop its virtual currency that users can send to their friends and contacts.

The social networking giant reportedly opened up a company in Switzerland to focus on payment and blockchain technology, similar to the technology that powers bitcoins and other cryptocurrencies.

According to a Swiss publication, Handelszeitung, the Facebook cryptocurrency would be tied to the US dollar and therefore will remain stable unlike bitcoin, which started crashing since 2017.

The report also revealed that Facebook has already set up a company called Libra Networks in Geneva several weeks ago. They noted that Libra is the tech giant’s internal project name for Facebook money.

Owned by Facebook Global Holding II in Ireland, the Swiss company will focus on developing the software and hardware for crypto-related functions like payments, blockchain, analytics, big data, and identity management.

Facebook is hesitant to comment regarding their plans for the digital currency and did not confirm nor denied the reports of its existence. Nonetheless, the news is consistent with an earlier report that Facebook created a team of 50 individuals to develop their cryptocurrency and blockchain technology to be used across the network and on its WhatsApp messaging services.

That design would be geared toward avoiding a speculative frenzy like the one that caused the value of the primary cryptocurrency, bitcoin, to soar and then crash. While Facebook also did not confirm anything related to the leaked project at the time, the California-based company confirmed that they are interested in blockchain technology.

“Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology,” the company said in a statement. “This new small team is exploring many different applications.”

Blockchain technology serves as the virtual ledger for every transaction using a cryptocurrency like bitcoin, and it builds up a set of data blocks recording transactions and who made them.

Meanwhile, existing crypto companies still face a huge problem in the banking system, and Facebook may face a similar obstacle in case the reports on its own crypto money turns out to be true. Earlier reports suggest that crypto companies around the world are having trouble in opening bank accounts for their operations.

The report followed the complaint filed by Sam Bankman-Fried, Chief Executive Officer of the quantitative crypto company, Alameda Research that “the standard answer of ‘just go to your local Chase branch’ doesn’t work in crypto.” Bankman-Fried also added that it is not illegal for banks to serve crypto businesses, but “it’s a massive compliance headache that they don’t want to put the resources in to solve.’’

The report pointed out that while larger banks avoid getting into a transaction with crypto and blockchain corporations, smaller banks are getting hold of the unserved market.

Silver Bank in San Diego said in its November 2018 filing for an initial offering that cryptocurrencies companies have a total of $40 billion to deposit and larger banks are letting go of it.

Blockchain investment, trading, and advisory firm NKB group have also struggled with establishing banking relationships with a lot of major banks. According to NKB Group’s head of Brokerage Ben Sebley, “denying basic banking is madness, impedes sector growth and forces companies to get creative to solve the problem […] The banks are being overly prudent.”

The facilitation of cryptocurrency in banking has been an ongoing debate after major banking giants like JPM, and other American banks have banned the purchase of cryptocurrency using their debit and credit cards. However, supporters have argued that this ban is a step back for the banking industry.

“If they are policing digital currency transactions by de-risking the activity on the basis of protecting customers from market changes, they are going to be on the hook for market changes where their financial products are used where they did not intervene and de-risk to protect consumers,” said attorney Christine Duhaime, founder of the Digital Finance Institute.

Continue Reading

Advertising

MailChimp Updates Pricing Policy, Now Charging Unsubscribed Emails In The Mailing List

Published

on

Mailchimp is changing pricing policy and experts suggest that users should find a better alternative.
Mailchimp is changing pricing policy and experts suggest that users should find a better alternative. Photo: Mailchimp Website

Email marketing has proven to be one of the most effective marketing strategies in the age of technology and MailChimp, a popular email marketing platform, has helped businesses, big and small to leverage the technology for a cheap price; however, it seems like, with the new policy update by MailChimp, marketers should begin looking for an adequate alternative soon.

On May 15th, Mailchimp sent an email announcement to all its users that significant changes are coming to the popular email marketing platform. One of the most notable change that the company will be implementing is its bid to become a more holistic marketing platform by integrating into its system an “all-in-one Marketing Platform for going businesses.”

