IMS Ibiza released the highly anticipated annual IMS Business Report 2018, an in-depth economic study of electronic Music Industry by author Kevin Watson.
Swedish streaming platform Spotify acquires Soundtrap online music and audio recording studio, no financial details of the deal has been revealed.
The majors push hard the streaming platforms – from which they derive a large part of their incomes – to develop premium offers and paid subscriptions.
The world leader in listening to streaming music is particularly interested by the advertising targeting algorithms developed by MightyTV.
The London-based company would be more effective than those of Shazam in terms of musical identification.