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The agreements will foster the next era of streaming innovation, offering new paid subscription tiers, music and non-music content bundling, and a richer audio-visual catalog.
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Both companies are major competitors of Spotify in the music streaming market. Together, these three platforms account for over 55% of global music streams.
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The company’s operating EBITDA surged by 28% to ?55.6 crore, up from ?43.4 crore in the corresponding quarter last year.
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The transaction, which is subject to regulatory approvals, is expected to close in the second half of 2025.
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These projects have empowered a diverse mix of artists to amplify brand messages, galvanize fan communities, and expand their reach worldwide.
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This implies a potential upside of 18% from the current market price of ?888.65. Following the announcement, shares of TIPS Music rose by 1.7% on Tuesday to ?888.65 on the....
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Staying true to its ethos of Bringing ife to L’ife, Shemaroo Contentino offers over 3,000 movies, more than 25,000 TV episodes, and 1,500+ music tracks, web series, in over 15....
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This initiative is part of a cultural and tourism-focused prepaid card program designed for corporate customers and their users.
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The record label posted a net income of $48 million for the quarter ending September 30, marking a significant 69% decline from the same period last year.
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This marks a year-on-year increase of 12% for premium subscribers and 11% for free users, bringing Spotify’s total monthly active users (MAUs) to 640 million, up 11% from the previous....
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For the quarter ending September 30, Saregama reported a revenue surge to Rs 241.83 crore, up from Rs 172.35 crore in the previous fiscal year.
Universal is currently engaged in litigation with Anthropic AI and Suno and Udio over the use of the label's recordings to train music-generating AI systems
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Sales for Music Broadcast rose by 4.56%, reaching Rs 54.83 crore in the September 2024 quarter, up from Rs 52.44 crore in the September 2024 quarter
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Net profit for the quarter rose by 21%, reaching Rs 48.2 crore. In the first half of FY25, revenue stood at Rs 154.5 crore, marking a 36% rise compared to....
In the first half of 2024, tracks within TuneCore Accelerator gained over 3 billion track discoveries and experienced nearly 10 billion new streams, fueling music discovery and supporting audience development.