ByteDance, the Chinese internet company behind TikTok, is now in talks to launch Spotify-like music streaming app for the Indian audience. According to reports, the company has already secured deals with two leading music labels in India – T-Series & Times Music and is expected to roll out the services around this fall. In the …
According to insider sources, e-Commerce giant – Amazon may launch its free ad-supported music streaming service before the end of this April. The service would be made available only on company’s Echo devices through Alexa and is supposed to offer a limited catalog of tunes of major music labels. Currently, Amazon has two music streaming …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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. …
