Posts tagged "music business"(Page 4)

New Warner CEO says music is ‘undervalued,’ calls for streaming platforms to raise prices

Robert Kyncl, the new CEO of Warner Music, has called on music streaming platforms to raise their prices. Kyncl, who moved to Warner from YouTube at the beginning of the year, believes that music is undervalued compared to the film and TV industry.  Kyncl voiced his opinion while speaking at

Spotify faces criticism for 30% royalty deduction in exchange for exposure in Discovery Feed

Spotify, the popular music streaming service, has faced criticism from artists and other members of the music industry for reducing royalty payments on songs played through its Discovery feed.  Under the expanded plans of its Discovery Mode feature, Spotify will decrease royalty payments for streams in exchange for increased exposure

Spotify launches new AI-driven DJ feature

Spotify has launched a new feature within its app called DJ which aims to provide a personalised experience for users by using AI-powered technology.  The feature will offer a curated line-up of music and commentary around the tracks chosen for each specific user. It also comes with a “stunningly realistic

MP expresses concern over TikTok’s grip on the UK music industry

Conservative MP Damian Collins has voiced concerns over the control that TikTok allegedly has on British musicians. Collins, a former Minister for Tech and the Digital Economy, shared his views on the app with The Telegraph after TikTok launched a trial in Australia last month that limited the amount of

UK music festivals booking fewer new artists annually, according to study

According to new research by Pirate, major UK music festivals are booking fewer new acts each year. Pirate analyzed 32 of the UK’s biggest festivals, excluding Glastonbury, and found that line-ups have become “homogeneous” with popular names recurring. The research shows that in 2016, festivals with over 50,000 capacity had

IMS Ibiza reveals first speakers for 2023

The International Music Summit (IMS) Ibiza has revealed its first 10 speakers for its 2023 edition. The electronic music platform is set to take place at the Destino Pacha Resort and will be hosted by BBC Radio 1 presenters, Jaguar and Pete Tong.  This year’s summit theme will be ‘Face

DJ Lag embarks on extensive world tour

South African producer and gqom pioneer DJ Lag has embarked on an extensive world tour that will see him visit every continent over the next 10 months.  The Alpha-Zulu (A-Z) World Tour “represents something that goes from start to finish and this tour is about performing, collaborating and recording on

Bandcamp introduces in-app playlist feature

Bandcamp has introduced a new feature that allows users to create playlists from their purchased music on the Bandcamp app. The feature allows users to organise music according to tracks rather than albums, and was originally promised following Bandcamp’s acquisition by Epic Games last year. Speaking to MusicTech at this

TikTok launched an experiment that limits users’ music options for viral videos

Popular video sharing app TikTok piloted an experiment this month aimed to investigate the importance of music to its platform and users. The experiment, which targeted TikTok’s Australian market specifically, limited the number of songs available to users for use in videos.  Speaking to Bloomberg, TikTok said of the experiment,

Streaming platform TIDAL is partnering with Universal Music

Announced last week by Universal, the new partnership between the world’s biggest music publisher and streaming service TIDAL has been formed with the intention to research and devise a new streaming model that better supports the value of artists and their work, while encouraging more engagement from subscribers. Head of

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