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Universal Music Taps Aspiro for European Streaming Service

Stockholm, Sweden - Apiro, a provider of mobile entertainment services in northern Europe, announced on Thursday that it will provide a white-label music streaming music service for...

Aspiro Sells Mobile Entertainment Business in Finland

Stockholm - Aspiro, a provider of TV and music streaming services in Europe, said on Friday that it will sell its remaining mobile entertainment business in...

SiriusXM CEO Expects Self-Pay Subscriber Gains in Second Quarter

The Hollywood Reporter reports: "SiriusXM expects to grow its self-pay subscriber base in the current second quarter despite headwinds from the novel coronavirus pandemic,...

FanFair Alliance Files Complaint Over Viagogo’s $4B StubHub Deal

Billboard reports: "Ticketing campaign group the FanFair Alliance has raised a formal complaint with the U.K.'s Competition and Markets Authority (CMA) over Viagogo's proposed...

LoKast Mobile Media Sharing App Released for Android

Philadelphia - NearVerse has released a version of its LoKast mobile media sharing application for Android smartphones. The LoKast service, which debuted at SXSW this year,...

Inside the Earnings: UMG Is Firing on Full Cylinders Headed Towards...

Billboard reports: "Universal Music Group is firing on all cylinders as its revenue exploded last year to €7.16 billion ($8.04 billion), an 18.9% increase...

Roblox Says $200m+ Copyright Lawsuit Is Based on a ‘Fundamental Misunderstanding’....

Music Business Worldwide reports: "Video gaming platform Roblox has responded to being hit with a $200 million-plus copyright infringement lawsuit from music publishers in...

Report: Streaming Music Service Pandora Closes Fifth Round

San Francisco - Streaming music service Pandora has closed a fifth round of venture capital financing, PaidContent reports, citing a statement from the company. The amount raised...

Major Labels Now Earn $1 Million Every Hour From Streaming

Hypebot reports: "While there’s still some debate over whether streaming is profitable for artists, it seems pretty clear that the major labels are at...

Founders Fund backs Royal, a music marketplace planning to sell song...

TechCrunch reports: "Founders Fund and Paradigm are leading an investment in a platform that’s aiming to wed music rights with NFTs, allowing user to...