Spotify [NYSE: SPOT] At All-Time High, But May Have Hit Peak

Spotify stock hit an all-time high on the New York Stock Exchange on Friday, January 8th. The streamer’s stock reached $354.60 on Friday, and closed at $353.48, up 7% for. Continue reading

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Audible Magic Acquires SOCAN’s MediaNet

Canadian PRO SOCAN has sold its global content fulfillment and rights administration service MediaNet to Audible Magic. SOCAN acquired Seattle-based MediaNet in 2016. Audible Magic provides identification and compliance to. Continue reading

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Streaming & The Embarrassment Of COVID Riches

Here, Chris Castle digs into how the impact of COVID has benefited streaming giants like Spotify, and caused them to double down on their corporate strategies. Op-Ed by Chris Castle. Continue reading

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UK PRO Demands Payment From Venue Not Playing Music Due To COVID Closure

Music collection organization PRS For Music has targeted a pub in Sheffield,UK demanding payment for a license to play music, despite the fact the pub has been shuttered for the. Continue reading

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MORE NEWS: ‘Eight-Figure’ WMG Investment In Roblox • US Streams Up 17%, Hip Hop & R&B Leads • More

FRIDAY 1.8.2020 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above

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Recordings Of Noise Can Be More Profitable Than Music On Spotify

Just in case artists weren’t disheartened enough by how difficult it is to make money on Spotify, new data shows that generic, white noise ‘artists’ are pulling in hundreds of. Continue reading

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Apple Music Claims “Record Year” But Offers No User Stats

Apple offered a companywide overview of 2020 yesterday including a declaration of Apple Music’s “record year,” but offered no subscriber count or other stats to back up the claim. The. Continue reading

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9 Music Business Predictions For 2021

To say the past year has been a wild ride for the music industry would be to understate things, and while 2021 will likely be similarly unpredictable, we have a. Continue reading

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Snarky Free Bot Analyzes Your Taste In Music

“Judge My Spotify” is an AI bot from The Pudding that offers a critical view of your musical taste and isn’t afraid to call you out for it. The free. Continue reading

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Spotify Purged Tens of Thousands Of Tracks For ‘Fraudulent Streams’

Spotify has purged tens of thousands of tracks for allegedly using services that fraudulently inflate streams. Music industry attorney Wallace Collins wrote in a blog post that the number of. Continue reading

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