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Spotify’s New Royalty Model to Pay Songwriters $150 Million Less During First Year: Report
Consequence of Sound via Yahoo News· 6 days agoThe addition of audiobooks to premium plans allows for a "bundle" rate slicing into songwriter...
Budget leaders reach deal with Youngkin on Virginia spending plan
Fox News· 5 days agoVirginia budget negotiators and Gov. Glenn Youngkin have reached a compromise on the next two-year...
Business | May 11th 2024 Edition
The Economist· 6 days agoDisney reported that its Disney+ and Hulu streaming services had made a combined operating profit of $47m in the three months ending March 30th, a huge...
Sun Label Group Announces Launch With Party In Nashville
Forbes· 2 days agoPaul Sizelove has been involved in selling music and records for decades. This month he is...
Virginia budget leaders reach compromise with Gov. Youngkin on state spending plan
13 News, WVEC Hampton Roads· 5 days agoDetails of the new spending plan won't be available to lawmakers or to the public until Saturday.
Spotify’s Estimated $150M Songwriter Royalty Cuts: Music Industry Reactions (Updating)
Billboard via Yahoo Finance· 2 days ago“Reporting record profits while reducing songwriter royalties as the company founder cashed in...
The Trade Desk (TTD) Q1 2024 Earnings Call Transcript
Motley Fool via Yahoo Finance· 7 days agoWith the proliferation of CTV and Retail Media, that trend accelerated last year, and I believe the...
Podcast ad revenue growth slows, but networks and ad platforms pitch new content and ad buying tools...
Digiday· 5 days agoExecs at iHeart and SiriusXM, for example, said podcasting was unique in that it was a channel people were moving to when they shifted their attention away from social platforms. The IAB’s annual ...
Tencent Music has more than 113.5m people paying for music
Music Ally· 1 day agoThe story of the modern Chinese music industry begins with a market dominated by free, unlicensed downloads and barely a trace of paid music. The 113.5m figure comes from TME’s latest financial results, published yesterday.
Why TikTok Blinked in Its UMG Standoff, and What Happens Next
Variety· 5 days agoAfter a three-month breakup between Universal Music Group and TikTok, the two companies finally reached a compromise last week. While the deal’s specifics aren’t fully public, it’s safe to say ...
