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Sonos files to go public

07/07/2018

Sonos filed papers with the US Securities and Exchange Commission for an initial public offering (IPO). The multi-room audio company was founded in 2002 and by 31st March this year had sold 19 million products in roughly 6.9 million households around the world. Despite being the leading company in the multi-room audio business with sales of $992.5 million in revenue in the 2017 – a 10% increase on 2016 – it wasn’t enough to turn […]

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US streaming continues to grow

07/07/2018

On-demand streaming in the US rose by 45% during the first half of 2018 according to market researchers, Nielsen, in their Music Mid-Year Report. Total album equivalent consumption*, which includes physical and digital album sales, song sales and on-demand audio and video song streams are up 18% during the same period. On-demand song streaming activity reached new milestones, with volumes surpassing 400 billion, offsetting declines in album and track sales. On-demand audio streaming volume was […]

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YouTube Music and YouTube Premium launch in 17 countries

29/06/2018

YouTube Music and YouTube Premium launched in 17 countries on 18th June 2018. Both services are available in the US, Australia, New Zealand, Mexico, Austria, Canada, Finland, France, Germany, Ireland, Italy, Norway, Russia, Spain, Sweden and the UK. In South Korea there is only a YouTube Premium subscription available which will be at the current price of YouTube Red. Apps for iOs and Android are available from the Play Store and App Store. A new […]

BBC Sounds App launched as iPlayer Radio replacement

29/06/2018

The BBC has soft launched BBC Sounds, a new audio app intended to replace the BBC iPlayer Radio. BBC Sounds brings together BBC live and on-demand radio, music and podcasts into a single personalised app which is available in iOS and Android versions. BBC Sounds is designed to learn from the user’s listening habits, providing one-tap access to the latest episodes of favourite BBC podcasts and radio shows and making available an 80,000 hour library […]

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TIDAL and Arsenal partner to develop young talent

12/06/2018

TIDAL and Arsenal Football Club are launching a partnership which celebrates the organizations’ shared commitment to developing young talent. Arsenal members for the 2018/19 season will receive six-month free TIDAL subscriptions. Platinum and Gold Arsenal members will enjoy the Hi-Fi service while Silver and Red members will receive the Premium service. Details on how to activate these exclusive offers will be communicated to members before the start of next season. Arsenal and TIDAL are collaborating […]

1 in 8 albums sold in the world are British

11/06/2018

Consumption of British music, fuelled by strong demand for albums by Ed Sheeran, Rag’n’Bone Man, and Sam Smith, among others, as well as classic acts such as The Beatles and Roger Waters, accounted for 12.9% of all the music purchased or streamed around the world in 2017 according to BPI research. British artists accounted for just under half (48.2%) of all UK album sales. But they also did well across Europe, where they were responsible […]

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Absolute Radio 70s goes internet radio only

09/06/2018

Absolute Radio 70s closed its DAB and Sky TV services on 23rd May 2018 becoming an internet only radio channel. Listeners will still be able to access the service in the following ways: Online at absoluteradio.co.uk Absolute Radio free mobile app available to download for iOS and Android phones and tablets Smart speakers/voice activated devices (e.g Amazon Echo. Say ‘Alexa, play Absolute Radio 70s’) WiFi enabled internet radios Smart TV and Apple TV apps The […]