NetEase just raised a dollar for each of their 600 million listeners

NetEase have a LOT of listeners streaming music on their services and they’ve just gained a LOT of funding to help to expand and grow their user-base. NetEase Cloud Music is the Chinese music streaming…

Apple look to invest in iHeartMedia for Apple Music promo

Apple are looking to put money into iHeartMedia so that they can get broadcast radio promotion for Apple Music and Beats 1. Apple apparently consider themselves an under-recognised brand as a new report claims that…

Saavn and Jiomusic join together to become India’s top dog for music

As Spotify prepare to start streaming in India the country’s biggest native music services have joined forces in a massive deal. Saavn have just announced a major partnership with rival music service JioMusic that puts…

Spotify planning to list shares on NY Stock Exchange next month, reports say

After rumours of an upcoming IPO for Spotify have circulated for more than a year Spotify are reportedly now taking a new approach. A report from Bloomberg this week suggests that as early as the…

Spotify, Tencent and Tencent’s music firm just invested in each other

Spotify and Tencent Music Entertainment Group have shared the love with each other to strengthen their relationship as 2 of the world’s most powerful streamers. Tencent Holdings Limited, the giant Chinese holdings company and parents…

Spotify could be worth $100 billion, say investment firm

It’s only a month since Spotify was valued at $16 million and investors GP Bullhound are now saying it’s worth $20 billion with potential growth to $100 billion. Investment firm GP Bullhound have shared what…

Tim Westergren steps down as CEO after 17 years at Pandora

Pandora CEO and one of the streaming service’s founding members Tim Westergren is set to step down from Pandora top-dog soon. According to Recode¬†Tim Westergren has decided to step down from his position as CEO…

Pandora Radio get a $480 million investment from Sirius XM

Recent rumours come to a close¬†as Sirius XM plugs a massive $480 million into Pandora, quashing suggestions that they were looking to acquire Pandora outright. Recent rumours in the industry had spread word that there…

Brace yourselves: Universal Music Group are discussing an IPO

Universal Music Group are the world’s biggest record label making millions every day, and they might open their shares up to the public. After piracy began killing the music industry in the 2000’s, music streaming…

With $20 billion debt iHeartMedia’s 110m weekly listeners may not be enough to save them

Despite being the largest owner of radio stations in the entire US, iHeartMedia worry about making it to the end of the year as their “ability to continue is a going concern”. iHeartMedia, the company…