According to research reports, consumer spending on video streaming services is forecasted to grow at 3 percent in 2019 to AU $5.3 billion (€3.3bn). By the end of 2018, Australia is set to become the first country to see the … Continue reading
Africa’s leading music streaming and download service, Boomplay has signed a distribution deal with Universal Music Group (UMG) covering multiple markets within Africa. Under this deal, Boomplay will distribute subscription based music from UMG’s world famous labels through its streaming … Continue reading
Chinese music streaming platform, NetEase Cloud Music has raised $600 million from round of financing with investors, including strategic partner Baidu, Boyu Capital, and several other investors. NetEase, Inc., one of leading internet and online gaming provider of China will … Continue reading
Universal Music Group becomes the first major music company to license its catalog to Boomplay, a leading music streaming service provider. Under this strategic partnership, Boomplay will add tracks from UMG labels to its current catalog of over two million … Continue reading
Music streaming platform, TuneGO Inc. is all set to go live with its streaming platform, Distro100 in China. The audio streaming service allows Chinese musicians to distribute music on streaming platforms in China and around the world. Distro100 also helps artists … Continue reading
Leading music streaming platform Tidal now numbers music library tracks in the million. The streaming platform boasts of a vast library of studio-quality MQA (Master Quality Authenticated) music tracks. MQA supports studio-quality audio (96 kHz/24 bit) and is slightly better … Continue reading
Popular Chinese music streaming platform, NetEase Cloud Music announces copyright licensing partnership with Loen Entertainment, a leading entertainment firm in South Korea. With this partnership, NetEase Cloud Music will get license to copyright of the firm’s music catalog, including vats … Continue reading
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 … Continue reading
Pandora has launched Video Plus which is rolled out with T-Mobile, that offers rewards to viewers with song replays and the ability to skip tunes if they view ads. 42% of Pandora users, which is equivalent to 76 million monthly … Continue reading