growth

Image credit: Tencent Music Chinese technology conglomerate Tencent release revenue and subscriber numbers for music streaming service Tencent Music Entertainment. Tencent Music Entertainment Group published their Q3 2020 results last Tuesday, showing statistics from the…

Thanks to huge continued growth of music streaming, Germany’s recorded music revenues rose, despite physical media taking a hit during the global pandemic. Coronavirus has negatively impacted a large portion of the recorded music industry…

Internet technology company NetEase hint at big numbers from NetEase Cloud Music in their Q2 2020 earnings call. NetEase Cloud Music is one of the big three music streaming service in China, along with Tencent…

Tencent publish their Q2 financial results, showing very impressive subscriber, revenue and profit growth in 2020. Tencent Music Entertainment’s Q2 financial highlights are as follows: Online music paying users grew 51.9% year-over-year to 47.1 million,…

Spotify’s long-running global growth doesn’t seem to be slowing and with the huge success of their podcasts their 2020 seems to be unaffected by the global impact of Coronavirus. Spotify have unveiled their second quarter…

The latest Q1 2020 streaming subscriber stats from Counterpoint Research confirm previous reports, with Spotify and Apple Music dominating the space, as well as increadible growth from Amazon. Last month’s Q1 market share stats from…

TikTok was already rocketing up app charts around the world and now with the world on lockdown it’s making more connections than ever. YouTube are the long-standing video giants and it’s long been thought that…

JioSaavn are raking in the music streamers having quadrupled their paying subscribers since the start of 2019 and a brand new rewards system. JioSaavn is a hit in India where they claim to have become…

Bilibili has been called China’s YouTube, with millions of content creators and users. Bilibili’s Q1 results show over 172 million monthly active users, a 70% year-on-year growth. Launching as a platform for a niche youth…

Tencent’s latest report shows paying users are growing steadily converting more of their almost 700 million users than last year to pay for music. Chinese music streaming company Tencent Music are behind some of China’s…