Browsing Tag
Streaming platform
15 posts
CISAC: global music royalty collections surge 28%, digital tops income stream
In 2022, the global music landscape witnessed a historic milestone, with songwriters and composers celebrating a record-breaking year…
Spotify reports first profitable quarter in two years, driven by global growth & pricing strategy
Spotify, the audio streaming service, has reached a significant financial milestone, posting an operating profit of €32 million…
Spotify’s Q2 2023: Surging Users, Subscribers, and €3.2B Revenue
Streaming platform Spotify has released its financial performance report for the second quarter of 2023, highlighting significant accomplishments…
Goldman Sachs Research predicts major structural shift in the music industry
The music industry is bracing for significant changes, according to the latest research from Goldman Sachs. One crucial…
Horus Music announces official partnership with Damroo
London-based global music distribution company, Horus Music, has announced its official partnership with Damroo, an independent streaming platform…
Amazon Music partners with Global Chess League for audio streaming
The Global Chess League has partnered with Amazon Music as its official audio streaming partner for the ongoing…
Recorded music sales reach record high: global retail value to reach $41B in 2023
According to the latest figures released by Omdia, the global retail value of recorded music sales is set…
CISAC urges fairness in streaming compensation for creators
The International Confederation of Societies of Authors and Composers (CISAC) has recently released its annual report for 2023,…
SoundCloud launches fan engagement feature for artists
In a strategic move to enhance artist-fan interactions, SoundCloud has announced the launch of its latest feature, ‘Fans‘.…
ByteDance discontinues the free tier of its music streaming platform Resso
ByteDance, the parent company of TikTok, announced on May 3 that it will be closing the free tier…