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Mel i will be very surprised if our revenue is under i million tomorrow , we will soon find out :)

Italian i am hoping for a revenue surprise tomorrow fingers crossed :)

Italian i am hoping for the revenue to show a couple of million because of the 1000% increase , and there will be a lot of clicks to buy the shows after the invent IMO , doesn't matter this is part of a major music industry revolution and we are leading the way , the industry has allowed us to buy Napster and swallow the debt -----------------------------------------

Italian yes , nothing to worry about when we see it :)

100% agree , next month will be showing us all the threads pulling in , all us LTH deserve an 18p open imo .

Stu 222

thats odd , something is brewing here , i have no idea what it could be , have you been following this share ?

https://www.timeout.com/newyork/theater/the-future-of-theater-in-nyc-extends-into-virtual-reality

Could it be the Melody Humphrey straw sucking up all the good stuff !!!!

https://www.equities.com/news/realnetworks-inc-rnwk-plunges-10-56-on-october-28

Strange you would think the share would go higher with whats going on ???

And yesterday, Rhapsody, which owns Napster, was acquired by immersive music performance startup MelodyVR, which has built a business around virtual concert performances. MelodyVR has also been working on events with big organizers like Live Nation and others in the wake of COVID-19 rules preventing large in-person gatherings. MelodyVR has large ambitions to take its virtual concerts up a gear, now with the added benefit of providing a large streaming catalogue alongside those video experiences.

Others reportedly interested in building up virtual music performance services include Twitch, which is deepening its ties to the music industry. And don’t forget that Apple in 2018 quietly acquired Platoon, a group of A&R experts that could help the company be closer to sourcing and discovering talent and working with artists, perhaps also in the name of developing live performances.

Combined, these efforts could help push the livestream market forward, after steady increases on the monetization front over the years. Data from virtual concert platform StageIt, as reported by Billboard, noted fans were paying just $3.75, on average, for a 30-minute livestream in 2011. This has since grown to $16.50. Ahead of the pandemic, PricewaterhouseCoopers had projected live music events would generate $28.8 billion in revenue in 2020. But whether Spotify taps into the full potential of the market as it plays out on the virtual stage remains to be seen.

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CE Pro Editors • August 14, 2020

Sonos’ Trueplay EQ correction technology helps differentiate the new Arc soundbar, Ted Dworkin notes.

Recently, CE Pro virtually sat down with Ted Dworkin, SVP of product management, and customer experience, Sonos, to discuss the company’s new Sonos Radio feature, integration of high-res audio, and much more.

Why did Sonos launch Sonos Radio and what makes the service unique?
Our customers love radio. Around half of all listening on Sonos is radio, and so much of that is about the range — from hyper-local and genre-based stations to global stations, even from places you may never visit. We wanted to expand the choices and felt like we had a point of view on the programming that customers would appreciate.

Sonos Radio is broad and deep, bringing together more than 60,000 stations alongside original programming we provide. Our open platform gives customers choice and content partners an opportunity to reach those customers, and that’s the same premise in Sonos Radio. We work with Internet radio services including TuneIn, iHeartRadio and Napster to power the service and bring great content into one collection.

I will have to disagree for the first , only IMO , i think the nature of the worth will be the equation which the Arden report will point out , and that will be all the positive and negative which is shown in all the financials , i would love to see 18p :)

IMO , we cant ignore 195k revenue and 40 million debt taken on for Arden's new valuation , just being conservative here , i cant see how Arden can give us a higher price than 18p when they will have strict calculations and equations , but then i dont understand how much the deals are worth and i have had a go it was mind boggling !!!!!!

Hi Lofas

the valuation when was that set please.

can you link me thanks.

Yes and they have been very busy acquiring other companies , looks like there is a something on the horizon :)

Mel what RNS would you like to see .

https://eurowire.co/coronavirus/464601/digital-albums-market-share-forecast-to-witness-considerable-growth-from-2020-to-2025-by-top-leading-vendors-spotify-deezer-apple-iheartmedia-etc/

every day more great news :)

https://www.smartcitiesworld.net/news/news/use-of-vr-and-ar-to-grow-across-the-smart-cities-sector-through-5g-5797

About us
Recochoku provides digital music service to consumer through the mobile phone mainly in Japan. Major Music Label (Sony Music, AVEX, Universal Music, EMI, Victor and others...) invests to this company. The company main role is to sell music to consumer directly by Music Label.

DIRECT !!! :) could face book morth into a fairer business model . the one that breaks the greedy grab will win the public imo .

So many threads to be pulled together .

Revenue 195k and a 1000 % in views increase but mostly free so not expecting anything great imo .

Adverts will be huge once this gets going :)

Napster rose to prominence in the early 2000s as a platform for downloading music. It is now a provider of music streaming technologies and services for businesses, operating in four continents and 34 countries with a premium subscription service.

The company is headquartered in Seattle, with offices in the US, Europe, Asia, and Latin America.

In 34 countries and offices in the 4 most strategic areas :)