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SoundCloud cuts 40% of its staff in the music streaming service’s push for profitability

BusinessBy adminJuly 6, 2017Leave a comment

[ad_1] SoundCloud Ltd. is cutting about 40 per cent of its staff in a cost-cutting move the digital music service says will give it a better financial footing to compete against larger rivals Spotify Ltd. and Apple Inc. SoundCloud, which in January said it was at risk of running out of money, informed staff on…

As Apple Music grows, it wants to pay labels less — here’s why that is important

BusinessBy adminJune 22, 2017Leave a comment

[ad_1] In the two years since its release, Apple Music has been gunning for Spotify’s top spot atop the music streaming world, playing the upstart as it rushes to occupy territory as an ambitious, new competitor. It’s made some important strides. Apple has aggressively converted 27 million subscribers, and has bolstered its catalog with exclusive…

Scan these new QR-style Spotify Codes to instantly play a song

BusinessBy adminMay 6, 2017Leave a comment

[ad_1] Spotify has taken a tip from Snapchat with its new feature for sharing music via scannable images. The new Spotify Codes feature creates a unique barcode and album cover image for every song, artist and playlist. Scan these Spotify Codes with the new camera in the Spotify app’s search bar to instantly play that…

Spotify Ltd is on a quest to win artists’ favour, and it’s starting with wooing Katy Perry

BusinessBy adminFebruary 12, 2017Leave a comment

[ad_1] Fans of pop star Katy Perry woke up Friday to an e-mail on their smartphones: Her new single, “Chained to the Rhythm,” is available for streaming. They got another reminder when they logged on to Facebook, where Perry is liked by more than 70 million people. As if that weren’t enough, Los Angeles and…

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