In the race for global music streaming supremacy, the gap between Spotify and Apple Music is getting smaller.
Apple said Monday that it would buy leading song recognition app Shazam in a fresh bid to secure an edge in the intensifying battle of streaming services.
Senegalese-American rapper Akon announced Saturday he would purchase 50 percent of African music download service Musik Bi, as the platform struggles to gain a foothold after its launch 18 months ago.
Electric carmaker Tesla said Thursday it was considering ways to enter music streaming amid a report it may launch a unique new service.
Pandora is raising cash to help it take on Spotify and other streaming music services.
When it comes to subscription music services, Spotify and Apple dominate the market. But a third big player in the music industry is about to offer consumers another choice.
Internet radio company Pandora is launching an on-demand music service for $10 a month.
Song streaming on subscription services more than doubled in the United States last year, bringing solid growth to the music industry despite sagging album sales, data showed Monday.
Amazon is launching a paid streaming music service, the latest entry in an increasingly crowded field.
Pandora said it has revamped its $5 a month Internet radio service, giving listeners the ability to skip and replay more songs.