SoundCloud, the Berlin-based streaming service whose launch of so many young rap careers spawned its ownmusic genre,upped its global revenue from 2016 to 2017 by more than 80 percent, according to its latest financial reports. The company, however, has been troubled recently byfinancial upheaval. The company’s 2017 accounts, recently filed …
Read More »YouTube Challenges Spotify, Apple Music for College Students' Money
Half a year after launching its standalone music-streaming service, YouTube is following the lead of its competitors and rolling out student pricing. On Tuesday, YouTube announced a $4.99-a-month plan for YouTube Music Premium subscribers enrolled in colleges and universities, which is the same price point offered to students by Spotify …
Read More »Apple Music Adds Genius Lyrics to Its Growing Arsenal
Spotify’s Genius-powered “Behind the Lyrics” integration, which flashes lyric snippets and behind-the-scenes tidbits during users’ listening experience, has become one of the music-streaming service’s most viral, beloved features. Not to be outdone, rival service Apple Music is now also partnering with Genius — and in classic one-up fashion for the …
Read More »The VMAs Hit An All-Time Low In Viewers — Again
Monday night’s MTV Video Music Awards show brought its small moments of charm and amusement — but on the whole, failed to captivate. The show drew a mere 5.23 million viewers on MTV and simulcasts on several other Viacom networks, according to an estimate from Nielsen Wednesday morning. That’s an …
Read More »Facebook Is Finally Putting Music Back Into Social Networking
Two billion new revenue streams just opened up for the music industry in the form of Facebook’s user base, which on Tuesday announced the rollout of several official music features on its immense, globe-spanning platform. Starting Tuesday, Facebook users in select countries can add songs to the videos they share …
Read More »YouTube Launches Spotify Rival Subscription Service
YouTube’s long-rumored subscription music service is here. On Thursday, the video-streaming site announced the May 22nd debut of YouTube Music, a new standalone music-streaming service available to consumers via an ad-supported free tier or a premium tier at $9.99 a month. The new service features much the same that we’ve …
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