REWIND: New music industry’s last week in review

Last week was a busy week by any definition, and the music industry was no exception, with Instagram Reels struggling. the release of a trailer for a new series about Spotify on Netflix, and more.

• Vinyl sales rise while streaming revenues plateau
• Help Musicians launches charity to support musicians’ mental health
• Instagram’s attempt to copy TikTok with ‘Reels’ is not going well
• Netflix releases trailer for show all about Spotify: ‘The Playlist’
• Survey shows strong US growth in streaming & listener hours [MusicWatch]
• Feed adds 23M Downtown tracks to Adaptr startup music licensing service