Spotify is about to try to become a podcasting giant with two new acquisitions — and we have some suggestions for that — but first, it’s crossing an important milestone with its music streaming business. Today, for the very first time, the company is reporting that it’s turned a profit. That’s right: some 13 years and 96 million paid subscribers later, Spotify is finally making money. Unless you count that one time a complicated tax situation technically threw it into the black. “[F]or the first time in company history, Operating Income, Net Income, and Free Cash Flow were all positive,” reads a portion of Spotify’s financial announcement this morning. Specifically, the company made an operating profit of €94 million, or about $107 million. It’s possibly a good sign for the entire industry, not just Spotify, because Spotify is arguably leading that industry today. Those 96 million paid subscribers add up to nearly double Apple Music’s 50 million subscribers, and Spotify announced it had 207 million monthly active users in total this past quarter. All that said, the profit may not last. The company is forecasting a loss of €50 to €100 million (about $57 to $113 million) next quarter and […]

Meek Mill knows how to make an entrance. “Dreams and Nightmares”, the opening track from his 2012 debut, became one of the most chantable rap songs of the era. “Intro”, the opener from the rapper’s fourth studio album, Championships, revisits the same energy, this time with the dramatic flair provided by a sample of Phil Collins’ “In the Air Tonight”. Championships serves as a reintroduction, of sorts, for the rapper. Its title refers to a feeling of accomplishment that Meek is finally comfortable embracing after a tumultuous few years in the limelight, including a bitter rap feud with onetime friend Drake (who officially closes out the beef with an appearance on Championships’ “Going Bad”), a high-profile breakup and a stint in jail stemming from a probation violation related to a charge he caught roughly 10 years prior. “I feel like I’m at a championship stage in my life,” Meek told Beats 1’s Ebro Darden. “I call it beating poverty, beating racism, beating the system, beating gun violence, beating the streets. Once I made it through all that, I got to a point in my life where I’ve been living good and balling, doing what I do.” The album is plenty […]

Music streaming service Saavn has been rebranded to JioSaavn. The app is available both on Android and iOS-powered devices. Customers can now expect a rebranded icon, while the app features remain unchanged, ExpressTech reports. Announced in March, the merger between Saavn and Reliance Jio is scheduled for completion by year-end. The JioSaavn app on App Store will remain free for Reliance Jio subscribers, while others would have to pay to install the service. Jio customers will also receive free access to Saavn Pro for 90 days.

MTN has launched time-based music streaming service MusicTime. MTN has announced the launch of music streaming service MusicTime, which it calls “a world first offering” from the team at Simfy Africa. MusicTime is a time-based music streaming service, offering users premium trending and locally relevant music through partnerships with key music labels and providers, according to an MTN statement. Last month MTN group CEO and president Rob Shuter announced that the telco had bought music-streaming business Simfy Africa. “The MusicTime offering is set to revolutionise Africa’s music industry with a fully inclusive music streaming offering that includes a countdown timer, top trending music and data included in the price,” MTN said in a statement today. The telco explained that the timer clocks down as users listen to music. “We have worked hard in getting this breakthrough model to our customers. Data costs and the high costs of the top end music streaming products mean that the majority of our customers don’t have an affordable option for digital music and Simfy Africa came with the solution we were looking for,” said Jacqui O’Sullivan, executive for corporate affairs at MTN SA. MusicTime is available as either a 120 minutes offering for R5 […]

MTN South Africa has announced the launch of MusicTime!, which it says is a world-first offering from Simfy Africa. MusicTime is a time-based music streaming service, offering users premium trending and locally relevant music through partnerships with key music labels and providers. The offering includes a countdown timer, top trending music and data. The timer clocks down as users listen to music. MusicTime! is available for 120 minutes for ZAR 5 or 300 minutes for ZAR 10, both valid for seven days from purchase. There are no subscriptions, no hidden data costs and no advertisments.

