music tech news

QUICK HITS: SiX18 + TKO • RSD + Tragically Hip • Vetfi + Downtown • So So Def + Create • Hangout FM + Beatdapp

Music promoter, marketing, and branding specialist Clay Busch has launched SiX18 Media, an agency focused on broadening artist and creator influence and revenue streams…

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Spotify [NYSE: SPOT] stock up 8% in the last two days

Spotify stock closed Tuesday at $231.92, up $8.67, a gain of 3.88%. Earlier in the day NYSE: SPOT was up as much as 8.64% after the streamer delivered a strong Q4 2023 report.

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Spotify, WMG, Deezer execs on artist-centric payments, streaming fraud and ‘the new free goods’

Executives from Spotify, Deezer, Warner Music Group and more share some candid comments on artist centritc royalties, streaming fraud and more on a recent panel…

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Half of all Grammy 2024 winners were independent!

Half of 2024 Grammy winners were on independent labels, according to A2IM (American Association of Independent Music), including 4AD, Candid, Concord, Cosmica Artists, Craft, EMPIRE, Fantasy, Loma Vista Recordings, Mack Avenue, Reach Records, Single Lock, and Thirty Tigers…

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Spotify

Four big music takeaways from Spotify’s earnings call

While Spotify’s Q4 earnings call focused more on podcasts, audiobooks, and bottom-line numbers than music, there were still some critical music-related takeaways.

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Spotify active users

Spotify passes 602 Million Monthly Active Users

Spotify added 28 million Monthly Active Users (MAUs), including 10 million paid users, in the last three months, the second-largest-ever Q4 gain.

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Luminate acquires Artist ID database Quansic

Music and entertainment data provider Luminate, whose clients include Billboard and its popular Charts, has acquired Quansic, a global music artist identification service.

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Mogul ‘always on’ royalty tracking for musicians launches with $1.9M funding

Newly launched Mogul tracks dozens of input and income streams, including PROs, distributors, labels, and music publishers, to let artists and managers see their entire business in one place. While. Continue reading

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New Apple royalties favor Majors at the expense of independent artists, say indie labels

indendent labels and artists are upset by what they say is the unfair advantage that Apple Music gave major record labels with its recent 10% increase in royalty payments for. Continue reading

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Is Threads dead? No, say 130 million active users

Threads launched with a bang. Thirty million signups in its first 24 hours, then 100 million in less than a month, and then an apparent falloff in user interest. Did. Continue reading

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