Music business grows at record pace as digital dominates
The global music industry soared a record 8.1 percent last year as digital sales for the first time made up the majority of revenue thanks to the streaming boom, the industry said Tuesday.
The global music industry soared a record 8.1 percent last year as digital sales for the first time made up the majority of revenue thanks to the streaming boom, the industry said Tuesday.
Internet
Apr 24, 2018
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Mixcloud, the streaming platform popular with DJs and podcasters, announced its first licensing deal with a major music label Monday in a sign of ambitions to compete with top sites.
Internet
Oct 9, 2017
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Pandora will soon take on Spotify, Apple Music and others in an extremely competitive field with its own, $10 monthly streaming music service, and a cheaper version as well.
Internet
Sep 13, 2016
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In another move to break from YouTube, music video brand Vevo has cut a deal to license videos from Warner Music, repairing a rift between major labels that began with the launch of the service seven years ago.
Internet
Aug 2, 2016
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In a further sign that the download era is waning, Warner Music Group says it made more money from streaming platforms than any other single source of recorded music revenue in the latest quarter.
Business
May 6, 2016
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France-based music streaming service Deezer says it has raised 100 million euros ($109 million) from its two largest shareholders to fuel its expansion after abandoning plans for an initial public offering of stock last year.
Business
Jan 20, 2016
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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.
Internet
Jan 13, 2016
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Snapchat Inc. is adding three more publishers to its Discover feature, a coveted platform for media organizations to share articles and videos as well as generate advertising revenue on the popular social media app.
Internet
Aug 28, 2015
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Snapchat has replaced Yahoo and Warner Music Group with iHeartRadio and Buzzfeed on the list of about a dozen media organizations that get a big opportunity to generate revenue through the popular entertainment app.
Internet
Jul 29, 2015
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Its backers say it does for music lovers what ultra high-definition television has done for couch potatoes.
Internet
Jun 26, 2015
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