music streaming

Loup Funds analysts Gene Munster and Doug Clinton said Monday that Spotify Technology SA (NYSE: SPOT) is going to be “just fine” in the end despite the raging controversy over Joe Rogan and COVID-19 pandemic. What Happened: The two Loup analysts took note of artists such as Niel Young...

Legendary rocker Neil Young is speaking out against a leading music streaming company and could try to pull his music from the platform. What Happened: Neil Young shared that he is unhappy with Spotify Technology (NYSE: SPOT) in an open letter, as reported by Rolling Stone. The displeasure of...

Tesla Inc (NASDAQ: TSLA) is rolling out a new music streaming option Tidal in its electric vehicles after the latest software update, Electrek reported on Tuesday, citing app notes. What Happened: The Norwegian subscription-based music, podcast and video streaming service that offers audio and...

Podcasting and music streaming company Spotify Technology SA (NYSE: SPOT) is looking to enter live events as a new revenue stream and a way to monetize its customer data. What Happened: Spotify is exploring expansion into live events and ticketing, according to The Information. Spotify...

Bill Ackman hosted an analyst day Wednesday for his Pershing Square Tontine Holdings (NYSE: PSTH) SPAC. Here is a look at some of the new and updated details from the company’s merger and remaining company. The event included more than 100 slides, over three hours of content and a Q&A...

Apple Inc (NASDAQ: AAPL) is teasing its Apple Music users on iOS and macOS with an animated video that could be a pointer to the introduction of lossless audio or 3D, AppleInsider reported Sunday. What Happened: The short video, available in the browse section of Apple Music, displays a spinning...

Apple Inc (NASDAQ: AAPL) is due to be charged by European Union’s antitrust regulators this week, reported Reuters Tuesday. What Happened: This would be the first such time that the Tim Cook-led company would face antitrust charges brought on by the E.U., which could lead to a fine as steep...

Apple Inc. (NASDAQ: AAPL) has disclosed it pays music-rights holders a penny per stream, the Wall Street Journal reported Friday. What Happened: Apple Music revealed this through an open letter it sent to artists to keep them informed about royalties, according to the report. Apple’s...

Tencent Music Entertainment Group (NYSE: TME) said Sunday that it had authorized a $1 billion share repurchase program during a twelve-month period starting Monday. What Happened: The Shenzhen-based company said it may purchase up to $1 billion of its Class A ordinary shares in the form of American...

Apple Inc (NASDAQ: AAPL) has clarified that the upcoming version of its iOS operating system for mobile phones does not contain settings to set a default music service, TechCrunch reported Thursday. What Happened: Beta testers of iOS 14.5 in February found that they could ask Siri —...

Apple Inc. (NASDAQ: AAPL) is set to lose its top spot for U.S. podcast listenership to Spotify Technology S.A. (NYSE: SPOT) this year, according to a new market forecast by eMarketer. What Happened: According to eMarketer’s projections, 28.2 million people will listen to podcasts on Spotify...

Spotify Technology SA (NYSE: SPOT) and other digital service providers paid nearly $424 million to the Mechanical Licensing Collective, the non-profit said in a statement Tuesday.  What Happened: MLC administers mechanical licenses to eligible streaming services and pays the resulting...

Spotify Technology SA (NYSE: SPOT) has signed filmmaker Ava DuVernay in an exclusive podcast deal. What Happened: The Emmy and BAFTA award-winning filmmaker’s art collective Array has signed a multi-year partnership through will it will create exclusively scripted and unscripted programming...

Amazon.com Inc. (NASDAQ: AMZN) announced Wednesday that it has reached an agreement to acquire podcast publisher Wondery. What Happened: The two companies didn’t reveal the terms of the deal, which is yet to close. The Wall Street Journal had reported earlier this month that Amazon was in...

Streaming music company Spotify Technologies SA (NYSE: SPOT) on Thursday announced plans to expand to South Korea in the first half of 2021. The high user response to Korean music and artists, especially K-Pop tracks, was a major factor influencing the decision to expand, Spotify suggested. What...