Plus: Ridiculous personal finances, and the queen’s 70th anniversary.
Spotify Wrapped is more than just a fun feature for users. The year-in-review slideshow boosted app downloads by 21% in December 2020.
Spotify’s recent product moves suggest the company is building a super-app that includes both audio and video features.
Startups are giving artists the music-making and audience outreach tools to blow up on TikTok and Spotify.
Songtradr matches artists with businesses looking to license music. After a flurry of acquisitions, it is valued at $300m+.
Turntable.fm shut down in 2014. Now it’s back after raising $7.5m but has to contend with another identical startup also called Turntable.
Square’s acquisition of Tidal would supercharge its Cash App, among other benefits.
Streaming giants might accidentally be shelling out ~$300m to bot listeners.
After 11 years in relative obscurity, Stageit found a huge audience. The pandemic has delivered ready-made audiences to companies in a few industries.
Spotify uses emotional surveillance tactics to sell data, and brands are cashing in.
The startup Sofar Sounds, which hosts small concerts in people’s homes, raised $25m -- but the artists powering the platform often take home just $100 per show.
SoundCloud announced a new distribution feature to help artists more easily push their songs, while streamlining the process of monetization.
DJ Skee’s radio startup Dash raised $8.8m to expand its reimagined version of radio.
The agreement adds more than 2m songs to Sony’s already-iconic catalogue. But the last 10% of EMI still belong to the Jacksons.
To compete with industry leaders Spotify and Apple, Google is turning up the dial on its musical offerings with a new AI-powered Premium streaming platform.
Jay-Z’s Tidal is accused of faking subscriber numbers and streams to boost Beyoncé and Kanye West’s numbers for false payouts.
Last week, Sony, who easily held the biggest stake in Spotify, sold about half its shares for close to $750m. Then, yesterday, Warner Music Group followed suit.
Research shows that the success of ad-based and subscription-based models varies by user age -- and that young people are a lot less susceptible to ad bullying.