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…

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…

France’s music market won’t stop growing as streaming income reaches €243m

Streaming is driving growth in music industries all around the world and France aren’t missing out on the gains. According to the latest from the SNEP France’s music market saw a 23% growth last year….

UK Music is the biggest and best it’s been this millennium right now

A new report reveals that UK Music is being listened to more than ever before, and is still growing like mad. A new report from the record labels’ association BPI show that UK Music is…

Warner Music Group (WMG) have already made $2.7 billion this year, thanks streaming

Warner Music was sold for $2.6 billion in 2004, and now roughly ten years later WMG have made more than that in 7 months. So if you haven’t noticed music streaming is massive, so massive in…

Sony Music reporting almost 20% year-on-year increases thanks to streaming

Sony music have released their financial report for the  quarter of 2017, showing continued, considerable growth year-on-year. The introduction of streaming has seen boosts around many parts of the music industry, providing rising profits for…

Music streaming soars after making over 50% of all music revenues in 2016

For the first time ever, last year music streaming was the biggest earner of the entire music industry making up over half of all recorded music profits. The latest report from the Recording Industry Association…

Music streaming is soaring in Australia as profits fly upwards

As music streaming boosts profits in the industry around the world Australia is seeing massive growth with 2 consecutive years of booming music popularity. The music industry in Australia is on the rise for another…

Pandora’s CEO says it’s not for sale, 2017 will be the year they make a profit

CEO of the massively popular online music service Pandora, Tim Westergren says there are no plans to sell the company as they will be profitable this year, despite falling stocks. Speaking to CNBC, Pandora CEO…