Spotify announced on Wednesday that it ended 2018 with double-digit revenue growth and 96 million paid subscribers, as well as a major, previously elusive milestone: the company's first operating profit to date.
Spotify is best known as a music-streaming service -- but it's placing a big new bet on building a podcasting empire.
Hip-hop mogul Nas is building his urban lifestyle empire through a new partnership with LiveXLive Media, the West Hollywood-based streaming specialist and Slacker Radio operator.
The gains come following reports of similarly sizable digital downloads gains for the music.
Producer and artist Swizz Beatz has called for artists to get a bigger share of streaming royalties.
Research firm Consumer Intelligence Research Partners (CIRP) has issued its latest estimates on the smart-speaker market in the US. It claims the number of speakers in use grew from 37m at the end of 2017 to 66m at the end of 2018, including 13m bought in the fourth quarter of the year
Streaming companies will 'declare war on songwriters' if they appeal the streaming royalty rise, says David Israelite
Music through your Sonos system can now follow you outside, with the arrival of new Sonos by Sonance speakers that include an outdoor version of the streaming
Spotify, Apple Music, Amazon and other paid music streaming services hare doing a better job of converting free users to paid, according to new figures from the Entertainment Retailers Association (ERA).
The Mechanical Licensing Collective will be overseen by professional songwriters and publishers, including several from Nashville.
Quite a lot of shade is getting thrown at CDs in the press these days.
