According to Epidemic Sound CEO Oscar Höglund, his (alleged) ‘fake artists’ on Spotify earn five-digit pound sums for their works. So, does Spotify create ‘fake artists’ to avoid paying real ones? According to the streaming […]
Tag: spotify
Spotify Is Worth $16 Billion And I’m Getting Scared
Spotify Is Worth $16 Billion And I’m Getting Scared In private trading, Spotify is now reportedly worth $16 billion. But when’s the profitability part? Top executives jumping ship.  Years in operation without a profit.  Multiple […]
Spotify Reaches 150 Million Active Users (and Nearly 65 Million Subscribers)
Spotify has just crossed a massive milestone: 150 million active users worldwide.  It’s also rapidly approaching 65 million paying subscribers. Here’s another reason why Spotify is fighting back against music publishers.  They’re monstrously huge!  Which means […]
Guess Which Music Company Has a $10 Billion Valuation Before Its IPO? (Hint: It’s Not Spotify)
The music industry’s $10 billion darling isn’t from Sweden.  And it isn’t from America, either. According a new report published by Bloomberg, there’s a music company that is actively seeking funding at a $10 billion […]
Surprise! Spotify Says They Don’t Owe Anything for ‘Mechanicals’
Surprise! Spotify Says They Don’t Owe Anything for ‘Mechanicals’ Looks like Spotify has a totally different game plan for dealing with pesky publishers and songwriters.  So you can take your ‘mechanical’ license and… If you’re […]
Spotify, YouTube Music to End Free Streaming In 2-3 Years, Sources Say
Free streaming contributes a pittance to the overall music industry.  So why not just kill it? Right now, the music industry is losing its war against YouTube.  But maybe that’s because they haven’t yet deployed […]
Google, CD Baby, Deezer Join Spotify by Removing Neo-Nazi Bands
Google, CD Baby, Deezer, and Spotify say “NO†to hate-filled music on their platforms. In the wake of deadly neo-nazi protests in Charlottesville, Digital Music News found that users on Spotify could easily stream music from thirty-seven […]
Spotify Allegedly Creates Fake Artists to Avoid Paying Real Ones
Along with spammers and coverbots, has Spotify also gamed the music industry and artists’ fans?  According to a new report, they may very well have. Kendrick Lamar’s “Humble†recently reached number one on Billboard’s streaming […]