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Online music streaming sets tune for global music industry as live streaming outshines digital download

Online music streaming has finally edged out digital downloads and physical sales, becoming the industry’s biggest source of revenue. Live music streaming services such as Spotify and Apple Music, now make up 34.3 percent of sales, up from 29% the year before. According to reports, global recorded music revenues led up to $17.4 billion in …

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Spotify all set to debut in Indian music streaming industry

Swedish audio streaming giant, Spotify is prepping up to launch its services in India which is home to 1.3 billion people. Spotify is hoping that the global music-streaming service will be a great success in India due to their musical culture. Spotify CEO, Daniel Ek quoted that they are “working on launching in some of …

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Popularity of Audio streaming results in higher music sales in the US

According to reports, the rise in music streaming has led to significant growth in music sales in the U.S. The registered revenue which grew at a rate of 16.5% has hit a level, last seen a decade ago as per the report. Recorded music sales clocked at USD 8.7 billion returning to the revenue level …

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Amazon Prime Music inks deal with IPRS for ad-free music streaming

Amazon India and Indian Performing Right Society (IPRS) have joined hands for ad-free music streaming service, Amazon Prime Music. Amazon Prime Music will have access to more than a million titles in multiple languages of different era and genres. IPRS which is the authorized body to issue licenses for usage of musical works and literary …

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Facebook to have its own Alexa

The thriving success of Google Home and Alexa have prompted the social media giant Facebook to come up with its own smart speaker and if rumors are to be believed, it may see the daylight in the upcoming summer itself. Allegedly named Aloha and Fiona, are tipped to arrive with 15-inch displays and will have …

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Subscription fees likely to be increased owing to hike in royalty

The Copyright Royalty Board of the U.S. Library of Congress has increased the royalty rate from 10.5% to 15.1% of total revenues of streaming services to be paid to artists and their publishers. With the decision standing effective from 2018 to 2022, an increase in the subscription fee might be on cards. Music streaming services …

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Amazon Prime Music and Spotify stand neck and neck in Germany

According to a report, Amazon Prime Music has 18% penetration in Germany when it comes to weekly active users and the data is too captivating for Amazon, as it is only a percent behind its Swedish counterpart, Spotify. While in Germany, Amazon has left Apple Music (7%) far behind, in the US and UK, Apple …

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VOXI offers free data for Netflix and Apple Music

VOXI, as part of its SIM-only deal, is offering free video and music data passes for six months. The deal is only meant for user aged 25 or below. The Music Pass which costs  £5 a month can be used to play music on Spotify, TIDAL, Deezer, Napster, SoundCloud, Amazon Music Unlimited, and Prime Music. …

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Amazon Prime Music strikes content deal with Zee Music

After hinting the launch of Prime Music in India for months, Amazon has formally announced its partnership with Zee Music. However, the exact date of launch for the streaming service and the financial aspect of the deal is under wrap. Amazon Prime members can avail the new service at no additional cost and moreover, the …

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Amazon launches Prime Music in Canada

Amazon Canada announced the launch of Prime Music. All Amazon Prime members in Canada can now listen to more than one million songs, on-demand and gain access to hundreds of curated playlists and personalized stations. All Prime members in Canada can stream Prime Music on the Amazon Music app installed on devices supporting iOS, Android, …

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