Vimeo raised $150m as its parent company consider a spin-off of the video platform

Amid record revenue growth, US holding company and parent of Vimeo, IAC raised $150m for the video hosting/sharing platform and detail plans to separate Vimeo as its own company. During IAC’s Q3 earnings report, CEO…

Spotify report “outperforming” growth with 2nd quarter results

It’s the halfway point for 2019 and Spotify have just shared how they’re doing so far, and it’s better than even they predicted. Spotify’s second quarter financials for 2019 show that the music streaming service…

Spotify pass 80 million subscribers, but Apple are closing in

Spotify are still the clear leaders in music streaming as their latest shareholder letter reveals that Spotify’s user growth is still massive. Spotify have just revealed their letter for shareholders with all of the latest…

Australian music streamer Guvera shut down Australian site

Guvera have announced that they’re pulling out of their home country to focus on other markets that “can’t and won’t pay for the streaming of music”. It’s been a tough year for Guvera;p they’ve had…