Streaming Music news and trends

Apple’s Changes in Royalties Strike Sour Note With Indie Labels
Apple // February 04, 2024

Apple’s plans to pay more for songs produced with higher-quality audio are causing discord among some artists. That’s according to a report Friday (Feb. 2) by the Financial Times (FT), which says that independent record labels argue that this shift will mean more money for high...

Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’
Personnel // December 04, 2023

Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by being relentlessly resourceful in the ways we operate, innovate and tackle problems,” Daniel Ek, the company’s CEO, said in a...

Spotify Unveils Hub to Let Fans Buy Artist Merchandise
Social Commerce // October 16, 2023

Spotify said it doesn’t want music fans to have to wait for new artist merchandise. The streaming audio platform announced Monday (Oct. 16) that it was adding a dedicated “Merch Hub” to its app to make it easier for listeners to browse and shop for productions from...

Amazon in Talks with Wireless Carriers to Offer Low-Cost Mobile Phone Service to Prime Members
Amazon // June 02, 2023

Amazon, the world’s largest online retailer, is reportedly in talks with several wireless carriers to offer its Prime subscribers low-cost or even free nationwide mobile phone service. The company is negotiating with Verizon Communications, T-Mobile US and Dish Network to secure wholesale prices, with the...

Quick Reads
Taylor Swift Drove 2% of All Music Sales in 2023

February 04, 2024
Last year, Taylor Swift accounted for 2% of the music industry’s entire sales. But as the megastar prepares to make history — in the running to become the first artist ever to win the Album of the Year Grammy four times — her success marks an exception in the music industry, not the rule, the Financial […]

Apple’s Changes in Royalties Strike Sour Note With Indie Labels

February 04, 2024
Apple’s plans to pay more for songs produced with higher-quality audio are causing discord among some artists. That’s according to a report Friday (Feb. 2) by the Financial Times (FT),...

Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’

December 04, 2023
Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by being relentlessly resourceful in the...

Spotify Unveils Hub to Let Fans Buy Artist Merchandise

October 16, 2023
Spotify said it doesn’t want music fans to have to wait for new artist merchandise. The streaming audio platform announced Monday (Oct. 16) that it was adding a dedicated “Merch Hub” to...