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Streaming News

Spotify settles class-action lawsuit to the tune of $112.5M

Spotify has been under fire for a couple of years now, ever since they were hit with a class-action lawsuit claiming that the service rips off artists. Recently a settlement was reached for around $112.5 million USD.

Gareth Emery opens up about blockchain streaming service Choon Special

World renowned DJ and producer Gareth Emery chatted with Digital Journal about his blockchain streaming service Choon, which is taking the music industry by storm.

Op-Ed: Top five reasons Spotify is bound for a profitable year in 2018

Spotify, under the leadership of founder and CEO Daniel Ek, is going public next week. Here are the top five reasons it is headed for commercial success.

Twitter's investment in SoundCloud is wiped out completely

Twitter has written down most of its $70 million investment in SoundCloud. This is a substantial indication that digital music is a challenging industry to make a profit.

Spotify job openings reveal company's work on 'physical products'

Spotify is preparing its own range of physical hardware products, according to company job postings discovered online. Spotify is intending to create "category defining" devices built to rival smart speakers including the Amazon Echo and Google Home.

Best Buy pulling CDs from their shelves, as albums fade fast

Best Buy, one of music's biggest merchandisers in the United States, is expected to end the sales of physical albums (CDs) at all of their stores by July 1, 2018.

Netflix nears 118 million streaming subscribers worldwide

Netflix has a major reason to be proud. It hit a major milestone with its number of subscribers! The entertainment company has almost 118 million streaming subscribers worldwide.

Spotify solved a $1 billion debt issue that will aid with IPO

Spotify wants to sell its shares to investors in the spring of 2018. In doing so, Spotify has cleaned up a debt deal thanks to the help of a Chinese tech conglomerate Tencent.

Apple set to acquire Shazam in $400m deal

Apple is close to acquiring music recognition service Shazam in a $400m deal. According to media reports, the purchase will be confirmed this week and will see Apple acquire a notable platform. Shazam is capable of identifying songs using a phone.

Roku opens at record high, getting a $50 price target on Monday

Roku, which makes streaming video devices, has more than tripled since going public in November. Shares opened at an all-time high of $49.41 after getting a super-bullish analyst price target.

Roku's IPO popped nearly 70 percent - 'even investors watch TV'

The stock, which was priced at the top of its range at $14 a share, surged on its opening day and finished Thursday's regular trading session up nearly 70 percent at $23.50.

MIT AI tries to eliminate buffering when streaming videos

MIT has developed an AI capable of streaming video without making you wait for it to buffer. Buffering is one of the biggest hindrances publishers face when convincing viewers to watch their content. Visitors on slow connections will simply turn away.

Google to merge YouTube Red and Play Music into a single service

Google is preparing to merge together its YouTube Red and Play Music streaming subscriptions into a single combined service. The company wants to offer potential customers "one offering" after hearing reports that the current system is too confusing.

SoundCloud will cut 40 percent of its staff as company struggles

Streaming service SoundCloud has cut about 40 percent of its staff, in a move that will allow the company to better compete with its larger music streaming rivals, Spotify and Apple Music, Bloomberg reports.

BBC announces £34m fund to resist Netflix's popularity with kids

The BBC has announced a new £34 million investment in digital content as it plans to fend off competition from Amazon Prime Video and Netflix. The broadcaster is focusing on children, claiming UK youth are influenced by American tech giants.

Spotify lets you build playlists with your Facebook friends

Spotify has announced a new integration with Facebook Messenger that lets you and your friends create music playlists with the bot. Designed for use on social occasions like parties, it lets anyone add to the playlist to create the perfect soundtrack.

Spotify passes 140 million active users with no profit in sight

Spotify has passed the 140 million active users mark but is still a long way from being profitable. While revenue increased, investment in new projects has caused operating losses to rise at a similar rate. It is still aiming to reach profitability.

Digital Concert Hall brings Berlin Philharmonic directly to you

For lovers of classical music, the Berlin Philharmonic is a name that denotes excellence matched by few other orchestras the world over.

Twitch users play the stock market using one man's $50,000

Users of the online game streaming platform Twitch are making real trades on the stock market using one man's $50,000. The initiative is called Stock Stream and employs Twitch's interactive gaming features to let "players" decide on the trades to make.

Netflix row stirs tough questions for cinema's future

Cannes - The bitter row over whether Netflix films should be shown at the Cannes film festival is billed as generational clash that calls into question the future of cinema.

World's first streaming stick for kids launched by PBS

PBS KIDS has unveiled the first HDMI TV streaming stick aimed specifically at children. Moulded in the shape of a racing car and featuring bright green colours, the device comes preloaded with digital games, videos and sing-along songs for young children.

Spotify building its own 'category defining' music hardware

Spotify is planning to launch a hardware device that will change the way in which "the world" experiences music. The company's ambitious aims are said to be early in development. It's an unexpected expansion of Spotify's business, moving beyond apps.

Amazon to spend about $4.5 billion on its fight against Netflix

Amazon is set to spend a gargantuan ~$4.5 billion on video in 2017, according to analysts at J.P. Morgan, a figure that would put the internet giant much closer to rival Netflix than many industry observers thought.

Girl allegedly raped on Facebook Live had to be relocated

Chicago - Chicago police confirmed a 15-year-old girl whose alleged gang rape was streamed on Facebook Live is now in a “safe space.” The girl’s mother said since the incident her daughter and the family have been harassed and threatened at home and online.

App lets you turn your DVDs into a personal Netflix

If, like me, your DVD collection is languishing unwatched because you don’t have a DVD player or a disc drive on your laptop, Walmart’s Vudu has a solution.

Gmail update lets you stream video attachments from the web

Google has announced an update to its online Gmail client that adds a small but potentially very useful feature. It's now possible to stream video attachments from the web, removing the need to download large files.

Listen up: Pandora Premium is here to take on Spotify

Pandora, one of the first online music providers, has announced its own on-demand subscription service to rival Spotify and Apple Music. Using technology it acquired from Rdio, the internet radio provider aims to "change the way" you consume music.

Twitch unveils Pulse, a new social network built for gamers

Amazon-owned Twitch has replaced its homepage with a Twitter clone for the gaming community. Adding a centralised hub for the popular livestreaming service, it lets you share updates, screenshots and stream highlights directly to followers.

Illegal piracy-enabling Kodi streaming boxes seized by police

Five traders have been arrested for allegedly modifying Kodi streaming boxes that let you watch subscription TV channels for free. The set-top boxes were sold online for profit before the operation was closed down by copyright theft enforcement agents.

Apple reportedly planning major push into TV shows and movies

Apple is preparing for a major push into original video content, according to a new report from The Wall Street Journal — a move that could set it on a collision course with the likes of Netflix and Amazon.
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Apple TV
Apple TV
Apple
YouTube Gaming is a dedicated portal to gaming content on YouTube and rival to Amazon s Twitch.tv
YouTube Gaming is a dedicated portal to gaming content on YouTube and rival to Amazon's Twitch.tv
YouTube
Kodi is a free open-source media centre program that can be installed on PCs  handheld devices and a...
Kodi is a free open-source media centre program that can be installed on PCs, handheld devices and a variety of set-top boxes.
Kodi
Soundcloud announced they would be cutting 175 jobs  according to a report by Bloomberg.
Soundcloud announced they would be cutting 175 jobs, according to a report by Bloomberg.
Thomas Bonte
Rdio s app is available across several different platforms
Rdio's app is available across several different platforms
Rdio
A screen cap of Listentoamovie.com the Life of Brian page
A screen cap of Listentoamovie.com the Life of Brian page
Listentoamovie.com