Warner Bros. Discovery has formed a $1 billion joint venture with UK-based Cutting Edge Group to license its movie and TV show music catalog. Unlike recent artist catalog sales, WBD retains ownership and creative control while generating substantial revenue. The…
Spotify paid a record $10 billion to the music industry in 2024, bringing its total payouts since 2006 to nearly $60 billion. The company estimates that over 10,000 artists now earn at least $100,000 annually on its platform, a significant…
Spotify and Universal Music Group have signed a multi-year deal to expand subscription tiers, bundled offerings, and audiovisual content, aiming to boost fan engagement and monetization. A new direct license with Universal Music Publishing Group enhances songwriter royalties, while Spotify…
LiveOne reports 450,000 Tesla owners stream content via its app, with 100,000 using the ad-supported tier. Despite Tesla ending subsidies for premium audio, the partnership continues through 2026, showcasing LiveOne's B2B success. CEO Rob Ellin hinted at new partnerships in…
TechCrunch analyzes how Spotify Wrapped has influenced a wave of year-in-review features streaming services. The "Wrapped" trend capitalizes on user engagement by delivering personalized insights, and reinforcing loyalty.
Drake’s feud with Kendrick Lamar just went full R.I.C.O. as he sues Universal Music Group for allegedly juicing streams of Lamar’s diss track Not Like Us with bots and payola. UMG fired back, calling the claims “contrived fairytales,” but it…
Sony Pictures faced mixed outcomes in Q2, with declines in home entertainment and theatrical revenues offset by strong growth in streaming and music. Group-wide, Sony’s net income surged 75%, driven by strategic gains in gaming and third-party content licensing. Sony’s…
Musi, a free music-streaming app, has filed a lawsuit against Apple, alleging the tech giant wrongfully removed it from the App Store based on unfounded complaints from YouTube. Musi claims YouTube falsely accused the app of violating its terms of…
XITE, the music video platform, has launched its CTV app on Vizio Smart TVs, allowing viewers to access its library of music videos and curated channels. Users can also create personalized playlists directly from their Vizio TVs, enhancing their music…
Deezer has introduced "Playlist with AI," a feature that allows 5% of its paid users to create custom playlists using text prompts. Following similar launches by Spotify, Amazon Music, and YouTube, this beta feature is powered by Google's Gemini 1.5…
