Again — as real artists have shown — don’t expect to make much on streaming music services. Least of all on YouTube. Here at Digital Music News, we’ve covered real artist payouts from streaming music services before. And, let’s face it – unless you’r…
Tag archives: Spotify
Fake artists still dominate Spotify ‘chill’ playlists. Now Universal is fighting back… with Apple Music.
Nothing has changed on Ambient Chill, Sleep and Music For Concentration
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Latest Industry: Apple, Spotify, Big Hit Entertainment, Pandora, eMusic, Ludlow Music, The Lede Company, More…
Elton John, Ariana Grande, and Taylor Swift ranked among the lowest ‘highest-paid’ artists of 2018. Billboard has released its list of the highest-paid artists in the music industry. Elton John ($11.4 million), Ariana Grande ($11.36 million), Janet Ja…
Latest Industry: UMG, SOCAN + SODRAC, iHeartRadio, Radar Radio, Apple Music, Paradigm, Cherry Glazerr, More…
UMG earns over $50 million a week from streaming. Vivendi, Universal Music Group (UMG) parent company, has revealed Universal Music Group’s labels generated $1.44 billion in streaming revenue for the first half of 2018, or around $55 million a week. U…
Sony Music Sells $768M Spotify Stock, Reports Solid Q2
Sony collected a $768 million windfall from the sale of less than half of its 5.7% stake in Spotify (SPOT), according to Q2 results published Tuesday. The sale helped boost what was already a solid quarter for the company. Sony still owen about $862 million in Spotify shares. The company…
Confirmed: Sony cashed in 50% of its Spotify shares for $768m in Q1 this year
Firm’s remaining bulk of shares are currently worth in the region of $862m
The post Confirmed: Sony cashed in 50% of its Spotify shares for $768m in Q1 this year appeared first on Music Business Worldwide.
Latest Industry: Troy Carter Exits Spotify, Lollapalooza, SeatGeek, Warner Bros. Records, More..
Troy Carter exits Spotify. Troy Carter has confirmed he will exit Spotify early in September. Following his departure, he’ll assume an advisory role in the company. In a statement, Carter said, “I came to this company to help bridge the gap between Sp…
Official: Troy Carter is leaving Spotify in September
Exec departs after two years with Daniel Ek’s company
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Spotify appoints Austin Daboh as Head of Shows & Editorial in the UK
Exec steps up to succeed his former boss, George Ergatoudis
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Spotify Hits 180 Million Users — and Loses Even More Money
Streaming service’s second-quarter report reveals it’s losing twice as much money as it did last year