Tag: saregama

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Saregama trails plans to invest $100m in its music business

Indian films and music company Saregama is planning a major investment of "up to Rs 750 crore" (that's around $100m) in the latter part of its business.
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Indian short-video app Chingari signs deal with label Saregama

India has been a fascinating market for short-video apps since TikTok was banned there in the summer of 2020. That sparked a surge of launches of local rivals, with Moj, Josh and Chingari among those to have grown rapidly. In...
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Spotlight on India: Saregama’s revenues up 37%, with a focus on regional and “non-film” music

Each day this week, journalist Amit Gurbaxani focuses on some interesting stories in the Indian music business, with plenty of links for you to explore. India’s oldest record label Saregama is among the country’s few...
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Indian music company Saregama reports latest financials

Saregama is one of the Indian media firms focusing on both music and films – and, indeed, music for/from films. Its latest financial results reveal that the business is holding up despite the Covid-19 pandemic’s...
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Spotify adds ‘Group Session’ feature, signs Saregama deal

Spotify is getting a bit more social, although its new ‘Group Sessions’ feature requires people to be in the same place. That means for now it’ll mainly be handy for families quarantining at home, but...
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Indian music industry debates potential for paid music subs

“I think we’re on course,” said Blaise Fernandes, the president and CEO of India’s official recorded music industry body the Indian Music Industry, when asked on a status update on the country’s plan to break into...
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Saregama sold 219k of its Carvaan music players last quarter

Indian music and film company Saregama published its latest quarterly results yesterday, revealing a 6% year-on-year increase in its consolidated music revenues, which account for 90% of the company’s overall turnover....
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India’s latest music app is from… its Ministry of Culture

There’s a big market in India for recordings of ‘devotional music’ – songs that accompany religious services and rituals. An app called Sangam Music provides a big catalogue of devotional songs and instrumentals,...
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Spotify loses Saregama catalogue in India after licensing snag

Just as Gaana announced its 100-million-users milestone in India, so its latest rival was revealing a new dispute with a key label partner in that country. Spotify has promised to remove the catalogue of one of the key Indian...
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Saregama music revenues grew by 68% year-on-year

Indian music and films company Saregama has published its latest quarterly financial results, including strong growth for its music division. In fact, music generated 92% of Saregama’s revenues in the final quarter of 2018...
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Indian firm Saregama sees growing music and video streams

Indian music and film company Saregama has been talking about the strong growth it’s seeing from audio music-streaming services, as well as from YouTube. By the end of 2017, the company’s music catalogue was generating...