Amid growth slowdowns in North America and Asia, besides double-digit expansions in other regions, global recorded music industry revenue increased by 4.8% in 2024. Photo Credit: IFPI The global recorded music industry generated $29.6 billion […]
London, England. Photo Credit: Grant Sams The UK music industry generated nearly $2 billion during 2024 despite streaming- and vinyl-growth slowdowns, per a new report. The British Phonographic Industry (BPI) disclosed these and other recorded-revenue […]
A breakdown of ASCAP revenue by year. Photo Credit: ASCAP The American Society of Composers, Authors and Publishers (ASCAP) has reported a 5.7% year-over-year revenue boost for 2024, which is said to have delivered all-time-high […]
For 2024’s opening half, the RIAA reported that U.S. on-demand streaming subscriptions had grown by a modest 2.7% year over year (YoY) as subscription revenue increased by 5.1%. Amid discussions about the slowdown, what does […]
The United States Postal Service (USPS) is in such dire financial straits that it is considering plans for slower mail delivery to rural and long-distance areas after the election. According to The Washington Post, if […]
Daniel Ek, CEO of Swedish music streaming service Spotify, in 2016. On Monday, Ek announced Spotify would layoff 17% of employees. Toru Yamanaka/AFP via Getty Images hide caption toggle caption Toru Yamanaka/AFP via Getty Images […]
Photo Credit: Felipe Pelaquim Is a slow down ahead? Spotify is re-introducing its three-month free trial for new subscribers. Only new subscribers are eligible for the offer, which gives three months free of the $9.99/month […]