Streaming music

Chinese entertainment conglomerate Tencent Holdings (OTC: TCEHY) is attempting to take a stake in Universal Music Group, the record label giant that owns the rights to artists such as The Beatles, Ariana Grande, Queen and Drake.  What Happened Tencent is looking to buy a 10% stake in...

Tencent Music Entertainment Group – ADR (NYSE: TME)’s first earnings report as a public company isn't exactly music to the ears of investors. What Happened While the Chinese company beat earnings per share and revenue estimates for the fourth quarter Tuesday, the company saw its U.S...

Apple Inc. (NASDAQ: AAPL) responded to an antitrust claim from streaming music provider Spotify Technology SA (NYSE: SPOT) in a Thursday statement, saying Spotify wants to reap all the benefits its App Store ecosystem offers without paying for them.  What Happened Spotify filed...

Music streaming service Spotify Technology SA (NYSE: SPOT) looks set to report solid fourth-quarter results, according to the results of a survey by Consumer Research Intelligence Partners. The Swedish company is due to release fourth-quarter results before the market open Wednesday. Q4...

Heading into Spotify Technology SA (NYSE: SPOT)'s fourth-quarter earnings report Feb. 6, the streaming music company is "playing an uncertain tune" and investors are encouraged to "remain off the dance floor," according to Evercore ISI.  The Analyst Evercore ISI's...

Streaming music platform Spotify Technology SA (NYSE: SPOT) has seen its stock fall around 40 percent from highs near $200 per share and is fairly valued, according to Guggenheim. The Analyst Analyst Michael Morris downgraded Spotify from Buy to Neutral with a price target lowered...

Streaming music provider Pandora Media Inc (NYSE: P) reported Monday its third-quarter results and could impact the pending acquisition from Sirius XM Holdings Inc (NASDAQ: SIRI). Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Barrington Research...

Technology is making it easier to create and consume music and that has resulted in major changes from everything from audio interfaces to online streaming. Major tech companies as well as manufacturers all have their eye on music, which means you should have your eye on these stocks. Spotify...

Spotify Technology SA (NYSE: SPOT) are not far removed from their post-IPO lows, and investors should buy the dip, according to Morgan Stanley. The Analyst Morgan Stanley's Benjamin Swinburne maintains an Overweight rating on Spotify with an unchanged $225 price target. The Thesis The...

Streaming music platform Spotify Technology SA (NYSE: SPOT) and Netflix, Inc. (NASDAQ: NFLX) have more parallels than differences, according to MKM Partners.  The Analyst Analyst Rob Sanderson maintained a Buy rating on Spotify with an unchanged $245 price target. The Thesis Spotify...

The trade war and the Supreme Court nomination have captured most of the headlines in Washington in recent weeks, but Congress passed an under-the-radar bill this week that will have a major impact on the music industry. On September 25th, Congress passed the Music Modernization Act. President...

The big news this week in the music world is the Sirius XM Holdings Inc (NASDAQ: SIRI) buyout of Pandora Media Inc (NASDAQ: P). Prior to the merger news, Nomura Instinet analyst Mark Kelley released his monthly digital music tracker, which included all the latest numbers for Pandora, Spotify...

In a move that may be confusing to some investors, shares of Pandora Media Inc (NYSE: P) closed Monday down by more than 1 percent at $8.98 despite a firm acquisition offer from Sirius XM Holdings Inc (NASDAQ: SIRI) at an implied price of $10.14 per share. There may be some logic behind the...

As long speculated, Sirius XM Holdings Inc (NASDAQ: SIRI) will round out its 15-percent stake in Pandora Media Inc (NYSE: P) by acquiring all remaining shares for $3.5 billion in stock. What Happened  By unanimous board approval, Pandora shareholders will receive 1.44 newly issued SiriusXM...

Streaming music provider Pandora Media Inc (NYSE: P) reported Tuesday a top-and-bottom-line beat in its second-quarter results, but perhaps more important confirmation its new strategy "begins to gel," according to Barrington. The Analyst Barrington Research's James Goss upgraded...