Music Business News: Sweden

Over-spending and under-pricing: Spotify’s commercial missteps have come back to haunt it.

A close look at some of the factors that led Daniel Ek to slash 500 jobs from his worldwide headcount this week

Classical music use on YouTube content soared 90% globally in 2022 — report

Epidemic Sound publishes inaugural Sound of the Internet Report

Song data startup Session, co-founded by Max Martin, ABBA’s Björn Ulvaeus, Niclas Molinder, partners with Brazil collection society UBC

UBC represents more than 50,000 members

Tech start-up Logcast unveils Spotify integration that lets creators charge for talk content

Logcast investors include San Francisco-based VC firm Goodwater Capital

How can artists benefit from the metaverse?

The following MBW op/ed comes from Samuel Arvidsson, Chief Commercial Officer at Stockholm-based metaverse developer, The Gang

Why ingesting 100,000 tracks a day may not prove sustainable for Spotify’s business in the long-term.

Why it's worth keeping an eye on Spotify's hosting costs as over 100k tracks a day hit streaming platforms

Spotify mulls price hike in US following Apple, YouTube’s lead

'When our competitors are increasing their prices, that's really good for us,' said CEO Daniel Ek on SPOT earnings call

Spotify added 7m premium subscribers in Q3 – and has added 15m in 2022 to date

Spotify now expects to top 200 million subscribers by the end of 2022