Huge French streaming service Deezer have bought Israeli startup MUGO

Deezer have just acquired a new social app from Israel that they will use to create their very own new show. French music streaming service Deezer recently made an investment deal with Mexican company Grupo…

Tencent have gained 50% more paying users in the last year with 657m total users

Tencent’s latest report shows paying users are growing steadily converting more of their almost 700 million users than last year to pay for music. Chinese music streaming company Tencent Music are behind some of China’s…

Tencent have just made an undisclosed investment in another Chinese music company

Tencent have made a new equity investment in another Chinese music-for-business company with the potential to take a controlling stake.  Tencent Music Entertainement are the Chinese company behind China’s biggest music services QQ Music, Kugou,…

Tencent Music made more than $1 billion from online music last year

The Chinese giant has revealed a phenomenal year of music revenues from 2019 that surpasses a billion dollars. Tencent Music Entertainment is (you guessed it) the music branch of the massive Chinese conglomerate Tencent. With the release…

UK Government slashes business rates for grassroots music venues

The government has announced a serious cut in business rates required by 230 small and medium sized venues. The change will apply to all music venues across the UK with a rateable value below £51,000,…

Anghami could be up for sale at a value of up to $400m

One of the biggest names in music streaming for the Middle East right now, Anghami are weighing up their options for the future. Anghami is a major music streaming service based in the Middle East…

Napster are now 84% majority owned by RealNetworks

Napster have re-positioned themselves since the name relaunched 3 years ago and now RealNetworks are investing big in their music services. RealNetworks have doubled their stake in Rhapsody International, making them a majority owner of…

Sirius XM Holdings Agree to Acquire Pandora: Creating The World’s Largest Audio-Entertainment Company!?

Sirius XM Holdings has agreed to acquire Pandora for $3.5 billion in an all-stock transaction. The announcement was made this morning and it will create the world’s largest audio-entertainment company. “We have long respected Pandora…

Soundcloud Monetization From the Very First Play: More Plays Equals More Royalties

RouteNote’s Soundcloud Network helps some of the largest electronic artists in the world. In the last few months we have made dramatic improvements, which now allow artists to monetize their music within 7 days of…

Apple Launches Apple Music in China: Music Streaming Enters Uncharted Territory

Apple has announced they will be launching Apple Music, iTunes Movies & iBooks in China Today! This is a very big move for Apple and the entire music streaming market in China, which is currently…