The global music copyright market reached $45.5B in 2023, an 11% rise driven by streaming and vinyl sales. Streaming platforms like Spotify and Tencent, along with major labels like UMG and Sony, fuel ...
In recent years, a narrative has emerged pitting streaming services against traditional music sales, particularly CDs and vinyl. Social media posts often circulate claiming that a single CD sale is ...
Today's music streaming services are experiencing stalled growth. 2026 will bring clues about what will succeed them.
Chicago-based internet radio pioneer AccuRadio, which launched its free music streaming service in 2000, filed for Chapter 11 bankruptcy protection Wednesday amid an ongoing legal dispute over artist ...
Nov 19 (Reuters) - Universal Music Group (UMG.AS), opens new tab, Sony Music (6758.T), opens new tab and Warner Music Group (UMG.AS), opens new tab have licensed their catalogs to Klay, an AI-powered ...
It sounds like a joke, or a bad episode of Black Mirror. A band of four guys with shaggy hair released two albums' worth of generic psych-rock songs back-to-back. The songs ended up on Spotify users' ...