Spotify
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MUSIC BUSINESS · ·Music Business Worldwide
Spotify Audiobooks+ Reaches $100M Annual Revenue
Spotify has announced that its Audiobooks+ add-on reached $100 million in annual recurring revenue and over one million subscribers.
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MUSIC BUSINESS · ·Music Business Worldwide
Tomas Ericsson to Leave amra CEO Role
Tomas Ericsson will leave his role as amra CEO on January 1, 2027, when Robin Davies will become CEO and Ericsson will become chairman of the board.
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AI & MUSIC TECH · ·Music Business Worldwide
UMG Names Òscar Celma as Applied AI SVP
Universal Music Group has appointed former Spotify executive Òscar Celma as Senior Vice President of Applied AI and Machine Learning to lead the development of artificial intelligence applications across its global operations.
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MUSIC BUSINESS · ·Music Business Worldwide
US and UK Share of Superstar Artists Declines
Data from Chartmetric shows the United States and the United Kingdom have lost share among global superstar artists since 2021 as markets like India expand.
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AI & MUSIC TECH · ·Music Business Worldwide
Spotify Integrates With Meta's Muse AI Agent
Spotify detailed its integration with Meta's Muse, allowing users to play audio, save songs, create playlists and turn briefings, notes and ideas into saved audio through Muse.
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MUSIC BUSINESS · ·Music Business Worldwide
Spotify Adds Three Features to Reserved
Spotify is adding three new features to Reserved starting September 24, including personalized sharing cards, setlist playlists and a new in-app section.
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AI & MUSIC TECH · ·Music Business Worldwide
LANDR Expands Stream Fraud Detection System
LANDR expanded its stream fraud detection system with Mila as artificial streams flagged by Spotify dropped 95%.
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MUSIC BUSINESS · ·Rolling Stone
Music Industry Updates: Duetti, ORCA and Streaming
Duetti raises 200 million dollars for catalog acquisitions.
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MUSIC BUSINESS · ·Stereogum
Sylvan Esso Returns to Spotify and Releases New Album
After leaving Spotify for a year to protest Daniel Ek's Helsing investment, Sylvan Esso returned to the platform because they could not support their crew without its revenue, while also releasing their new album Ow ∞ through Psychic Hotline.
