Prosecutors in two US states are investigating whether major music labels have colluded to prevent competition in the booming area of music streaming, one of the companies has revealed.
SoundCloud, a streaming music platform that has become home to garage bands and other artists who don't mind releasing tracks online for free, said Wednesday that it had reached a licensing deal with Universal Music Group.
YouTube on Thursday entered the increasingly crowded field of music streaming, hoping to reach a new audience through a user-friendly service that seizes on the video giant's vast variety.
The music industry's move toward paid subscription services, and away from discs and downloads, has been underway for several years.
US online giant Amazon is preparing to launch a streaming music service as early as this week, the New York Times reported Wednesday.
Stiff competition among technology giants for a share of the burgeoning online music streaming market has given traditional record companies a much-needed boost, a top Universal executive said Thursday.
Spending $99 a year for an Amazon Prime membership to get free shipping hardly seems like a deal. After all, I can usually get free shipping by spending at least $35 on a single order.
Apple is buying more flair, swagger and song-picking savvy with its $3 billion acquisition of Beats Electronics, a headphone and music streaming specialist founded by rapper Dr. Dre and Jimmy Iovine, one of the first recording ...
A US federal court has dealt a blow to a music website offering sales of "pre-owned" digital music, ruling that it violates copyright law by making illegal reproductions.
Apple Inc. is close to securing deals with all four major recording companies on a music service that will allow users to stream songs stored on remote computer servers, presumably to an array of portable Apple-made devices, ...