After 11 years in relative obscurity, Stageit found a huge audience.
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.