Pandora In The News

From Spotify’s battle with music publishers to the DOJ’s antitrust lawsuit against Live Nation… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days…

Spotify’s battle with songwriters and music publishers is getting complicated. Here’s a recap.

MBW Explains what's happened, who has said what so far, and what could happen next...

Streams of Kendrick Lamar’s Not Like Us and Euphoria are still soaring on Spotify… and the tracks have been blowing up on other platforms too.

Not Like Us reached No.1 on the Billboard Hot 100 this week

Latin music generated $1.4 billion in US recorded music revenues last year – up 16% YoY

The RIAA has published its Year-end Latin Music Report

US recorded music industry revenues hit $17.1 billion in 2023

The RIAA reports that on a retail basis, recorded music revenues in the US grew 8% YoY in 2023

Symphonic Distribution to host third annual women empowerment mentorship program with mentors from Amazon Music and Meta

The program has so far connected 165 mentors with 340 mentees around the world

News

Songwriters and publishers to receive nearly $400m payout after streaming royalty ruling in the US

The MLC calculates that streaming giants like Spotify, Amazon Music and YouTube, underpaid songwriters and publishers by $419.2 million in 2021-2022

SiriusXM trims another 3% of workforce, citing efficiency and streaming push (Report)

CEO Jennifer Witz says the company needs to be "more efficient, agile, and flexible" in today's changing landscape