27 Jun 2023Mdundo anticipates 35% MAU growthAfrican music service Mdundo has revealed its annual guidance for the 2023-24 fiscal year covering...By Peter Choge
26 Apr 2023Spotify’s paying users surge by 5 million in Q1 of 2023Spotify added 5 million more premium subscribers in the first quarter (Q1) of 2023, bringing its...By Peter Choge
18 Apr 2023Mdundo reaches 24.5 million active users in Q3African music service Mdundo registered a 44% growth in monthly active users (MAUs) in the third...By Peter Choge
16 Mar 2023Believe posts Africa revenue surge in 2022Africa and Asia Pacific experienced a particularly strong increase in revenue growth, with an...By Gabriel Myers Hansen
25 Jan 2023SAMRO distributes more royalties, reports strong 2022The Southern African Music Rights Organisation (SAMRO) says it has disbursed more royalties to...By Ano Shumba
13 Oct 2022Mdundo upbeat about future in Q3 reportAfrica-focused music service Mdundo is projecting a healthy business outlook in the coming...By Peter Choge
15 Jun 2022Goldman Sachs boosts music industry revenue forecastInvestment bank Goldman Sachs has upped its predictions for the global music industry’s revenues –...By Butchie Seroto
06 May 2022Strong revenue growth for Universal, Believe and more in Q1It’s the first quarterly reporting season for a number of labels and DSPs, which have been posting...By Butchie Seroto
16 Feb 2022SoundCloud revenues soar by 31% in 2020SoundCloud’s revenues rose to €193.5m ($220m) in 2020, representing a 31% increase from the...By Butchie Seroto
10 Feb 2022Mdundo nearly doubled users and revenue in 2021Africa-facing music streaming service Mdundo reached 13.3 million monthly active users (MAUs) at...By Butchie Seroto
07 Feb 2022Spotify paying subscribers surpassed 180 million in Q4Spotify’s Premium subscriber base surpassed 180 million in quarter (Q4) ending on 31 December,...By Butchie Seroto
23 Aug 2021Spotify wants to buy back up to $1bn in sharesSpotify last week announced that it would buy back up to $1bn worth of stock from shareholders...By Butchie Seroto