Spotify has announced some big changes in their royalty payout model to go into effect early 2024, in an effort to reallocate a total of $1 billion in royalty payments over the next five years […]
Classical music was slow to join the streaming revolution, but the range of recordings available on the likes of Spotify and Apple Music has grown steadily year on year and today a large proportion of […]
Aphex Twin has announced a new EP, his first release of new music in five years. According to a listing on Deezer, the four-song EP is called Blackbox Life Recorder 21f / in a room7 […]
(l to r) TuneCore CEO Andreea Gleeson, Grimes, and CreateSafe CEO Daouda Leonard. Photo Credit: Believe In late April, Believe disclosed that it was exploring multiple artificial intelligence partnerships. Now, the company’s TuneCore subsidiary has […]
Photo Credit: Viralyft SoundCloud has announced support for “DMs from anywhere” — including iOS devices, with which artists can now direct-message fans and fellow creators. The music-sharing platform’s chief product officer, Rohit Agarwal, confirmed the […]
Photo Credit: Ivan Radic About one week after it began testing a Shorts-like music video offering called Samples, YouTube Music has reportedly started integrating play counts. This latest feature from the streaming service, which has […]
Days after striking a new licensing deal with Merlin, SoundCloud has officially unveiled a “one-to-one” messaging tool designed to help artists “form a deeper relationship with” supporters. The Berlin-headquartered music-sharing service’s aptly named “Fans tool” […]
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 […]