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The report estimates that YouTube contributed over Rs 16,000 crore to India’s GDP in 2024 and supported more than 9.3 lakh full-time equivalent jobs
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For its debut, the label will release ‘Nyima Vol. 1’, a compilation featuring 11 female artists from across India performing original English tracks that showcase a bold, global Indian sound.
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The company’s revenue grew 11% YoY to Rs 89.22 crore in the September 2025 quarter, driven by strong demand for music streaming and content licensing.
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The collaboration gives the Srinagar-based operation access to one of the country’s most powerful music distribution networks, marking a significant milestone in its journey.
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Hoopr Smash crosses 20,000 tracks with Turnkey’s English music addition, enabling wider global soundscapes for Indian content creators.
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The platform continues to shape the music industry, serving as a launchpad for viral hits.
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The company's robust streaming demand helped it recover from a year-long slowdown.
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YouTube announced last year that over one in four creators participating in its ad-sharing program are now earning revenue through its short-form video service, shorts.
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While many labels aggressively acquire new music rights, TIPS has built a thriving business around its 31,000+ song catalog, turning past hits into a goldmine of steady revenue.
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The partnership introduces expanded music and video catalogs, new subscription tiers, and an artist-centric royalty model to better reward musicians.
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In an announcement made on Tuesday, Spotify revealed that it paid out $10 billion to the music industry in 2024.
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The drop aligns with the company’s shares turning ex-dividend today, following its announcement of dividend rewards for shareholders.
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The agreements will foster the next era of streaming innovation, offering new paid subscription tiers, music and non-music content bundling, and a richer audio-visual catalog.
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Both companies are major competitors of Spotify in the music streaming market. Together, these three platforms account for over 55% of global music streams.
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The company’s operating EBITDA surged by 28% to ?55.6 crore, up from ?43.4 crore in the corresponding quarter last year.
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The transaction, which is subject to regulatory approvals, is expected to close in the second half of 2025.
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These projects have empowered a diverse mix of artists to amplify brand messages, galvanize fan communities, and expand their reach worldwide.
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This implies a potential upside of 18% from the current market price of ?888.65. Following the announcement, shares of TIPS Music rose by 1.7% on Tuesday to ?888.65 on the....
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Staying true to its ethos of Bringing ife to L’ife, Shemaroo Contentino offers over 3,000 movies, more than 25,000 TV episodes, and 1,500+ music tracks, web series, in over 15....
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This initiative is part of a cultural and tourism-focused prepaid card program designed for corporate customers and their users.
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The record label posted a net income of $48 million for the quarter ending September 30, marking a significant 69% decline from the same period last year.
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This marks a year-on-year increase of 12% for premium subscribers and 11% for free users, bringing Spotify’s total monthly active users (MAUs) to 640 million, up 11% from the previous....
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For the quarter ending September 30, Saregama reported a revenue surge to Rs 241.83 crore, up from Rs 172.35 crore in the previous fiscal year.
Universal is currently engaged in litigation with Anthropic AI and Suno and Udio over the use of the label's recordings to train music-generating AI systems
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Sales for Music Broadcast rose by 4.56%, reaching Rs 54.83 crore in the September 2024 quarter, up from Rs 52.44 crore in the September 2024 quarter
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Net profit for the quarter rose by 21%, reaching Rs 48.2 crore. In the first half of FY25, revenue stood at Rs 154.5 crore, marking a 36% rise compared to....
In the first half of 2024, tracks within TuneCore Accelerator gained over 3 billion track discoveries and experienced nearly 10 billion new streams, fueling music discovery and supporting audience development.
This collaboration will see the contestants of SuperSinger Plus Rajasthan perform iconic songs from the vast TIPS Music library during the highly anticipated elimination round and grand finale.
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The Masked Singer has taken audiences by storm since its inception in South Korea, captivating viewers in over 50 countries, including the United States, United Kingdom, Australia, and Germany.
