At long last, is seems Adele’s smash success 25 is coming to on-demand streaming services. Listeners in Australia and New Zealand can already tune in to the hit album on Spotify, Apple Music, and the like. However it has not appeared yet for the UK and U.S. audiences, which likely means that 25’s official streaming launch is June 24. Continue Reading
Spotify announced a new partnership with Merchbar. This deal means that artists who list their merchandise through Merchbar will have top products automatically populated on their artist page for the streaming service. Continue Reading
Recent numbers from an NPR survey about NPR One, its mobile app for bite-sized, personalized content delivery, show that the project is a hit so far. Even though NPR One is meeting its goals and it has had success so far, internal contention over the app remains. Continue Reading
SoundCloud has announced a new discovery feature called Suggested Tracks. This tool makes personalized recommendations based on your past listening activity, including likes and plays. It relies on an algorithm to refresh the recommendations. Continue Reading
Data means big business for the music industry, and it means especially big business today for Soundcharts. The Paris-based data aggregation company has secured a seed funding round of €320,000 ($360,000) that it will use to become “the indispensable tool for all industry professionals.” Continue Reading
SFX Entertainment has ended its pre-Chapter 11 restructuring support agreement. The entertainment company will keep working with its ad hoc group of bondholders, but there is no hard timeline for it emerging from its financial woes. Continue Reading
The Australian Securities Exchange has rejected Guvera’s planned IPO, informing the streaming company that it would not accept its shares. The exchange’s statement did not disclose specific reasons for the refusal. Continue Reading
Spotify has surpassed 100 million active users, a representative confirmed to RAIN News. It’s a big milestone for the streaming service. At the end of 2015, Spotify had 89 million active users, including about 28 million paying subscribers. Continue Reading
SoundExchange has forecast that it will deliver $860 million in payouts this year. President and CEO Michael Huppe gave the prediction at the A2IM convention. Huppe also used his speech to discuss the organization’s policy platforms. Continue Reading
Spotify has hired a new exec as head of investor relations, the latest signal that an IPO is in the streaming service’s future. The new addition is Paul Vogel, who joins Spotify after most recently running Barclays’ Internet and media research group. Continue Reading
8tracks is now accepting investments in its Regulation A round. The crowdfunded investment round is officially open on SeedInvest. This type of SEC-regulated round allows anybody to invest in the playlisting company, buying ownership for as little as $100. Continue Reading
Merlin, a digital rights agency for independent labels, has released the results of its 2016 member survey. Digital income supplied a majority of overall business for 62% of respondents, up from about half of the respondents last year. Streaming is a core element in that digital growth. Continue Reading