ByteDance’s Music Streaming Service Set to Launch as Soon as This Fall — Likely Without Licenses From the Big 3

Last month, amidst stalled negotiation talks with major labels over TikTok’s ‘Value Gap,’ parent company ByteDance quietly started work on a new music streaming app. According to sources, the Chinese conglomerate has over 100 people working on the app…. Continue Reading

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Spotify Confirms Public Test of Car Thing, Its First Official Hardware Product

Early last year, and prior to its non-IPO direct listing on Wall Street, Spotify posted three interesting job advertisements. Unveiling a shift away from its dependency on music streaming, the company sought an Operations Manager in Hardware Product al… Continue Reading

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YouTube Music Now Available In 50 Countries — But Where Are the Subscribers?

YouTube Premium and YouTube Music are now available in seven new European countries.  But despite a 50-country spread, subscriber growth has flatlined. Google has spent the majority of 2019 bringing its paid music service to more countries.  India, Sou… Continue Reading

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Spotify Unveils Soundtrap for Storytellers, a New Subscription Service for Podcasters

Doubling down on its strategy to gain more advertising revenue, Spotify unveiled three key acquisitions earlier this year. Shelling out over $340 million, the streaming music giant acquired both Gimlet Media and Anchor.  The company then spent an addit… Continue Reading

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Tencent Music Posts a $175 Million in Profit With 28.4 Million Subscribers in Q1 2019

Tencent Music Entertainment (TME) has released its financial report for the first quarter of 2019. In the three months ended March 31st, 2019, TME reported ¥5.74 billion ($855 million) in overall revenue.  This figure jumped 39.4% over the same period … Continue Reading

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Taking a Page from Instagram and Snapchat, Spotify Introduces a New Test Feature — Storylines

Spotify has started testing its own version of Instagram and Snapchat’s immensely popular ‘Stories’ feature. Dubbed Storylines, the feature provides listeners with behind-the-scenes information from artists about their songs. Unlike the Genius-powered … Continue Reading

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Snubbing Spotify, King Crimson Makes 13-Album Discography Available First on Apple Music

1960s English prog-rock group King Crimson is moving its entire catalog to online streaming music platforms — and making Spotify wait. The progressive band has made all 13 studio LPs – from 1969’s In the Court of the Crimson King to 2003’s The Power to… Continue Reading

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NMPA President Says Spotify Treats Songwriters Like Uber Treats Drivers: ‘Is One Better Than the Other?’

Are both tech giants abusing the people that make their businesses possible? By opposing the Copyright Royalty Board’s (CRB) recent 44% increase on royalties for songwriters and publishers – the first in 110 years – Spotify, along with Pandora, Google,… Continue Reading

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Nearly Three Months After Launch, Spotify Officially Unveils Its ‘Lite App’ in India

Last summer, in an effort to compete in emerging markets, Spotify unveiled a new, slimmer app. Dubbed ‘Lite,’ the minimalist app allowed users to stream their favorite music on Android devices. Visually, both the Spotify and ‘Lite’ apps look almost the… Continue Reading

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Apple Music Strengthens Its Publishing Division By Poaching a Key Google & YouTube Executive

Last year, under its then-new Head of Music, Oliver Schusser, Apple Music quietly unveiled a new global publishing business. The company promoted Elena Segal – previously Legal Director of iTunes International – to the role of Global Director of Music … Continue Reading

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