Amazon In The News

Jason Murray named President of Vector Management, as firm merges with Black Box Music

Black Box Music was founded in 2004 by Jason Murray and Ian Stanger

Over-spending and under-pricing: Spotify’s commercial missteps have come back to haunt it.

A close look at some of the factors that led Daniel Ek to slash 500 jobs from his worldwide headcount this week

From Flo Rida’s $82.6m legal victory, to the landmark streaming fraud investigation in France… it’s MBW’s Weekly Round-Up

Our biggest stories of the week, brought to you in association with Centtrip

Amazon Music raises standard monthly subscription price from $9.99 to $10.99. (Spotify, so far, still refuses to do the same.)

Amazon had over 80 million paying music subscribers last year, according to Midia Research

Mass tech layoffs continue, as Microsoft makes 10,000 job cuts

Satya Nadella revealed Wednesday, January 18, that the company is reducing its workforce by 10,000 jobs

SoundHound axes nearly 50% of staff less than a year after IPO

SoundHound went public in New York in April 2022 via a $2.1bn SPAC merger

TikTok offers cheaper ads in race against social media rivals Meta, YouTube and Twitter (report)

FT report cites advertisers, industry bodies and brands

Over 80% of Apple Music subscribers listened to Spatial Audio in 2022

Apple Music launched Spatial Audio with support for Dolby Atmos in June 2021