Music Streaming - Latest updates on Music Streaming
Universal Music Group sign deal with 7Digital to boost streaming revenues 27 September 2018
American global music corporation, Universal Music Group has signed a partnership deal with London based 7digital for providing music streaming platform services. With this deal, 7digital will provide UMG the ability to improve and create playlists for all their partners. … Continue reading
SiriusXM set to acquire music streaming service Pandora 25 September 2018
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 … Continue reading
Music streaming company iHeartMedia all set to acquire Stuff Media 15 September 2018
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 … Continue reading
Genie Music introduces 5G music streaming platform 23 August 2018
Telecommunications provider KT’s affiliate, Genie Music is all set to launch a new music streaming platform using fifth-generation (5G) networks. With an aim to capitalize on the ever-growing mobile music market, the music 5G platform will feature both music streaming … Continue reading
Music streaming service Deezer adds $185 Million, enters partnership with Rotana 03 August 2018
Music streaming giant Deezer has raised $185 million from both new and existing investors. The Paris based streaming service announced that the cash injection took Deezer’s valuation past the €1 billion mark. Earlier, Deezer had struck a partnership with Dubai … Continue reading
Pandora’s paid subscriber base grows 01 August 2018
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 … Continue reading
Spotify terminates alliance with Adswizz platform after Pandora acquisition 01 August 2018
Music streaming giant, Spotify is terminating its partnership with digital audio advertising platform AdsWizz since Pandora acquired AdsWizz in March. Winding up its agreement, Spotify remains dedicated to offer advertisers automated solutions to access engaged audience through its self-service ad … Continue reading
Spotify hits 83 million paid subscribers 27 July 2018
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 … Continue reading
Spotify India launch: Company is now at loggerheads with music label companies 26 July 2018
Warner, Sony, and Universal, the big three American music labels have interrupted the Swedish music streaming giant Spotify’s India launch. The above three music labels account for the vast majority of music in the US and across the Western world. … Continue reading
From Music Downloading to Online Streaming: Blockchain to Transform Online Music Consumption 16 July 2018
The Music industry and piracy go hand in hand. A study says, 95% of all online music is downloaded illegally, causing $12.5 billion of economic losses every year with a loss of $2.7 billion in workers’ earnings. The global music … Continue reading
