Netflix Becomes the “World’s Most Valuable Media Company”

Last month, Netflix made headlines for nearing an unprecedented $150 billion USD market cap. Now, the streaming giant is receiving even more attention for its new title as “the world’s most valuable media company.” With a market cap close to $162 billion USD, Netflix shares have hit an “all-time high” of $351.09 USD per share, amounting to an […]

Google Launches YouTube Music and YouTube Premium

After news of a possible music-streaming service being offered YouTube began circulating back in December, the long-rumored subscription music platform has officially arrived. Google has just announced the arrival of YouTube Music – their new subscription-based music-streaming platform that will debut on May 22. To join, a premium package will be offered to consumers at monthly rate of $9.99, while an […]

TIDAL Supposedly Owes Months of Royalty Payments

Just days after reports emerged about TIDAL potentially falsifying its streaming numbers, more bad news has emerged. The streaming service purportedly owes months of royalty payments to record labels, with bills stretching back six months. Sveinung Rindal, CEO of a Sony subsidiary label, stated that “It is correct that there are delays in payments from TIDAL,” and Propellor Recordings CEO […]