[SAN FRANCISCO] YouTube is launching a revamped, standalone streaming music service as part of an effort to step up competition against fast-growing rivals like Spotify and Apple Music.

TOP music streaming platform Spotify said Wednesday that it narrowed its losses in the first quarter, but it disappointed investors by keeping its full-year guidance steady.

[NEW YORK] The global music industry soared a record 8.1 per cent last year as digital sales for the first time made up the majority of revenue thanks to the streaming boom, the industry said Tuesday.

[NEW YORK] Leading music streaming service Spotify on Wednesday announced a long-awaited initial public offering, seeking up to US$1 billion as it lists its shares on the New York Stock Exchange.

[NEW YORK] Music sales grew at a robust pace for a third straight year in the United States in 2017 as listeners kept flocking to streaming outlets, an industry monitor said Wednesday.

[LOS ANGELES] Spotify filed confidentially to go public on the New York Stock Exchange, forging ahead with a plan to skip a traditional share sale and list its stock directly, according to a person...

[NEW YORK] A music publisher is seeking at least US$1.6 billion from Spotify for alleged copyright violations, the latest lawsuit to hit the fast-growing streaming company.

[NEW YORK] YouTube said on Tuesday that it had sealed a licensing agreement with the world's largest music label conglomerate Universal as the video behemoth explores creating a new streaming...

PRIVATE trades in Spotify shares are valuing the music streaming company at about US$16 billion, according to people familiar with the deals, raising the prospect of a bumper flotation next year.