Business of Music

Spotify Technology SA (NYSE: SPOT) anticipates positive changes with the European Union's Digital Markets Act (DMA), set to roll out on March 7. The DMA is expected to enforce new rules for iOS app developers, allowing Spotify to share details about deals, promotions, and payment options within...

The European Parliament has called for fair and sustainable rules in the music streaming industry. In a resolution passed with strong support (532 votes to 61, with 33 abstentions), the Parliament urges the creation of EU regulations to tackle current imbalances in the sector. See Also: ...

Argentine producer Bizarrap has once again captivated fans with the release of the latest installment in his renowned "BZRP Music Sessions" series. This time around, he collaborates with Puerto Rican artist Young Miko, creating a compelling musical journey that delves into the rising star...

In 2023, the U.K. witnessed a remarkable surge in vinyl sales, reaching the highest level since 1990. According to the British Phonographic Industry (BPI), vinyl sales increased by 11.7%, totaling 5.9 million units and marking the 16th consecutive year of growth in this sector. Taylor Swift's...

In 2023, Taylor Swift continued her phenomenal run in the American music scene, reaching unprecedented milestones. Most notably, her album "1989 (Taylor’s Version)" has reclaimed the No. 1 spot on Billboard 200, marking her 67th week in total atop the chart throughout her career....

Apple Inc's (NASDAQ: AAPL) Apple Music is currently offering a holiday deal for new subscribers until Jan. 8, 2024, granting three months of free streaming upon sign-up, an extension from the usual one-month trial. Priced at $10.99 per month for individual subscribers, Apple Music offers high-...

Taylor Swift's Eras Tour has broken a Guinness World Record, grossing over $1.04 billion, surpassing Elton John's previous record for the highest-grossing music tour. Spanning from March 2023 to December 2024 across 151 shows globally, the tour has drawn immense crowds, averaging 72,000...

In Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google's annual 'Year in Search' report for 2023, the platform unveiled fascinating insights into the most sought-after musicians and songs that captivated global attention. Topping the list of most-searched musicians worldwide was...

Take-Two Interactive Software Inc's (NASDAQ: TTWO) Rockstar Games recently unveiled the first trailer for Grand Theft Auto VI (GTA 6), the highly anticipated sequel to GTA 5, generating immense attention. Alongside the trailer's skyrocketing views, it featured the Tom Petty song...

The release of Take-Two Interactive Software Inc's (NASDAQ: TTWO) Grand Theft Auto 6 (GTA 6) trailer sparked fervent speculation among fans, particularly about the significance of the featured song, Tom Petty's "Love Is A Long Road." The trailer showcased a modern-day...

Spotify Technology SA (NYSE: SPOT) shares are currently trading $196.03 — up 0.96% in the past 24 hours. The spike occurred after the digital music service announced mass layoffs, or roughly 17% of its workforce. This is Spotify's third reduction in the last year. Spotify CEO Daniel Ek...

Sony Group Corp.'s (NYSE: SONY) Sony Music, Universal Music Group NV (OTC: UMGNF), and Warner Music Group Corp. (NASDAQ: WMG) have united to form the Music Industry Climate Collective (MICC) in anticipation of the United Nations Climate Change Conference in Dubai. The MICC aims to confront...

Reggaeton and Latin rap artist Bad Bunny has taken the music world by storm with his unique sound and style. The Puerto Rican rapper and singer is credited with helping Spanish-language music achieve mainstream popularity in the worldwide market, and he has been making waves since his breakout hit...

The world's hip-hop culture is set for a momentous occasion on Dec. 2, as the Movistar Arena in Bogotá becomes the battleground for the highly anticipated Red Bull Batalla 2023 International Finals. This event is revered globally as the foremost Spanish-language improvisation competition...

Epic Games recently confirmed Eminem's participation in Fortnite's Big Bang event, revealing that the rapper will be featured in the game, offering players the chance to purchase skins resembling Slim Shady. The American rapper confirmed the news on his X account, posting a promotional...