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Eros Now inks music distribution deal with Amazon Prime Music

Eros Now, the global Indian entertainment company, announces a content-distribution deal with Amazon Prime Music. As per the collaboration, Amazon Prime Music in India will now have access to Eros Now music content that includes Bollywood blockbusters and popular tunes from various regional languages. Prime Music streaming subscribers can stream the full catalog of Eros …

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ByteDance to Launch Music Streaming Platform like Spotify in India

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 …

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Amazon Ready to Launch a Free Music Streaming Service by the End of April

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 …

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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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