Universal Music Make Almost $4m Daily From Music Streaming

Just over a week since Warner Music revealed music streaming had become their primary source of revenue another major label, Universal Music, has revealed they make a massive $3.9 million every day from streaming. Universal Music…

CÜR Music Streaming Finds New Boss In Ex-UMG Exec

Former Universal Music Group distribution President Jim Urie has joined startup streamer CÜR Music to lead its success. Jim Urie joins CÜR Media with 20 years of industry experience at Universal Music Group, building his way to president…

SoundCloud’s New Deal With Sony Brings Subscription Service Closer

SoundCloud have signed a licensing deal with the third major record label Sony, bolstering the service and bringing us nearer to the launch of it’s new service. Licensing issues have been the main thing holding…

Universal Music Revenues Rise Despite Decline In Sales Thanks To Streaming

Universal Music Group have reported a rise in revenue despite facing declines in physical sales thanks to music streaming. Universal Music Group (UMG) reportedly had a 2.4% rise in revenue in 2015, amounting to €5.11…

iHeartRadio Reach New High With 80 Million Users

iHeartMedia’s digital music and live streaming radio service announced yesterday that they had reached a new milestone in registered users. iHeartRadio’s internet radio platform have announced their latest figures which show’s a massive success for…