Radiocity.in, the digital arm of Indian broadcaster Radio City, has entered a partnership with AdsWizz and the Google AdWords Premier Small & Medium Business Partner Program. These deals could create new revenue streams for the Indian company. Working with AdsWizz will allow Radio City to monetize its online radio stations with the programmatic buying of audio ad inventory. Continue Reading
IFPI reported that streaming music helped drive growth for India’s music industry in 2017. Total music revenue in the country rose from 5.7 billion rupees in 2016 to nearly 7.26 billion rupees last year. Streaming music revenue grew by 37.26%. Continue Reading
Google is joining the music and tech industries’ push into India, with the Google Home and Google Home Mini smart speakers expected to become available in the country, possibly later this month. When they do arrive, they’ll have support for two popular local streaming services. Continue Reading
India’s streaming music sector is getting shaken thanks to a big merger. Reliance Jio, an Indian telecom, announced that its digital music service JioMusic is combining with streaming platform Saavn. The new music platform is being valued at about $1 billion. Continue Reading
Two big developments emerged today that could have a sweeping impact on India’s streaming music landscape. First, Amazon Prime Music has rolled out in India. Second, Tencent announced an investment round of $115 million in local streaming service Gaana. Continue Reading
Amazon is continuing to mobilize for an expansion into India. The latest development is Amazon Prime Music extending its deal with Warner Music Group to offer the label’s catalog to listeners in that market. According to The Economic Times, this marks the sixth deal to expand the Prime Music library that will be available in India. Continue Reading
Indian streaming music service Gaana announced that it has 50 million monthly active users. “It’s a proud moment for Team Gaana, not many home-grown brands have achieved this kind of milestone and very few brands in the entertainment space has been able to reach to this kind of scale in India,” COO Prashan Agarwal said. Continue Reading
Recorded music revenue in India increased 26% in 2016. That growth exceeding the global rate of 5.9% and places the nation 19th in worldwide sales. That’s the takeaway from the Indian Music Industry’s Digital Music Study 2017. The group, an affiliate of the IFPI, noted that streaming was a key driver. Continue Reading
audioBoom has entered a distribution deal to bring Jukebox, the audio entertainment operation from India-based ticketing platform BookMyShow. As a result of the deal, several audioBoom podcasts will be made available on Jukebox for Indian listeners. Continue Reading
Brief news items and worthy reads from around the web: Beta tests in India for YouTube Go. Music services become memes. Continue Reading
Amazon is expected to launch its Amazon Prime Music service in India by early 2018, according to The Economic Times. The company is in discussions with Indian record labels to acquire music rights for the eventual rollout. Continue Reading
Brief news items and worthy reads from around the web: Indian podcasting will boom in a few years; music leaders rank among the New Establishment. Continue Reading