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* Estimated amount currently paid to music creators based on the average number of songs played by a Spotify paid subscriber
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RECENT MAJOR LABEL STREAMING HEADLINES
Time to stop playing the velocity game
We all know that streaming has transformed consumption and business models alike, but this is not a ‘now-completed’ process. Instead it is one that continues to evolve at pace, and the dynamic of pace is the pivotal variable. Consumer adoption continues to accelerate...
Songwriters Are Already Fighting For Better Pay. But in 2021, They Face an Even Bigger Battle
Professional songwriters are currently locked in a legal battle with the likes of Spotify and Amazon over how much they get paid in the United States. By next year, it could become an all-out war. The current battle is taking place because streaming services have...
IT’S HAPPENED: THE MAJOR LABELS ARE NOW GENERATING OVER $1M EVERY HOUR FROM STREAMING
We all have bad days. Bad hair days, bad work days, bad weather days. Bad days. This truism does not appear to apply, however, to the modern major record company. According to new MBW analysis of official fiscal numbers, the recorded music divisions of Universal Music...