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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 …

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Music streaming app Boomplay registers 10 million Google Play downloads

According to reports, Africa based music streaming app Boomplay has seen 10 million downloads on Google Play. The Android platform allows users to access artists’ songs, videos, and lyrics etc. The audio streaming app has won the Best African App guild in Cape Town last year. On the grand occasion, while inviting worldwide music artists …

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Apple online audio streaming platform reaches 50 million subscription

Technology giant, Apple music streaming service, Apple Music has hit the 50 million subscribers mark, a big leap from the 40 million, as reported in April. According to reports, Apple is committed to develop original on-demand video content with an aim to diversify into the domain of Netflix and Amazon Prime. Tim Cook, CEO, Apple …

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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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Spotify all set to debut in Indian music streaming industry

Swedish audio streaming giant, Spotify is prepping up to launch its services in India which is home to 1.3 billion people. Spotify is hoping that the global music-streaming service will be a great success in India due to their musical culture. Spotify CEO, Daniel Ek quoted that they are “working on launching in some of …

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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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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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Tencent expands, invests in Indian music streaming service

India’s popular music streaming service, Gaana has attracted “ a sizeable investment” from the Chinese web giant Tencent. Gaana, the 2010 music firm is a property of media firm The Times Of India. Tencent which is a pretty dominant player in the rapidly expanding Chinese digital music domain has shown concern in Gaana as a …

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