By Cherie Hu | March 19, 2018 1:34 PM EDT Spotify is displayed on the screen of an iPhone on Jan. 6, 2017 in Paris. Chesnot/Getty Images 0 in 0 0 Comments 0 During its first investor day on Thursday (Mar. 15), Spotify not only announced that its shares would...
Lil Pump is among a handful of young rappers earning big paydays as the record industry’s revenue surges. But there are still lots of musicians waiting to get paid. By Victor Luckerson Mar 16, 2018, 6:20am EDT SHARE Getty Images/Ringer illustration In August 2001,...
With its direct listing on the New York Stock Exchange, can Spotify finally prove that streaming music is profitable? Or will it meet a Pandora Radio-like fate? So, when exactly will Spotify debut on the New York Stock Exchange? March? April? May? Sometime this...
Sir Lucian Grainge brushes his teeth. He puts on his Pj’s, tucks himself in and settles down for an uninterrupted eight hours. By the time he wakes up, Universal Music Group has generated close to $2m from streaming services like Spotify. Welcome to the never-ending...
Apple has reportedly been trying to lower the share of Apple Music revenues (QQQ) that it pays out to record labels—the suppliers of the content it uses for its music streaming service. According to Bloomberg, the prior agreements that Apple had with record labels...
The most difficult part about the debate over streaming royalties is that nobody seems to know what streaming services actually pay. Which is why Digital Music News started an initiative to collect streaming data from anyone who would share their royalty statements....
