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Subscription fees likely to be increased owing to hike in royalty 01 February 2018

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 …

iTunes all set to debut in Microsoft Store 31 January 2018

As per a report by ITHome, the recent build of iTunes for Desktop application imbibes a sign that confirms the app is coming to Microsoft Store soon. The evidence comes in the form of a DLL file named “iTunesUWPdll” which indicates a part of some preparations for the app. Last year, although it was announced …

Apple responds to Spotify with a new dashboard for artists 25 January 2018

In response to arch-rival Spotify’s products for artists, Apple has launched a new dashboard which will allow artists on Apple Music to track fans’ listening and buying habits. The dashboard is called Apple Music for Artists and is available to select beta users before it gets a bigger launch later. In April 2017, Apple had …

Wynk Music gives tough competition to JioMusic in India 24 January 2018

Wynk Music, the OTT music app of Bharti Airtel has crossed 75 million app installs and recorded 100% spike in Indian regional music streaming. The company revealed that 13% of the active user base is from the rural market and it contributes nearly 10% of the overall daily audio streams. In its quest to outdo …

Spotify announces “Spotlight” to enhance podcast quality 22 January 2018

Swedish streaming giant, Spotify has announced the year’s first major feature announcement in a format called “Spotlight” that allows podcasters to complement their audio presentations with visual media. The media can be photos or text as well. While the first Spotlight-enabled podcasts focus on music, pop culture, politics, and sports, other podcasts with specific topics …

Amazon Prime Music and Spotify stand neck and neck in Germany 19 January 2018

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 offers free data for Netflix and Apple Music 18 January 2018

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. …

YouTube plans to launch new music subscription service 13 December 2017

According to sources, YouTube has plans to introduce a paid music service in March 2018. Seemingly, Warner Music Group, one of the biggest major record labels globally, has already signed a deal with YouTube, and Alphabet Inc. is also in talks with Sony Music Entertainment and Universal Music Group. The company is aiming big to …

Revenues Surging for Spotify 02 November 2017

The music industry is expecting its third consecutive year of growth in 2017, thanks to many paid subscription streaming services including Spotify. In the first half of 2017, it recorded a revenue of 1.9 billion euros ($2.2 billion), which is nearly 70 percent of the annual revenue that Spotify reported in 2016. At this pace, …

Licensed Audio Streaming Up by 8%: Reports 18 October 2017

According to the International Federation of the Phonographic Industry’s (IFPI) 2017 Music Consumer Insight Report, global consumers listening through a licensed audio streaming service has grown to 45% from 37% last year. 96% of all internet users consume at least some licensed music, even as 40% of consumers still access unlicensed music. Some 90% of …

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