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2 天之前 · Spotify is due to publish its Q4 2024 financial results next week, so it will be a few days before we can calculate the exact percentage of the company’s annual revenues it paid out to the music industry last year.. In 2023, Spotify’s $9 billion payout figure meant that it paid out approximately 62.8% of its EUR €13.247 billion (USD $14.336bn) in annual revenues that year.

4 天之前 · Sir Lucian Grainge, Chairman & CEO, Universal Music Group said, “When we first presented our vision for the next stage in the evolution of music subscription several months ago—Steaming 2.0—this is precisely the kind of partnership development we envisioned.This agreement furthers and broadens the collaboration with Spotify for both our labels and music …

News Brigitte Alanis promoted to Partner at music law firm King, Holmes, Paterno & Soriano, LLP Alanis' clients include Victoria Monét, Roddy Ricch, Malibu Babie, Alex Warren, Lil Skies, and Willie Jones, among others

2024年11月22日 · Following a stellar Q3 earnings report, Spotify‘s stock price soared to a record high, giving the company a market cap of $92 billion.Co-founders Daniel Ek and Martin Lorentzon took the opportunity to cash out big-time, selling a combined $420 million in shares in November alone.. That windfall got MBW founder Tim Ingham pondering whether it’s time for Universal …

6 天之前 · We also learned that AI music generator Suno, after being sued by the majors last year, is now facing another lawsuit, this one from German collection society GEMA, accusing it of training its AI models on copyrighted works without permission.. Meanwhile, HYBE‘s superfan platform Weverse released a new report, showing it had passed the 150 million downloads …

2025年1月15日 · The sale didn’t happen. As interest rates began to rise steeply in markets including the UK and US, blockbuster acquisitive activity in music famously cooled.. Last year, though, with interest rates declining and/or looking more stable in leading territories, chatter began to pick back up about Tempo.. In October, MBW predicted that music’s M&A market would …

2024年12月6日 · Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.

2024年9月27日 · The news this week was dominated by the shutdown of two separate music platforms. The first was TikTok‘s subscription music streaming app, TikTok Music, which the social media service revealed will be shutting down at the end of November.. The second was Warner Music Group‘s foray into DIY distribution. MBW confirmed this week that WMG will be …

2025年1月15日 · The same industry supply-and-demand problem was further highlighted within Chartmetric’s Year in Music report for 2024, issued this week.. Of the 11 million Spotify artists tracked on Chartmetric in 2024, just 5.31% of them (584,600) had more than 1,000 monthly listeners. You read that correctly: around 95% of artists on Spotify have fewer than 1,000 …