Business

SoundCloud Paves The Way For AI-Created Music With Trio Of
SoundCloud Paves The Way For AI-Created Music With Trio Of...

These collaborations empower artists to directly upload songs created with AI tools to the SoundCloud platform, marking a significant milestone....

January 27, 2024

Warner Music Joins Forces With Giraffe For Major Impact In
Warner Music Joins Forces With Giraffe For Major Impact In...

The collaboration is poised to open up new avenues for WMG in Pakistan's dynamic music industry, leveraging the expertise of....

January 25, 2024

Apple Music To Pay Artists More For Superior Audio Quality
Apple Music To Pay Artists More For Superior Audio Quality

The change, effective from January's month-end royalty payments, means songs in Spatial Audio will now receive a payout rate up....

January 23, 2024

Spotify's Unmatched Dominance Raises Questions About Profits
Spotify's Unmatched Dominance Raises Questions About Profits

Spotify has successfully solidified its reign as the leading platform in the industry. However, behind these impressive statistics, a critical....

January 22, 2024

Linkfire A/S And Universal Music Group Extend Global Partnership With
Linkfire A/S And Universal Music Group Extend Global Partnership With...

The continuation of this collaboration marks a milestone in the enduring alliance between Linkfire and Universal Music Group.

January 12, 2024

Saregama: Long-Term Outlook Remains Robust Despite Near-Term Challenges
Saregama: Long-Term Outlook Remains Robust Despite Near-Term Challenges

Saregama's portfolio from Q3FY24 onwards. This integration is anticipated to contribute to the overall financial dynamics of the company in....

January 12, 2024

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