New Year, New Features From OpenPlay; Mdundo Hits 30.8M Monthly Active Users; Spotify Paid $9B+ to the Music Industry in 2023
1878 | Your Daily Dose of Music Streaming News
Designed from the start as a ‘different kind of enterprise software company,’ OpenPlay connects practices and methodologies from the startup ecosystem and applies them to the challenges faced by major, multi-national companies.
It turns out Spotify wasn’t quite done with announcing big numbers this week after publishing its latest financial results on Tuesday.
This marks a 16% increase from June 30, 2023, when the company’s MAU stood at 26.6 million, and puts the company well on track to achieve its goal of 50 million MAUs by 2025, the company said on Wednesday (February 7).
Ahead of our upcoming webinar on the benefits of AI search technology, we sat down with AIMS API’s co-founder Einar Helde to discuss the complexities of music search and the game changing tools that are transforming workflows for music licensees and licensors alike.
UK collective management organisation PPL has announced its 2023 financials, and it’s the latest example of a CMO breaking its own records.
Why does it matter how many videos online contain music? Because music is copyrighted content and has to be licensed and paid for. When users include music in their videos – especially when those videos contribute to revenue – they are benefitting from someone else’s work.
The findings have been attributed to the city’s “diverse and vibrant cultural scene, world-class recording studios, and a long history of fostering musical communities”.
Unfortunately for Spotify, the death of Apple’s ‘app tax’ was rather prematurely celebrated by Daniel Ek’s company. Instead, Spotify now says that it has no choice but to continue to pay Apple’s 30% ‘app tax’, rather than pushing its users to alternative means of paying for subscriptions on Apple devices.
In this expanded display space how will broadcast radio – once the center ring of entertainment in cars – even get noticed?
Salt, a UK-based royalty processing firm described as the “music society back-office SaaS platform for processing and distributing rightsholder royalties” has raised a new round of funding.
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