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Spotify paid Warner Music Group $1.16bn in FY 2024. (That’s around the same amount the streamer’s execs have cashed out in stock this year.)
Financial filings reveal the full package of royalties that Spotify handed over to Warner Music Group in 12 months to end of ...
Spotify23h
Key Spotify executives have cashed out more than $1 billion in stock this year… including $283 million for Daniel Ek.
Credit: Sipa US/Alamy Spotify co-founder and CEO Daniel Ek. (Photo - Yichuan Cao/Sipa USA/Alamy) