News Amid controversy over Spotify’s songwriter payments, Daniel Ek cashes out $118.8 million in company sharesEk's move on the New York Stock Exchange comes amid criticism for Spotify for reducing the royalty rate via which it pays songwriters in the US
Analysis News A new ‘music-only’ subscription tier is coming to Spotify, confirms Daniel Ek… and 4 other things we learned on the company’s latest earnings callSpotify is making good on its aim to become more than a music streaming service
Analysis News Concord isn’t giving up on Hipgnosis Songs Fund, as it bids $1.51 billion – less than 1% higher than Blackstone’s proposed offerHSF's board is unanimously recommending this offer to shareholders
News Taylor Swift’s The Tortured Poets Department has already racked up over 1bn streams on Spotify – the first album to do so in less than a weekThe Tortured Poets Department has broken more Spotify records
News As President Biden signs law that could ban TikTok, the app’s CEO says: ‘We aren’t going anywhere’Shou Zi Chew says TikTok will fight the law in court, and the platform will be available in the US in the meantime
Analysis News Believe generated $250 million in Q1, up 15.9% YoYParis-headquartered music company Believe has published its financial results for Q1 2024
News Warner Music Group sells Uproxx, HipHopDX and other media assets to Uproxx Founder and CEO Jarret MyerRich Antoniello joins new company UPROXX Studios as Partner and Executive Chairman; will.i.am joins as Partner/Investor
News Dan P Carter named Director of Artist Development at Spinefarm MusicCarter is known for hosting BBC Radio 1's 'The Rock Show' and for his podcast 'Some Who Isn't Me'
News TuneCore reports $125m+ in payouts to indie songwriters since 2012 as it expands its publishing servicesPlatform has also sent out 97m song registration records since it first began offering publishing administration services in 2012
News Samantha Sklar promoted to Vice President of A&R at Position MusicSklar’s promotion comes on the heels of signing songwriter Jack LaFrantz, who co-penned Benson Boone’s 'Beautiful Things'
News TikTok divest-or-ban bill one step from becoming law after sailing through SenateThe bill now only needs President Joe Biden's signature to become law
News Universal enters strategic partnership with producer Binetou Sylla and Wèrè Wèrè Music to lead Def Jam Africa across French-speaking AfricaThe partnership will see Paris-based Binetou Sylla lead Def Jam Africa within French-speaking markets on the continent
News Primary Wave strikes multi-million-dollar music rights deal with Neil Finn of Crowded HouseDeal includes his work with Crowded House, as well as his solo material
Analysis News Latin music generated $1.4 billion in US recorded music revenues last year – up 16% YoYThe RIAA has published its Year-end Latin Music Report
Analysis News Spotify subscriber base grew by 3m to 239m in Q1, as company posts biggest ever quarterly profitSpotify posted a "quarterly high" operating income of €168 million ($182.41m)