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YouTube follows footsteps of Apple Music

YouTube Premium’s music component which is competing with Spotify and Apple Music in the music streaming arena has introduced student pricing scheme following the footsteps of its counterparts. Students can now enjoy a 50 percent discount on YouTube Premium and YouTube Music Premium. By paying just $4.99 a month students can now experience the service …

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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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Paid music streaming subscription might touch 235m by year end

According to research reports, music streaming services continues to rise. The number of people subscribing for paid music streaming is set to touch 235 million worldwide by the end of 2018. Growth of music streaming services, wider acceptance of streaming media in all forms and smarter device updates are few reason which have led to …

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Apple eyes global music publishing division within audio streaming platform Apple Music

Tech giant Apple has been planning to introduce a global music publishing division within its audio streaming platform Apple Music paving way for publishing music without the need for third parties, assuming artists and others are willing to go along. According to sources, the Music Publishing Team is expected to have several sub-divisions such as …

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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 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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Cadillac Models now have Spotify app

Swedish music streaming giant Spotify has introduced a standalone app for Cadillac which will enable the Cadillac owners to access the app without a phone. The app which is integrated into the infotainment system will use the built-in 4G LTE connection, a feature which is available in most new models from the US manufacturer. Integration …

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Spotify optimistic about closing 2018 with 92-96 million paying users

Swedish music streaming giant Spotify is expecting to register 92-96 million paying customers by the end of  2018 against 36 million paid subscriber count of its arch-rival Apple Music. Spotify quotes premium subscribers as the ones who have completed registration with Spotify and have activated a payment method for a premium service. Spotify is also …

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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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Reliance Jio and Saavn join hands ahead of Spotify’s entry

World’s largest audio streaming service, Spotify, is all set to enter India this April and to counter the possible threat, established players, Reliance Jio and Saavn have joined hands ahead of the Swedish giant’s much talked about arrival. As per reports, Reliance Jio to spend $670 million in Saavn. Saavn boasts 30 million songs under …

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