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Napster just sold for $207 million

Engadget

The once-iconic music-sharing platform Napster just sold for $207 million, according to reporting by CNBC. More specifically, the company plans on creating virtual 3D spaces for music fans to attend concerts and listening parties, in addition to creating a sales platform for musicians and labels to sell merch.

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Spotify tries to defend its artist payout rates

Engadget

It's no secret that Spotify isn't a big money maker for most artists. But, in its annual Loud & Clear report , the music streamer is trying to change the narrative, reiterating an earlier claim that it paid artists $10 billion in 2024 ($60 million since launching) and adding that these payments increased tenfold over the last 10 years.

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Apple Music pays a penny per stream

The Verge

Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company posted on its artist dashboard and first reported by the Wall Street Journal. Announcing a penny-per-stream rate is a nice PR win for Apple Music, since it is 1. very simple and 2.

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The best music streaming services in 2025

Engadget

Theres no such thing as one best music streaming service. Most of these apps are designed around the same principles and provide access to a huge music catalog. Pretty much none of them are paying artists properly, yet nearly all of them are steadily raising prices.

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Record labels demand streaming providers block AI music scraping

TechSpot

Universal Music Group wants music streaming platforms like Apple Music and Spotify to block AI services from scraping melodies and lyrics. Read Entire Article

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Amazon Music Unlimited now lets you stream music videos

The Verge

Amazon is adding a large vault of music videos to its Amazon Music Unlimited service. Unlike some competitors like YouTube Music, Amazon’s videos are only available to paying subscribers, according to Android Police — not listeners on the ad-sponsored free tier. There will also be music video playlists to watch through.

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Jack Dorsey’s Square, Inc. is buying a majority stake in Jay-Z’s streaming service Tidal

The Verge

the financial services company founded by Twitter CEO Jack Dorsey, is acquiring a majority stake in Tidal, the high-fidelity audio and video streaming service led by Jay-Z. Asking the obvious question in a thread on Twitter, Dorsey said : “Why would a music streaming company and a financial services company join forces?!”

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