Music Industry News

Nadine Shah Says She Can’t Pay Rent Despite Having More Than 100,000 Spotify Monthly Listeners

Nadine Shah. Photo Credit: Paul Hudson Singer-songwriter Nadine Shah recently stated that she is struggling to pay her rent despite having more than 100,000 monthly listeners on Spotify. The 34-year-old Whitburn native Nadine Shah elaborated upon her Spotify earnings situation while addressing the Digital, Culture, Media and Sport Committee, as part of its ongoing probe […]

Music Industry News

Tencent Music Takes a Stake In Wave — Get Ready for Avatar Concerts In China

Tencent Music has made a “minority equity investment” in LA-based virtual-concert startup Wave. Tencent Music and Wave unveiled the investment and strategic partnership this afternoon, in a general release. Big-name backers including Scooter Braun, Alex Rodriguez, and Twitch cofounder Alex Lin participated in a $30 million Wave funding round over the summer. And upon announcing […]

Music Industry News

SoundCloud Introduces Verified Profiles — Here’s How to Get Your Blue Check

SoundCloud has introduced verified profiles to help “well-known artists stand out” and make it easier for fans to find authentic accounts. Plus, here’s a quick guide as to how you can secure a blue checkmark on your own SoundCloud profile. SoundCloud officials unveiled the profile-verification feature this morning, in a formal post that was shared […]

Music Industry News

Spotify Slammed for Openly Practicing Payola by European Songwriters

Earlier this month, Spotify revealed that it will allow artists and labels to influence listener recommendations at no upfront cost – provided that they accept a “promotional recording royalty rate” for the resulting plays. Now, the European Composer and Songwriter Alliance (ECSA) has slammed the payola practice. The ECSA, which represents more than 30,000 European […]

Music Industry News

Is YouTube Down? How to Check if the Video Site is Offline (And How To Fix It)

Photo Credit: Rachit Tank Is YouTube down right now? Yesterday the world’s largest video site experienced a massive crash. Here’s what happened. During the YouTube outage yesterday, many people reported being unable to watch videos or log in. YouTube confirmed a problem with its servers at around 7:23 EST. “If you’re having trouble watching videos […]

Music Industry News

Sonos Launches Paid, Lossless Quality Tier Called Sonos Radio HD

Sonos Radio is getting a new paid, lossless-quality audio tier – cheaper than other rivals. The speaker manufacturer graduated from just a hardware company to offering a streaming service of its own in April. Sonos Radio is an ad-supported service that offers a wide mixture of content. Live radio, genre-based stations, and artist-curated spotlight stations […]

Music Industry News

Audio Deepfakes Are Getting So Good, They Might Not Be Legal

Photo Credit: James Owen Convincing audio deepfakes have arrived in 2020 – but they’re falling into legal grey territory. Projects like OpenAI are feeding algorithms Frank Sinatra tracks to create new tunes featuring the singer’s velvet voice. OpenAI has created audio deepfakes of several popular artists, including Katy Perry, Elvis, Simon and Garfunkel, 2Pac, and […]

Music Industry News

Tencent Music Counts 51.7 Million Paying Subscribers, Enjoys Biggest Quarterly Surge Since 2016

Tencent Music experienced a 46 percent year-over-year increase in paid subscribers during 2020’s third quarter, with 51.7 million such listeners to its credit at September’s end. Tencent Music revealed this and other noteworthy performance stats today, in its third-quarter earnings report. Through July, August, and September of 2020, the Shenzhen-headquartered company – which operates the […]

Music Industry News

Spotify Drops $235 Million to Acquire Podcast Platform Megaphone

Photo Credit: Sara Kurfeß Spotify has made yet another multimillion-dollar podcasting investment, this time by acquiring podcast advertising and publishing platform Megaphone in a $235 million deal. Spotify unveiled the nearly quarter-billion-dollar acquisition this morning, via a general release. Characterizing the buyout as the “next step” in its comprehensive plan to capitalize upon (and monetize) […]