Tag: audio

Spotify edges closer to long-awaited lossless audio launch (report)
Findings by Spicetify, a third-party customization tool for Spotify, uncovered mentions of “lossless” audio functionality within Spotify’s latest software update. Source...

Sony Corp opens up 360 virtual mixing audio tech to music creators and more
The technology uses specialized headphones to recreate the acoustic environment of professional studios, allowing anyone to produce studio-quality mixes anywhere. Source...

Tencent Music to acquire Ximalaya, one of China’s largest audio platforms, in $2.4bn deal
Deal to acquire audio platform confirmed in SEC filing on Tuesday, June 10. Source...

Samsung’s Harman expands audio empire with $350M Masimo deal
The deal will see Harman acquiring several audio brands including Bowers & Wilkins, Denon and Marantz Source...

Splice acquires Spitfire Audio for a reported $50m as it bets on AI music creation
Splice was valued at nearly USD $500m in 2021 after securing $55m in funding Source...

Epidemic Sound’s revenues jumped 29% to $181.6m in 2024, as EBITDA soared 150% YoY to $13.9m
The company expanded its audio library with the acquisition of sound effects company Soundly Source...

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