Apple Music seems to have a new marketing campaign: Humble bragging that it offers Neil Young‘s music. The corporate snark comes after Spotify, Apple Music’s largest competitor, was forced to remove the singer’s catalog due to his objections over the platform allowing Covid misinformation to be broadcast on Joe Rogan‘s …
Read More »If Universal Music Sells Its Spotify Stock Right Now, Artists Get $500 Million
As controversial as it is to talk about in the music industry, major record labels of the world still own sizable chunks in Spotify. But there’s a case to be made about why they should sell their billions of dollars’ worth in shares — and specifically now. It started in …
Read More »Is the Music Industry Too Optimistic About India's Potential?
The founder of distribution and artist tools platform Stem, Milana Rabkin Lewis, made a fun suggestion on Twitter last week — an industry book club entirely focused on IPO filings, with Warner Music Group‘s S1/A as the first assignment. Warner’s S1/A is the dense, 190-pages-plus SEC filing that just officially …
Read More »Who Will Own Spotify in Five Years?
Spotify is proud of its independent status. Yes, the $26 billion-valued streaming service is partially owned by a raft of corporate giants, from Tencent (9.2 percent) to Baillie Gifford (9.7), TCV (5.3) and Tiger Global (7.1). And, yes, Spotify raised $1 billion in convertible debt three years ago, via the …
Read More »Chelsea Cutler Discovers the Sexy Side of Justin Timberlake's 'Summer Love'
Like many rising pop stars in the YouTube generation, Chelsea Cutler said cover songs played a fundamental role in her life. “The very first thing I did on LogicPro, learning how to produce, was a ton of covers,” the 22-year-old pop singer said on last week’s Spotify Under Cover podcast. …
Read More »Yes, Hozier Really Did Cover 'Say My Name'
In the latest episode of Spotify’s Under Cover podcast, Hozier professed his love for Destiny’s Child. “If you have been living under a rock, under a fossil, under a cavern, under just some long-forgotten lava pool under the earth, if you’ve never heard it before, ‘Say My Name’ by Destiny’s …
Read More »How Spotify Is Trying to Take Over Nashville
Nashville has long been a town that preached one particular gospel: if you want to make it in country music, you have to break through on country radio. Slowly but surely, though, Spotify, along with other streaming-music services like Apple Music and Pandora, are trying to change that, investing huge …
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