Amazon In The News

Spotify shuts down Spotify Live after two years of ‘experimentation’

Daniel Ek's firm capitalized on the Clubhouse boom. Then the Clubhouse boom ended.

‘Bad Bunny and Rosalia are just the tip of a very large artistic iceberg. The creative force of Latin Music is unstoppable.’

In this feature, we speak to Nando Luaces, CEO of Madrid-based distributor and Latin Music specialist Altafonte

Joe Etchells appointed Head of A&R and Artist Development at Various Artists Management

He will work across the company’s artist management, music publishing and label operations

Twitch cuts over 400 roles amid widespread layoffs at parent company Amazon

Amazon announced another 9,000 job cuts this week

Amazon to cut additional 9,000 roles, including positions at Twitch, as tech job cull continues

Latest round of layoffs was confirmed by Amazon CEO Andy Jassy on Monday (March 20)

US recorded music revenues from paid subscriptions exceeded $10bn annually for the first time in 2022

The US recorded music industry grew 6.1% to USD $15.9 billion in 2022, according to RIAA's 2022 Year End report

Deezer strikes long-term partnership with speaker maker Sonos to power Sonos Radio globally

Sonos launched its ad-supported radio streaming service in 2020

Amazon Music strikes playlist partnership with generative AI music company Endel

Endel raised $15m in a series B funding round last year