SoundCloud’s revenue nearly doubled with an 80% increase in 2017

SoundCloud have proven claims that they earned over $100m in 2017 showing a massive rise in revenue for the music streaming company. SoundCloud offer an alternative to the streaming model that has blown up in…

Music streaming is making artists’ old music more popular

Music streaming is bringing new life to artists’ back catalogues as listeners rediscover older music and ensure that it’s not forgotten as newer tunes get released. Music streaming has done a lot for the music…

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…

SoundExchange made artists $600+ million this year

SoundExchange have had a monumental year of collecting money for artists around the US and ensuring artists get paid for their music better than ever. SoundExchange have one true goal; to collect and distribute revenues…

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…

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…

Music streaming is making lots of money and not slowing down

The music industry is coming back to life in a whole new way thanks to the power of streaming and it’s ever-growing popularity. Music streaming is giving a massive boost to the music industry as…

Independent artists are taking over as global music grows $1.4 billion

Streaming continues to revitalise the music industry as new reports show one-and-a-half billion dollars of growth globally last year alone. The latest report from Midia Research shows a monumental year of growth for the¬†worldwide music…

SoundCloud say their revenues topped $100 million last year

SoundCloud’s bottom line is looking up as they reveal that they passed their revenue goals for 2017. For a lot of 2017 there were worries that SoundCloud faced the imminent end of their era as…

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…