VENTURE CAPITAL POST

By the third quarter of 2024, the streaming services in the U.S. will reach $17.3 billion, mostly driven by ad tiers and strategic collaborations.

Soundcloud's financial report revealed that the company is experiencing significant loss in 2014, and the losses had started from several years before. The 2014 loss was due to large expenses, even though Soundcloud's revenue actually experienced a growth. The company expects to face losses for the next three years, but they are striving to plan strategies to increase income.

The countdown begins for the 2016 Summer Olympics kicking off August 5, 2016. It may be too far off still for most of the 200 million Americans or more to watch this exciting event with different games. Not for marketers, technology firms, and media companies whose goal is to capitalize on the interest and attention that the 2016 Olympic Games will provide.

Apple Inc has approached more than a dozen musicians, including British band Florence and the Machine, in an effort to sign exclusive deals for some of their music to be streamed on Beats, Bloomberg reported, citing people familiar with the matter.

Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. The Chapter 11 filing on Thursday night came five months after the U.S. Supreme Court said Aereo violated broadcasters' copyrights by capturing live and recorded programs on miniature antennas and transmitting them to subscribers who paid $8 to $12 a month.

Denmark's Waoo!, Sweden's Com Hem and the UK's Virgin Media are the latest additions to the Netflix galaxy of streaming partners.