The major record companies (and Merlin) saw their Spotify market share fall again in 2023. But even before ‘artist-centric’ changes, the decline started slowing. – Uptrends

The major record companies (and Merlin) saw their Spotify market share fall again in 2023. But even before ‘artist-centric’ changes, the decline started slowing. – Uptrends

  There’s an interesting shift taking place in the power dynamic between ‘major’ music rightsholders and DIY aggregators on the world’s largest subscription music streaming service, Spotify. Spotify published its earnings for Q4 and FY 2023 last Tuesday (February 6), revealing that its Premium Subscriber base grew to 236 million paying users in Q4 2023 … Read more

The major record companies (and Merlin) saw their Spotify market share fall again in 2023. Yet even before ‘artist-centric’ changes, this decline started slowing. – Uptrends

The major record companies (and Merlin) saw their Spotify market share fall again in 2023. But even before ‘artist-centric’ changes, the decline started slowing. – Uptrends

  There’s an interesting shift taking place in the power dynamic between ‘major’ music rightsholders and DIY aggregators on the world’s largest subscription music streaming service, Spotify. Spotify published its earnings for Q4 and FY 2023 last Tuesday (February 6), revealing that its Premium Subscriber base grew to 236 million paying users in Q4 2023 … Read more

Spotify paid out $9 billion to music rightsholders in 2023 – equivalent to 63% of its annual revenues – Uptrends

Spotify paid out  billion to music rightsholders in 2023 – equivalent to 63% of its annual revenues – Uptrends

  “Right now the CEO of TikTok is probably sitting at home watching this show, eating an ice-cream, crying, seeing all of his exes in one room. And you know what, TikTok? Shame on you. Shame on you for ripping off all of these artists. How dare you do that? [Pause] That’s Spotify‘s job.” Daniel … Read more