MTN South Africa has announced the launch of MusicTime!, which it says is a world-first offering from Simfy Africa. MusicTime is a time-based music streaming service, offering users premium trending and locally relevant music through partnerships with key music labels and providers. The offering includes a countdown timer, top trending music and data. The timer clocks down as users listen to music. MusicTime! is available for 120 minutes for ZAR 5 or 300 minutes for ZAR 10, both valid for seven days from purchase. There are no subscriptions, no hidden data costs and no advertisments. https://music.einnews.com/article/470430133/jPLJ5m-JxGbc0Jml?ref=rss&ecode=F71-eCp0PRGspQOT

NEW YORK, U.S. – Chinas largest music-streaming service, Tencent Music Entertainment Group has raised nearly $1.1 billion in its U.S. initial public offering (IPO). The music arm of the Chinese social network and gaming giant Tencent Holdings Ltd., said in a filing with the Hong Kong stock exchange that the music streaming company raised close to $1.1 billion after pricing its shares at the bottom of a marketed range. The company said that in its filing that it had priced its American Depositary Receipts (ADRs) at $13 per share, which was at the low end of its indicated $13 to $15 per share range. According to the company’s statement, Tencent Music sold 41 million ADRs, and its existing shareholders sold a further 40.9 million, with a total of 82 million ADRs sold. So far this year, Tencent Musics U.S. IPO is the fourth largest among Chinese firms by deal value. For January-September, Tencent Music reported a 244 percent profit jump to $394 million. On Wednesday, Tencent Music will officially begin trading on the New York Stock Exchange under the symbol ‘TME.’ Tencent Music added in the filing that its IPO will debut the company at a valuation of about $21.3 […]

2018 will go down as a big year for music streaming services. Millions of people around the globe are transitioning to digital music as a subscription service, ditching CDs and even the pay-per-download model. Several of the biggest music streaming companies had initial public offerings this year, including Spotify Technology (NYSE:SPOT) and Tencent Holdings‘ (NASDAQOTH:TCEHY) recent partial spinoff of Tencent Music Entertainment (NYSE:TME). Here in the U.S., though, an old name reclaimed the top spot this year in the music streaming business. The biggest at home For the past couple of years, Apple‘s (NASDAQ:AAPL) growth strategy has been focused on its subscription services, and Apple Music is a tentpole in that segment. After surpassing 50 million users globally back in the spring, Apple Music just stole the top spot in America from Spotify. Both services have over 20 million paying subscribers in the U.S., according to a report from Digital Music News. It’s a tight race between the two companies, one that will probably continue to unfold over the coming years. At this point, Apple has more momentum in the States, though, getting a boost from cross-selling services alongside devices ranging from the iPhone to Beats headphones to the new HomePod smart speaker. […]

New York, NY (Top40 Charts) NPR First Listen is streaming Low Country Sound songwriter Adam Hood’s ‘Somewhere In Between’ (10.12) in full, here: https://www.npr.org/2018/10/04/653324422/first-listen-adam-hood-somewhere-in-between?t=1538746214643 “Over the course of 11 songs, he also teases out the tension that, for him, lies at the core of what it means to be a small-town, southern singer-songwriter: describing small displays of deliberateness in a thoroughly easygoing fashion,” says NPR Music’s Jewly Hight. The Alabama native’s first album in nine years is a pure reflection of Hood’s live show. It was produced by Oran Thornton (Miranda Lambert ‘Revolution,’ Eric Church ‘Caught In The Act: Live,’ Angaleena Presley ‘Wrangled’) and recorded at Nashville’s Sound Emporium Studios. Known as the “go-to country songwriter” (Billboard) for songs like Brent Cobb’s “King of Alabama,” Anderson East”s “”Surrender“” and album cuts recorded by Miranda Lambert, Little Big Town and Lee Ann Womack, Hood is ready to be back on the road touring under his own name and with his music. Fri., Oct. 5 will kick off a run of headline dates through the Fall that will travel through New York, Chicago, Boston, Nashville and more. For more information and tickets, please visit adamhood.com. ‘Somewhere In Between’ tracklist:1. Heart of a […]

