Music Business News You Missed Over The Christmas Break
A quick roundup of the most important music business news you missed over the Christmas break.
- Major Music Legislation pulled from final Federal Funding Bill (Hypebot)
- The Ghosts in the Machine: Spotify’s plot against musicians (Harper’s Magazine)
- DistroKid Union Petition: 4300 Artists Rally for Workers’ Rights (Hypebot)
- Spotify executives cash in as streaming service stock price soars – Company co-founders reaped $900mn in gains this year (Financial Times)
- Indies sound alarm after UMG Downtown and PIAS acquisitions (Hypebot)
- Is There Any Escape from the Spotify Syndrome? -The history of recorded music is now at our fingertips. But the streamer’s algorithmic skill at giving us what we like may keep us from what we’ll love. (New Yorker)
Bruce Houghton