Share this postPlatform & StreamSpotify's Q3 Confirm What We Already Know; Apple Wants Black Radio Listeners in Potential iHeartMedia DealCopy linkFacebookEmailNotesMoreSpotify's Q3 Confirm What We Already Know; Apple Wants Black Radio Listeners in Potential iHeartMedia DealPlatform & StreamNov 07, 2018Share this postPlatform & StreamSpotify's Q3 Confirm What We Already Know; Apple Wants Black Radio Listeners in Potential iHeartMedia DealCopy linkFacebookEmailNotesMoreShareSpotify posted its Q3 2018 earnings results. Here's what it can tell us about the music streaming service's future and how it's performing compared to its nearest rival Apple Music.Apple could be attempting to build closer ties with black radio listeners by taking a stake in iHeartMedia, a network that’s extremely valuable to the music industry. They spend more time listening to the radio than any other ethnic group averaging more than 13 hours a week.Boomplay, Africa’s leading music streaming and download service, has struck a licensing agreement with Universal Music Group.Aiming to boost its flagging stock price, Spotify announced a plan Monday to repurchase up to $1 billion worth of shares.The company's latest earnings report shows that paid subscriptions are its strongest area of growth.If the newly passed Music Modernization Act (MMA) delivers more streaming revenue to music publishers and songwriters, who will see their slice of the pie shrink?In June 2017, Music Ally interviewed Stephen Phillips of startup Popgun about his company's development of an artificial intelligence (AI) called 'Alice'.It's a strategic partnership between Spotify and Google.Pandora has named Christine Colbert as Senior Manager, Industry Relations - Indie. She joins the streamer from Warp Records, where she was North American Project and Communications Manager, working with such artists as Brian Eno, Aphex Twin and Grizzly Bear.PreviousNext