Spotify are making a profit for the first time in 13 years

Spotify have been leading the music streaming revolution for 10+ years and at last the company has turned a profit for the first time. Spotify have revealed their quarterly report for Q4 2018 and it…

Spotify edge ever closer to making a profit with a great Q3

Spotify have been in the game a long time now, over 10 years, but the worldwide startup taking the world by storm with music streaming is still on it’s journey to profitability.  As Spotify approach…

Xiaomi made $2.1 billion profits in first quarter as a public company

Chinese smartphone makers and music streamers Xiaomi have just posted their mammoth profits from their first quarter as a public company. Xiaomi are renowned in China with their smartphones in the pockets of millions and…

Pandora are thriving post-radio now with 6 million subscribers

It’s almost 2 years since Pandora enhanced their radio streaming with on-demand music streaming and it’s paying off with 6 million users now paying to stream with them. Pandora are one of the biggest names…

India’s top streamer Saavn grew profits by 3x in one year

India is falling in love with the joys of music streaming and their native service Saavn is reaping the profits as the country goes digital for their tunes. Indian music streaming service Saavn have had…

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…

Music streaming creates second year of massive revenue growth in 2017

The music industry has been showing massive surges in growth in recent years and new reports show it’s only getting bigger. Thanks to the meteoric rise of music streaming in recent years profits in the…

Vevo nearing profit as revenues boom with 50% rise in views

Vevo look to make a profit in 2018 as their platform grows and they look to re-negotiate their deals with YouTube. The music video platform owned by major labels, primarily Universal Music Group, looks like…

Deezer to face up to Spotify, including a potential SoundCloud buyout

A few months after SoundCloud were reported to be broke and likely bought out soon they have, so they say, recovered. But Deezer still have their eyes on the streamer. It’s been a tough year…

SONGS, publisher behind Lorde, The Weeknd & more up for $160m+ sale

The independent music publisher SONGS is going up for sale, with the majors like Warner, Sony and Universal likely keeping their eyes peeled. SONGS music publishing are responsible for some of the world’s biggest artists…