Spotify In The News

Gaana scraps free tier after failing to raise new investment

Gaana moves to paid subscription model

Strange Fruits rebrands to Fruits Music, plans launch of its own subscription app

The rebranding coincides with the company’s fifth anniversary this year.

Bill Ackman’s Pershing Square: Universal Music Group can grow by 10%+ every year ‘for more than a decade’

Report from Pershing Square makes bullish observation on UMG's future

From Sony Music suing Triller to Utopia raising €300m… it’s MBW’s Weekly Round-Up

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

India is home to the largest number of YouTube viewers in the world. But the platform’s music chart isn’t without flaws.

Amit Gurbaxani investigates why a lyric video with more than 400m views hasn’t charted on YouTube's charts for India

Phonorecords IV: Music publishers react to US streaming royalty rate rise

The headline royalty rate will be set at 15.35% for the years 2023-2027

Can you feel the love tonight? Spotify and fellow music streamers strike agreement with publishers for 15.35% go-forward royalty rate in the US.

NMPA, DiMA and songwriter group NSAI send joint proposal to CRB – and avoid a costly legal war

Half of APAC listeners use social media for music discovery, a win for TikTok and its music-streaming foray

APAC music discovery stats revealed in new report from US market monitor Luminate