Photo Credit: Markus Spiske Spotify has reportedly pulled a number of songs created through Boomy and ceased allowing new releases from the AI music platform – albeit because of alleged fake streams as opposed to […]
Believe founder and CEO Denis Ladegaillerie. Photo Credit: Believe Believe (BLV on the Euronext Paris) achieved a 22.2 percent year-over-year (YoY) revenue improvement during 2023’s opening quarter, generating nearly €200 million, according to a new […]
Photo Credit: SiriusXM SiriusXM (NASDAQ: SIRI) suffered advertising and subscriber revenue declines during Q1 2023 but achieved $233 million in net income for the quarter, according to a new earnings report. The satellite-radio company and […]
Photo Credit: Thibault Penin Spotify CEO Daniel Ek has seemingly doubled down on existing plans for a Spotify price increase in the U.S. and potentially elsewhere – albeit while noting that label negotiations and other […]
São Paulo, Brazil, as seen from the Altino Arantes Building. Photo Credit: Deni Williams Brazilian indie distributor and music recommendation platform Magroove has announced a $1.6 million raise and set its sights on spearheading an […]
Photo Credit: Deezer Deezer has revealed its financial outlook for Q1 2023, with a 2.1% drop in paid subscribers compared to last year. Deezer says its growth in its B2C segment helped offset the subscriber […]
Photo Credit: YouTube The Weeknd says Coachella’s on-stage pyrotechnics ‘almost cooked me’ in response to a fan video capturing the close call. The Weeknd almost couldn’t feel his face if he’d gotten any closer to […]
Photo Credit: Sebastian Herrmann Following 2022’s “crypto winter” and the collapse of FTX, Web3 funding reportedly cratered by 82 percent year over year during the opening quarter of 2023, and the downturn could potentially be […]
All that remained of an AI-Generated Drake/The Weeknd ‘collaboration’ on Monday evening (April 17th). A viral AI-generated ‘collaboration’ between Drake and The Weeknd was ripped down by Universal Music Group on Monday evening (April 17th)— […]
Photo Credit: Turntable LIVE Ahead of its public launch, social music platform Turntable LIVE has officially acquired JQBX, a self-described “Spotify plugin that allows for real-time music sharing.” Turntable LIVE founder and CEO Joseph Perla […]
Photo Credit: Tidal As it continues to collaborate with Universal Music Group (UMG) on an updated streaming-compensation model, Tidal has officially launched “Live,” which execs are billing as “a new way for fans to spontaneously […]
With Hindenburg Research having criticized Tidal owner Block (formerly Square) – including the company’s alleged “inflated user metrics” and “fraud facilitation” – in a comprehensive analysis, the Tidal owner is now firing back against the “inaccurate […]
Photo Credit: Deezer About two weeks ago, during his company’s Q4 2022 earnings call, Universal Music Group (UMG) head Lucian Grainge disclosed a streaming-reform partnership with Deezer. Now, the major label and the Access Industries-owned […]
Photo Credit: Bastian Riccardi As it attempts to generate $100 billion annually by 2032, Spotify is rapidly expanding Discovery Mode to indie artists – a move that’s spurring new criticism of the long-controversial offering. Multiple […]
Photo Credit: Naxos Naxos Records has recently been awarded Label of the Year by the 2023 International Classical Music Awards (ICMA). The following comes from Naxos China, a company DMN is proud to be partnering […]
Brussels’ Berlaymont building, which serves as the headquarters of the European Commission. Photo Credit: EmDee In April of 2021, the EU’s European Commission formally accused Apple of distorting “competition in the music streaming market.” Now, […]
Photo Credit: Thibault Penin Yesterday, the EU’s European Commission revealed that it had narrowed its Apple antitrust inquiry to focus specifically on App Store rules’ impact on consumers and music streaming services. Now, Spotify has […]
Towards January’s end, after its CEO kicked off 2023 by touting the perceived potential of “artist-centric” music platforms, Universal Music Group (UMG) partnered with Tidal “to explore an innovative new economic model” for streaming. Now, […]
Photo Credit: Deezer French digital service provider (DSP) Deezer has revealed its end-of-year 2022 financial results. Revenue was up 10.6% compared to 2021. Deezer generated €451.2 million ($474M) in overall revenue last year. But 60% […]
Photo Credit: Ivan Radic Hey music fans, YouTube Music is bringing more of what you want—that’s right, podcasts. Why listen to your favorite music playlist when YouTube Music can cram podcasts down your throat faster […]