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This forecast surpasses the consensus outlook of 6.1% annual revenue growth and 8.8% annual adjusted EBITDA growth, as noted by ING.
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His inclusion in the top 5 alongside international music icons is a testament to his immense talent and dedicated fanbase he cultivated during the tenure of his career.
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Debuting at All About Music, ‘Muzartdisco’ Encourages Artists with Innovative Tools and a Worldwide Reach.
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The company reported an adjusted EBITDA of Rs.680 million in Q1FY25, up 9% from Rs.623 million in Q1FY24. The profit before tax stood at Rs.507 million, driven by increased content....
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This is a significant shift from five years ago, when international music dominated streaming. Now, local music accounts for over 70% of streams on Spotify India.
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The company launched a total of 97 new songs, including 18 new film songs and 79 non-film songs. Notable album releases included "Crew" and "Ishq Vishk Rebound."
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This collaboration brings fresh and exciting content to music lovers worldwide, including brand new tracks from the acclaimed artists Karol G and Doechii.
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According to the Financial Times, the Google-owned video platform is offering Universal Music Group (UMG), Sony Music Entertainment, and Warner Records.
Solidifying Its Place as the Go-To Platform for Content Creators Nationwide & in 15 Other Countries
Sony aims to introduce products boasting superior sound quality and advanced features like noise cancellation and spatial audio, catering to the evolving tastes of Indian consumers who crave immersive audio....
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The letter demands transparency from recipients regarding any unauthorized use of SMG content and requests information on how such content was accessed and utilized.
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UMG's revenue surged by 7.9% year-on-year in constant currency, reaching a substantial €2.59 billion, driven by robust expansion in all operational domains.
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The report showcases significant growth across various financial metrics, underlining the company's robust performance amidst a dynamic market landscape.
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Operating from Dubai, Warner Music South Asia will be led by Jay Mehta, in collaboration with Alfonso Perez Soto, the President of Emerging Markets at Warner Music.
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Through its distribution services, artists can sell their on major stores and streaming platforms while retaining full ownership.
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Their inaugural partner was Universal Music Group, which enlisted a steering group of artists and producers to guide the initiative's direction.
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This strategic maneuver positions HYBE's current and upcoming artists to benefit from the expansive promotional reach of the world's largest music company.
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These courses are easily accessible through a new icon on Spotify's mobile app home screen, as well as through search and browsing interfaces, seamlessly integrating into the existing user experience.
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With this strategic move and by combining the strengths of both companies, YKONE has positioned itself as a worldwide leader in Influencer Marketing with a turnover of close to $100....
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The move will establish Warner Music India as the largest player in the central Indian music market.
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The platform has already established partnerships with over 200 artists and plans to significantly expand this network by collaborating with at least 500 artists within the next 2-3 years.
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The affected employees will reportedly be provided with seven weeks of paid time to explore alternative roles within the company.
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In 2023, this upward trajectory continued with a remarkable 46% surge in ad volumes per channel compared to the baseline year of 2019, although it represented a marginal 3% growth....
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He emphasized the commitment to furthering Mavin's mission both within Africa and worldwide through this landmark partnership with UMG.
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The report delves into Spotify's algorithmic playlists and mixes, including its radio feature, Daily Mix, Discover Weekly, Release Radar, On Repeat, and Repeat Rewind playlists.
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The company's Board of Directors is slated to convene on February 28, with a primary agenda item being the consideration and potential approval of a proposal for a share buyback.
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The renowned music giant reported a net profit of Rs 227 crore, marking a significant uptick from the Rs 204 crore recorded in the preceding fiscal year.
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The company highlighted growth in recorded and published , merchandise, and licensing revenue.
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This staggering figure, nearly tripling over the past six years, constitutes a substantial portion of the $48 billion-plus that Spotify has disbursed since its inception, as reported by Variety.
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This decision coincides with Spotify's announcement of an expanded partnership with Riverside, integrating the renowned podcast creation service's tools into its platform for podcasters.
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Warner Music currently boasts 5 out of the top 10 songs on the Billboard Hot 100 this week, signaling its recent market strength.
