Posts tagged "music business"(Page 2)

UMG and SoundCloud in talks to develop stream based royalty model for artists

In the past ten years, streaming services like Spotify and Apple Music have revitalised the record industry, rescuing it from the decline it faced in the early 2000s due to a drop in physical music sales and the rise of digital piracy. However, as the streaming industry has matured, record

Soundtrap, a cloud-based music creation platform, is on its way to becoming an independent company once again. Spotify has announced its plans to sell the business back to its founders after nearly six years since its acquisition. In November 2017, the streaming giant acquired Soundtrap, which is based in Stockholm,

Various music organisations including the Union of Musicians and Allied Workers (UMAW), Secretly Group Union, the NYC-DSA, Bandcamp United, and the Music Workers Alliance gathered at the offices of Penske Media Corporation in New York last week. According to Pitchfork, they gathered for a rally in support of UMAW’s Fair

Content warning: This article discusses sexual harassment and could potentially be triggering for some readers.  According to a report by Deadline, well-known UK DJ Paul Oakenfold has been accused of sexual harassment in a lawsuit filed by his former personal assistant. The lawsuit was filed on June 2nd at the

In a move aimed at tackling the long-standing issue of fair pay for artists, a working group has been established in the UK to delve into the matter and propose potential solutions. The decision to form the industry working group came after a recommendation made earlier this year by the

SoundCloud, the popular streaming service and distribution company, has laid off 8% of its workforce in an effort to improve profitability, according to reports from Billboard, Variety, and Resident Advisor. The decision was made by SoundCloud’s CEO Eliah Seton, who took on the role in March. This marks the second

Spotify’s contentious new feature, Spotify DJ, is now available to paid users in the UK and Ireland. Developed in collaboration with Sonantic, a voice technology company, and OpenAI, Spotify DJ aims to provide a more personalised listening experience. While AI has long powered Spotify’s recommendation algorithms, this feature takes it

Apple has introduced a new feature in its Apple Maps and Apple Music apps that enables users to discover concerts in select locations worldwide. Called Apple Music Guides, this concert discovery feature utilises information from Bandsintown and currently includes 10 cities, including Chicago, Los Angeles, London, and Paris. The feature

Google has confirmed that it will not delete inactive YouTube accounts, contrary to recent concerns. Previously, there were worries that the company’s statement about permanently deleting accounts inactive for over two years could result in the removal of significant portions of YouTube’s music archives, including original and rare music uploads.

After 36 years of operation, MTV News is closing down following a wave of layoffs, as reported by The Hollywood Reporter, Pitchfork, and Variety. Approximately 25% of employees across MTV Entertainment Studios, Paramount Media Networks, and Showtime were let go on Tuesday, marking another round of significant job cuts for

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