Top weekly news from the mobile & tech industry selected by Neomobile
Global digital music revenue by category: 2008 vs 2013
Global digital music revenues reached an all-time high of $5.9 billion last year as revenues from streaming services, both ad-supported (+17.6%) and subscription-based (+51.3%), saw strong growth that outweighed a slight decline in download sales (-2.1%).
Looking at the past five years, downloads are still up by more than 50%, however, the recent slowdown suggests that the download market may have peaked, while streaming services such as Pandora, Spotify and iTunes Radio are just taking off. Considering the slowdown in download sales, it makes perfect sense that Apple is reportedly thinking about launching an on-demand streaming service that goes beyond iTunes Radio.
Twitter acquired TV analytics platforms Mesagraph and SecondSync for undisclosed amount
Twitter, the San Francisco, California-based messaging service, has acquired French Mesagraph and UK-based SecondSync, TechCrunch reported, citing a company announcement.
Finacial terms were not disclosed.
Mesagraph and SecondSync are both social media analytics companies which measure user engagement around TV shows.
SecondSync had previously received backing from WPP subsidiary Kantar, the article noted.
Microsoft bought wearable computing assets for $150m
Microsoft has acquired various assets from wearable computing specialist the Osterhout Design Group for a rumoured $150 million.
According to a report on Techcrunch, Microsoft was in discussions to buy ODG outright in September last year, but the deal ultimately turned in favour of an IP acquisition. The transaction closed last year, with all relevant patents and IP transferred in January.
While Microsoft has so far offered no official comment, the deal has been confirmed by ODG founder Ralph Osterhout. A separate source attached the $100 million to $150 million price-tag.
As a result, Microsoft now owns more than 80 patents – 6 of which have been issued, the remainder of which are in progress – relating to wearable computing and head-mounted displays.