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…
As 7digital’s revenues rise they look towards £3 million in fundraising and taking over their only remaining European competitor – ’24-7 Entertainment’. UK music company 7digital are making some big moves as they plan to…
After Rhapsody bought ex-music piracy site Napster and strangely rebranded itself with their name and logo the brand is showing it’s first profit for years. Rhapsody was one of the OG music services starting all…
Warner Music have revealed that they will stop selling to music shops that make less than $10k for them a year, because being an independent retailer isn’t hard enough as it is. Warner Music have…
Spotify’s road of success is showing no signs of slowing down as it’s been revealed that Spotify’s revenue has increased 80% in 2015, with an 85% increase in payouts to the music industry. Whoever said…
Glastonbury is the largest greenfield festival in the world and brings over 150,000 people a year for the five day festival of music, dance, performance and more music. You would think that a festival as…
Even though there has been a big decline in CD sales, which is expect to continue, Warner Music Group managed to actually meet analysts’ expectations and remain strong. 2008 fiscal year revenue grew 3% to…