Audio streaming platform Pandora has registered $417.6 million in its Q3 earnings as a result of catapulting business of its paid products such as Pandora Plus and Pandora Premium. The two paid products have brought in $125.8 million in Q3 – a 49% increase year-over-year. However, the American music streaming service’s primary user base is …
Leading music streaming service, Spotify is finally making its way to the Middle East and North Africa. The company’s streaming services are now available to many countries of the region such as Lebanon, Egypt, United Arab Emirates, Kuwait, Oman, Saudi Arabia, Bahrain, Morocco, Jordan, Tunisia, and Algeria. With the launch in the MENA region, Spotify is …
Japanese multinational conglomerate corporation, Sony is reportedly considering to launch its own music streaming service in the future. Sony has a wide music catalogue and had earlier acquired Michael Jackson’s estate share of EMI Music Publishing for $287 million. Acknowledging Spotify’s leadership in the music streaming industry, Rob Stringer, CEO of Sony Music Entertainment quoted …
E-commerce giant Amazon announces the arrival of its music streaming service in Canada. The recently launched music streaming service, Amazon Music Unlimited is an expansion of recently launched Prime Music and is expected to compete with streaming services such as Apple Music and Spotify. Amazon Music Unlimited is expected to be available at $7.99 for …
Satellite radio company SiriusXM has agreed to buy music streaming company Pandora at about $3.5 billion. With the deal, Sirius can tap into the mobile strength of Pandora while helping it in areas such as making personalized listening recommendations. The partnership also offers Sirius access to tens of millions of listeners moving to music streaming …
According to research reports, music industry market recently has seen an upsurge in revenue generation. Music streaming has contributed 75% of all the industry revenue. Revenues grew from $4.2 billion to $4.6 billion, up at 10% on a yearly basis thanks to expanding music streaming services and their paying subscribers. Mitch Glazier, President of RIAA …
Blockchain service, Ontology Network is entering into an strategic agreement with music blockchain platform, Muzika to help decentralize music industry. Muzika and Ontology will help in creating a reliable blockchain music streaming platform which will give fans more right and a new identity into the music world. Using Ontology blockchain technology, fans will be able …
BluOS signs partnership agreement with music streaming service SoundMachine aimed for enhancing music experience for light commercial environments. With this deal, SoundMachine allows users access to professional curated stations and ability to schedule promotional messages along with their music. With music content reaching 10,000 locations across more than 65 countries, SoundMachine subscribers can enjoy wirelessly …
Global music streaming platform Spotify has collaborated with Showtime to offer students across the country both their respective services for $4.99 a month. The new offer is applicable for both new and existing Spotify student subscribers. With this partnership, students will get unrivalled access to world-class and on demand content for one low price. Alex …
Music discovery platform, Humbolt is planning to launch a music streaming service for independent artists and labels. The introduction of music streaming platform will enable music lovers to discover and support great music from around the world. David O’Brien, Founder, and CEO, Humbolt quoted, “As a former musician, I wanted to create Humbolt in order …