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Hungama raises $40M from Bessemer Venture Partners & others
Hungama Digital Media Entertainment has raised $40 million in an investment led by Bessemer Venture Partners and participation from the existing investor Intel Capital, reports TechCircle. The company...
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Saavn raises funding from Steadview Capital; Aircel partnership; Adds 8 lakh...
Music streaming service Saavn has raised an undisclosed amount in funding from Hong-Kong based hedge fund Steadview Capital, reports The Next Web. Saavn CEO Rishi Malhotra confirmed the development to...
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Saregama reports Rs 3.36 Cr net profit, Rs 42.31 crore operating income
Saregama India, one of India’s largest music labels, has reported a net profit of Rs 3.36 crore for the quarter ended June 30th, 2014 (Q1-FY15), an 83.6% increase in profit over the same quarter the...
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Gaana.com launches genre and artist specific mobile apps
Times Internet owned music streaming service Gaana.com has launched mobile apps which allow users to access categorised music according to language, artists and genres. (Hat Tip: NT Balanarayan)...
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Airtel’s music service Wynk: Fair usage limits; Violating Google Play Store &...
Yesterday, telecom operator Bharti Airtel, which once laid claim to being the largest music company in India, pulled the covers off Wynk, a rather impressive, Internet based music streaming service,...
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No more minimum guarantees for radio, CCI tells T-Series
In a precedence setting order, the Competition Commission of India has ordered music label T-Series to stop imposing minimum guarantees in its agreements with private FM Radio Stations in India,...
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Believe Digital signs up with Aditya Music for global distribution of its...
Digital distribution company Believe Digital has signed up with India regional record label, Aditya Music India for distribution of its music catalogue across international digital platforms,...
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Radio One ties-up with indie artists social network Songdew to offer...
Next Mediaworks owned online radio network Radio One has partnered with the social network for artists and their listeners Songdew, to allow its artists to broadcast music over Radio One. The...
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Australian music streaming service Guvera launches in India
Australian music streaming service Guvera has launched in India, with a library of over 12 million tracks including Bollywood music. Guvera is free and supported by advertisements, though users can...
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Shemaroo extends digital distribution partnership with The Orchard to MENA...
Bollywood content aggregation company Shemaroo Entertainment has partnered the music distribution platform The Orchard, to distribute and market its music catalogue on iTunes in the Middle East &...
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LINE app enables group conversation call for up to 200 people, for free
Messaging app LINE has launched a group calling app called Popcorn Buzz, that lets up to 200 people converse simultaneously, reports TechFirstpost. The app is currently available on Android for free,...
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#Outlook16: What Indian Online Music Companies Plan To Do In 2016
In our #Outlook16 series, we spoke to online music companies — Gaana, OK Listen, Believe Digital and Wynk — to find out how they viewed 2015 and what are their plans for 2016. Gaana is a music...
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Hungama offers 1 million Xiaomi phone users free membership to its streaming...
Hungama is ramping user acquisition it seems: the company is offering free memberships to its premium services to users of select Xiaomi handsets: it is giving one million free memberships to users of...
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Amazon launches Music Unlimited streaming in the US
Amazon has launched Amazon Music Unlimited, a music streaming service, with Alexa voice controls for iOS, Android, Web, PC, Mac and Fire devices in the US the company said in a press release. The...
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Saavn partners Singtel Music to launch in Singapore
Music streaming service, Saavn has partnered with Singtel Music to provide Singtel postpaid mobile customers with ad-free unlimited music at no data charges on Saavn Pro. This launch is Saavn’s first...
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