SAN FRANCISCO (AP) — The owner of China’s largest music streaming services is looking to strike it rich in the U.S. stock market. Tencent Music Entertainment plans to sell its stock in the U.S. as part of an initial public offering. The IPO documents filed Tuesday propose raising $1 billion, but that preliminary figure often ends up being substantially higher. Investor demand is likely to be high, given the rising popularity of music streaming and Tencent’s success so far. Tencent says its services have more than 800 million users, including 23.3 million subscribers who pay to listen to its music library. Most Read Business Stories Unlimited Digital Access. $1 for 4 weeks. It’s also profitable, having earned $199 million on revenue of $1.66 billion last year. Tencent’s major shareholders include the leading music streaming service Spotify, which went public earlier this year.

You probably already know that listening to music no longer requires trips to a music store, or purchasing individual songs or albums from iTunes to download to your computer. Today’s best music streaming services have millions of songs in their catalogs, offer personalized playlists, and feature exclusive internet radio shows and podcasts. But which should you pick and pay a subscription fee for? A good streaming music service has a straightforward user interface that makes it easy to organize a library of thousands of songs or playlists across the web, Android, and iOS apps, and in some cases, a desktop Mac or Windows app. However, while most music streaming services have these features, most of them aren’t free, and nearly all services require paid plans that grant you access to a full on-demand library of music and other features. While testing these music streaming services, I considered factors like audio quality options, social integration, and built-in lyrics. It’s also absolutely necessary that your streaming app plays nice with more than one personal device. These are all important points when considering which music service to pick and ultimately, make for a better listening experience. Spotify is the best streaming music service […]

New York, NY (Top40 Charts / NetEase Cloud Music) NetEase Cloud Music, the popular Chinese music streaming platform owned by leading Chinese internet company NetEase, Inc., announced the signing of a copyright licensing partnership with Loen Entertainment, one of the largest entertainment firms in South Korea. With the signing, NetEase Cloud Music has been granted the license to the copyright of the firm’s music catalog, including a large collection of music as well as sought-after albums and tracks from popular performers, including IU, Apink, CNBLUE, GFriend, AOA and THE BOYZ. Loen Entertainment boasts a variety of music genres, covering the gamut from dance music, hip hop and R&B to folk, ballads, TV theme songs and electronic music. The collection will now become available on NetEase Cloud Music, including Palette and CHAT-SHIRE by IU, Miracle and ONE & SIX by Apink, 7°CN and BLUEMING by CNBLUE, Sunny Summer and Time For The Moon Night by GFriend, BINGLE BANGLE and ANGEL’S KNOCK by AOA, as well as THE START and THE SPHERE by THE BOYZ. In addition, NetEase Cloud Music has been granted the license to the copyright of popular albums including Post It by Loco, Gashina by Sun Mi, WHAT IF […]

EDITORS’ NOTES There’s a wistfulness to this album that emerges from its faded colours and the vintage feel of the muffled piano on many of its tracks. French-Canadian pianist/composer Alexandra Stréliski’s music is fragile and vulnerable, its surface optimism a mask for her deep introspection. But it’s also calming: The opening “Plus tôt” is a reassuring waltz, “The Quiet Voice” a lilting, innocent miniature. Stréliski returns to the full-throated sound of a grand piano for the beautiful “Burnout Fugue”, a mesmerising toccata, before delivering a gentle, rippling ballad, “Revient le jour”.

