Bifurcation Theory: How the music business is splitting in two [Mark Mulligan]

Mark Mulligan of MIDiA Research writes that the music industry is splitting in two, and AI is acting as the accelerant……

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Spotify stock up 11.4%, analysts raise targets as streamer turns profit

Spotify [NYSE: SPOT] stock surged Tuesday on news that the streamer had turned profitable despite slower-than-expected user growth in Q1 2024. Shares closed the day at $303.31, up 11.41% and key analysts responded by raising their target prices…..

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Hypebot,com

MUSIC BUSINESS NEWS: Spotify stock soars • US TikTok ban passes, EU eyes app • Uproxx goes indie • Sonos app update • Internet Archives argues fair use • More

WEDNESDAY 4.24.24 • Music Business News Updated Continuously Under The MORE NEWS TAB Above

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Changes to the Latin Grammy Awards: How to Submit, New Categories & More

The Latin Recording Academy has made a number of changes to the 25th Annual Latin GRAMMY Awards process. Read more on how to submit, eligibility requirements, new categories, and amendments below…..

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Indie artist Beks bites back after falling victim $4800 Coachella Scam

LA-based Australian independent dance-pop artist Beks shares how she says she was scammed by a man who claimed to be a “seven-times Grammy Award-nominated producer” and artist developer…..

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Congress eyes AM Radio mandates while ignoring compensation for Artists

Will radio’s free ride ever end? Chris Castle discusses U.S. Senator Markey’s proposal to equip all vehicles with AM radios, highlighting concerns over its impact on car manufacturing and fair artist compensation in radio broadcasting…..

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Discogs hosts post-Record Store Day online sale of all the vinyl you missed

Music collectors hub Discogs is hosting the first official post-Record Store Day event that allows independent retailers and music fans to purchase special releases they may have missed on Saturday…..

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Your Morning Coffee Podcast: UMG, TikTok talk • Swift’s surprise return • Spotify changes songwriter royalties • More

Episode 193 of Jay Gilbert and Mike Etchart’s podcast Your Morning Coffee: Weekly News for the New Music Business is available now. Listen here……

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Rock & Roll Hall of Fame 2024 Winners: Ozzy, Cher, Matthews, MC5, Mayal & More

The Rock & Roll Hall of Fame announced its 2024 inductees late Sunday and the eclectic list of winners came with a few surprises including Jimmy Buffet, who was not even on the ballot…..

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TOP POSTS: Last week’s most-read posts on Hypebot

Catch up on what everybody has been talking about over the last week with Hypebot’s most-read posts. We’ve got topics ranging from big names merging, to marketing lessons from K-Pop stars, and more…..

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