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
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
Saavn, a specialist in Indian and Bollywood music, has shared two business developments. First, the company added two strategic investors to its music platform. Second, the company also announced some results from its efforts as an in-house label. Continue Reading
India-focused streaming service Saavn is projecting that it could turn a profit by the end of 2018. Co-founder and CEO Rishi Malhotra said that the company is slated to reach revenue between $18 million and $20 million this year. With just 22 million monthly active users, the platform has pursued a combination of niche content and geographic tiers that appears to be delivering success. Continue Reading
Brief news items and worthy reads from around the web: Up close and personal with Saavn. Behind the scenes with Big Machine’s streaming plan. Continue Reading
Brief news items and worthy reads from around the web: Overview of NYC Summit; music service review; Saavn’s original content. Continue Reading
Saavn, an India-centric streaming and digital media company, has partnered with AdsWizz and Omnicom Media Group to launch programmatic audio advertising in India. Omnicom and its clients will have access to Saavn’s digital audio ad inventory. AdsWizz will provide the ad solution technology. Continue Reading
AudioBoom has entered a distribution and monetization partnership with Saavn. Following this deal, Saavn users will receive access to podcasts from AudioBoom’s roster. The move is just the latest as Saavn expands beyond music to add more multimedia entertainment to its programming. Continue Reading
Indian streaming service Saavn announced the original programming roster that it will debut this month and next. The shows include Film Companion with Anupama Chopra and #NoFilter Neha hosted by Neha Dhupia. Both are long-form audio/talk shows. Continue Reading
Saavn announced plans to add original, long-form audio programming to its existing music service. The streaming company has partnered with Indian radio star Neelesh Misra, podcast network Indus Vox Media and digital media brand Arré to create ten new shows. Continue Reading
Indian streaming company Saavn has hired a new exec to lead its charge into sports and comedy content. Gaurav Wadhwa is the service’s new vice president of entertainment and original content. He joined the company from PepsiCo, where he was a senior marketing consultant. Continue Reading
Brief news items and worthy reads from around the web: Saavn adds new investor; the Internet as popularity echo chamber; a profile of the Russian music biz. Continue Reading