British rock band You Me at Six made their album debut in 2007 and rose to Top Five success in 2010 with their second effort. Founded in 2004 in Weybridge, Surrey, the band comprises Josh Franceschi (vocals), Max Helyer (guitar), Chris Miller (guitar), Matt Barnes (bass), and Dan Flint (drums). They made their recording debut in 2006 with We Know What It Means to Be Alone, a four-track EP that was followed by another, Untitled 4 Track EP. You Me at Six made their full-length debut one year later with Take Off Your Colours on Slam Dunk Records in the United Kingdom and Epitaph Records in the United States. Produced by Matty O’Grady and John Mitchell, Take Off Your Colours reached number 25 on the U.K. albums chart and spawned the hit singles “Save It for the Bedroom,” “Finders Keepers,” and “Kiss and Tell.” Thanks in part to heavy touring, including a performance at the 2007 Slam Dunk Festival, the band’s popularity grew steadily and earned them a nomination for Best British Band at the 2008 and 2009 Kerrang! Awards. Working once again with producers O’Grady and Mitchell, You Me at Six released their second album, Hold Me Down, in […]

Rapper Lil Baby grew up in Atlanta hanging with friends like Young Thug, Coach K, and Pee, leaning more toward a life of petty crime and street hustling while his friends went on to thrive in the music industry. In 2015, at age 19, Lil Baby went to prison for two years for a probation violation. Upon his release in 2017, he jump-started his rap career with a mixtape called Perfect Timing, released in April of that year. The mixtape featured cameos from friends like Lil Yachty, Young Thug, and Gunna, and strong production from 808 Mafia, Brickz, and many others, highlighted by Lil Baby’s woozy flows. The mixtape immediately brought the young rapper fame, in part due to his affiliations with friends in the Quality Control family of artists as well as the 4 Pockets Full clique. As his mixtape attracted more listeners, Lil Baby worked constantly on new music, releasing singles like “My Dawg” and the Young Thug collaboration “Pink Slip” in the summer of 2017. Other 2017 releases included Harder Than Hard, 2 the Hard Way (with Marlo), and Too Hard. Lil Baby’s debut studio album, Harder Than Ever, appeared in May of 2018. Featuring guest appearances […]

British rapper Chipmunk began his musical career during grime’s first wave of artists in the U.K., eventually moving toward a more mainstream hip-hop sound that brought him success in his home country and America. After the release of his second full-length, 2011’s Transition, Chipmunk officially shortened his name to Chip, signifying a gradual return to his grime roots. The change coincided with the collapse of Jive Records and Chip’s subsequent move to T.I.’s label Grand Hustle. His first release for the label was 2012’s London Boy mixtape, which featured both U.K. and American guests, including Iggy Azalea, Meek Mill, Skepta, and Wretch 32. Over the next three years — and two further mixtapes, Get Dough or Die and Rap vs. Grime — Chip re-established himself as grime artist; in particular an artist who wasn’t afraid out call out his peers, as in 2015 when he called out Tinie Tempah during a freestyle on BBC Radio One. Later the same year he also began feuds with Bugzy Malone and Yungen, as well as releasing a two-part EP series called Believe and Achieve. By 2017, Chip was fully submerged in the London grime scene; signified by the release of his third album, […]

An imaginative and stylistically dynamic rap artist who emerged during the early 2010s, Logic launched his career through uploads and independent mixtapes prior to reaching the mainstream with a Def Jam record deal. Born Sir Robert Bryson Hall II in Gaithersburg, Maryland, the rapper, singer, songwriter, and producer dropped a mixtape as Psychological in 2009, then shortened his name. After the 2010 release of Young, Broke, & Infamous, Logic joined the independent label Visionary Music Group. A one-tape-per-year schedule continued with a trilogy of Young Sinatra releases, a period during which he toured internationally without label support and was selected for XXL magazine’s Freshman Class of 2013. Additionally, Logic and Visionary Music Group worked out a contract with Def Jam. Logic released his major-label debut album, Under Pressure, in October 2014. Executive produced by No I.D., it didn’t need any guest appearances to enter the Billboard 200 chart at number four, and was eventually certified gold by the RIAA. The Incredible True Story, an ambitious concept album based 100 years in the future, arrived in November 2015 and peaked at number three on the Billboard 200. The following year, Logic embarked on the Endless Summer Tour with G-Eazy, YG, and […]

