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It's incredibly expensive to run a music streaming site — so consolidation...
Spotify isn't making any money. It's not even close to profitability. Its most recent accounts show it made a $194 million (£149 million) loss in 2015.And if you thought that was bad, German music...
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SoundCloud's new Spotify competitor isn't for most people
Yet another on-demand music streaming service is here.SoundCloud Go costs $9.99 per month and is intended to compete directly with Spotify, Apple Music, YouTube Red, and every other paid music service...
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How the top music streaming services compare
With so many music streaming services, it can be hard to know which one is right for you.And on Tuesday, yet another service went live: Soundcloud Go is a new player in the already-crowded music...
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Exclusives are terrible for consumers and even worse for the music industry
I’ve got good news and bad news.The good news: Beyonce dropped a new album over the weekend, and it’s incredibly good.The bad news: Beyonce’s new album is exclusive to just two platforms — iTunes,...
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Here are the big changes reportedly coming to Apple Music this summer (AAPL)
Fresh details about the next version of Apple Music were obtained on Wednesday by 9to5Mac's Mark Gurman.Here's what Apple's likely to announce during its June developer's conference event ("WWDC") when...
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Warner Music Group earns around $2 million a day from streaming music
Warner Music Group is earning around $2m a day from streaming activity of its recorded music catalogue.MBW’s estimate is based on new figures released by the major label showing that its income from...
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If you have 5 friends, there's now a way to get Spotify for just $2.50 per month
We'll let you in on a little secret: Family plans are a great deal if you're looking to save money on subscriptions. And the people who share a family plan don't usually have to be actual family.Such...
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Spotify hits 100 million monthly active users
The Swedish music-streaming service Spotify said on Monday that its user base had grown to 100 million, up from 75 million previously, as it pushed into new markets and despite competition from the...
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Audio streaming surpasses music video streaming for the first time (AMZN,...
This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here.More people are streaming audio than music videos for the first time,...
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It just got easier to use Spotify on your Amazon Echo (AMZN)
The Amazon Echo is a clever, useful device, one that’s naturally inviting for streaming music.Before Thursday, whenever you asked the Echo to play music, it would automatically stream from Amazon Prime...
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Google paid music labels more than $3 billion, but they say it isn't enough
The music streaming storm is still raging.Artists and their labels have been battling streaming services over payment rates since the technology started becoming popular. Big names like Adele and...
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YouTube pitches itself as ally to record labels (GOOG, GOOGL)
This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here.In its latest “How Google Fights Piracy” report, Google made a point...
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Apple's content strategy is clearly music first (AAPL)
This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here.Apple senior executive Eddy Cue said that Apple Music is at the heart of...
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Lost music app is a one-stop shop for music obsessives
This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here.UK-based Lost is a new app that lets users discover and experience music...
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Samsung is shutting down its music streaming service
Samsung is surrendering in the music streaming wars.The company is closing down its Milk Music streaming service, it has announced. The news was first reported by Variety.It will shutter for good in...
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UMG drops mic on exclusive deals with streaming platforms
This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here.Lucian Grainge, CEO of Universal Music Group (UMG), has reportedly sent...
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Spotify is on course to hit 50 million subscribers within the next six months
Spotify has added nine million paying subscribers in the past five months – an average of around 450,000 people every week.At this rate of growth – the fastest in Spotify’s history – it will have...
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Pandora has a long way to go to catch Spotify and Apple (P)
Pandora is getting an upgrade. Aside from giving its free tier more song skips and the ability to (finally!) replay tracks, it’s also rolling out a brand new “Pandora Plus” service. That costs $5 a...
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The biggest radio powerhouse in the US just took aim at Apple and Spotify...
iHeartMedia, the 850-station radio giant formerly known as Clear Channel Communications, is going after streaming services like Spotify and Apple Music by launching its own on-demand option.The...
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It's incredibly expensive to run a music streaming site — so consolidation...
Spotify isn't making any money. It's not even close to profitability. Its most recent accounts show it made a $194 million (£149 million) loss in 2015.And if you thought that was bad, German music...
View Article