The platform is pointing the way forward for monetizing artists’ fan bases on social media, but there are questions about its fairness.
Only a year after the launch of the app, which failed to take off with its intended audience, the company decided to re-emphasize its strong suit: in-car listening.
With investors increasingly focused on streaming gains, the Big Three are looking at ways to supercharge subscriber growth in the U.S. and emerging markets.
This year, Live Nation has seen a marked increase in revenue from VIP experiences — and the strategy is catching on in other areas of the business as well.
Independent artists and labels had a 46.7% share of the global recorded music business in 2023, according to a new MIDiA Research report — 11 points higher than their U.S. share.
As streaming growth slows in mature markets, the majors are increasingly looking to labels, catalogs and services in emerging markets overseas.
Radio programmers quickly stopped playing Combs’ music after lawsuits surfaced. His streams dropped, too, although not as drastically.
Two decades ago, the business endured huge layoffs amid a painful period of sales decline. This time, experts say the industry’s cyclical nature is more to blame.
Experts say an improvement in COVID-era supply chain issues should be good news for physical music purchasers — though other factors may lead to a continued creep in prices.
Label and publisher stocks that soared in 2023 are mostly down this year, as some souring indicators have created uncertainty among investors.
