Photo Credit: NetEase NetEase Cloud Music generated CNY 2.36 billion (currently $328.89 million) during Q3 2022, according to a newly released earnings report, representing a more than 22 percent year-over-year (YoY) increase. The China-based music […]
Photo Credit: Gizmodo Days after Apple Music raised the cost of its individual plan in markets including the U.S., Spotify CEO Daniel Ek has confirmed that his platform will likely roll out a price increase […]
Inflation has been at a 40-year high for most of 2022, and so far seemingly nothing has been safe from price hikes, save for Costco hotdogs and your Spotify subscription. Unfortunately, in the case of […]
Photo Credit: CBS XL Recordings Limited achieved a material revenue increase during 2021 after securing the stateside rights to Adele’s first three studio albums, according to a newly released earnings report. XL Recordings just recently […]
A teacher revealed that she will only receive a $3,000 salary increase after getting her master’s degree, sparking debate about pay on TikTok. The middle school teacher, who posts under the handle ms.zak, shocked thousands […]
Washington, D.C.’s James Madison Memorial Building, which houses the U.S. Copyright Office. American songwriters and publishers scored a hard-fought mechanical royalty rate increase from streaming music platforms in a late-breaking decision on Friday (July 1st). […]
Sony Music Entertainment (SME) turned in a roughly 10.16 percent year-over-year revenue increase during Q1 2022 due in large part to an 18.90 percent YoY jump for recorded music’s streaming income, which achieved a 37.16 […]
Major label and publishing conglomerates Universal Music Group, Sony Music Entertainment, and Warner Music Group, as well as other publishers represented by the NMPA, have tentatively agreed to increase mechanical royalty rates on physical products […]
Berlin, Germany, where FUGA has opened a new office. Photo Credit: KP Ivanov FUGA has officially opened a new office in the Kreuzberg district of Berlin after achieving a 30 percent increase in clients throughout […]
Shared from www.latimes.com. AMC Theatres has started to charge higher prices for Hollywood’s most popular films — including this weekend’s release of Warner Bros.’ “The Batman” — as the world’s largest cinema chain looks to […]
Shared from Business of Fashion The e-tailer reported sales turnover of 844 billion roubles ($11 billion) for the year. In 2021′s fourth quarter, sales on the platform amounted to 304.8 billion roubles ($4 billion), a […]