NEWSWORTHY
Spotify has one eye on untapped podcast market in Japan
Spotify paid nearly $340 million to acquire podcast producer Gimlet Media and services provider Anchor in deals disclosed to the Securities and Exchange Commission last month, prompting analysts to start considering what this all meant for the industry. The growth of podcasts in recent years ...
Drake's new album, "Scorpion," has smashed streaming recordsm, with Apple Music and Spotify both reporting unprecedented listenership in its first day. Apple Music said on Instagram that the Canadian hip-hop superstar's fifth studio album was streamed 170 million times in the 24 hours since its ...
Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming. In one of the largest public offerings ever in the tech sector, Spotify on its first ...
Music streamer Spotify files to go public in spite of continued losses
Spotify on Wednesday announced a long-awaited public listing, voicing confidence that its streaming model will keep reshaping the music industry but acknowledging that the company has yet to turn a profit. In its filing with U.S. regulators, the Swedish platform estimated the company's value to ...
The central pair behind electronic project AmPm didn't have high expectations when they flew to Jakarta last August for Spotify On Stage, a live event organized by the market-leading music streaming service. "We were the first act up, and I think most of the audience ...
Post-holiday gamble: Apple debuts HomePod voice speaker to take on Google and Amazon
After missing the critical holiday shopping season, Apple Inc. has jumped into the voice speaker wars with the HomePod smart speaker, a device that will use its Siri voice assistant and compete against offerings from Amazon.com Inc. and Alphabet Inc.'s Google. Apple said on Tuesday ...
AmPm's Spotify strategy bears fruit
Japan's biggest breakout musical act of 2017 wear polar bear masks. The duo AmPm debuted this past spring, cloaked in fuzzy headgear and withholding all biographical information. In just over six months, the pair have had their easy-breezy electronic music released via Dutch label ...
Taylor Swift returns to Spotify after almost three-year boycott
Taylor Swift is releasing her entire catalog on all streaming services, ending the pop star's boycott of Spotify Ltd. over her ability to limit her songs to paying subscribers. The albums will become available at midnight New York time Thursday night, Swift's management said on ...
Big in Japan? Artists from abroad may find it more difficult to draw a crowd
There are now just three major record labels left on the planet: Universal Music Group, Sony Music Entertainment and Warner Music Group. These three companies control as much as 80 percent of the music that is commercially available in the world — and not just ...
Can Spotify dent streaming-averse Japan?
Spotify's long-awaited launch last month has industry watchers wondering whether it will make a major breakthrough in altering Japan's $3 billion music industry, where 80 percent of sales still come from CDs and other physical formats. With most of the world's major streaming services now ...
Spotify finally launches in Japan, a nation where other music streaming services have struggled
Popular music streaming service Spotify is trying its luck in Japan, where consumer demand for packaged media such as CDs is traditionally strong and the market for streaming still has huge potential to grow. Visiting Spotify founder and CEO Daniel Ek announced the company's foray ...
