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Global acquires audio streaming service LeanStream in Canada

The Media & Entertainment Group, Global has purchased the digital audio sales division of Canadian based audio streaming service, LeanStream. With this move, Global is optimistic of bringing DAX to Canada and will enable an ad sales and ad tech footprint in the country. The acquisition is expected to increase the audio platform’s global reach …

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Audio streaming platform LIVE365 launches in UK

Leading audio streaming platform LIVE365 has partnered with music licensing organizations PPL and PRS to go live in United kingdom. With the deal, users can stream content in UK with full UK, US and Canadian coverage. Jon Stephenson, CEO, LIVE365  quoted, “Our mission continues to expand by delivering the most diverse audio content to users …

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African American consumers adopt streaming services

African American consumers have espoused technology to a great extent which has now unprecedented impact on the country’s economy, culture, and society, a study reveals. African Americans participate more than other ethnic groups in the country when it comes to video streaming, audio streaming, gaming, owning a smartphone, adopting technology etc. The study also says …

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Music streaming company iHeartMedia all set to acquire Stuff Media

Leading audio streaming company in America, iHeartMedia has signed a strategic deal to acquire Stuff Media, LLC, a leading publisher of entertaining and informative podcast content. With this deal, iHeartMedia can leverage Stuff Media’s original content, programming and experienced podcasting management team to further expand its podcasting platform, increase its position as commercial podcast publisher …

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Twitter Is Launching Audio-Only Broadcasting In Periscope on iOS

Following Facebook’s footsteps, Twitter is introducing testing audio-only streaming to Periscope on iOS with same plans for Android in the pipeline. The feature will benefit users who are camera-shy and also publishers who do not have the technical setup to live stream video. Video streaming might be the most popular, but audio-only streaming or live …

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TLD3 aims to move into wireless audio streaming market

TLD3 Entertainment Group has closed the acquisition of assets of Digital Legend, a developer of wireless audio streaming and music social network software. With this acquisition, TLD3 will now own and control the global marketing and development rights to Mbox wireless audio streaming technology and Take It 2 The Next Level’s music social networking application. …

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Music streaming services gain popularity in Germany

According to reports, nearly 7 out of 10 internet users in Germany (69 percent) claim to use music streaming services. Around 15.40 percent of respondents said to have used music streaming services such as Spotify and Napster, while one-third of users (34 percent) said to have subscribed to pay-for-premium streaming services. The report also states …

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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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Spotify registers smooth debut on NYSE

Swedish Audio streaming giant Spotify went public this week on the New York Stock Exchange and registered a smooth debut by ending up 12.9% on the first day. Spotify’s share opened at $165.90, up nearly 26 percent from a reference price of $132 set by the NYSE. The stock ended the session at $149.01, thereby …

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Spotify spreads musical vibes to Israel, Romania, South Africa, and Vietnam

Swedish audio streaming giant Spotify has expanded its footprint to Israel, Romania, South Africa, and Vietnam. The expansion has come just ahead of Spotify’s public enlisting in New York stock exchange. Expansion to the above-mentioned countries takes Spotify’s global tally to 65 markets. The music streaming giant’s counterparts such as Deezer (189 countries) and Apple …

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