The Trump administration fired US Copyright Office head Shira Perlmutter; her office had raised concerns about using copyrighted content to train AI models
stoking fears about deregulation of AI Committee on House Administration : Morelle's Statement on Abrupt Firing of Shira Perlmutter, Register of Copyrights Dennis Crouch / Patently-O : Transformative ...
RIAA: US paid music streaming subscriptions hit 100M in 2024; streaming revenue grew 4% YoY to $14.9B; revenue from ad-supported services fell 2% to $1.8B
But Overall Streaming Revenue Grew Only 3.6%, RIAA 2024 Report Says Erik Pedersen / Deadline : U.S. Paid Music Subscriptions Top 100M For First Time As Vinyl Surge Continues In 2024 Tim Ingham / Music...
Spotify says CFO Paul Vogel plans to leave on March 31, 2024, and launches a search for a successor; Daniel Ek wants a CFO “with a different mix of experiences”
now he, too, is out of a job Podnews : Spotify's CFO Paul Vogel quits (with $12.6mn) South China Morning Post : Spotify's CFO to leave in another executive departure as major job cuts hit upper manage...
UK-based MelodyVR, which creates immersive live music for VR headsets and phones, acquires Rhapsody International, owner of Napster, from RealNetworks for $70M
The saga of Napster has taken an interesting turn … Tim Ingham / Music Business Worldwide : Napster sold to MelodyVR in $70m deal, including $44m owed to record labels and other partners James Booth /...
SoundCloud's filing in the UK shows its 2018 revenue grew 19% YoY to ~$127M, with operating losses dropping to $38.7M
Tim Ingham / Music Business Worldwide :
A look at 5 initiatives Spotify has abandoned: original video content, its hateful conduct policy, Spotify apps, direct music distribution, and Spotify Running
Tim Ingham / Rolling Stone :