SPOTIFY HITS 83 MILLION PAID SUBSCRIBERS AND 180 MILLION TOTAL USERS

Spotify rapidly grows, going toe-to-toe with Apple Music to be the top global music streaming service. Spotify’s latest quarterly earnings have come in, showing a huge growth with continued operating losses. The good news? Spotify has hit 83 million paid subscribers, a big increase from the 70 million paid subscriber count last released. That represents a 13 million…

SOUNDCLOUD IS FINALLY GIVING ARTISTS ONE OF THE FEATURES THEY ALWAYS WANTED

SoundCloud creators now have even more flexibility with how they share tracks via the music platform! Now, users can play private tracks more seamlessly on mobile — a feature that before was only operable on the desktop site. The seamless mobile playback of private tracks comes as part of an official announce from SoundCloud. The music…

Angel investors purchase controlling stake in SoundCloud for $150 million

As anyone even moderately attuned to recent news knows, SoundCloud has tread uncertain territory for the past month or so, the longevity of the music streaming service was called into question once reports surfaced that the platform only possessed enough cash flow to stay afloat for a brief fifty-day period. While the extent of Chance the Rapper’s involvement in SoundCloud’s salvation…

Global Music Report shows the rise of music streaming

Music streaming continues to be a hugely important aspect of the music industry’s revenue. In a new findings from the International Federation of the Phonographic Industry’s Global Music Report, the organization revealed that streaming now accounts for half of the industry’s annual global revenue. Key statistics from the report show that digital income now accounts for 50 percent…

Is Facebook About To Become A Music Streaming Powerhouse?

Facebook may be giving Spotify a run for its money in the very near future. Multiple vacancies in the social media giant’s new music task force strongly indicate that Facebook will be launching a ‘comprehensive music strategy’ soon. Uh-oh, Spotify – you might want to keep an eye on this movement. To put this into…

WHICH MUSIC STREAMING PLATFORMS ARE WORTH PAYING FOR?

WHICH MUSIC STREAMING PLATFORMS ARE WORTH PAYING FOR? The music industry in 2016 looks very different to the way it did just a decade ago. To cope with the huge shift which is largely due to the internet and easy access, the music industry has had to adapt and to change. In 2015, for example,…

Is SoundCloud Worth More Than Spotify?

Is SoundCloud Worth More Than Spotify? While many would assume that the big players in the music streaming world are obviously Spotifyand Apple Music, another music streaming service that you probably already know and love has been growing more and more. A recent editorial by TechCrunch suggests that SoundCloud is worth more than these largely…

A NEW ENTRY INTO THE STREAMING MUSIC WORLD

A NEW ENTRY INTO THE STREAMING MUSIC WORLD The popular freemium file transfer site WeTransfer.com is set to announce their entrance into the field of streaming music services, though their approach will be a bit different as compared to Spotify or Apple Music. WeTransfer currently serves 85 million users per month, and hopes to grow…

MAN SENTENCED TO 3 YEARS IN FEDERAL PRISON FOR ONLINE PIRACY

MAN SENTENCED TO 3 YEARS IN FEDERAL PRISON FOR ONLINE PIRACY Piracy is a huge problem in the music industry, as more and more artists are seeing their online sales dwindle. The man responsible for a significant amount of illegal online distribution was taken to court last fall and has just been sentenced to federal…

YOUTUBE IS THE NO.1 MUSIC STREAMING PLATFORM – AND GETTING BIGGER

YOUTUBE IS THE NO.1 MUSIC STREAMING PLATFORM – AND GETTING BIGGER Scary news for those who don’t feel YouTube is paying music rights-holders enough: it’s the biggest music streaming service on earth, and it’s growing faster than Spotify or any of its rivals. That’s according to MBW analysis of the latest market stats out of…