InfraMantra, a prominent name in real estate services, has proudly announced the addition of renowned singer Guru Randhawa to its roster as its brand ambassador.
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This achievement comes as part of the December-ending quarter, alongside a 5 per cent rise in total monthly active users (MAUs), now totaling 602 million.
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In the first quarter following TuneCore Accelerator’s launch, nearly 10,000 artists increased their streams by an average of 143% compared to the previous quarter
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UMG has been engaged in contract renewal discussions with TikTok, emphasizing the need for fair compensation for artists and songwriters.
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This collaboration seeks to democratize access to advanced marketing resources for emerging musicians who may not have the support of large marketing teams, according to a joint statement from the....
The company reported a total net sales figure of Rs. 60.44 crore in December 2023, reflecting a notable increase of 10.54% compared to Rs. 54.67 crore in the same period....
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These collaborations empower artists to directly upload songs created with AI tools to the SoundCloud platform, marking a significant milestone in SoundCloud's commitment to empowering its artists.
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The collaboration is poised to open up new avenues for WMG in Pakistan's dynamic music industry, leveraging the expertise of Giraffe, known for its involvement in creating some of South....
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The change, effective from January's month-end royalty payments, means songs in Spatial Audio will now receive a payout rate up to 10 percent higher than other tracks.
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Spotify has successfully solidified its reign as the leading platform in the industry. However, behind these impressive statistics, a critical question looms: where are the profits?
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The continuation of this collaboration marks a milestone in the enduring alliance between Linkfire and Universal Music Group.
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Saregama's portfolio from Q3FY24 onwards. This integration is anticipated to contribute to the overall financial dynamics of the company in the coming quarters.
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The shutdown encompasses Resso and its related operations, offering users refunds for their remaining subscription fees.
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The service is scheduled to be launched in China, Japan, Hong Kong, Taiwan, and Macau from January 24, as announced by Apple on X on Tuesday (January 9).
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The individual monthly Premium subscription in the UK rose from £9.99 to £10.99, while the Family Plan increased from £16.99 to £17.99
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The Stockholm-based company, which announced a 17% reduction in its workforce impacting over 1,500 employees in December, witnessed the departure of a significant portion of its direct ticketing staff.
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EY's report reveals a notable growth in music publishing revenues within India, surging from INR 3.4 billion (USD $40.8 million) in 2019-2020 to INR 8.84 billion ($106.1 million) in 2022-2023,....
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The recently released Billboard Global Music Index for 2023 reveals an impressive 31% overall improvement, with Spotify leading the charge, boasting a staggering 138% gain.
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Delhi NCR, Bangalore and Mumbai are the Pocket FM top three cities in India; emerging cities like Jaipur, Lucknow, Surat and Pune ranked in the Top 10 list
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As per a Bloomberg report, artists adopting spatial audio will receive enhanced incentives starting the upcoming year, potentially resulting in increased royalties.
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Indian music with its legendary legacy emanating from its various regions has been a top draw across the world.
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Virgin Music Group combines two respected global indie brands, Virgin Music and Ingrooves Music Group as part of growth strategy
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mongst the most streamed genres on Spotify India, hip hop music in the country has seen growth across languages and regions, with Haryanvi, Punjabi, and Malayalam hip hop being among....
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This strategic move is part of Spotify's effort to convert a significant portion of its ad-supported free-tier userbase in India into paying subscribers.
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The deal, valued at $20 million, marks a strategic shift for Saregama and promises to reshape the landscape of digital entertainment in India.
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Katy Perry's decision to sell her music rights for $225 million is a testament to the changing dynamics of the music industry.
The collaboration aims to revolutionize the way music supervisors, filmmakers, and content creators discover and utilize production music.
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The lawsuit alleges that the platform has allowed rampant piracy to persist unchecked, prompting the National Music Publishers' Association (NMPA) to assert that the platform has consistently failed to address....
