Tencent have gained 50% more paying users in the last year with 657m total users

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…

How are Spotify doing during Coronavirus? They publish 2020 Q1 report

Spotify have released their Q1 earnings report for the year, revealing how they’re doing following their best year ever and during an unprecedented pandemic. Spotify have revealed that they’ve seen faster growth than ever before…

Russia’s Yandex Music seeing huge growth with over 3.3 million subscribers

The Russian streaming service has been building a steady user-base for years which is now growing rapidly. The last time we looked in on up-and-coming Russian streaming service Yandex Music was in early 2017. They…

TikTok sees growth as countries go into lockdown

The video sharing app see impressive user and revenue growth as more and more residents around the world are being ordered to stay home. In the US, week-on-week downloads are up 18%. With 2 million…

Independent artists forecast to earn $2 billion+ this year

As independent artists take back control over music from the big labels they’re on track to make record breaking revenues. Starting with DIY movements in the 70s and 80s, the necessity of major record labels…

Streaming service Akazoo have 5.5 million subscribers and 44 million users.

During a recent financial filing, Akazoo published impressive Q3 2019 numbers, showing significant subscriber, user and revenue growth. Akazoo is gaining popularity in emerging markets such as Eastern Europe and Latin America. Their premium user…

YouTube Kids expands launching in 11 more countries

YouTube Kids app quietly updates, making it available in: Bolivia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay and Uruguay Introduced in 2015, YouTube Kids is the go to place for…

200 million people are streaming music in India

Music streaming is quickly becoming massive in India as more and more go online to get their music from music streaming services. India is a huge country, the second most populous in the world in…

Spotify’s 2019 report shows they will soon hit 300 million users

An impressive year for Spotify saw their growth rocket for users across the world with a massive uptake of paying subscribers. Confidently introducing themselves as the “World’s #1 Audio Platform” Spotify have released their results…

Gaana adds 25 million listeners in just 2 months for a total 150m users

Gaana have blown away all expectations for their growth with 20% growth for the Indian streamer in the first month of 2020. At the start of the year we reported on Gaana’s strong entry into…