News Slide into Spotify’s DMs: Platform launches in-app messaging to boost content sharing Spotify says the new feature is meant to 'complement,' not replace, sharing on other social media platforms
News Apple TV+ hikes subscription price by 30%… making it more expensive than Apple Music once again Apple's streaming TV service now costs $2 more per month in the US than its music streaming service
News Confirmed: BMI royalty rate from terrestrial US radio is rising by nearly 24% Radio stations will go from paying 1.78% of gross revenue for BMI's music in 2021 to 2.20% in 2026
News AI creating ‘potentially new’ music genres as artists take control, says Stability AI study The pushback to AI echoes previous technological changes that were resisted when they changed music, researchers at Stability AI say
News BMI secures ‘largest rate increase ever’ for radio royalties in US BMI has reached a settlement for the 2022-2026 radio licensing period, calling it a 'historic' deal
Analysis News The US’s ‘click-to-cancel’ rule could soon be law. What would that mean for streaming services? A click-to-cancel rule could have a serious downside for streaming services' revenues - but the global momentum for such a rule is growing
News Netease Cloud Music sees 15.2% YoY growth in subscription streaming revenue in H1, amid focus on indie artists, in-house music China's second-largest music streamer saw an overall decline in revenue due to continued weakness in social entertainment services
Analysis News JYP Entertainment profit soars in Q2, helped by Stray Kids tour, Kpop Demon Hunters The Korean music company's blockbuster earnings even got a little help from ‘Kpop Demon Hunters’
News Music publishers allege Anthropic used BitTorrent to pirate copyrighted lyrics Anthropic may face a new allegation from music companies: That it not only downloaded, but distributed lyrics without permission
News Temu sued for alleged knock-offs of MF Doom merch, using late rapper’s name and likeness The owner of MF Doom's IP calls Temu 'one of the most unethical companies operating in today’s global marketplace'
News After raising $500m for music rights deals, GoldState acquires catalog of hitmaker Yung Lan in ‘7-figure deal’ Yung Lan is known for having produced hits for Fetty Wap, Morgan Wallen and Roddy Ricch, among others
News AEG expands global partnership with American Express across festivals, venues, events on four continents American Express Chief Marketing Officer Elizabeth Rutledge called AEG 'one of most trusted and strategic partners'
News Reservoir reports 8% YoY revenue growth to $37M in fiscal Q1 Reservoir highlighted its entry into immersive entertainment with an investment into London-based Lightroom
News Spotify announces new round of price hikes – and share price jumps Spotify's subscriber growth has continued even amid a series of price hikes over the past two years
Analysis News The 5 most important things to know about HYBE, the music company that just won’t stay out of the headlines HYBE is busy expanding beyond the world of K-pop, but a seemingly endless string of controversies is dragging down the company's public image