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Streaming subscription service YouTube Premium makes debut in seven countries

Paid streaming subscription service, YouTube Music Premium and YouTube Premium have gone live in seven new countries, marking its presence felt in 25 global markets. Previously known as YouTube Red, YouTube Premium provides users access to ad-free video streaming services. Launched in June, YouTube Premium is expected to cost  $11.99 per month, and is expected …

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Deezer to feature local radio stations

Live music streaming platform Deezer has added local radio stations to its platform where online music streamer can listen to popular radio stations by categories such as “music”, “talk”, and “international”. Deezer, the French audio streaming platform is slowly catching up to its rivals such as Apple Music, Prime Music, Google Play Music, and Spotify. …

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Pandora’s paid subscriber base grows

Music streaming company, Pandora Media has reported a growth in paid subscribers for the second quarter of 2018, thus driving its shares 12 percent higher. Facing competitions from bigger rivals such as Spotify, Google Play Music and Apple Music hasn’t deterred Pandora from  introducing tailored playlists for its premium users. As of June 30, Pandora …

Spotify hits 83 million paid subscribers

Music streaming giant Spotify has 83 million paid subscribers amount to a total of 180 million daily active users as reported in its second-quarter earnings report from 2018. Spotify’s daily active user base has grown 30 percent year-over-year. Additionally, Spotify also states that its revenue has increased up to 26 percent year-over-year. The online music …

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Sony LIV app installs get doubled in the Q1

SonyLIV’s video-on-demand app installs has doubled its share in terms of app installs, if reports are to be believed. SonyLIV’s share of app installs has increased to 13% by the end of the quarter from 5.9% whereas popular OTT platform Hotstar managed to retain its top position as the most downloaded app despite a 6.6% …

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Google Play Music to merge with YouTube Remix

Technology giant, Google is reportedly shutting down Google Play Music as part of its long-rumored video and audio cleanup. The subscription-based music streaming service will be replaced by YouTube Remix later this year. The new offering will offer both on-demand video and audio content sourced from YouTube. Google released a statement saying “We’ve previously announced …

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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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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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Spotify soon to launch in India

According to Deloitte, Indian music streaming market is set to touch Rs 3100 crore by 2020 and the report has certainly interested Swedish streaming giant Spotify to explore the market. While the details are yet to be unfolded, the company had reportedly leased out an office in Mumbai in 2017. Indian music streaming market is …

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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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