Half of Spotify’s Royalties Are Going to Indie Artists
Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.
Complete Music Update10h
Everyone’s making loads of money but don’t point the finger at us if you’re not, says Spotify’s updated Loud & Clear
Spotify has updated its Loud & Clear website with lots of stats for 2024, including that it paid the music industry more than $10 billion last year. Spotify also uses Loud & Clear to counter negative ...
Women Are Still Vastly Underrepresented as Music Executives, USC Annenberg Study Finds
The percentage of women in senior executive positions across the music industry has not improved and continue to be dominated ...
Spotify's new revenue data shows streaming success despite Nashville artists' concerns
Music Economics Report has been released amid a flurry of concerns raised by Nashville-based creatives about streaming's impact.
White Men Continue to Dominate Music Executive Leadership Ranks: USC Annenberg Study
The latest report from the USC Annenberg Inclusion Initiative found that women and people of color still struggle to climb the executive ladder. By Taylor Mims Writer The landscape for top music ...
Spotify pays $10bn in royalties
The streaming giant paid out around 60% of its revenue as royalties, as it recorded a $110bn market value. Read more.
Is the $10bn Spotify gave artists last year enough to silence its critics?
Spotify paid out more money into the music industry last year than any other retailer in history.View on euronews ...
Music Business Worldwide1d
Universal spent $1bn+ on investments in 2024… and 5 other things we learned on UMG’s latest earnings call
Universal Music Group published its Q4 and FY 2024 results on Thursday (March 6), posting overall revenues in FY 2024 (across recorded music, publishing, and more) of EUR €11.83 ...
With the Top Artists, Global Scale, and Healthy Balance Sheet, Universal Music Is an Industry Titan
The evolution of the streaming business to an artist-centric model that pays the most popular music at a higher rate per stream will benefit the record labels, like Universal, which represents the ...
Music Ally2d
Amazon Music defends its new payouts model after indie criticism
Amazon Music says that "many" independent artists and labels will see their royalties increase under its new payouts scheme.
Music Business Worldwide5d
Robert Kyncl talks Spotify deal, Warner Music’s distribution strategy at Morgan Stanley event
Robert Kyncl gave one of his most energized interviews yet…even if the timing was a little odd. Kyncl took the stage at the ...
Complete Music Update5d
Indie label groups slam Universal as Amazon deal and yet another acquisition raise more red flags
Indie label trade groups have again aired their concerns about Universal Music’s market dominance in the wake of yet another acquisition by the major. They add that Universal uses that dominance to fo ...