SoundCloud is hoping to be a profitable business in 2023, but that’s going to involve further reducing its headcount.
Tag: Top Stories
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.