Amazon In The News

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

Music industry veterans Howie Singer and Adam Parness join Beatdapp advisory board

Former SVP and Chief Strategic Technologist of Warner Music and Former Global Head of Music Publishing at Spotify join Beatdapp

Vevo partners with TikTok to launch weekly ‘trending on TikTok’ show

Show will round up the music videos of the top trending songs on TikTok

Amazon is cutting over 18,000 jobs, not 10,000

Layoffs at Amazon follow similar moves by other tech giants