What the utility of the future looks like

Gigaom

As utility industry trade show DistribuTECH wrapped up last Thursday, attendees got a peek at not only new product offerings — from smart thermostats to software platforms that manage smart meter data — but also the potential for what a utility of the future might look like.

In a Pike Research webinar held at the event, Andres Carvallo, the chief strategy officer of smart grid network software provider Proximetry, noted that the smart grid has “reached the teenage years” and is “still evolving.” As it grows up and reaches its full potential, I’ve put together five important ways in which how we interact with our utility can be revolutionized and why they matter.

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Bronfman: Spotify is a real and growing revenue stream

Gigaom

Warner Music Group Chairman Edgar Bronfman, Jr. is a big fan of Spotify. In fact, at the D:Dive Into Media conference, the music mogul touted the music streaming service as a complementary service on top of other sales channels.

In what is likely his final interview before leaving Warner Music, Bronfman defended Spotify’s ability to drive more value for artists and labels. “Everywhere we look, Spotify is incrementally positive,” Bronfman said. Later in the discussion he noted that the streaming music startup is “a real and growing revenue stream.”

That said, Bronfman noted that part of the success comes from a deal that Warner Music helped to negotiate that passed on more value to labels and artists. “They have Warner Music to thank for a much better economic deal. We insisted on a much stronger deal and refused to sign unless we got that deal,” he said.

In addition to…

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