Music Business News: North America

Swift claimed an audio stream market share of 1.28%; her market share including record sales was even bigger, at 1.79%

The label has introduced a collection of over 55 tracks and more than six hours of immersive content

The track has also topped Chubby Checker’s The Twist as the No. 1 Billboard Hot 100 hit of all time

Tune.fm promises artists larger streaming income through blockchain micropayments and an NFT marketplace

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

Bloomberg reports that UMG’s recorded music division ‘will be hit the hardest’

DistroKid claims to be the world’s largest distributor of independent music, and estimates that it distributes 30-40% of all new music in the world

The Beatport Group is seeing soaring revenue, having launched or acquired eleven new products since 2019