Top 10 Countries with the Largest Number of TikTok Users

TikTok is a video share app on the fast rise! Its short form, its engaging and its talent based. Here is a list of the top 10 countries by userbase on Tiktok. India – 119.3mn…

Live Nation sees shares crash after Glastonbury and other cancellations

With festivals and events cancelling around the world, COVID19 is having a drastic effect on the stock market. Coronavirus is effecting industries around the world, especially music. Musicians and performing artists around the world are…

Akazoo merges with Modern Media Acquisition and raises $55 million

Akazoo Ltd. has merged their music streaming company with Modern Media Acquisition Corp. to become Akazoo S.A.. The combined companies now have a strong international position for their global music streaming platform and technology company….

Up to 50% of major label Universal Music Group is for sale

The biggest music label in the world has up to half of it’s stakes up for sale presenting a major opportunity for investors. Vivendi have just appointed banks who will manage the sale of up…

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…

Warner Music and Sony Music Own $200 Million in Shares of Tencent Music in China

Tencent Music has just filed for it’s IPO in the United States. Within that filing it was announced that Warner Music Group (through its Chinese subsidiary) and Sony Music have bought $200m of shares in…

American’s listen to 2+ hours of music every day

We’re living in a time of unlimited and unrestricted music access, and with a world of music at our fingertips people are listening more than ever. The internet and music streaming services have revolutionised how…

The state of music streaming in 2018

2018 has been the biggest year for music streaming yet as people all around the world sign up for limitless listening. Midia have released their report for the music streaming industry in the first half…

Tencent Music set a date for their $30 billion IPO

One of the biggest forces in music business around the world, Tencent Music Entertainment are prepping their monumental IPO and have finally set a date for the event. Tencent Music Entertainment have set the 18th…

Spotify co-founder just sold $40 million in their stock

One half of the founders of Spotify has decided to sell of a massive $40 million in stock after going public has bumped their value up more than they expected. Martin Lorentzon, Daniel Ek’s other…