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Business News (more headlines) 05-29-2016

Electric Jukebox And Moodagent To Help Lost Music Consumers Discover Music Streaming

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Moodagent, the Danish music tech company renowned for its accuracy in music recommendations, playlists and innovative discovery solutions has been selected by British music streaming company Electric Jukebox as its music discovery and recommendations provider. Electric Jukebox creates fun and easy to use music products for the 92% of consumers who aren't subscribed to music streaming services today. Electric Jukebox has partnered with Moodagent to help these consumers, currently lost to the music streaming industry, to discover the joys of streaming through a range of new music discovery features on Electric Jukebox.

Electric Jukebox CEO Rob Lewis comments: "Our partnership with Moodagent enables us to bring a range of innovative new music recommendations features to Electric Jukebox. We created Electric Jukebox because we believe everyone has the right to music in their home and lives. Introducing discovery features that work effortlessly, making it easy to find the music you love from a catalogue of millions of songs, is a key part of our mission to make streaming accessible to a wider audience."

"Electric Jukebox is set to get better and better; with our TV music streaming product built in HTML5 we can seamlessly add new features over time, including Moodagent powered functionality, enhancing our user's music experience without user intervention."

Moodagent CEO, Peter Berg Steffensen, comments: "We're truly excited about bringing the Moodagent technology to the Electric Jukebox. This device offers great new possibilities for discovering music, where gesture controls & voice commands are naturally integrated into an easy to use interface. We're looking forward to collaborating with the Electric Jukebox Company to explore the next generation of music discovery solutions."

Moodagent is a preferred provider of music data and discovery solutions for many of the World's leading enterprises in the entertainment industry, as their proprietary methods for track level audio analysis provides data of an unrivalled quality. Moodagent technology is based on a unique combination of artificial intelligence and human musicology. Neural networks are constantly calibrated by trained musicologists, allowing for an automated profiling process that unlocks the musical and emotional characteristics of each track in Electric Jukebox's music catalogue. This detailed information will be used to enhance the experience of Electric Jukebox users by generating recommendations that sound and feel very natural to the user.

The Electric Jukebox Company creates fun and easy to use music products for the home, making music streaming easier and more accessible to everyone. Its first product, Electric Jukebox turns your TV into a music jukebox with millions of songs to enjoy in high quality with hundreds of curated music channels, charts and exclusive celebrity mixtapes. Moodagent powered discovery and recommendations capabilities will be integrated into Electric Jukebox as the product evolves.

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