Media +Technology Intelligence
Streaming music service Spotify is not confirming the reports today about its latest funding round, but it’s putting out some of its own news: the company today announced that it now has 20 million paying users, and 75 million overall.It also updated its numbers revealing how much it’s paying out to artists from streams on its Read More …
Spotify has closed a massive new round of funding from a wide range of global investors who are betting it can fend off a new threat from Apple. The music-streaming company closed a $526 million round of funding valuing it at $8.53 billion, said a person familiar with the matter. The financing, which The Wall Street Read More …
The world’s largest music company apparently is no longer a target of an ongoing antitrust probe of the streaming music business. The New York State’s attorney general posted a letter from Universal Music Group attesting that it isn’t doing anything illegal to block consumers’ access to free music streaming services, a sign that the label proved to Read More …
Apple’s new music strategy is to try to be all things musical to all people. Or almost all people. Read More …
Apple is entering a crowded market very late, joining archrival Google alongside the likes of Rdio, Rhapsody, Jay-Z’s new Tidal service and, of course, Spotify, which dominates this space in the U.S.—and just announced a host of new features of its own, including an innovative new way to play back music during exercise. With so Read More …