The new MailChimp brags of a “powerful” Marketing CRM, a tool that Mailchimp said could help growing businesses “build better relationships” with their customers. A CRM tool or a Customer Relationship Management tool is an approach to manage the company’s interactions with current and potential customers by using data analytics about the customers’ history taken from available big data to improve communication and marketing.

The announcement also boasts that MailChimp will soon have new features like social posting, more retargeting options for Instagram and Facebook, and an “Audience Dashboard.” MailChimp aims that with the new system upgrade, growing businesses will have more opportunities for their users to create “effective multichannel campaigns that connect with your audience so you can grow faster.”

But what’s the catch? Pricing.

The old Mailchimp rose to popularity because of the inexpensive and effective ways that small and medium enterprises can use the tool. However, with its new update, this supposedly “free” tool will begin to charge their users in a different – and rather sneaky – way.

According to Mailchimp’s email, they will be changing the definition of “audience,” a metric they formerly used to charge users. In the MailChimp update, the company will no longer determine the monthly charges of a user based on subscriber counts – a common standard among email services. Instead, Mailchimp now bases its monthly fees on a new metric called “Audiences.”

Notably, these Audiences includes unsubscribed emails, which means that users will now be charged for all the emails they sent, including those that caused someone to unsubscribe from the mailing list.

“With so many new channels to put to work for your business, our definition of “audience” is changing to include all of the contacts you can market to regardless of their email opt-in/subscriber status. So that happy customer that’s been on your subscriber list for two years? They’ll still be a part of your audience. But those customers that unsubscribed and that customer that attended your event but never opted into your newsletter? They’ll be in your audience now too,” MailChimp wrote in an email they sent to their users to notify them regarding the new policy update.

Naturally, Mailchimp clients aren’t happy with the new update and have expressed their concerns regarding the new pricing model in the famous email services company as their monthly charges can go up to as much as 100%. Notwithstanding, confusing over the new pricing policy has also triggered a response from the notable business guru David Gaughran, who said that users should shift to a better alternative than the new MailChimp. In a blog post that Gaughran posted in his website, he said that he is also confused regarding whether or not the latest policy updates will affect old accounts and responses from Mailchimp did not ease the confusion either.

“The situation was compounded with a lot of confusion, as the Help pages at Mailchimp weren’t yet fully updated to account for these changes, and Support seemed confused about whether existing users would be grandfathered in under the old terms. First, Mailchimp explicitly told me in an email that legacy users would be affected by this new policy,” Gaughran wrote in a blog post.

“Several hours later, after a hugely negative reaction online, Mailchimp appeared to backtrack, saying that legacy users would be unaffected by these changes — which would only apply to new users. Whether this was a change of heart, or muddled messaging, or a simple error, it’s hard to know for sure,” he added.

An analysis made by Gaughran also states that free plan users will be the ones who will be affected by these changes the worse. At first, a new user will remain free-of-charge up until they reach 2000 subscriber, after which they will transition to a paid plan. With the new pricing policy, not only the free plan accounts will count unsubscribed emails in the initial 2000, but they will also transition to a paid plan soon after, which costs them more money.

“Mailchimp failed to respond to these inquiries and would only confirm that if you purchase any add-ons to your legacy plan, this may immediately trigger a move to the new pricing regime. So, I think it’s probably wise to conclude that this change will come to Legacy Monthly plans too, sooner rather than later, I would guess — probably under some guff about “harmonizing our payment plans” or similar corporate blather,” Gaughran laments.

Continue Reading

Today’s Latest

Our Voices

We reviewed RingCentral's VoIP offers We reviewed RingCentral's VoIP offers
Our Voice4 days ago

RingCentral VoIP Review

VoIP has had a significant shift from a technology exclusively used by the early adopters or hobbyist to a widely...

April Fools April Fools
Our Voice2 months ago

April Fools Jokes Aren’t Just “Jokes”

April Fools is undoubtedly a fun day, exceptionally if you have crafted the most elaborate prank on your friends and...

Facebook Facebook
Facebook2 months ago

Facebook Should Do Better At Processing Community Standard Violations, And They Should Do It Fast

A few months ago, I saw a photo of myself used by another Facebook account with a “R.I.P. (Rest in...

