Spotify CEO Addresses Profitability Concerns
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June 9, 2022
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Spotify CEO Daniel Ek has addressed the concerns of company investors that the audio-market has limited profitability. The company has stated that... Read More
Music Retail Sales Tipped To Reach $70 Billion In 2026
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May 30, 2022
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According to a new report published by Omdia, retail music sales are set to reach over $56 billion ($40 billion USD) by... Read More
Pink Floyd Look To Sell Catalogue
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May 11, 2022
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Following in the footsteps of artists such as Bob Dylan and Sting, British prog rock band Pink Floyd are toying with the... Read More
The Global Music Market Reached $26bn in 2021
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March 23, 2022
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2021 saw the global music market grow the fastest it ever had since records were first established in the 90s. Revenues soared... Read More
TikTok launches own digital music aggregator ‘SoundOn’
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March 10, 2022
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After proving to have a massive influence on music trends via their media app, TikTok have dived headfirst into the music industry... Read More
Spotify Crash Causes a Social Media Frenzy
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March 9, 2022
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Spotify was inundated with reports of users unable to use the music streaming service early this morning. Subscribers claimed to have issues... Read More
Female Gamers Overlooked In Music Stakes
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February 15, 2022
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The new Gaming + Music report by MRC Data shows females are 34 per cent more likely to listen to pop/top 40,... Read More
Square to Become Majority Owner of Jay-Z’s Tidal
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March 5, 2021
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Square, Jack Dorsey’s digital payments company, has announced that it will be acquiring a majority ownership stake in the music streaming service... Read More
Aussie-Owned Music Platform Snares $42M Raising
Aussie owned online music platform, Songtradr, has reportedly closed a $42 million capital raising, with the support of Rich Listers increasing talk... Read More
APRA Ordered To Improve Transparency Of Music Licensing & Royalties
The ACCC has required the Australasian Performing Right Association (APRA) to improve the transparency of its licensing fees and royalties. This is... Read More
