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# REWIND: The modern music industry’s last week in review
- URL: https://www.hypebot.com/rewind-the-modern-music-industrys-week-in-review/
- Published: 2021-07-03T12:19:56.000Z
- Updated: 2021-07-05T13:02:54.000Z
- Description: In this rewind back through the past week’s music industry news, we revisit how TikTok royalties are calculated, Spotify’s potential expansion into live virtual events, a record-breaking livestream by BTS,. Continue reading [https://www.hypebot.com/hypebot/2021/07/rewind-the-modern-music-industrys-w
- Author: admin
- Tags: Music Business, rewind, #wp, #wp-post, #Import 2026-01-21 09:48

In this rewind back through the past week’s music industry news, we revisit how TikTok royalties are calculated, Spotify’s potential expansion into live virtual events, a record-breaking livestream by BTS, and more!

- [**TikTok triples video length to 3 minutes**](https://www.hypebot.com/tiktok-triples-video-length-to-3-minutes/)
- [**Chicago distributes free Lollapalooza tickets to encourage COVID-19 vaccination**](https://www.hypebot.com/chicago-distributes-free-lollapalooza-tickets-to-encourage-covid-19-vaccination/)
- [**Spotify eyes expansion into live, virtual events \[REPORT\]**](https://www.hypebot.com/spotify-eyes-expansion-into-live-virtual-events-report/)
- [**Live streamer Mandolin adds $12M in funding**](https://www.hypebot.com/live-streamer-mandolin-adds-12m-in-funding/)
- [**Nile Rogers re-elected as Songwriters Hall of Fame Board Chair**](https://www.hypebot.com/nile-rogers-re-elected-as-songwriters-hall-of-fame-board-chair/)
- [**BTS livestream breaks records with 1.33M ‘MUSTER SOWOOZO’ viewers**](https://www.hypebot.com/bts-livestream-breaks-records-with-1-33m-muster-sowoozo-viewers/)
- [**7 secrets to longevity in today’s music industry**](https://www.hypebot.com/7-secrets-to-longevity-in-todays-music-industry/)
- [**How are TikTok royalties calculated?**](https://www.hypebot.com/how-are-tiktok-royalties-calculated/)