A roundup of every label, streamer and other major music company's second quarter earnings results in one place.
The streamer's chief innovation officer and director of research talk about AI-generated spam, its new tagging system and more.
The Paris-based streamer saw a 1.1% increase in revenue to 134 million euros ($145.08 million).
The French streamer now claims 20,000 fully AI-generated tracks, amounting to 18% of daily uploads, are delivered to the platform each day.
As some streamers downgrade streams for white noise, a debate has arisen between those who believe "noise" has value and those who feel it takes away from traditional musicians.
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.
To support human-made music, the French streaming service says it's now developing a tagging system to remove fully AI tracks from algorithmic recommendations.
The streaming service and PRO, both based in France, have struck a deal to bring a model championed by UMG to the publishing sector.
Also this week: Soundstripe partners with Orfium and others for a "click-to-license" platform, an Audacy radio station will be powered by Super Hi-Fi's AI platform, and more.
The French streaming platform continues its expansion in Brazil, Latin America and the United States with a new organizational structure.
