Qobuz Releases Its Per-Stream Royalty Rate, a First for a Streaming Platform
The French music streaming service paid out an average of $0.018732 per stream in the year ended March 31, 2024. …
Business, China, earnings, earnings report, Global, Music, Music News, Streaming, Tencent Music Entertainment
Tencent Music Entertainment Revenue Grew 8% to $1B in Q4 as Subscribers Reach 121 Million
The company also announced a $273 million dividend and a $1 billion share repurchase program. …
Deezer Breaks Even With 12% Revenue Jump, Beating Guidance
The Paris-based streaming platform reported 7 million euros of free cash flow after breaking even in the second half of its fiscal year 2024. …
Stationhead Unveils E-Commerce Function Allowing Artists to Sell Merch Directly on the Platform
Stationhead Shop, an integration with Shopify, will offer data insights and fan engagement features to artists including voice drops, live streams and push notifications. …
How Much Is a Hit Song Worth Today v. 1999? It’s Complicated
Streaming has helped the music industry generate more money than at any point since 1999, but hit songs used to drive album sales. …
Playboi Carti’s ‘MUSIC’ Album Breaks Spotify Record
The Atlanta rapper’s long-awaited third album arrived on March 14. …
A Stream is Not a Stream: How Geography Affects the Economics of Music Streaming
Spotify’s latest Loud & Clear report underscored the point: In the digital era, where you live is a form of arbitrage. …
Which Rock Bands Have Reached the 1 Billion Stream Per Year Mark? Not As Many As You’d Think
Some of the biggest-selling rock artists in the world are not reaching benchmarks that many R&B/hip-hop and pop acts are clearing regularly. …
Global Recorded Music Revenue and Streaming Grew More Slowly in 2024
Expanded rights, artist direct, non-major labels and Sony Music all gained share last year, according to MIDiA Research. …
Genre Report: Can the Ambient Music Boom Withstand AI?
Ambient music has been on the rise in the streaming era. But with royalty reform and the threat of AI-generated sounds, its future is still uncertain. …