Spotify

Napster is back... sort of. The infamous peer-to-peer file sharing service was all the rage in the late 1990s. However, the company was riddled with legal battles and forced to shut down in 2001. The company went on to transition itself as a legitimate online music store and was eventually...

Citi’s Mark Kelley expects Pandora Media Inc (NYSE: P) to launch its new on-demand offering by the end of the year. Kelley reiterated a Buy rating on the company, with a price target of $16. On-Demand “In recent appearances, management has suggested its on-demand offering will...

Spotify, the popular on-demand music streaming app, just hired Lady Gaga's former manager, Troy Carter. The question investors are now asking is if Apple Inc. (NASDAQ: AAPL) should be worried, as the company struggles to gain market share in the rapidly growing and lucrative streaming music segment...

The next investors of Swedish streaming-music service Spotify may face the financial music, according to Reuters Breakingview columnist Jeffrey Goldfarb. Spotify competes with Pandora Media Inc (NYSE: P) and Sirius XM Holdings Inc. (NASDAQ: SIRI) in a competitive market. Despite 90 million...

Spotify's revenue has risen to $2.1 billion over the course of 2015, and it has double in growth from the previous year, Reuters reported. Subscriptions to Spotify's premium service made up 91 percent of the income generation. With the massive increase in revenue, Spotify also saw a large increase...

Pandora Media Inc (NYSE: P) has received an investor letter from Corvex that calls for the board to “explore the sales process.” Robert "Bob" S. Peck of SunTrust Robinson Humphrey maintains a Neutral rating on the company. Investor Letter And Impact Mentioning that the letter did not...

Irving Azoff is the chairman and CEO of Azoff MSG Entertainment, a music, media and entertainment company that creates new avenues and opportunities for artists. On Monday, Azoff wrote an open letter to Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s YouTube business in response to the streaming...

According to market reports, Apple Inc. (NASDAQ: AAPL) is set to implement "sweeping changes" to its music streaming service. Few details are yet known, but Jessica Lessin of The Information and Mike Isaac, a tech reporter for the New York Times shared their views on CNBC's "Squawk Alley." Lessin...

Nikki Sixx, co-founder of the band Motley Crue and Sixx: A.M., is pushing Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s YouTube business to "do the right thing." Speaking to CNBC, Sixx said that Spotify and Apple Inc. (NASDAQ: AAPL) have both "figured out a way to pay artists more than YouTube is...

Spotify, the popular music-streaming site, tapped private equity firm TPG, hedge fund Dragoneer Investment Group and clients of Goldman Sachs Group to raise $1 billion, The Wall Street Journal reported after Tuesday's market close. Spotify's $1 billion in convertible debt was the...

Shares of Pandora Media Inc (NYSE: P) fell more than 12 percent, a sign that investors don't seem to be delighted on the return of founder Tim Westergren as CEO in place of Brian McAndrews, who is leaving the company. "We see the founder's return as a tacit admission that Pandora...

Google, which reports under Alphabet Inc (NASDAQ: GOOG), got a big fillip as music streaming service Spotify chose to adopt the search giant's Cloud Platform to power its backend infrastructure. This is considered as a major boost to Google's cloud platform that competes with players such...

Pandora Media Inc (NYSE: P) shares were trending down Thursday morning, potentially reeling from news that Amazon.com, Inc. (NASDAQ: AMZN) had partnered with Spotify to stream music through Amazon's Echo home media hub. While Spotify is not new to Amazon products – the Amazon Fire TV and...