REWIND: New Music Industry’s Last Week In Review
Before moving on, we’re taking a moment to revisit some important stories from the past week in music industry news, including a look at how little most music creators typically make from streaming in a year, Spotify’s expansion of its songwriters hub to feature more creators, Reddit’s purchase of TikTok rival DubSmash, and more.
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Reddit buying Dub smash is another sign that the United States is countering China at every platform whether it’s political, economic, or in the music industry. However, it will be tough to get in a fight with the boom of Tik Tok’s popularity.