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- MOG Has Created The Ultimate Streaming Music App; Too Bad It May Never LaunchToday
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MOG demo’d the next version of their popular music service to me today, and I was impressed. It combines a best of breed interface with free on demand streaming and a Pandora-like music recommendation engine. The trouble is, it may never launch because only two of the four major music labels are supporting it so far.MOG has a history of doing cool new things around music. The service today includes a media player plugin that records and analyzes your music habits, a website that has a dedicated page for every artist, album and song with user generated reviews and posts, and an advertising network that provides revenue for 300 top music blogs. Users can also stream music via an excellent front end to Rhapsody.
All of that brings about 5 million unique visitors a month to their network, and the company says they should bring in about $5 million in revenue in 2009.
Now they’ve created a new music streaming product that breaks away from Rhapsody and its limitations. Like competitor ilike, which also uses Rhapsody, users can only stream 25 songs per month for free. That doesn’t compete well
- Use Otalo To Search For Vacation RentalsToday
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Vacation rentals are big business. HomeAway, which owns a dozen or so vacation home listing sites, just raised $250 million in a venture round that values the company at more than $1 billion. But listings are spread across lots of sites - what the industry needed was a good central search engine for all those vacation home rentals. It’s also a pain to do lots of searches on different sites because you have to enter where and when you want to go, making it a lot more complicated that a standard search engine query.
That’s just what Otalo, which just launched, is doing. They are starting off with 200,000 listings. The company was founded by Michael Giles (the founder of Furl) and Baer Tierkel. The name Otalo comes from the Zen symbol enzo - “O” - with the Finnish word for house - “talo.”
The company will earn commissions from the referral of customers to the various vacation rental sites. By the way, if you always stay in hotels on trips, you should try renting a house sometimes. It’s much calmer and usually a lot cheaper. You can also get great deals at the last minute.
Crunch Network: CrunchBase
- AOL Exec Kevin Conroy Out After Product Empire DismantledToday
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AOL’s EVP of Products and Marketing Kevin Conroy is leaving to take a new position at Univision. This isn’t much of a surprise - we speculated on his future back in July when he announced (internally) the shuttering of four of his products (Xdrive, AOL Pictures, Bluestring and MyMobile). That still left him with AOL Mail, MYAOL, the AOL client, Userplane and Truveo, among others. But each of those products seemed to be a better fit in a different organization.
CEO Randy Falco’s memo to AOLers:
Dear AOL colleague,
I’m writing to tell you that Kevin Conroy has accepted a position as President of Interactive Media at Univision. I want to thank Kevin for all he’s done on behalf of AOL during his time here, particularly over the past two years. I’m proud to have worked with Kevin and happy for him as he takes on this new role.
When I arrived here two years ago,
- Apple’s Lowered Expectations Pay OffYesterday
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Today’s keynote presentation by Phil Schiller has been widely regarded as a relatively lackluster affair. That isn’t to say it went badly - I’m genuinely excited about some of the new software updates. But the Macworld keynote in years past has been home to some very major product announcements, including the Macbook Air, the MacBook Pro, and perhaps most notably, the first iPhone. Investors have learned to expect big things from Apple every January, and for at least the last four years their reactions to the keynote have weighed heavily on Apple’s stock price.
Except for this year. And that’s no accident.
A site called the Keynote Index Fund has tabulated just how big these stock swings have been over the years. In 2006, Apple launched some of its first Intel-based computers, and was rewarded with gains of 10.3% over the two days following the announcement. The next year, the launch of the iPhone and the Apple TV was met with an increase of a whopping 13.5% over the same time period.
But the stock has taken a major hit whenever the keynote didn’t live up to expectations. Last year, Apple released products including Time Capsule, Movie Rentals, AppleTV 2, and Macbook Air - an imp
- Pandora Radio 2.0 Lands On The iPhone TonightYesterday
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Pandora Radio, the personalized internet radio service that has remained among the most popular iPhone apps on the iTunes App Store since its inception in July (and that I’ve previously called the iPhone’s killer app), will be releasing its most significant update yet later today.
Dubbed Pandora 2.0, the application will now include artist biographies, streaming samples for songs you’ve bookmarked, and perhaps most notably, the ability to create a station using a single song (much as you would using the iTunes Genius features). Other features in the new release include a CoverFlow-like view for song history, the ability to share stations with friends using Email, and a song progress bar (which has long been annoyingly absent).
Pandora has been around for years, offering a very powerful music recommendation engine powered by The Music Genome, which employees professional musicians to describe each song using over 150 attribute (or “genes”). Its iPhone app closed out 2008 ranked as iTunes’ top free application overall,
