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News Napster sold for $207 million to tech startup Infinite Reality
Now a music streaming service, Napster is set to be "reimagined" as a social music platform that will "leverage AI"
News 10,000 AI-generated tracks reportedly uploaded to Deezer every day
Discovered using its AI-detection tool, the streaming service claims that AI music makes up 10% of all uploads to the platform
News Electronic music market projected to double in worth to $24.5 billion by 2032
According to a forecast from market research firm Wise Guy Reports, house music is worth an estimated $3.5 billion alone
News Spotify reportedly donated $150,000 to US President Donald Trump's inauguration
Alongside the contribution, the streaming platform also held a brunch on the eve of the ceremony for political pundits such as Ben Shapiro and Tim Pool
News TikTok confirms that it will shut down in the US by January 19 if ban is upheld
The Supreme Court will hear arguments regarding the ByteDance-owned app's appeal against the ban later today
News Producers on Kanye West’s ‘Vultures’ albums allegedly haven’t been paid
More than 10 producers claim that they weren’t paid for both 2024-released records
News Global value of music copyright has surpassed cinema for the first time
Last year the total revenue from recorded music, publishing and royalties reached US$45.5bn compared to global box office revenues of US$33.2 billion
News Electronic music fans are the most engaged listeners on Soundcloud, data reveals
The streaming platform announced findings that the genre is predicted to make up 22% of all plays in 2024