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However, amidst the celebration of this growth, the company sounded a cautionary note, hinting at potential challenges that may lie ahead for the streaming giant.
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The Amazon Music and Bandsintown merch integration will let over 590,000 registered artists
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The news has elicited mixed reactions from Spotify users and industry experts.
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This strategic partnership will enable Canva users to incorporate a wide array of licensed songs into their content, opening up exciting possibilities for creators across the globe.
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The Distribution Deal: Gem Tunes has finalized a music distribution deal with Believe International, a globally recognized platform that specializes in music distribution, marketing, and artist development.
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The Deal: Amblin Partners has announced the sale of a 50% stake in its vast music library to a $200 million-backed multimedia music company.
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The partnership between Warner Music Group and Yoto aims to harness the power of music and storytelling to educate and entertain children.
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The company is far from alone in this goal, though. SoundCloud is its most direct competitor in this strategy, but Amazon’s music boss Steve Boom
Vinyl Records, catering to music enthusiasts who appreciate the tangible and nostalgic experience of collecting physical music.
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In his new role, Ecker will be responsible for developing and growing Exceleration Music's roster of independent labels.
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Times Music is a prominent player in the Indian music industry, with a vast catalog of music across various genres
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If Spotify keeps growing at its current rate, it will have a billion global users by the midpoint of 2027.
The move by Universal Music has sparked a debate about the role of AI in the music industry.
This move is seen as a reflection of the company's commitment to the development of young and talented executives.
The launch of JM Reid Group comes at a time when the music industry is undergoing significant changes.
The acquisition of 7digital will help Songtradr expand its offerings and reach new markets.
The announcement was made by Warner's CEO, Jason Kilar, who said that the company is making "hard choices in order to evolve."
The company has announced that Eliah Seton has been named Chief Executive Officer, effective immediately.
By launching Splits, TuneCore now features the most comprehensive suite of artist support services and the industry’s most affordable distribution pricing plans for self-releasing artists worldwide
Warner Music India Acquires a Majority Stake In Divo.
Spotify is widely considered to be the largest music streaming service in the world
The YouTube Music team is launching an early access programme that will give selected users access to new features to gather feedback.
This acquisition continues a longstanding relationship between the band and Warner Music that now spans over a half-century, beginning with YES' self-titled 1969 Atlantic debut album.
Spotify has about 9,800 employees. In October, the -streaming giant laid off 38 staff from its Gimlet Media and Parcast podcast studios.
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Tech giant Apple is reportedly working on a standalone classical music application.
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This highlights the need for artists to not only get placed on streaming platforms, but also to be discovered and monetize their on a global scale.
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Universal Music Group has appointed widely respected executive Cindy Mabe as Chair and CEO of Universal Music Group Nashville (UMGN), effective April 1, 2023.
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The new feature, called Playlist in a Bottle, prompts you to answer a series of song-inspired prompts like "a song you're going to kiss someone to this year" or "a....
Prior to this, Katyal was Business Head at Twitter India
SPOTIFY VS. UNIVERSAL AND WARNER: THE BIG DIFFERENCE IN 2022
In live lyrics, the verse being played is highlighted in white and the background remains blurred.
Prime Video’s expansive content library features multiple licensed Dharma classics that have acquired massive fan-following over the years
First In Series Debuts December 22 at 9.30 PM IST/ 4.00 PM GMT/ 11.00 AM EST
The new experiment is an in-app rewards program, and will offer discounts and other benefits based on people’s usage of Spotify.
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Divo will work closely with the content creators and help them launch their own exclusive podcasts on Spotify.
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This new karaoke-style mode, according to the business, has features like changeable vocals, background vocals
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The digital fan community platform has been started by Samridhi Katyal and Vipul Chaube
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In an endeavor to strengthen its leadership team, TheSmallBigIdea recently announced top-level elevations in its senior leadership team.
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In India, WhatsApp has been working closely with ten organizations as part of WhatsApp’s Community Builders Program, offered to only 50 communities globally
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iTV Network and Gulshan Kumar Film & Television Institute of India, an educational initiative of T-Series and pacts with each other to bridge Academic-Industry gap.
