Your Morning Coffee Podcast

Your Morning Coffee Podcast: Indie sales snafu • Who owns a voice? • FANS FIRST• Fair Use • FAVE’s Fan Finder & More

Episode 174 of the Jay Gilbert and Mike Etchart podcast Your Morning Coffee: Weekly News for the New Music Business is available now. Episode 174 Jay Gilbert and Mike Etchart. Continue reading

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Spotify CEO worth $7.2B

Spotify CEO blames layoffs on fake work, pushes out CFO who just cashed in $9.4M in stock

Spotify CEO Daniel Ek seemed to blame workers and another executive for this week’s layoffs that saw 1500 or 17% of the streamer’s global workforce shown the door. In a. Continue reading

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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

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Spotify royalties top $60B

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

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Spotify CEO worth $7.2B

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

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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

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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

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Your Morning Coffee Podcast

Your Morning Coffee Podcast: Wrapped arrives • AI raises the dead • Mechanical royalty increases • More

Episode 173 of Jay Gilbert and Mike Etchart’s podcast Your Morning Coffee: Weekly News for the New Music Business is available now. Episode 173 On this week’s YMC podcast, hosts. Continue reading

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WEEKEND MUST READ: Ex-Spotify Economist Will Page pulls no punches

This Weekend’s Must Read is the transcript of an interview with music industry economist and truth-teller Will Page, who sat down for a bonus episode of the Your Morning Coffee. Continue reading

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Weird Al’s Spotify Wrapped mocks payouts: ‘Thanks for the sandwich!’

Weird Al Yankovic has used his personalized Spotify Wrapped 2023 video to fans to take a swipe at the size of the checks he receives from Spotify. After thanking his. Continue reading

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