Music

The global music industry has experienced a notable increase in streaming activity during the first half of 2024 According to Luminate's Midyear Report, over 1 trillion streams were achieved at a record pace, reaching this milestone ten days earlier compared to the previous year. See Also: Karol G...

Taylor Swift and TikTok have recently expanded their collaboration following a brief hiatus earlier this year when her music was temporarily unavailable on the platform due to a licensing dispute with Universal Music Group NV (OTC:UMGNF). The new initiative celebrates Swift’s record-breaking...

Sony Group Corp. (NYSE:SONY) is poised to acquire Queen’s music catalog in a groundbreaking deal worth £1 billion (US$1.27 billion). According to Hits‘ Rumor Mill, Sony Music Entertainment will secure Queen's recording and publishing rights. The deal, later confirmed by Variety,...

Two years ago, questions emerged about whether TikTok was evolving into a record company. The video platform — owned by Beijing-based ByteDance Ltd. — launched the SoundOn music distribution service and hired Artists & Repertoire executives. On Tuesday, June 18, Music Business Worldwide (MBW)...

Spotify Technology (NYSE:SPOT) has a new, more expensive premium plan for music lovers. What Happened: According to Bloomberg, subscribers would pay at least $5 more monthly for the plan. The new offering, set for later this year, features access to improved audio. It also offers new capabilities...

Music has always been a crucial part of video games, enhancing immersion and adding depth to virtual worlds. Think about it: from the catchy Super Mario Bros. theme to the unforgettable Tetris melody, some video game tunes are as iconic as the games themselves. See Also: Gamers Ditch Strategy:...

Eminem is stirring up anticipation for his upcoming album, “The Death of Slim Shady,” slated for release this summer. Despite no singles being dropped yet, the rollout is underway, marked by attention-grabbing tactics like a faux obituary for Slim Shady placed as an ad in the Detroit...

The Department of Justice filed an antitrust lawsuit against Live Nation Entertainment (NYSE:LYV), which sent shares down during the week. Analysts react to the news and share what's ahead for the entertainment company. The LYV Analysts: Guggenheim analyst Curry Baker has a Buy rating and $128...

Balenciaga‘s latest release pays homage to BFRND, a groundbreaking artist whose music has been the backdrop for Balenciaga’s shows since 2017. This collaboration is part of the Balenciaga Music series, offering fans more than just merchandise — it’s a whole experience. See Also:...

The TICKET Act sailed through the House with a commanding vote of 388-24 on Wednesday. This legislative proposal seeks to revolutionize the ticket-selling landscape by mandating upfront disclosure of total prices, inclusive of all fees, and guaranteeing refunds in the event of cancellations or...

Latin music revenue in the U.S. hit a new high in 2023, reaching $1.4 billion, marking a significant 16% growth from the previous year. The Recording Industry Association of America (RIAA) reported Latin music’s market share in the overall U.S. music market also climbed to 7.9%, a new peak,...

Goldman Sachs analyst Eric Sheridan had a Neutral rating on Spotify Technology SA (NYSE:SPOT) with a price target of $277. Spotify reported fiscal first-quarter 2024 revenue growth of 20% year-on-year to $3.95 billion, beating the consensus of $3.85 billion. EPS...

Music streaming company Spotify Technology (NYSE:SPOT) reports first-quarter financial results before the market open Tuesday. Here are the key items to watch plus what analysts are saying. Spotify Earnings Estimates: Analysts expect Spotify to report first-quarter revenue of over $3.9 billion, and...

Taylor Swift‘s latest album, “The Tortured Poets Department” (TTPD), is breaking records left and right. Selling 1.6 million units in the U.S. on its first day, including 600,000 vinyl copies, TTPD is shaping up to be one of the biggest music releases in recent memory. Despite the...

Taylor Swift‘s latest album, “The Tortured Poets Department,” has joined forces with ByteDance’s TikTok. This marks a significant turnaround after Swift’s music was absent from the platform due to a dispute between Universal Music Group NV (OTC:UMGNF) and the popular...