SoundCloud is hoping to be a profitable business in 2023, but that’s going to involve further reducing its headcount.
Tag: Top Stories
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Universal Music Group signs deal with AI-music startup Endel
Universal Music Group has signed a partnership with AI-music startup Endel, to create mood-music soundscapes with its artists.
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WMG hopes for recurring music-subscription price increases
Warner Music Group’s CFO wants music streaming services to plan recurring subscription price increases, not just one-off rises.
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Maria Schneider’s YouTube lawsuit denied class-action status
A lawsuit filed against YouTube by Maria Schneider has been denied class-action status, but a trial is still due to begin on 12 June.
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TikTok challenges the US state of Montana over ban of its app
TikTok is hitting back with a lawsuit to overturn a planned ban of its app by the US state of Montana, due to start in January 2024.
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Streaming takedown of Palestinian artist’s song sparks criticism
A track by Palestinian artist Mohammad Assaf called ‘Ana Dammi Falastini’ has been removed from several streaming services.
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US music bodies hail new Supreme Court ruling on fair use
A US Supreme Court ruling concerning Andy Warhol has been hailed by music industry bodies as important for our industry too.
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Musician Maria Schneider’s YouTube lawsuit set for June trial
In 2020, musician and composer Maria Schneider filed a class action lawsuit against YouTube. The case is coming to trial this June.
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Sting slams AI music, predicts ‘battle we all have to fight’
Are you planning to talk about AI music in a positive context in the near future? You’d better not stand so close to Sting while doing so.
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Exclusive: TikTok tests direct streaming links with Apple Music
TikTok is testing a new feature that integrates its app directly with music streaming services, starting with Apple Music.
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OpenAI boss on music and AI-training: ‘Creators deserve control’
OpenAI boss Sam Altman has said his company supports the rights of musicians to control how their work is used to train AI models.
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94.4m people are now paid customers of Tencent Music in China
Chinese music-streaming giant Tencent Music showed decent growth in its financial results for the first quarter of 2023.