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12m artists uploaded music to Spotify last year. Less than 0.6% generated $10,000 or more in royalties.
Spotify has published the latest edition of its annual Loud & Clear music economics report Source...

Metallica’s Mexico concert is coming to Apple’s Vision Pro headset
Apple deployed 14 Immersive Video cameras to capture Metallica’s Mexico City concert Source...

OpenPlay launches music distribution and monetization service led by industry veteran Bob Barbiere
Barbiere brings extensive experience in music tech and rights management from executive roles at Dubset Media Holdings and Pex Source...

AEG Presents promotes seven execs to SVP roles in Global Partnerships division
Andrew Bersch, Holli Branam, Bret Heiman, Alex McArthur, Samantha Fernandez, Brianne Grimley and Eric Kohler are now SVPs Source...

Concord to acquire Stem in $50m+ deal, say MBW sources
We also hear that Raine Group is in the middle of it. Source...

Elizabeth Rodda promoted to President of US Latin, Latin America and Global Society Relations at peermusic
The Miami-based executive will now oversee the company’s Latin initiatives and new signings across the US and Puerto Rico. Source...