Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...
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.
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 ...
The percentage of women in senior executive positions across the music industry has not sufficiently improved, according to a ...
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 ...
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 ...
Amazon Music says that "many" independent artists and labels will see their royalties increase under its new payouts scheme.
Robert Kyncl gave one of his most energized interviews yet…even if the timing was a little odd. Kyncl took the stage at the ...
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 ...
Universal Music Group published its latest financial results yesterday, revealing that its revenues were up 7.2% year-on-year ...
Universal Music Group NV, the record label for artists such as Taylor Swift and Billie Eilish, reported sales that topped ...
Universal Music CEO Touts Streaming 2.0 Deals With Spotify, Amazon: “Where They Go, We Go With Them”
Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from as the music giant releases fourth quarter results.
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