Alibaba and Tencent precede $10bn IPO by sharing Sony and Universal music

Before embarking on Tencent’s rumoured, enormous $10 billion IPO they have secured a deal with Alibaba to share each others music. Tencent are a giant investment company with their¬†fingers in a multitude of pies, including…

Spotify just signed a deal with Warner, all 3 majors now sorted for streaming

Spotify have secured the 3rd major label allowing them to stream all of the top music owned by the 3 majors; Sony, Universal, and now Warner. It’s been a long time coming but Spotify have…

Spotify are adding 2m users a month as they pass 60m subscribers

It’s been 5 months since Spotify reached the half a million mark for paid subscribers and they’ve already passed 60 million. Spotify have announced their latest milestone, surpassing 60 million subscribers paying for their Premium…

The last major label, Warner, is close to a deal with Spotify

After over a year of uncertainty between labels and the music streaming champion, Spotify look ready to close deals with the last major label. Earlier this year Spotify made their first deal with a major…

Spotify and Sony put behind conflict and sign major deal

Another major label has come to and signed a deal with Spotify cementing their music licenses and making a Spotify IPO more likely. Spotify have spent the past couple years negotiating with the major labels,…

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…

Spotify aren’t buying SoundCloud, but Google might be

Now that it seems Spotify definitely aren’t acquiring SoundCloud it seems like they may have another suitor in the shape of Google. Rumours from industry insiders suggest that Google may be looking to purchase SoundCloud…

Despite “advanced talks” Spotify aren’t buying SoundCloud now

Earlier this year in September rumours circulated that Spotify might buy up SoundCloud’s open digital music platform, but¬†discussions have now reportedly been closed. In September reports suggested that Spotify were in talks with SoundCloud for…

SoundCloud discuss being bought by Spotify and their future

With rumours circulating that Spotify might buy SoundCloud the open music platform has openly talked on their plans for the future. At the web summit conference SoundCloud co-founder and CTO Eric Wahlforss said in an…

Australian music streamer Guvera shut down Australian site

Guvera have announced that they’re pulling out of their home country to focus on other markets that “can’t and won’t pay for the streaming of music”. It’s been a tough year for Guvera;p they’ve had…