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Tencent charging for more content drives up profit
China’s Tencent Music Entertainment Group said it had started charging for more of its pay-for-streaming services helped drive up profit above expectations. Read more…
music streaming
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Spotify loses one of India’s oldest record labels
Music streaming service Spotify Technology SA said it will remove all songs belonging to one of India’s oldest record labels Read more…
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Spotify tries its hand in price conscious India
Spotify, the world’s most popular paid music streaming service, has launched in India, stepping into a price-sensitive market. Read more…
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Video ads and podcasts are paying off big for Spotify
COLOGNE, Germany (Reuters) – Spotify is increasingly attracting viewers as well as listeners to its free music streaming service and is finding new ways to target adverts and podcasts at customers, its head of global Read more…
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Genie Music plans 5G music platform (with holograms!)
KT Corp’s music streaming service, Genie Music, has announced plans to launch a new music platform that will leverage 5G to deliver visual music content, including holograms. Genie Music CEO Kim Hoon-bae said at a Read more…
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eMusic seeks $70 million for blockchain royalty-tracking platform
JERUSALEM (Reuters) – US-Israeli digital music store eMusic said on Tuesday it plans to raise $70 million to build a blockchain-based music distribution and royalty management platform to ensure artists and service providers get a Read more…
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YouTube revamps music service to tap local tastes
SAN FRANCISCO (Reuters) – YouTube is hiring music experts across the world to make its revamped music streaming subscription more locally “authentic,” officials at YouTube, a unit of Google, told Reuters on Friday. Music programmers Read more…
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Streaming is officially biggest revenue source for music biz: IFPI
LONDON (Reuters) – Online streaming services like Spotify and Apple Music have become the recording industry’s single biggest revenue source, overtaking physical sales of CDs and digital downloads for the first time, a trade group said Read more…
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Blockchain smart speaker pays music artists in cryptocurrency
There’s a new smart speaker in town called Volareo, and it has a specific mission – leverage blockchain technology to help music artists actually make money from music streaming for a change. Streaming music services Read more…
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Spotify takes on Pandora’s streaming stations with new app: report
(Reuters) – Music streaming service Spotify has been testing an app to rival Pandora Media’s streaming stations, TechCrunch reported on Tuesday. The new app, called “Stations by Spotify”, was visible on the Google Play Store Read more…