Tag Archives: business

Apple itunes

Apple Plans to Terminate Music Downloads by 2019

No More Free Downloads? Rumors have it that Apple is aggressively scheduling a phase-out of music downloads from the iTunes Store, and has supposedly been in planning for the past two years. Although, the company denies such an idea. It is also expected that the phase-out would take two years...

Apple Shazam

APPLE OFFICIALLY BUYS SHAZAM IN $400M DEAL

IT'S OFFICIAL: Apple has acquired music identification platform Shazam in what’s believed to be a $400 million deal. This will be one of the largest acquisitions ever for Apple. Apple's last major acquisition occurred in 2014 when it acquired Beats Music for $3 billion. As announced by Apple in a statement...

I AM POP expands in the UK

I AM POP Expands in the UK Expanding into the UK, I AM POP hires Sam Taylor as its London-based Chief Commercial Officer. I AM POP is a Facebook Messenger music bot startup. The new office in Shoreditch, East London will consist of the company’s marketing and partnership teams. Tim...

Warner Music Group

Warner Music Group signs licensing deal with Anghami

Warner Music Group signs licensing deal with Anghami Warner Music Group has announced a new licensing deal with Anghami, the most extensive streaming service in the Middle East and North Africa.  Anghami users will now have access to Warner Music Group's catalog of music and new releases. This deal expands Warner Music...

Musical.ly

Merger of Musical.ly with Bytedance

Cheetah Mobile Inc., is a leading mobile internet company that aims to provide leading apps for mobile users worldwide and connect users with personalized content on the mobile platform, today announced that Bytedance Ltd. ("Bytedance") and Musical.ly have signed an agreement for Musical.ly to merge with Bytedance. Musical.ly is a...

Infogram

Infogram Announces New Version of Leading Data Visualization Platform

 Infogram, a leading web-based visual communications company recently acquired by Prezi, today announced the latest version of its award-winning data visualization platform. Designed to give business teams the best design experience possible, the new platform allows users to more easily and quickly create interactive infographics, reports, charts and other visual elements...

Netease growth in china music

NetEase Cloud Music Leads Electronic/ Dance Music Growth in China

China has seen the explosive growth of 45.2% in electronic/ dance music listeners, according to the 2016-2017 China Electronic Music Market Research Report by leading Chinese research firm iiMedia Research. NetEase Cloud Music, up from 197 million online listeners in 2016, to a now estimated 286 million listeners in 2017. This...

It’s Official: Warner Has Acquired Spinnin Records

It's been confirmed that Warner Music Group has officially acquired Spinnin' Records for a deal worth approximately $100 Million USD.  This will be one of the largest acquisitions in the modern day music industry. Spinnin' Records is a Dutch record label, founded in 1999 by Eelko van Kooten and Roger de Graaf....

WME | IMG Announces New Strategic Partnership

WME | IMG, a global leader in entertainment, sports, and fashion, today announced an investment by Canada Pension Plan Investment Board (CPPIB) and GIC, Singapore's sovereign wealth fund, of approximately $1 billion. Terms of the transaction were not disclosed. CPPIB and GIC will join current investors Silver Lake, SoftBank, and Fidelity as WME |...

PANDORA REPORTS Q2 2017 FINANCIAL RESULTS

OAKLAND, Calif.- Pandora (NYSE: P) today announced financial results for the second quarter ended June 30, 2017. “We remain laser-focused on execution that attracts listeners and investments that drive the growth and monetization of our audience.” Tweet thisWe have taken a number of steps to hone the company’s strategy and...

Spotify CEO, Daniel Ek

Exclusive Experience for Paid Spotify Users

Do you froth at the simplicity of streaming music without having to pay? Sure you may have to hear the same ad about how you can join Spotify Premium, but nonetheless you can stream for free. It’s a great concept and allows more music to be heard across the world,...

Jobs Axed at Soundcloud in 40% Labor Reduction

Soundcloud, a music streaming platform has announced that they will be cutting costs to free up cash flow and stay flexible. Operations will be downsized as they shrink their 4200 person workforce by 173 staffers. Offices in London and San Francisco will turn their lights off, leaving only the New...

Apple Music Director’s Venture To Better Compensate Musicians

North Inc. recently hired former Apple Music executive Dave Allen to lead a venture connecting brands with original music to better compensate musicians.  For decades, artists struggled to wage fair compensation for their online music streaming. The Portland ad agency, North Inc. is finally campaigning for a resolution. With over...

Fyre Festival Organizer Charged With Wire Fraud

William Mcfarland, the founder and Chief Executive Officer of Fyre Media, has been arrested Friday in New York, New York on charges of wire fraud. He is expected to be presented before U.S Magistrate Judge Kevin N. Fox tomorrow morning. Joon H. Kim (the acting US attorney for the southern...

Tesla Investing In Their Own Music Streaming Service?!

According to an article recently published by tech site Recode, the modern pioneer of his time Elon Musk is looking into what it takes to have his own music streaming service. The article explains that they have not set anything in stone, but have reached out to many record labels...

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