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NetEase’s Chief Financial Officer Charles Yang told analysts during an earnings call that Cloud Music’s revenue grew
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For the second year in a row, Prime Video’s presence at IFFI, Asia’s oldest and India’s most iconic international film festival.
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India’s first NFT platform FanTiger registered more than 50,000 transactions in the last 30 days, becoming the first NFT platform to achieve this unique feat.
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Big Bang Media Ventures & New Horizons Alliance Merge
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It allows users to listen to more than 3,00,000 audiobook titles, which can also be downloaded for offline listening.
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SoundCloud is currently offering 50% off its ‘Next Pro’ plan.
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The initiative is aimed at creating an opportunity for talented musicians and providing formal education for music
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The great legacy of classical, film and folk music created in that period still resonates with elan. With these thoughts, comes into formation a brand new music entity named “ETERNAL....
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TuneCore have announced the funding of a grant for India based music creators. The TuneCore Grant is a cash endowment of INR 100,000 that will be awarded to one selected....
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Entertainment Network India Limited (Mirchi) has acquired a significant minority stake in Spardha – a music e-learning startup.
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Hence, the number is 30 million subscribers more than the 50 million the video streaming platform announced in 2021.
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Snapchat, has launched Snapchat Sounds Creator Fund, a new grant program designed to support emerging and independent artists in India.
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The action is being taken as retailers seek to expand their subscription offerings by bundling entertainment services such as streaming with their flagship apps.
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Records an increase in income by 77.6% over 2 years driven by the rapid growth of streaming.
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Higher revenue, including from sales of its Carvaan portable music player, helped Saregama offset a 32% rise in total expenses.
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BMG, the world’s largest international company outside the three “majors”, has struck a sub-publishing agreement for the territory of India with Turnkey & Publishing Pvt.Ltd.,
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As a new aspiring music platform, it takes time to reach 1.2 crore viewers with only three songs, but Treasure Records is proven to achieve this goal in a span....
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As a part of the scaling up, new tech features and services will now be made available to meet both creator and brand needs.
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To mark the new partnership, actor and Arabic pop singer Bader Al Shuaibi, and Kuwaiti singer, songwriter, and television personality Bashar al-Shatti.
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Spotify early last year announced that it’ll soon be adding support for “music in CD-quality, lossless audio format” in its app.
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Audio Network announced a new partnership with music search engine Figaro to make it easier and faster for customers in film
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The fastest-growing homegrown consumer tech brand Boult Audio has roped in actor Saif Ali Khan and Indian cricketer Suryakumar Yadav as its brand ambassadors.
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Toyota is the World’s Largest Automotive Company, and one of India’s top 5 car brands.
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Indian cricketing star Mahendra Singh Dhoni, who popularized the 'helicopter shot' has launched a quadcopter consumer camera drone named 'Droni'.
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Kinsen was founded by Mark Little and Áine Kerr.
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Meta announced the update in a release on Tuesday (October 4).
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With 100 millions songs, human curation is more important than ever for connecting artists and fans.
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Universal Music India (UMI), a division of Universal Music Group (UMG), the world leader in music-based entertainment, today announced that it has acquired a majority
Spotify’s response yesterday included some new stats on its efforts to remove this and other extremist music from its platform.
The music service has more than 100 million subscribers around the world.
Spotify has been confirmed as a category partner of this year’s Music Week Women In Music Awards.
Focusing on the touring aspect in an artist’s career, RE:Play is all set to reinvent the touring landscape in India by being the first of its kind agency
The company now features a completely redesigned website and new look, a custom colour palette and a creative logo that reflects the synergy between its extensive suite of music services.
MX Player continues to lead the way as the world’s second app to have crossed over 1 billion downloads.
The startup was launched on 21 september at the All About Music conference in Mumbai, and we’ll have a deeper dive into what it’s up to next week.
