Streaming fallout in India: Tencent-backed Gaana refuses to pay record label Tips ‘high royalties’ – so Tips pulls its catalog

There’s been a big fallout between a top record label and a major streaming service in India. Spotify rival Gaana, which is part-owned by Tencent, says its Monthly Active User (MAU) count topped 150m at the close of 2019, up by over 50m on the 10…

Tencent-backed Gaana says its monthly user count has now surpassed 125m people

Company is adding over 3m active users every month
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JioSaavn has over 100m Monthly Active Users. Could it be India’s biggest music streaming service?

According to sources close to the company, JioSaavn currently has 104m MAUs globally
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India-based music streaming firm Gaana hits 100m Monthly Active Users, expects to top 200m in 2 years

Gaana has also launched Video and Artist Dashboard features
The post India-based music streaming firm Gaana hits 100m Monthly Active Users, expects to top 200m in 2 years appeared first on Music Business Worldwide.

Tencent Music readies for $25bn IPO in the US – report

China-based streaming service said to be interviewing potential banks over the next month with plans to float in the US
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