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.
The DSP says there’s “potential” for more price increases after two hikes in recent years.
Lanternier's "expertise will be invaluable in navigating the evolving streaming landscape and delivering experiences to our users," said Iris Knobloch, chair of the board of directors.