“I wanted to write an album that could give justice to being someone complex in the pop world,” the surging French star sometimes known as Héloïse Letissier tells Apple Music. “Pop music is so much recently about trying to simplify narratives, and I was trying to complexify mine. Christine is really me taking your shirt and talking to you really up close. I just want to make sure you actually meet me.” If you have not yet made her acquaintance, you are about to: Her second album under the name Christine and the Queens takes her alter ego a step further with a bolder, more androgynous iteration named Chris. “The first album was born out of the frustration of being an aberration in society, because I was a young queer woman,” she says. “The second was really born out of the aberration I was becoming, which was a powerful woman—being lustful and horny and sometimes angry, and craving for this will to just own everything a bit more and apologize a bit less.” While the new album, also named Chris, undoubtedly works as an exploration of identity and sexuality and power—and as self-aware performance art worthy of touchstones like David […]

Armed with a mesmerizing, nimble soprano—and a vocal register often likened to Mariah Carey’s and Christina Aguilera’s—Ariana Grande began her career as a child star on Broadway and Nickelodeon before transforming into a pop and R&B powerhouse. Instantly recognizable thanks to her signature ponytail, cat ears, babydoll dresses, and breezy self-confidence, her slyly sexual personal brand has, like that of the Spice Girls before her, become an iconic image of young female power. But Grande is more than a symbol: Over the course of several albums and scores of hit singles—beginning with 2013’s “The Way” (featuring Mac Miler) through The Weeknd-assisted “Love Me Harder” and “Break Free” (featuring Zedd)—she has consistently outshined her male collaborators and deftly parlayed her stardom into activism. An LGBTQ advocate and outspoken feminist (“I’m tired of living in a world where women are mostly referred to as a man’s past, present, or future PROPERTY,” she tweeted in 2016), she uses her platform to confront issues like misogyny, sexism, homophobia, and bullying, spreading a message of love over all. Nowhere was this more clear than in May 2017: After terrorists attacked her concert in Manchester, England, killing 22 and injuring hundreds, Grande continued her tour. “Perspective […]

Kojo Funds emerged amid a number of rap artists mixing Afro-swing, dancehall, and R&B in the late 2010s. He was born and raised in East London — an area that also produced Dizzee Rascal, Kano, and Wiley — but was also of Ghanaian and Dominican Republic heritage, and African and Caribbean influences would later influence his work. Kojo’s music career began in 2014 when he started freestyling with friends, and their encouragement led him to take his musical aspirations seriously. His first track, “Want from Me,” was released in 2014 and featured his melodic rap style as well as demonstrating the impact of dancehall on his music. In 2016, Kojo released the track that would prove to be his big break. He collaborated on “Dun Talkin’” with Abra Cadabra, and it won the Mobo 2016 Best Song Award. ~ Bekki Bemrose https://itunes.apple.com/gb/album/golden-boy/1434400391?app=music

Manchester duo Children of Zeus, a.k.a. Tyler Daley and Konny Kon, have said that when you live in a city that never stops raining, there isn’t much to do except sit inside and make music. Despite the gloomy conditions, the pair’s full-length debut is a warm and intoxicating fusion of hip-hop, jazz and soul. Their vocals float between rapping and singing with ease, maintaining a meditative pace made for Sunday-afternoon lazing. Keen to showcase more of Manchester’s rising talent, they invite R&B vocalist [ K S R ] to smother “All on You” with his honey-smooth voice, while rapper/singer Layfullstop contributes to the laidback ode to positivity “Fear of a Flat Planet”.

