February, 2024

Spotify has added 10 million paying subscribers this year. So has Tencent Music.
TME has half the paying subscriber base of Spotify, but has kept pace with Spotify's growth Source...

UnitedMasters launches new $20-a-year subscription tier that allows artists to keep 100% of royalties
Once again, the indie artist services and distribution platform is bringing down the cost of doing business for artists Source...

Roblox strikes deal with DistroKid – but indie artists won’t be paid any money from it
Roblox revenues are forecast to hit $3.5bn across the course of this year Source...

Capitalizing on superfans, SoundCloud ventures into merch with SoundCloud Store
It's the latest in a series of fan-focused innovations at the music streaming service Source...

Stray Kids label JYP Entertainment generated $70m in Q2, down 37% YoY
JYP Entertainment has published its financial results for the three months ended June 30 Source...

Key Songs in the Life Of… Lylette Pizarro
Lylette Pizarro, founder of Influence Media Partners, selects the magnificent seven songs that tell the story of her life and career to date Source...

Deezer and DAZN strike multi-market partnership offering users access to premium music and sports content
Global expansion is planned after initial launch in France, beginning with Germany, Austria and Switzerland Source...

Tencent Music’s ‘Super VIP’ tier costs 5 times as much as a regular subscription. Spotify could learn a lot from it.
If Spotify is wondering what features to include in its new "Super-Premium" tier, it may want to look at China's Tencent Music Entertainment Source...

The Benefits of Direct Artist-Fan Relationships
Explore the benefits of direct artist-fan relationships and how eliminating middlemen enhances revenue, creative control, and engagement for artists while providing fans with exclusive access and mean...

Louis Bloom on Island Records, his mentors, his values, and his ambitions
Island Records is enjoying quite a moment, quite a year, quite a run. UK President Louis Bloom speaks to MBW Source...

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