On-demand streams in the US market are also up 58.3% from a year ago.
This week the company released its 2015 financial findings, and the average employee is making $168,747.
An anonymous source has claimed that a "significant and serious" round of limitations is on the horizon.
The independent music institution opened back in 1995, and will shut down its operation on June 25.
With Beyonce's 'Lemonade' on Tidal and Drake's 'Views From the 6' on Apple Music, how are you going to DJ your party this weekend?
The 2016 IFPI Report also found that digital music revenues surpassed those for physical sales for the first time ever in 2015.
We take a closer look at what this means for independent artists making most of their money from streaming and touring.
The word "metadata" requires the presence of another entity to which the data at hand refers. Increasingly, it now points toward the listener instead of toward whatever they're listening to.
Streaming fragmentation is driving people back to piracy.
Spotify still has three times more subscribers, though.