The Paris-based streaming platform reported 7 million euros of free cash flow after breaking even in the second half of its fiscal year 2024.
Streaming revenue accounted for 84% of the $17.7 billion generated last year.
In this week's Legal Beat, UMG hits back at Drake's defamation case, Live Nation loses an early battle with DOJ, Karol G faces infringement accusations and much more.
Stationhead Shop, an integration with Shopify, will offer data insights and fan engagement features to artists including voice drops, live streams and push notifications.
Best known for tracks like "next door" and "see through," the singer-songwriter's new single drops on Thursday (March 20).
The Irish cultural celebration will take over Boston's Suffolk Downs Sept. 6-7.
The venue will anchor a new River Park project featuring residential housing alongside office space, retail and restaurants.
Streaming has helped the music industry generate more money than at any point since 1999, but hit songs used to drive album sales.
The PRO also announced it will no longer charge an application fee for songwriters and composers who wish to join.
Zimmer will continue to serve on UTA's board, which will still be led by Paul Wachter.
