Category archives: music streaming

Is Slacker Headed for Bankruptcy? Company Says SoundExchange’s $10 Million Judgment Could Destroy Them

Is Slacker headed for bankruptcy? The company says SoundExchange’s $10 million judgment could destroy them. Slacker and its parent company LiveOne (formerly LiveXLive) are pleading with a judge to overturn a ruling requiring the streaming company…

TikTok, Syco, Universal, Republic Records, Samsung & Max Martin Officially Push New Music Discovery Format — ‘StemDrop’

TikTok, Syco, Universal, Republic Records & Samsung announce a new music discovery format with StemDrop. TikTok announces the official launch of StemDrop on the platform in collaboration with Syco Entertainment, Universal Music Group, Republic Reco…

YouTube Ad Revenue Declined During Q3 2022 — As YouTube Music Subscriber Growth Contributed to a Non-Advertising Income Boost

Google parent Alphabet posted improved Q3 2022 revenue of $69.09 billion, but within the total, YouTube’s ad income declined from the same three-month stretch in 2021. The Mountain View, California-headquartered company just recently disclosed it…

Fake Drake Receives Cease-and-Desist From Real Drake’s Lawyers

Fake Drake blew up in Miami as an impersonator, making upwards of $5,000 per appearance. Now the real Drake says the gig has gone on long enough and sent a cease-and-desist letter. Last year, Akademiks shared videos online of a man who looks startlingl…

Apple Keeps Rejecting Spotify’s Audiobook App Store Updates

A new report says Spotify is facing issues getting Apple to approve an App Store update featuring audiobooks. The New York Times reports that Spotify’s latest update has been rejected at least three times. Apple says it’s because Spotify&#8…

Reprtoir Evolves: New Solutions and Pricing Plans Focused on Facilitating Labels and Music Management Companies

Reprtoir is now simplifying its multi-product offering and switching to plan-based pricing with four major tiers. With the B2B shift, Reprtoir’s CMS is now courting bigger companies. Juggling a list of digital chores can quickly become overwhelming for…

Spotify Shares Drop Despite Double-Digit Subscriber Gains — And a Possible Price Hike Ahead

Spotify subscribers, monthly average users, and revenues all headed north during the latest third quarter. Wall Street sent shares south. It was an impressive third-quarter financial review for Spotify on Tuesday, though Wall Street proved difficult to…

Taylor Swift Is Big in China — ‘Midnights’ Sells 250,000+ Copies on QQ Music Despite Reportedly Being Tencent’s Highest-Priced Digital Album

The popularity of Taylor Swift has reportedly extended to China’s quick-growing music market, where Midnights is said to have sold north of 250,000 copies on QQ Music despite being Tencent’s highest-priced digital album to date. TechCrunch just recentl…

Audius has raised nearly $10m for its Spotify rival. Can its blockchain-based model change the game for artist payments?

Does Audius offer a viable and more ethical alternative to music streaming?
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