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Four-fifths of the country's music listening now comes from the likes of Spotify and Apple Music

A report has shown that online streaming accounted for just over 80% of the UK's music consumption last year.

Coming days after stocks in Spotify...

The service now has 124 million paid subscribers

Spotify has reported a total revenue of $7.44 billion in 2019.

Announced on February 5th, as part of the streaming giant's For The Record financial...

It's the first time the platform revenue has exceeded $200m

SoundCloud have announced that in 2019, they turned over more than $200m for the first time. 

This means that the platform have beaten their own...

Physical formats make up less than 10% of the revenue

Streaming accounted for 80% of recording revenues in the U.S. in 2019, the Recording Industry Association of America (RIAA) reports.

In a Tweet posted by...

The company's profits are up by 43%...

Following a bumpy 12 months, SoundCloud announced in October that its annual revenue was up a whopping 43% to almost $28 million. 

Thanks to the...