Tencent and Vivendi have been making gradual progress toward a deal to see the China-based company acquire a stake of Universal Music Group. Even before the sale is a done deal, it already has an opponent. Continue Reading
Tidal has added a new feature to bring a visual component to its music discovery. The streaming service introduced My Video Mix, a collection of up to eight video playlists. Continue Reading
Spotify has been churning out industry partnerships at a break-neck pace for the past several months. The latest updates from the streaming service include four deals to expand access to Spotify Premium and a branded concert deal. Continue Reading
Sonos released its fourth-quarter financial results, closing out its first fiscal year as a publicly traded company. Revenue rose 8% on-year to $294 million. In addition to the financial results, Sonos has also announced an acquisition of a startup called Snips. Continue Reading
Whooshkaa, an Australia-based digital audio company, has entered a partnership with Malaysian radio network Astro Radio. The two parties plan to release a multi-language on-demand audio venture for Asian audiences. Continue Reading
Spotify is hosting an awards show next spring. The streaming platform announced that the inaugural Spotify Awards will take place in Mexico City on March 5. Continue Reading
Apple has expanded its music streaming offerings to include a service of background audio for businesses. The Music for Business service comes from a partnership with in-store music and entertainment company PlayNetwork. Continue Reading
Billboard released its annual list of digital power players, a collection of the business leaders who are driving segments such as streaming and radio. Both industries had notable figures from businesses around the world, as well as from leading brands. Continue Reading
Amazon is bringing the free option for its music streaming service to more platforms. On Monday, the company opened access to select ad-supported playlists and stations to listeners in the U.S., UK, and Germany. Continue Reading
Deezer has offered a lossless audio subscription tier for years, but it has always been limited in scope. The Deezer HiFi option was only available via desktop apps and connected speakers in the United States for the past few years. Continue Reading
Tencent Holdings has been floated as a potential, even likely buyer for a stake in Universal Music Group. But the latest rumors indicate that while the Chinese company is still interested, it may want to make the investment with partners. Continue Reading
Bytedance, the Chinese company that owns short-form video platform TikTok, may be moving forward with launching its own streaming music service. Financial Times reported that Bytedance is working on an app that would offer the typical on-demand audio experience. Continue Reading