YouTube Music In The News

From the 120,000 tracks hitting streaming services daily to Universal’s AI sound partnership… it’s MBW’s Weekly Round-Up

The biggest music biz headlines from the past week, all in one place

Rob Stringer says music streaming fraud ‘is a problem that must be eliminated’, calls for better payouts from short-form video platforms

Sony Music Group Chairman covers various key industry topics in presentation to Sony Corp investors

There are now 120,000 new tracks hitting music streaming services each day

A total of 10.08 million new songs uploaded to the likes of Spotify, YouTube Music and other music streaming services in the first three months of the year alone

News

‘An Ed Sheeran stream is not worth the same as a stream of rain falling on a roof’: Robert Kyncl says music streaming payout and pricing models must, and will, change

Warner Music Group boss presses his message, says WMG's licensing agreements with Spotify et al will not be the same in future

News

YouTube ad revenue dropped 2.5% YoY in Q1, but paid subscription sales increased 9%

The number of YouTube Music and YouTube Premium subscriptions reached 80 million towards the end of last year

News

50% of vinyl buyers in the US don’t own a record player, data shows

Luminate survey reveals surprising stat about what happens to format after it's purchased in world's biggest music market

Analysis

Spotify needs to woo the boomers if it wants to keep growing in the US market

A recent Edison Research report broke down why there may be a big opportunity for Daniel Ek's company amongst the 55-plus crowd in the States

News

Politician in France calls for new tax on music streaming services

A senator in France has called on the Minister of Culture Rima Abdul Malak to start taxing music streaming platforms