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.
A co-founder of the defunct music streaming service Grooveshark has been found dead at his Florida home.
Mobile messaging giant Line on Thursday launched a digital music streaming service in Japan, stepping into a largely untapped market still dominated by sales of compact discs.
Apple is striking a power chord with a new music service in a bid to drown out offerings from established players such as Spotify, Deezer, YouTube and Pandora.
The music industry's move toward paid subscription services, and away from discs and downloads, has been underway for several years.
YouTube will launch a new subscription music service, the company acknowledged Tuesday after being dragged into a public dispute over royalties that will result in the blockade of some independent artists' music videos.
The major US music labels joined the legal battle against file-sharing website Megaupload, with a copyright infringement lawsuit against the site shut down by US authorities.
Fans are increasingly willing to pay for digital music through subscription streaming services rather than downloading it illegally for free, according to an upbeat report published on Tuesday.
A British court sentenced two hackers to 100 hours of community service on Friday for stealing a treasure trove of unreleased music—including Michael Jackson tracks—from the U.S. servers of Sony Music Entertainment.
Sony said that music by its Japanese artists was now available on Apple's iTunes store, in an apparent strategy shift by the Japanese firm to cash in on soaring demand for online music.