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Deezer invests in live music streaming startup DREAMSTAGE

Global audio streaming service Deezer is becoming a cornerstone investor in DREAMSTAGE, a U.S.-based live music streaming startup. (No financials are disclosed.) The new funding will enable the company to significantly speed up growth and expand its operations. In the announcement, Deezer cites a MIDiA Research projection that global live music streaming will grow to $6.4-billion by 2027. Continue Reading

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Live365 reaches distribution agreement with iHeartRadio, placing internet radio stations

Internet radio station provider and listening platform Live365 has announced that some of its stations will be carried on iHeartRadio starting this week. Six stations to start, and more added from Live365’s 3,000-plus webcasters. Live365 promises more distribution expansions to come. Click for history of this venerable venture. Continue Reading