The music streaming company reported a 20% jump in paid subscribers for its premium service driven by demand in Europe and North America.
The boom in audio streaming, short video apps and social media gives a much-needed boost to the sector. How well can it leverage it?
Xiami is a music streaming app
Shamrock Capital, a private equity firm, has acquired the Taylor Swift master recordings from Carlyle Group and manager Scooter Braun for $300 million
With this new feature, Spotify will become similar to Prime Music and Apple Music which already offered real-time lyrics in India
The Swedish music streaming service has removed the 10000 songs limit on the user library
Google Play Music is in its final phase before it retires from the music streaming services space later this year
The platform, which has a 45 million strong library, now has 152 million monthly active users
The deal comes in the background of growing popularity of audio platform, including local ones
Users will be able to purchase one-month or three-month prepaid plans for YouTube Premium and Music Premium in India, the official blog notes.
The feature is available from the official app across platforms.
Music is the lifeblood of the entertainment ecosystem; yet it remains small and under-invested in. Why?
Streaming now brings in 70 per cent of the Rs 1,068 crore the industry made in early 2019
Spotify and YouTube Music recently debuted in India, bringing their huge pools of songs and playlists, along with customised local content for users in the country. Here is how the two compare