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Top 100 Music Related Companies Ranked by Momentum Index

Here we take a second look at the music sector now that Pandora has gone public. Can anyone catch Pandora? There are a host of challengers all seeking to dethrone the king by delivering unlimited music to any device. There is a lot of competition in this space and very little margin. Many of these companies seem to be losing ground. We think the winners in music discovery and customized radio are decided.

We see interesting innovation building bridges between artists and their fans (Vevo, Eventful and Our Nation). Ticketing continues to be an area that looks promising with Ticketfly and RazorGator. Overall, however, we don't see many exciting companies in this sector.
We Like: Eventful, Our Stage
Big Movers: Beyond Oblivion, Rdio,
Ticketfly, Music Mastermind
Our Favorite: The Echo Nest
Read this and note how Pandora
competitors show slowing growth.

Momentum Index Top 20 List

Here are the Momentum Index top 20 music related technology companies and our take on each.

Rank Company Momentum Index Total Reported Fundraising Our Take Cheer for
a Company
1 95.9 +10.6 $183,240,000 RECENT FINANCING
Spotify’s US launch showed that its good to be friends with Zuck.
Cheer about Spotify on Twitter
2 92.4 +11.6 $64,950,000 Sonos is riding high, but we are concerned that Apple’s Airplay Express will give the multitudes their multi-room music. Cheer about Sonos on Twitter
3 81.5 -2.5 $32,000,000 RECENT FINANCING
Shazam drives $100M of digital music sales a year. We wonder how much of that they get to keep?
Cheer about Shazam Entertainment on Twitter