Business

TikTok Parent ByteDance Shuts Down Resso In India, Refunds Offered
TikTok Parent ByteDance Shuts Down Resso In India, Refunds Offered...

The shutdown encompasses Resso and its related operations, offering users refunds for their remaining subscription fees.

January 12, 2024

Apple Music Classical Invests $5 Million In Expanding To China,
Apple Music Classical Invests $5 Million In Expanding To China,...

The service is scheduled to be launched in China, Japan, Hong Kong, Taiwan, and Macau from January 24, as announced....

January 10, 2024


Spotify's Price Hike Sparks Industry Surge: UK  Subscription Spending Soars
Spotify's Price Hike Sparks Industry Surge: UK Subscription Spending Soars...

The individual monthly Premium subscription in the UK rose from £9.99 to £10.99, while the Family Plan increased from £16.99....

January 10, 2024

Spotify Adjusts Ticketing Strategy Following Substantial Job Losses
Spotify Adjusts Ticketing Strategy Following Substantial Job Losses

The Stockholm-based company, which announced a 17% reduction in its workforce impacting over 1,500 employees in December, witnessed the departure....

January 08, 2024

EY Report: India's Music Industry Faces Challenges Due To Copyright
EY Report: India's Music Industry Faces Challenges Due To Copyright...

EY's report reveals a notable growth in music publishing revenues within India, surging from INR 3.4 billion (USD $40.8 million)....

January 05, 2024


Spotify's 138% Soars, Leading Billboard Global Music Index To 31%
Spotify's 138% Soars, Leading Billboard Global Music Index To 31%...

The recently released Billboard Global Music Index for 2023 reveals an impressive 31% overall improvement, with Spotify leading the charge,....

January 03, 2024

Leisure Listening Soars: Pocket FM Rewind2023 Surpasses 75 Billion Streaming
Leisure Listening Soars: Pocket FM Rewind2023 Surpasses 75 Billion Streaming...

Delhi NCR, Bangalore and Mumbai are the Pocket FM top three cities in India; emerging cities like Jaipur, Lucknow, Surat....

December 21, 2023

Apple's Financial Incentives For Artists Adopting Spatial Audio
Apple's Financial Incentives For Artists Adopting Spatial Audio

As per a Bloomberg report, artists adopting spatial audio will receive enhanced incentives starting the upcoming year, potentially resulting in....

December 13, 2023

India And Korea Join Forces: IPRS And KOMCA's MOU Sparks
India And Korea Join Forces: IPRS And KOMCA's MOU Sparks...

Indian music with its legendary legacy emanating from its various regions has been a  top draw across the world.

December 09, 2023


Virgin Music Group Unveils New Global Leadership And Restructuring Plans
Virgin Music Group Unveils New Global Leadership And Restructuring Plans

Virgin Music Group combines two respected global indie brands, Virgin Music and Ingrooves Music Group as part of growth strategy

October 27, 2023

Spotify Data Reveals The Growth Of Regional Hip-Hop Music In
Spotify Data Reveals The Growth Of Regional Hip-Hop Music In...

mongst the most streamed genres on Spotify India, hip hop music in the country has seen growth across languages and....

October 26, 2023

Spotify Tightens Grip On Free Plan Usage In India With
Spotify Tightens Grip On Free Plan Usage In India With...

This strategic move is part of Spotify's effort to convert a significant portion of its ad-supported free-tier userbase in India....

October 16, 2023

India's Iconic Music Label Saregama Acquires Majority Stake In Pocket
India's Iconic Music Label Saregama Acquires Majority Stake In Pocket...

The deal, valued at $20 million, marks a strategic shift for Saregama and promises to reshape the landscape of digital....

October 04, 2023


Katy Perry Strikes A Chord With $225 Million Music Rights
Katy Perry Strikes A Chord With $225 Million Music Rights...

Katy Perry's decision to sell her music rights for $225 million is a testament to the changing dynamics of the....

September 19, 2023

Sony And Universal-Owned APM Music Forge AI-Powered Partnership With Incantio
Sony And Universal-Owned APM Music Forge AI-Powered Partnership With Incantio

The collaboration aims to revolutionize the way music supervisors, filmmakers, and content creators discover and utilize production music.

September 05, 2023