Independent labels ask Spotify to pause ‘blunt instrument’ royalty plan
A coalition of independent record labels has called on Spotify to answer questions about its revamped royalty structure and pause plans for early 2024 implementation. EU-based trade group Impala, which. Continue reading
Michael & Jay on how Spotify can improve Wrapped and help musicians
Like many fans, Michael Brandvold and Jay Gilbert enjoy getting their annual Spotify Wrapped. But they also see how it could be better, particularly in ways that would be useful. Continue reading
Spotify’s Campaign Kit brings together its Artist marketing tools
Spotify offers a range of music marketing tools, including playlist pitching, Discovery Mode, Marquee, and Showcase. Each is designed to help reach the right listeners, drive engagement when they’re listening,. Continue reading
Sona adds musician-friendly streaming, marketplace with $6.8M funding
Sona has launched a new web3-based, no-subscription, ad-free streaming music platform and a marketplace where artists can auction off SONA, the “digital twins” of songs. The startup was co-founded by. Continue reading
Layoffs to cost Spotify $140M – $155M as stock rise tops 10% [NYSE: SPOT]
Spotify stock opened up again on Wednesday, trading at $200.39 after the stock bucked two down days on Wall Street to rise 2.65% on Tuesday and 7.46% on Monday. The. Continue reading
Spotify says it has to pull out of Uruguay. Chris Castle weighs in…
Spotify announced that it would pull out of Urguay after a new law added performers to the royalties that the music streamer must pay. Not so fast, says the country’s. Continue reading
5 Music Tech Predictions to help artists prepare for 2024
2023 has been a busy year for music streaming and music tech, and it’s looking like that growth will continue in 2024. Learn what’s coming so that you can make. Continue reading
Read Spotify CEO Daniel Ek’s Layoff Letter To Staff [Full Text]
Spotify CEO Daniel Ek sent a letter to staff Monday announcing layoffs of 17% or about 17% of global staff. Over the day, Wall Street sent Spotify stock higher as. Continue reading
Spotify layoff details emerge as stock finished up sharply Monday [NYSE: SPOT]
UPDATED: Even while the overall stock markets declined on Monday, Spotify finished sharply up after news emerged that the streaming company was cutting almost 1,600 jobs or roughly 17% of. Continue reading
Spotify cuts 1500 jobs in third round of layoffs this year
UPDATE: Spotify has laid off 17% of its global workforce, or 1500 of its estimated 9000 employees, the streamer said in a memo to staff Monday. This round of layoffs. Continue reading
