Independent artists and labels account for half of Spotify's $9 billion payout to music industry

Spotify has revealed that it made a record payout of $4.5 billion to independent artists and labels in 2023. Significantly, it marks the first year ever that indies (including DIY artists) accounted for about half of what the entire industry generated on Spotify, which totalled $9 billion. “Streaming is levelling ...

UMPG songs are now being removed from TikTok

Global head of music operations Paul Hourican exits TikTok

TikTok rolls out Add To Music App in 163 more countries

Spotify integrates Bandsintown as it ends 13-year partnership with Songkick

Karta launches studio dedicated to in-game experiences in Zepeto platform

Karta has launched its own studio dedicated to creating bespoke in-game experiences in Zepeto, Asia’s largest metaverse platform. It follows the launch of Karta’s own Fortnite studio six ...

Spotify increases subscribers to 236 million in Q4 results

Spotify has exceeded the guidance on user numbers and subscribers for the Q4 period. Monthly active users increased by 23% year-on-year to 602 million. An extra 28m new ...

Downtown CEO and more weigh in on UMG-TikTok dispute

The music industry has been closely watching the dispute between UMG and TikTok that emerged in the past week. Just ahead of the Grammy celebrations, UMG’s recordings ...

MUSIC WEEK NEWS

With UMG hitting back at TikTok over artist remuneration, now the industry awaits an escalation...

YouTube Music and Premium passes 100 million subscribers

UMG pulls music from TikTok: 'We will always fight for our artists and songwriters'

Music industry trade bodies sign up to UK code of good practice on music streaming

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