Tencent Music Entertainment continues to grow, but after receiving bad news yesterday, investors punished the company’s stock. Several days ago, Tencent Music Entertainment (TME) shares reached an all-time high. Investors had pushed the Chinese streami…
Category archives: music streaming
Returning to Australia, SoundCloud Signs Exclusive Ad Partnership with Southern Cross Austereo
To return to Australia, SoundCloud has partnered with Southern Cross Austereo. SoundCloud has inked a major deal down under. The indie streaming music platform has signed an exclusive advertising partnership with Southern Cross Austereo (SCA). Financia…
Google Signs Licensing Agreement with IPRS, India’s Largest Music Representative Trade Body
With its recent deal with the IPRS, Google remains committed to keeping YouTube Music afloat in India. Last Wednesday, Google confirmed a major rollout for its third floundering streaming music service. In a blog post, the search giant unveiled the int…
Microsoft Drives One Final Nail Into Its Groove Music Streaming Service
Groove Music has been on life support ever since Microsoft ended the Groove Music Pass in 2017. Today, Microsoft put the final nail in the coffin on its Groove Music service. The company officially announced that Groove Music OneDrive streaming will en…
To Convince Songwriters, Spotify Has Reportedly Planned Town Hall Meetings in LA and Nashville
According to one executive, Spotify remains “very adept” at spinning half-truths to songwriters. Spotify isn’t in good standing right now with the music industry. At least among top executives, major music publishers, and American songwriters. First, …
Warner/Chappell Vows to Defeat Spotify’s CRB Appeal — Here’s Their Open Letter to the Industry
Warner/Chappell has lent its support against Spotify’s decision to appeal the CRB songwriter royalty increase. Last month, in a split decision, the U.S. Copyright Royalty Board (CRB) ruled in favor of a 44% songwriter royalty increase on streaming musi…
Spotify Hits Back at Apple — ‘Every Monopolist Will Suggest They Have Done Nothing Wrong’
Spotify’s feud with Apple continues. According to Spotify CEO Daniel Ek, Apple purposefully limits choice and stifles innovation at the expense of user experience through the App Store. Filing an antitrust complaint with the European Commission, Ek acc…
Apple Music Is Now Integrated With Amazon’s Fire TV
When Apple Music launched on Android, it caused something of a stir in the tech community. But with its renewed focus on offering services to multiple ecosystems, Apple has now launched Apple Music support for Amazon’s Fire TV devices. That’s great new…
African Digital Music Service Boomplay Finalizes Its Licensing Deal with Warner Music Group
Boomplay continues scoring licensing agreements with major labels. Several months ago, Universal Music Group (UMG) made a strong play in the African market. The global music company had unveiled a licensing deal with Boomplay, a major African streaming…
Apple Slams Spotify’s EU Antitrust Filing as App Store Feud Intensifies
According to Apple, Spotify wants all the benefits of the App Store without giving anything back. Two days ago, Spotify confirmed a major antitrust filing in the European Union. According to the streaming music giant, Apple unfairly stifles creativity …