Music Business News: Sweden

25% of music producers are now using AI, survey says – but a majority shows strong resistance

A majority of producers indicated they have concerns about losing control of their music.

Record companies tell MBW: Nope, the industry isn’t losing paying subscribers in Sweden

Record companies left bemused by YouGov findings, as MBW reveals their internal data in key market

From the majors’ AI lawsuit to Believe’s big acquisition plans… it’s MBW’s Weekly Round-Up

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

Joakim Johansson promoted to President, Nordics at Universal Music Central Europe

UMG credits Johansson with Universal Music Sweden's reclamation of its position as market leader in the country

A warning sign? Sweden has fewer paying music subscribers than it did 2 years ago, according to YouGov survey.

New report suggests that Swedish consumers are potentially becoming more price-sensitive for streaming music

From Robert Kyncl’s NMPA keynote to music publishers’ FTC complaint against Spotify… it’s MBW’s Weekly Round-Up

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

Spotify co-founder Martin Lorentzon sells $81m of company’s shares

Music streaming company Spotify has seen a 310% runup in its share price over the past 18 months

After stepping down as Peloton’s CEO, Barry McCarthy cashes out $10m in Spotify stock

McCarthy recently stepped down as CEO of struggling connected fitness company Peloton