December 12, 2017 After a lot of cloak-and-dagger talks, Apple has confirmed the procurement of London-based music discovery app Shazam yesterday 11 December 2017. The deal is reportedly for $400 million. The app Shazam uses the microphone on a smartphone or computer to...
December 9, 2017 Apple is on the verge of acquiring Shazam, the music recognition app. The deal is reportedly for $400 million. If Apple does acquire Shazam, it will upset competing streaming services like Spotify and Google Play Music. Shazam also has a...
December 8, 2017 Global music streaming giant Spotify and China's Tencent Music Entertainment will buy minority stakes in each other's businesses. The equity procedure is believed to result in Tencent Music Entertainment Group and Spotify both acquiring around 10% in each other’s...
December 8, 2017 YouTube plans to introduce a paid music service in March next year. This is the third attempt by parent company Alphabet Inc. to catch up with rivals Spotify and Apple Inc. YouTube’s music head Lyor Cohen revealed that the...
December 6, 2017 Touchwood Entertainment Limited became the first event management company in India to get listed on the National Stock Exchange (NSE). The issue will be available from 11 to 13 December 2017. Public issue of 10,53,000 equity shares with face value...
December 4, 2017 Gaana, India's music streaming app, announced that it has crossed 50 million monthly active users to become the first music streaming app to achieve this landmark. Gaana has also been awarded the "Most Entertaining App on the Google Play...
November 7, 2017 Sony Music and South India’s post-production facility Knack Studios have collaborated to launch The Madras Gig, a platform for indie talent across South India. The objective of these two brands is to increase the reach of independent music and unearth...
