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Unlike leading music streaming platforms, Napster records profit in 2018

Online music streaming service Napster has recorded a net profit of $4.4 million and $2.1 million respectively in the first two quarters of 2018. The number surprises all as Napster has managed to score a handsome profit despite a steep 28% drop in revenue while other leading music streaming platforms are incurring a loss for …

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From Music Downloading to Online Streaming: Blockchain to Transform Online Music Consumption

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 industry is riddled with archaic royalty payment protocol by Performance Rights Organizations or PROs who …

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Facebook inks music deal with GMR, Kobalt, and Indie Publishers

In its quest to become the alternative to YouTube, Facebook has joined hands with the YouTube’s most vocal critic Irving Azoff who has represented several popular music artists in the past. Tamara Hrivnak, Facebook’s head of music business development and partnerships, blogged, “Today, we are excited to announce that Global Music Rights, Irving Azoff’s US …

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The rise and fall of MP3

MP3 was a much sought-after term in the 1990s and early 2000s. A lot of us will be able to relate to the days of slow dial-up when downloading a song could take close to an hour. This was one of the major reasons why MP3 rose to power.   MP3, also known as MPEG-1 …

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Revenues get a boost for Australian musicians, with growth in Spotify, Apple Music

Streaming services such as Spotify and Apple Music are generating growing revenue for Australian musicians, according to new figures. Australian and New Zealand artists earned $62 million in royalties from streaming in the year to date, a 127% growth, according to APRA AMCOS, which is the body responsible for distributing money to artists for their …

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Amazon plans to bring Prime Music to India

Amazon India will launch Prime Music streaming service in India. A preview of Prime Music will initially be available to Echo customers at no additional cost. Other Prime members will later have access to Prime Music later on. Bollywood as well as other regional music has been added to Amazon Music catalogue.

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iOS includes Waze and Spotify integration

Navigation app Waze partnered with music streaming service Spotify to display its playlists within the Waze app. A number of direct Spotify features are to be included within Waze and vice versa. Within the Spotify app on iOS, Waze users can navigate to their destination. Also, Spotify playlists can be accessed from the Waze app …

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Apple Music streaming to be included in Apple Watch Series 3

Apple Music will now be available on Apple Watch Series 3. It offers more than 40 million tracks that will be streamable from the wrist thanks to the new electronic SIM system that can link to cellular networks. Apple Watch 3 users will now be able to stream from the Apple Music library even without …

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Now Create Playlists and allow users to add tracks to Queues

Audio/Music streaming is the buzz these days. Users are shunning purchasing music CDs and literally switching over to online music streaming. They are essentially streaming anything and everything from music to audio books to podcasts on e-learning , self-help, spiritual and religious content, sports updates to world news. Audio streaming has grown exponentially over the …

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Increasing listeners in China have begun to pay for online music subscription

In China out of the 600m Chinese who listen to music online, only 20m have a paid subscription that typically costs between 8 and 12 yuan (between $1.2 and $1.8) a month. Rest of the listeners don’t pay anything for streaming music online, however, do so on legit, ad supported services meaning the Chinese equivalents …

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