TikTok Scores a Juicy BTS Exclusive — But Just for :30

TikTok is the sole home of a 30-second-long preview of BTS’s upcoming single “ON,” which is slated for release on Friday, alongside the group’s next album, Map of the Soul: 7. TikTok users can both listen to the “ON”…

As Spotify, Apple, and Amazon Dominate, Tuned Global Is Building Customized Streaming Platforms for Brands

While Apple Music, Amazon, YouTube, and Spotify duke it out for streaming dominance, B2B players like Tuned Global are eyeing niche opportunities. The streaming music space is now a battle royale between the biggest of giants. Even Spotify is feeling t…

BTS V’s ‘Singularity’ Surpasses 100 Million Streams on Spotify, YouTube, and SoundCloud

BTS vocalist V achieves major streaming success with his solo release, “Singularity.” V, a member of the highly successful South Korean band BTS, has achieved a significant milestone in his career. BTS’s “Singularity,” which was sung as a solo by V, ha…

Spotify Remains M.I.A. In South Korea — But That Could Change This Year

According to a Seoul-based news outlet, Spotify is set to further its global presence by entering the South Korean market. Though more than 275 million people actively use Spotify (including 124 million premium subscribers and 153 million free-version …

YouTube Paid the Music Industry More Than $3 Billion In 2019, CEO Says

YouTube has the lowest per-stream payouts in the streaming music business — a dubious distinction for years.  But platform CEO Susan Wojcicki says it all adds up. Why Wojcicki dropped the big news on a Friday before a three-day weekend is anyone’…

RealNetworks CEO Rob Glaser Buys $10 Million in Napster Stock

RealNetworks founder, chairman, and CEO Rob Glaser has invested $10 million in his company’s stock.  According to the SEC filing, Glaser’s investment in Napster, which was funded personally, translates to 8,064,516 shares, with each costing about $1.24…

SoundCloud Receives Massive $75 Million Investment From Sirius XM

Sirius XM has invested $75 million in SoundCloud, per a recently published press release. The release also indicated that the “minority investment” resulted, at least in part, from SoundCloud’s positive business relationship with Pandora, a Sirius XM s…

Spotify’s standalone Kids app rolled out in the UK and Australia

Standalone app will eventually expand to all markets that have Premium Family
The post Spotify’s standalone Kids app rolled out in the UK and Australia appeared first on Music Business Worldwide.

Jay-Z’s Tidal Lost $37 Million In 2018 — More Than 100,000 Subscribers Jumped Ship

Jay-Z’s Tidal lost approximately $37 million and 100,000 American subscribers in 2018, according to newly released figures.   The music streaming service’s overall revenue grew by more than 25 percent from 2017 to nearly $150 million, according to a fi…

Identifyy Sees Massive Growth — HAAWK Now Represents YouTube, Facebook & Instagram Rights for Over 75,000 Artists

How do indie artists and smaller producers get access to YouTube Content ID and Facebook Rights Manager?   Artists signed to Merlin-affiliated labels have a shot at claiming and monetizing, if their labels are able to staff up and do the work. And majo…