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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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Napster just sold for $207 million

Engadget

We just dont see anybody in the streaming space creating spaces for music. Napster holds numerous licenses to stream millions of songs, which is what made it an attractive prospect to Infinite Reality. As an example, he described a reggae artist who might enjoy a virtual beach environment. . "The most legendary collab?!

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professionals

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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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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?!” Square, Inc.,

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This music streamer is giving its users a version of Spotify Wrapped every month

Fast Company Tech

With music streaming, users have gotten used to being at the mercy of algorithms. The company has stepped up efforts to stand out in a competitive streaming landscape with both users and artists. But French music streamer Deezer is making it easier for its subscribers to make the algorithm work for them.

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SAG Awards 2025: How and when to watch Hollywood’s most heartfelt tribute to actors

Fast Company Tech

The Screen Actors Guild Awards, hosted by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA), is set to take place tonight (Sunday, February 23) at 8 p.m. Another alternative is to stream People and Entertainment Weekly s live-streamed coverage on YouTube. Tune into Netflix at 8 p.m.

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Bandcamp adds ticketed live streams for virtual concerts

The Verge

Bandcamp launched a ticketed live stream service for virtual concerts yesterday called Bandcamp Live. The streaming service lets artists make money from live performances online, and may help some of the independent musicians who favor Bandcamp recoup money lost in canceled tours. Image: Bandcamp.

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