Spotify buys Loudr

Spotify acquired Loudr in order to streghnten its policy of dentifying, tracking and paying royalties to music publishers and songwriters. Spotify…

SoundCloud losses increased to $74.5m in 2016

SoundCloud justpublished its financial results for 2016 through Companies House in the UK. The figures show that the company’s revenues…

YouTube to esclusively livestream Coachella 2018

YouTube returns to Coachella for the eighth year in a row to exclusively livestream the first weekend of Coachella 2018. Presented by T-Mobile in…

Oliver Schusser is now global head of Apple Music

Big news from Cupertino. Indeed, Apple Music has a new global boss. His name is Oliver Schusser and he has been named head of Apple Music Worldwide…

YouTube’s top 19 music videos - together - have 50.9bn views

New records for YouTuber. Luis Fonsi and Daddy Yankee’s "Despacito" has passed another milestone: 5bn views of its official video, nearly 15…

Sonos: are there plans for an IPO in the future?

Sonos might be the next music-related company to be launched on the public markets, after Spotify. Indeed, some of its recent recruitment ads…

Sony Music sold 17.2% of its shares in Spotify

Sony Music Entertainment sold a chunk of its shareholding in Spotify, taking home over $250m after just one day of public trading of the company…

Sony’s stake in Spotify worth $1.5bn after day one on the New York Stock Exchange

Spotify started publicly trading on the New York Stock Exchange yesterday; just before 1pm ET, its shares were valued at $165.90 – resulting in…

Spotify valued at $30bn: a great debut on New York Stock Exchange

Streaming music coloss Spotify just started trading on the New York Stock Exchange. Now its official debut public price has been revealed…

SoundCloud claims it surpassed $100m of revenues in 2017

SoundCloud CEO Kerry Trainor talked to the Financial Times about what he says is a corporate comeback for the streaming service, following its…

Amazon's music subscribers doubled in the last six months

Good news for Amazon. The last public estimate of Amazon’s music subscribers was 16 million in October 2018 (the stat covered both its basic-tier…

Apple Music now features also music videos

Apple Music's offer is getting bigger and bigger. And from March 29 it also features music videos. So now Apple now has a catalogue of music…

Facebook is expanding its music licensing campaign

The giant of social networks, Facebook, recently closed licensing deals with music big players such as Universal Music Group, Warner Music Group…

BMG’s financial performance for 2017 shows another double digit jump in revenues

BMG’s financial performance for 2017 has been another success: indeed, sales hit €507m ($573m) in the year, up 21.8% on the €416m it generated in…

Indian Spotify rival Saavn merges with JioMusic

India is becoming a hot place, for the streaming music business. According to "Music Business Worlwide", indeed, Spotify is planning a soft launch…

Report: US recorded-music revenues rose 16.5% in 2017

"Music Ally" just posted a report analysing the figures US industry body the RIAA published to summarize recorded-music revenues in 2017. They…

INgrooves is for sale at $100m

According to a report published by "Billboard", Global distribution and services company INgrooves is for sale with a $100m pricetag. Sources…

Pandora will acquire digital audio ad technology company AdsWizz

Pandora will acquire digital audio ad technology company AdsWizz for $145m; this in an effort to bolster its advertising revenues. According to…

UK songwriters body asks labels to share Facebook money

All three major labels and a host of indies promised to share any windfall revenue from Spotify’s direct public listing with their artists. But now…

Facebook signed new licensing deals with Sacem, Socan and Wixen

Facebook’s going on with its music-licensing efforts. The company just announced three more deals in this field: with French collecting society…