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Streaming Music
A music streaming service is a type of streaming media service that focuses primarily on music, and sometimes other forms of digital audio content such as podcasts. These services are usually subscription-based services allowing users to stream digital copyright restricted songs on-demand from a centralized library provided by the service. Some services may offer free tiers with limitations, such as advertising and limits on use. They typically incorporate a recommendation engine to help users discover other songs they may enjoy based on their listening history and other factors, as well as the ability to create and share public playlists with other users. Streaming services saw a significant pace of growth in the mid-2010s, overtaking music stores as the largest revenue stream of digital music. Streaming services, along with streams of music-related content on video sharing platforms, were incorporated into the methodologies of major record charts. The "album-equivalent unit" w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Streaming Media
Streaming media is multimedia that is delivered and consumed in a continuous manner from a source, with little or no intermediate storage in network elements. ''Streaming'' refers to the delivery method of content, rather than the content itself. Distinguishing delivery method from the media applies specifically to telecommunications networks, as most of the traditional media delivery systems are either inherently ''streaming'' (e.g. radio, television) or inherently ''non-streaming'' (e.g. books, videotape, audio CDs). There are challenges with streaming content on the Internet. For example, users whose Internet connection lacks sufficient bandwidth may experience stops, lags, or poor buffering of the content, and users lacking compatible hardware or software systems may be unable to stream certain content. With the use of buffering of the content for just a few seconds in advance of playback, the quality can be much improved. Livestreaming is the real-time delivery of co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Universal Music Group
Universal Music Group N.V. (often abbreviated as UMG and referred to as just Universal Music) is a Dutch– American multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands and its operational headquarters are located in Santa Monica, California. The biggest music company in the world, it is one of the " Big Three" record labels, along with Sony Music and Warner Music Group. Tencent acquired ten percent of Universal Music Group in March 2020 for €3 billion and acquired an additional ten percent stake in January 2021. Pershing Square Holdings later acquired ten percent of UMG prior to its IPO on the Euronext Amsterdam stock exchange. The company went public on September 21, 2021, at a valuation of €46 billion. In 2019, ''Fast Company'' named Universal Music Group the most innovative music company and listed UMG among the Top 50 most innovative companies in the world and "amid the music industry's digital tran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daniel Ek
Daniel Ek (born 21 February 1983) is a Swedish billionaire entrepreneur and technologist. He is the co-founder and CEO of music streaming service Spotify. Early life and education Ek grew up in the Rågsved district of Stockholm, Sweden. He graduated from high school in in Sundbyberg in 2002, and subsequently studied engineering at the KTH Royal Institute of Technology, before dropping out to focus on his IT career. Business career Early ventures Ek started making websites for clients from his home at age 13. He charged the first client $100 and the second $200. Eventually, he started charging $5,000 per website. To help expand the business, Ek recruited students from his class to work on the websites from the school computer lab by bribing them with video games. His earnings eventually reached $50,000 per month. By age 18, he was managing a team of 25. Ek's parents started to notice his earnings once he started bringing home large TVs.. Ek later served in a senior role at Nor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
