Tencent Music

Tencent Music beats profit estimates as content push brings in listeners

Tencent Music Entertainment Group beat analysts’ estimates for third-quarter profit, as efforts to bolster content attracted more paying users to its Spotify-like music strea...

Tencent Holdings

China regulator bars Tencent from exclusive rights in online music

China’s market regulator on Saturday said it would bar Tencent Holdings Ltd from exclusive music copyright agreements and fined the company for unfair market practices in the...

Platform News: Spotify music streaming app based out of Sweden

Spotify to launch in 85 new markets, reach more than a billion listeners

Spotify has said it would nearly double its market presence by launching in 85 new markets in the next few days, making the music streaming service available to more than a billion...

Platform News: Spotify music streaming app based out of Sweden

Spotify finally launches its music streaming service in South Korea

Spotify Technology made its long-awaited debut in South Korea, which is the home of the popular K-pop scene and sixth largest market for popular music in the world earlier today.

Platform News: Alibaba online marketplace

Alibaba to shut down Xiami music app next month

Alibaba Group will shut its audio streaming platform Xiami Music following month, in a move that marks a step back from its ambitions to push into China’s entertainment indus...

Platform News: Spotify music streaming app based out of Sweden

Spotify shares falls after Apple launches new services bundle

Shares of streaming giant Spotify fell as much as 7% on Wednesday, following Apple’s announcement of a bundled strategy for many of its services that reduced the price of App...

Platform News: Google movements

Denmark angry at Google censorship of some Danish content

Denmark, angry at Google’s increasing censorship of some Danish content over a debate over copyright, has stated it was seeking discussions with the Alphabet-owned tech giant...

Platform News: Spotify music streaming app based out of Sweden

Spotify expands into Russia and 12 other markets

Spotify has launched its music streaming service in Russia, the fastest growing international market for music, and 12 other regions as part of its expansion strategy after breakin...

Angola App

Angolan app gives performers a lifeline – streaming to paying public

When the Angolan government imposed its coronavirus lockdown in late March, local entrepreneur and innovator Claudio Kiala saw a gap in the market when it came to virtual entertain...

Artwork for Sandra

Sara, Sonia, Sofia: Spotify plans local versions of hit podcast ‘Sandra’

Spotify Technology plans to announce local language adaptations of a popular scripted podcast as part of the Swedish music streaming company’s strategy to appeal to a wider g...

Platform News: Facebook Social Media Buttons

Facebook signs licensing deal with century-old Indian music label Saregama

Facebook has signed a global licensing deal with one of India’s largest music labels, allowing users to choose from a large catalogue of Bollywood music for their Facebook an...

Platform News: Spotify music streaming app based out of Sweden

Spotify launches music relief project to help artists

Spotify Technology SA said on Wednesday it had launched a COVID-19 music relief project to raise funds for musicians as the coronavirus pandemic grounds life to a halt in most coun...

Platform Industry: Tencent logo at an event

Tencent Music to see softer first quarter; beats fourth-quarter revenue estimates on paying user surge

China’s Tencent Music Entertainment Group said the company would likely see “much softer” first-quarter revenue growth due to the COVID-19 outbreak, after it beat...

Platform Economy: Instagram app

Breakdancing opera star uses Instagram to promote classical music

With close to 60,000 Instagram followers, Polish opera singer and breakdancer Jakub Jozef Orlinski says he is trying to use social media to break down cultural barriers and attract...

Sweden Underground Station

Swedish start-up Epidemic Sound tunes into demand for original music

STOCKHOLM – Epidemic Sound, backed by Spotify’s investors, is one of a new wave of music companies expanding rapidly on the back of demand for easy access to original m...

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