Spotify revamps home screen, tests ticket pre-sales, adds live colabs
Spotify continues to revamp and innovate at warp speed, The latest updates involve its home screen, a new concert ticket pre-sale program and live collaboration within its Soundtrap recording sturio. Continue reading
Explore music in the metaverse with 4 startups defining the future
ASCAP Lab and NYC Media Lab have been mentoring four startups that are using the metaverse to explore new ways to create and experience music, express musical identity, and connect. Continue reading
A deep dive into the music distribution revolution with Jay Gilbert & Mike Etchart of the Your Morning Coffee Podcast
A very special edition of Jay Gilbert and Mike Etchart’s Your Morning Coffee: Weekly News for the New Music Business podcast is live. Episode #104 On episode #104 of the. Continue reading
Amazon Music brings Artist Merch Shop to mobile app
Amazon Music is bringing the collections found in the Amazon Music Artist Merch Shop to the Amazon Music mobile app in the US. Fans can now shop for merchandise and. Continue reading
SoundCloud is laying off 20% of its 1700-person global workforce
SoundCloud has confirmed that it will be laying off approximately 20% of its global workforce, citing “a significant company transformation” and current economic conditions. SoundCloud currently has about 1700 employees.. Continue reading
Symphonic acquires Streaming Promotions
Symphonic Distribution has acquired the music streaming marketing firm Streaming Promotions. The company will continue to operate separately, adding Symphonic’s tech and infrastructure. Earlier this year, Symphonic added $37 million. Continue reading
Are music streaming farms really that bad? Take a closer look…
In this post, learn not only what exactly streaming farms are, but also how they positively and negatively impact up-and-coming artists and whether or not to use them. by Janelle. Continue reading
Spotify grew 14% in 3 months to 433M users, revenue up 23%
[UPDATED] Spotify reported strong second-quarter user and earnings growth, beating analyst expectations. Monthly active users grew 14% to 433 million in Q2, a full 5 million users above its own guidance.. Continue reading
Web3 music streamer Audius loses $6M in crypto hack
Audius was hacked Saturday losing about $6 million worth of Ethereum-based AUDIO tokens. The 18.6 million AUDIO tokens were re-sold for 705 ETH ($1.1 million) and funneled through a transaction. Continue reading
Facebook is changing how musicians, rightsholders (and fans) get paid
Facebook is changing how artists and music rightsholders are compensated for user-generated video content, Although details are incomplete, Meta announced Monday that it is shifting a revenue-sharing model. Now Facebook. Continue reading
Warner Music joins SoundCloud’s user-generated royalties experiment
Warner Music Group (WMG) has become the first major label group to sign on to SoundCloud’s ‘Fan-Powered’ user-centric royalty payment system. This new deal allows every artist on WMG’s roster. Continue reading
