Songza how does it make money




















Apple Inc. That same functionality is why Songza, a streaming music site headquartered in Long Island City, is reportedly now in Google's acquisition crosshairs.

On Friday, the New York Post cited two sources saying the search giant has offered to buy the 7-year old company, founded by Scott Robbin and Aza Raskin and later sold to the owners of Amie Street.

But considering Songza's relatively small market share, 5. Curation is the hot new battlefront in online streaming music, for straightforward business reasons.

The New York-based startup aims to re-write the songbook on how an online radio service ought to run. One key difference: it has no mood-killing audio ads. It also limits Songza Media Inc. The lack of interruptions helped Songza get downloaded 1. The company now enters a race to become the biggest, or at least among the biggest, online radio services, before an inevitable shake-out decimates those unable to turn a profit. He says that an eventual slowdown in growth will allow ad sales to catch up.

He says Songza might not survive the rigours of the free music business, like Imeem before it. They hit the reality of the business ultimately. The deal gave Swift and other artists an unprecedented slice of royalties based on traditional radio station airplay. Slacker Inc. The lack of interruptions helped Songza get downloaded 1. The company now enters a race to become the biggest, or at least among the biggest, online radio services, before an inevitable shake-out decimates those unable to turn a profit.

Royalties amount to a fraction of a penny per song play, and rapid growth has outstripped Pandora's ability to sell ads. He says that an eventual slowdown in growth will allow ad sales to catch up. He's pinned hopes for cutting costs on a government royalty-setting process that starts in He says Songza might not survive the rigors of the free music business, like Imeem before it. They hit the reality of the business ultimately. The uneven economics of the online radio business were highlighted by a deal announced two weeks ago between traditional radio station giant Clear Channel and Taylor Swift's record label, Big Machine.

The deal gave Swift and other artists an unprecedented slice of royalties based on traditional radio station airplay. In exchange, they agreed to cap their share of revenue made on Internet-delivered radio songs from Clear Channel's iHeart Radio service.



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