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 previous ... Continue_Reading
Music streaming service Saavn has raised an undisclosed amount in funding from Hong-Kong based hedge fund Steadview Capital ... Continue_Reading
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. ... Continue_Reading
Hungama has rebranded its paid subscription service on its music and video streaming mobile app as PRO service and has added new features to the service. This includes a new offline mode and ... Continue_Reading
(by Brindaalakshmi K & Vikas SN) Television channel Star Plus has introduced digital-only auditions for its latest music talent hunt show, India’s Raw Star to be judged by Yo Yo ... Continue_Reading
Rajshri Entertainment has signed up with Believe Digital for distributing and marketing Rajshri’s music catalogue across various International digital platforms like iTunes, Spotify, Pandora, eMusic and others. ... Continue_Reading
Looks like Dhingana missed out by a couple of months: Music streaming service Saavn has acquired the rights to stream over 133,000 tracks from T-Series catalogue on mobile. ... Continue_Reading
Times Internet’s music streaming service Gaana has enabled operator billing for Gaana Plus on shorter duration packs. ... Continue_Reading
Sony Music Entertainment has acquired a 26% stake in Infibeam Digital Entertainment (INDENT) ... Continue_Reading

Digest: Lava, Nintendo and Nokia

Lava D-136A to be pre-loaded with Saavn app Music streaming app Saavn has signed a deal with mobile handset company Lava to pre-load the company’s app in Lava D-136A ... Continue_Reading

Digest: GoJavas, Gaana, Snapdeal & Milma

GoJavas introduces GoTrack to track shipments on Google Maps Supply chain solution provider GoJavas has introduced GoTrack, a tool that can track the location of a shipment on Google Maps.  ... Continue_Reading
Following on the footsteps of YouTube’s TrueView ads, now has skippable and non-skippable video ads to users on its platform. ... Continue_Reading