With a series of hits that bundled gangster rhymes, weed talk, pop hooks, and slick production, Pittsburgh, Pennsylvania rapper Wiz Khalifa went from breakthrough single (“Black and Yellow”) to feature film star (Mac and Devin Go to High School) in the short span of two years. Along the way there were revered mixtapes, sports anthems, a friendship with West Coast legend Snoop Dogg, the proliferation of his crew referencing Taylor Gang or Die T-shirts, and a friendship with the late actor Paul Walker that inspired the massive hit “See You Again.” A military brat, Khalifa, whose real name is Cameron Thomaz, was born in 1987 in Minot, North Dakota. After his parents divorced when he was three, he lived in various places and military bases around the world. His first attempt at committing lyrics to paper was around age nine, and at 12 he was already recording and producing his own records in his father’s Oklahoma studio. Settling in Pittsburgh during his high school years, Khalifa laid down the groundwork for a solo career and kept busy recording music in a local studio, I.D. Labs. He stood out among the studio’s regulars, prompting the I.D. Labs’ staff to offer him […]

Known for a uniquely fluid and melodic yet mumbling vocal style, rapper Future busted out of Atlanta at the dawn of the 2010s with a flurry of mixtapes, high-charting albums, certified platinum singles such as “Turn on the Lights” and “Low Life,” and contributions to several other hits as a featured artist. Born Nayvadius Wilburn, he grew up in his city’s Zone 6 section with roots in the ATL’s Dungeon Family, who dubbed him “the Future.” Mentored by cousin and fellow Dungeon Family member Rico Wade of the revered Organized Noize, Future released his first mixtapes in 2010 and early 2011, which left him poised for a mainstream breakthrough. A few months after the January 2011 release of his third mixtape, Future was featured on YC’s “Racks,” a single that bubbled up to the Top Ten of Billboard’s Hot R&B/Hip-Hop chart. Shortly thereafter, the rapper signed with major-label Epic, and “Tony Montana,” his proper debut single, subsequently peaked just outside the Top 20. Its parent album, Pluto, landed the following April and debuted at number two on the Billboard 200, supported by the number two R&B/hip-hop hit “Turn on the Lights,” which earned Future his first RIAA platinum certification. No […]

Canadian songwriter, producer, rapper, and singer Drake sustained a high-level commercial presence shortly after he turned to rapping in 2006, whether with his own chart-topping releases or a long string of guest appearances on hits by the likes of Lil Wayne, Rihanna, and A$AP Rocky. Each one of the former child actor’s first four proper albums, as well as a 2015 mixtape, topped the album charts in his native Canada and in the U.S. Though he caroused with his most hedonistic contemporaries, Drake was frequently praised for his sensitive, introspective approach to rap and R&B. He also used his platform to support emerging talent like the Weeknd, and eventually formed his own OVO Sound label. Known initially for his role as Jimmy Brooks on Degrassi: The Next Generation, the Toronto, Ontario-born Aubrey Drake Graham stepped out as a rapper and singer with pop appeal in 2006, when he initiated a series of mixtapes. A year later, despite being unsigned, he scored major exposure when his cocky and laid-back track “Replacement Girl,” featuring Trey Songz, was featured on BET’s 106 & Park program as its “Joint of the Day.” He raised his profile throughout the next several months by popping up […]

The Hunna are a four-piece indie rock band from Hertfordshire, England. Singer/guitarist Ryan Potter, lead guitarist Dan Dorney, bassist Jermaine Angin, and drummer Jack Metcalfe quickly built a local following before teaming up with producer Tim Larcombe (Lana Del Rey, Halsey) to record their debut single. “Bonfires” and its B-side, “She’s Casual” were released in October 2015, coinciding with the Hunna’s first supporting tour with Bristol-based band Coasts. They spent much of 2016 in the studio recording their debut album 100, which saw release later the same year. Following headline slots at the Festival Republic Stage at Reading and Leeds Festivals, the band prepared for the release of their sophomore record with the lead singles “Summer” and “Dare.” The ten-track Dare was released in 2018. ~ Timothy Monger