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$4.5 billion Spotify revenue in 2023 driven by indie artists and labels, marking a historic industry milestone with India contributing nearly half the global industry income.

Independents accounted for 50% of Spotify industry revenue last year

Independent artists generated $4.5 billion on Spotify in 2023. This is the first year ever that Indies accounted for about 50% of what the entire industry generated on the streamer, which totaled $9 billion….

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Where to announce your next show (beyond social media)

Hot on the heels of the announcement that dates posted on Bandsintown now also appear on Spotify, Chris Robley of ReverbNation has a list of all the places that artists need to announce every show…

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The Real Currency of Art [Indie singer/songwriter Peter Mulvey]

While music is too often about money these days, indie singer/songwriter Peter Mulvey shares the true value of art and how that makes it worth all the hard work and tears…..

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An orchestra of algorithms: How AI is revolutionizing music [Virginie Berger]

Unauthorized voice clones and models built on stolen lyrics aside, AI is revolutionizing music in several very positive ways…..

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Spotify Singles what is a stream worth

Study reveals how Spotify algorithms affect listening and discovery

A new study that analyzed 25.3 billion Spotify streams provides a look at how the streamer’s algorithms work and how they are changing how music is listened to and discovered…..

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Redefining Record Labels starting with Purpose [Patrick Clifton]

Why do modern record labels need to redefine their purpose and refresh their measures of success?…..

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MLC to distribute $400M more to Songwriters, Publishers after final royalty rate determination

The MLC announced that songwriters and music publishers should expect additional payments for 2021-2022 from a total of nearly $400 million underpayments from Spotify, Apple Music, Amazon, and other music streamers…..

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Charli XCX, ElyOtto & Odetari: What’s all the hype about Hyperpop?

Hyperpop music and artists like Charli XCX, ElyOtto, and Odetari have been on an astronomical rise in the 2020s, and these glitchy high-energy sounds are being heard worldwide…..

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Cassettes are making a comeback

Youth in Japan and elsewhere have begun showing a growing interest in the warmth and nostalgia that comes with cassette tapes at a fraction of the price of vinyl. Will this comeback make its way around the world?…..

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Your Morning Coffee Podcast

Your Morning Coffee Podcast: Labels need a purpose • Publishing splits • Anthropic AI lawsuit • More

Episode 185 of Jay Gilbert and Mike Etchart’s podcast Your Morning Coffee: Weekly News for the New Music Business is available now……

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most read Hypebot posts last week music business news

TOP POSTS: Last week’s most-read posts on Hypebot

Catch up on what everybody has been talking about with last week’s most-read posts. We’ve got topics ranging from shocking reports about artist success to Spotify partnering with Bandsintown and more…..

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