Kyncl will take over from Warner Music's longest-tenured Chief Executive Steve Cooper
The Shorts revenue share program will start rolling out in early 2023
In a world of sampling and sharing, musicians should learn copyright law basics to protect their intellectual property.
fortifies presence as it develops solutions for brands looking to enhance presence in the metaverse
This week brings news of the ruling in Sony Music’s lawsuit against Bang Energy.
The campaign intends to draw attention to Fair Pay and Fair Play of Music.
Using innovative technology to provide an alternative to the traditional music business model, Kobalt continues to drive change in music through unique services and technology platform
In her role as EVP & Co-Head of US A&R, UMPG says Knoepfle will work closely with UMPG’s Co-Head of US A&R, EVP and Head of Global Creative Group David....
Partha Sinha, President – Response Bennett, Coleman & Co. Ltd., has been re-elected to lead the body.
India-based music streaming company Gaana is dropping its free tier and moving to a paid subscription-only model.
The music business suspended operations in Russia earlier this year following that country's invasion of Ukraine.
Spotify has turned to another angle of the music business to generate income.
MX Player now partners with global giant Lionsgate to bring premium Hollywood content, including award-winning titles across genres.
Gaana informed its music partners via email that it was discontinuing the free music streaming service.
The company wants downloadable audio and video recordings containing live musical performances to be authenticated by NFTs.
Interested artists can find this, and many other opportunities, on BandLab Opportunities via ReverbNation.
Universal Music Group (UMG) was awarded Ukrainian President Volodymyr Zelensky’s Ukraine Peace Prize in recognition of its support for humanitarian
The platform says it aims to transition music to Web3 by empowering the artist-fan relationship and creating new revenue streams for creators and the wider music industry.
Artium Academy offers Live and interactive online classes by music maestros
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OnePlus, the global technology brand in collaboration with Spotify, the world’s most popular audio streaming platform, announced the launch of Red Cable Sessions.
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Obal mnline music education platform Artium Academy has entered into a strategic partnership with Global Music Junction — the digital entertainment subsidiary of JetSynthesys and Warner Music India.
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The partnership leverages company's leading technologies and Chinese music industry insights with Billboard's global brand authority
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Soundstripe will also use the funds to continue investment in its publishing business, which leverages the company’s ownership of 8,000+ songs.
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Spotify is currently facing an outage and a number of users are facing issues while using the music-streaming platform.
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The trend of getting absorbed into the metaverse is reaching its peak among celebrities in the music and arts industry.
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Global leading technology company OPPO today announced a new partnership with popular audio streaming platform Spotify.
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Saregama announced a global deal with YouTube for YouTube Shorts, a short format video experience on YouTube.
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Artists who have access to the app will be able “share content to promote your new and prior releases,” as well as “see your stats and learn about your fans....
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D:CODE 2022 will see the following 10 industry leaders cover three areas in 10 minutes each - their own work they are proud of, the work of other brands that....
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As a part of the mandate, the agency will be responsible for driving the next wave of growth and expansion and taking the brand on a journey of digital transformation.
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The gala evening is scheduled on 27th August at the most incredible international destination ‘Dubai’!
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Under the partnership, Harrdy will engage with Puma’s large base of customers and create exclusive content poised to further cement the brand’s market leadership position in India.
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The campaign attempts to spark the latent interest of playing an instrument among young Indian music lovers.
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FanTiger, India's first dedicated music NFT marketplace, today launched India's first Indie Rock Music NFT, 'Nusrat' by the popular Chandigarh-based band, 'Naalayak'.
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A One Stop Solution for Small, Medium & Large Businesses in India, along with Business owners, Marketing managers, Media agencies, SMEs, Metro & Non-Metro advertisers
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That trailed far behind NCM’s biggest rival Tencent Music Entertainment, which added 2.5 million new paying users during the same period.
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Much of that was due to its ‘social entertainment’ businesses in karaoke and livestreaming, which were down 20.4% to RMB 4.03bn ($601m),