Tencent Streams Beatles Albums on Path to IPO; How Much Do Spotify, Labels Need Each Other? Reliance to Merge Jio Music with Saavn

Tencent Music last year signed a distribution and licensing agreement with Universal Music, including to build Abbey Road Studios China.

Users of Tencent Music and three of its platforms, QQ Music, KuGou and Kuwo, are able to listen to selected songs from 28 Beatles albums for free, with others available with a subscription.

Digital music downloads began to outsell physical media since 2012. It took four more years for digital music revenue to surpass those from physical media as well.

So far, Spotify's relationship with the recording business has resembled many marriages, says MIDiA Research managing director Mark Mulligan: A passionate honeymoon, followed by a series of arguments over which partner is in charge, and then a realization that both depend on each other.

Another big turn in the Indian music streaming market.

Buy the streams or hack the playlists.

Apple Music executive Jimmy Iovine says streaming services need to diversify to survive.

Growing vinyl record sales over the past decade or so have proven fertile ground for the subscription-based record club Vinyl Me, Please to build its business.

Pandora's Elizabeth Moody spoke with Digital Trends about the changes that need to be made in the music industry in order for streaming services like Spotify and Pandora to become profitable.

Spotify said it discovered 2 million users were accessing the streaming-music service using unauthorized apps that blocked ads.

Music licensing fees make it almost impossible to turn a profit in streaming.

It's thanks to their new partnership with Universal Music Australia and New Zealand.

Sean Parker played a big part in Spotify’s global expansion.

Despite it being the fastest growing form of music consumption, many people still don't fully grasp how streaming works or, as this article maintains, doesn't work.

As the company says its value could be more than £16.7bn, we take a look at its rise to the top.