With reports of artists committing harassments, should you separate the art from the artist? With reports of artists committing harassments, should you separate the art from the artist?
Our Voice2 months ago

Supporting Problematic Artists And Their Arts, An Opinion

As the world becomes swarmed by reports of famous artists – musicians, comedians, actors, painters – being alleged or in...

How to regulate facial recognition without possible risks How to regulate facial recognition without possible risks
Our Voice2 months ago

Ethical Regulation Of ‘Facial Recognition’ Is A Shared Responsibility

There is an ongoing discussion both in online and offline spaces regarding the growth of facial recognition technology and its...

Solving Data Breachs, must focus on SMBs Solving Data Breachs, must focus on SMBs
Cybersecurity2 months ago

Data Breach Epidemic: Solving The Problem In SMBs Will Solve The Problem For All

In the last two weeks, we’ve witnessed a vast amount of data breaches and information leaks, and the issue has...

Here's why we agree to Jacinda Ardern, New Zealand Prime Minister words of not naming mass shooter suspects Here's why we agree to Jacinda Ardern, New Zealand Prime Minister words of not naming mass shooter suspects
Our Voice2 months ago

We Agree To PM Ardern Of Keeping Christchurch Murderer Nameless, And The Media Should Listen

In the wake of Christchurch mosques shooting in New Zealand that killed 50 people at two mosques, the shooter is...

Apple Anti-Snooping Paten Apple Anti-Snooping Paten
Apple2 months ago

Apple vs. Police Authorities; A Cold War Against iPhone’s Anti-Snooping Patent

To protect its customers from hackers and illegal surveillance, Apple is developing an anti-snooping technology that would impede police and...

Fighting misinformation over measles outbreak Fighting misinformation over measles outbreak
Our Voice2 months ago

An Epidemic: Measles Or Misinformation?

2018 was the year when people started asking the question: ‘should I get my child vaccinated?’ Most people answered yes,...

Join us as we delve into the future of the VoIP industry Join us as we delve into the future of the VoIP industry
Our Voice3 months ago

Take A Look At The Predicted Future Of The VoIP Industry

For the past 20 years, VoIP has become an integral part of the lives of millions of people around the...

Contact Center Solutions Contact Center Solutions
Business3 months ago

Choose The Right Call Center And The Best Contact Center Solutions of 2019

The Ins And Outs Of Business Communication Management For your business to exist in today’s world, you must know how...

Instagram poses as a threat to some of the world's most famous location Instagram poses as a threat to some of the world's most famous location
Our Voice3 months ago

How Instagram Corrupts Famous Locations In The World

Is Instagram corrupting the beauty of breathtakingly beautiful locations and sucking all the joy out of traveling? With the era...

How one can earn crypto How one can earn crypto
Our Voice4 months ago

Ways To Earn Cryptocurrency

Cryptocurrency is one of the growing medium for exchange in most countries as it offers a more convenient and safer...

Ending Payday Loans Ending Payday Loans
Our Voice4 months ago

Can We End Payday Loans?

We can’t neglect the fact that debt is one of the pressing problems in the country, especially in today’s economy....

How will 5G change our lives -- Our Voice How will 5G change our lives -- Our Voice
Our Voice4 months ago

Jumping From 4G To 5G: Here’s What 5G Can Do For You

One of the most awaited advancements in technology is the cellular industry. With its monthly updates on software, model and...

VoIP vs Traditional Telephones: Cost Factors to consider VoIP vs Traditional Telephones: Cost Factors to consider
Our Voice4 months ago

What are the cost factors of VoIP?

In the next few years, we might be saying goodbye to traditional telephone systems in exchange for Voice over Internet...

Manufacturing Firms Investment on Technology Manufacturing Firms Investment on Technology
Our Voice5 months ago

Manufacturing Firms are Investing More on Technology

Based on the recent research on how manufacturing companies are coming up in the market industry, they have been increasing...

How to properly take Technology Innovation in companies How to properly take Technology Innovation in companies
Our Voice5 months ago

Technology innovation in companies—for the better or the worse?

Technology has significantly impacted both homes and workplaces in the last years. As much as we want to keep our...

Trending