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Jay Z to acquire Wimp music service

US rap star Jay Z will make a $56-million foray into the music streaming business by taking over the Norwegian service Wimp, its shareholders confirmed Friday.

dateJan 30, 2015 in Business
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Spotify turns up volume as losses fall

The world's biggest music streaming service, Spotify, announced Tuesday its revenue grew by 74 percent in 2013 while net losses shrank by one third, in a year of spectacular expansion.

dateNov 25, 2014 in Internet
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Apple's Beats buy is two-sided for music streaming

Apple's $3 billion purchase of headphone maker and streaming music company Beats Electronics sheds light on a rarely recognized reality in the music streaming industry: It's hard to succeed in the business without offering ...

dateMay 29, 2014 in Business
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