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News More music released in a single day in 2024 than the entirety of 1989, study shows
A past report found that 120,000 tracks are currently added to streaming services each day
Tech Streaming service TikTok Music is shutting down
The subscription launched less than a year ago and will officially close on November 28
News Spotify launches higher-priced subscription tier for HiFi audio
The new premium subscription tier is the streaming platform’s most expensive yet
News Spotify CEO claims cost of creating “content” is “close to zero”
Daniel Ek's claims come in a year in which Spotify has made over £1 billion in profit, and announced controversial new subscription rules
News Spotify’s former licensing head claims the streaming service “deprives” artists of royalties
Ex-Global Head of Publisher Licensing Adam Parness has claimed that Spotify’s new subscription service scheme is “misguided and unfair”
News UMG and TikTok sign new licensing agreement following royalty dispute
The new "multi-dimensional" deal will see the return of music from Universal's artists to TikTok
News Spotify is rumoured to be working on a "remix" tool for Premium users
A leaked report suggests the tool will allow users to "speed up, mash-up and otherwise edit" music without leaving the platform
News DJs must declare earnings from streaming website Twitch, CEO confirms
Artists streaming on the platform must now share their revenues with record labels