spotify
Spotify released figures on Tuesday on how artists generate money on its music streaming service. Between 4 million and 5 million listeners per month, or between 20 million and 25 million monthly streams, will generate around $1 million for musicians, the music streaming market leader said. Last year, more than 1,250 artists managed to break the $1 million mark, well up on the 1,060 who did so in 2022. A remarkable fact was that more than 1,000 of the 1,250 did not have a Top 50 hit on the services global rankings. "Many of the artists who generated at least $1 million on Spotify in 2023 aren'...
DPA International
Around two years after Neil Young pulled his catalogue from Spotify in response to its hosting of controversial podcasts from presenter Joe Rogan, the Canadian folk rock star once again is back on the streaming platform. "Spotify, where you get less quality than we made, will now be home of my music again," Young posted on his website, criticizing the relatively low sound quality offered by Spotify compared some platforms offering higher quality audio streams. At the beginning of 2022, the musician had withdrawn his music on the grounds that he did not want to be present on a platform that was...
DPA International
The European Commission has fined Apple €1.8 billion ($2 billion) for imposing unfair restrictions on competitors to its music streaming service, Apple Music, following a complaint by Spotify. Apple device users in the European Union "were not able to make a free choice as to where, how and at what prices to buy music streaming subscriptions," EU competition chief Margarethe Vestager said in a press conference on Monday. The fine - which Apple said it will appeal to EU courts - relates to its practice of charging companies a 30% fee for sales made in apps provided through Apple's App Store, to...
DPA International
The European Commission has fined Apple €1.8 billion ($2 billion) for unfair competitive practices involving its music streaming service, Apple Music, following a complaint by Spotify. Apple device users in the European Union "were not able to make a free choice as to where, how and at what prices to buy music streaming subscriptions," EU competition chief Margarethe Vestager said in a press conference on Monday. The fine relates to Apple's practice of charging companies a 30% fee for sales made through apps running on Apple's iOS operating system for iPhones and iPads. Companies that want to ...
DPA International
The European Commission has fined Apple €1.8 billion ($2 billion) for unfair competitive practices involving its music streaming service, Apple Music, following a complaint by Spotify. Apple device users in the European Union "were not able to make a free choice as to where, how and at what prices to buy music streaming subscriptions," EU competition chief Margarethe Vestager said in a press conference on Monday. The fine relates to Apple's practice of charging companies a 30% fee for sales made through apps running on Apple's iOS operating system for iPhones and iPads. Companies that want to ...
DPA International
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