Spotify

One of the major complaints about Spotify is that their payout system makes it incredibly difficult for musicians to actually earn any profit. But a growing mountain of evidence points to the fact that one or more scam artists in Bulgaria have figured out how to use Spotify's system against them to make, what can reasonably be called, a shitload of money.

The Christmas number one single for 2017 has been revealed.

Ed Sheeran has reigned supreme in the annual battle with his Beyonce duet "Perfect" which has been in the top spot for the entirety of December.

Apple plans to close the iTunes music store, RIA Novosti reports with reference to the portal Weraveyou./news.am

Apple has acquired Shazam, the company announced today. The deal was first reported by TechCrunch last week and is worth $400 million, according to Recode. Shazam lets users identify songs, movies, TV shows, and commercials from short audio clips.

Apple is in talks to buy the popular song recognition app Shazam as the tech giant tries to compete with streaming leader Spotify, TechCrunch has reported.

Apple is finalizing a deal to acquire Shazam, the app that lets you identify songs, movies, and TV shows from an audio clip, according to TechCrunch. The deal is reportedly for $400 million, according to Recode, which also confirmed the news.

When Sony introduced the Walkman in 1979, it changed the way people listen to music forever. Thanks to the iconic portable cassette player and many copycat devices, people were now able to listen to music on the move, and day-to-day activities such as commuting to work suddenly became a lot less boring.

Spotify's music streaming company is close to negotiating a new license agreement with Warner Music Inc - the latest big bargain with copyright music they need before attempting to appear on stock markets in the US, sources familiar with situation, informed Reuters.

The SoundCloud music streaming service, which fails to establish prosperous business model, currently has enough money to survive the fourth quarter after cutting 40 percent of its employees, a company spokesman said.

Tinder is a social search engine app that connects mutually interested parties. It is mainly used as a dating app, but has branched out to provide more services. The matching process is based on Facebook and Spotify. Users of the app upload their photos so that interested parties can see what they look like.