Articles from www.musicbusinessworldwide.com

Articles from www.musicbusinessworldwide.com

IFPI: global music streaming revenues hit a record $20.4B in 2024, driven by paid subscription revenues of $15.15B, up 9.5% YoY; paid subscribers reached 752M (www.musicbusinessworldwide.com)
9 days ago

YouTube says YouTube Music and Premium now have 125M+ subscribers globally, including trials, after announcing 100M in February 2024 (www.musicbusinessworldwide.com)
27 days ago YouTube

Music AI, the AI startup behind Moises music creation service, raised a $40M Series A led by monashees and Connect Ventures, a partnership between CAA and NEA (www.musicbusinessworldwide.com)
2025-1-23 Startup AI

It's time for audio services like Spotify to deal with AI by using labels and banning or downweighting music made with AI tools that don't license training data (www.musicbusinessworldwide.com)
2024-8-31 AI Spotify

The AGs of 10 states join the DOJ's antitrust lawsuit seeking to break up Live Nation and Ticketmaster; 39 states, plus DC, are now part of the lawsuit (www.musicbusinessworldwide.com)
2024-8-20

Short-form video app Triller is merging with Hong Kong financial services company AGBA; Triller shareholders will own 80% of the combined company valued at $4B (www.musicbusinessworldwide.com)
2024-4-19 Hong Kong

VP of audio at Stability AI Ed Newton-Rex quits, saying he disagrees with the company's view that training generative AI models on copyrighted works is fair use (www.musicbusinessworldwide.com)
2023-11-16 AI

Sources: Spotify plans major changes to its royalty model in Q1 2024, including a threshold of minimum annual streams before a track starts generating royalties (www.musicbusinessworldwide.com)
2023-10-26 Spotify

Universal Music Publishing Group, Concord Music Group, and ABKCO sue Anthropic, saying it violated copyrights by using existing song lyrics to train AI models (www.musicbusinessworldwide.com)
2023-10-19 AI

Study: just 2% of Spotify “super listeners” drive over 18% of monthly streams on average for an artist, with the number rising to 30% for the biggest artists (www.musicbusinessworldwide.com)
2023-7-31 Spotify

The National Music Publishers Association: in February 2023, Spotify had 44.4M US subscribers, Apple Music had 32.6M, Amazon Music had 29.3M, YouTube had 8.5M (www.musicbusinessworldwide.com)
2023-7-5 Amazon Apple YouTube Spotify

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