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…

Sonos look to the future as they reveal more IPO details

Sonos have put their speakers in homes around the world, now they’re taking their company public and have revealed details of how their entry onto the market will look. Earlier this year Spotify went public…

Spotify CEO wants “one million artists to live off their work”

Daniel Ek has spoken on what he wants for the future of Spotify saying that he wants more artists to make a living from music streaming. At Spotify’s Investor Day earlier this month Spotify’s CEO…

iHeartMedia have filed for bankruptcy to clear $20bn in debt

After weeks of uncertainty iHeartMedia are moving to resolve their massive debt by filing for bankruptcy. The past few weeks have been a tumultuous time for iHeartMedia Inc, owners of highly successful radio streaming platform…

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…

iHeartMedia face bankruptcy but rivals’ investor Liberty Media could save them

iHeartRadio are facing financial breakdown but the investor coming to save the day has stakes in some of their biggest rivals. Radio streaming service iHeartRadio are facing trouble with debt and are looking to consolidate…

Global music brand LiveXlive Media earns it place on NASDAQ market

LiveXLive, the company behind Slacker Radio, are moving up in the world with a new place on the NASDAQ Capital Market. After an immense year LiveXLive have earned themselves a listing on the NASDAQ stock…

SoundCloud plan to get rid of founder CEO Alex Ljung

In light of a troublesome few months for SoundCloud their investors reportedly want to get rid of CEO Alex Ljung, the original founder. SoundCloud have had a troublesome time lately with reports circulating that they…

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…

Struggling music video service Vadio dies, taking $12 million with it

Promising music video monetization startup Vadio have lost the wind in their sails, crashed and died with millions in funding lost down the drain. Portland-based startup Vadio have had to give up after four years…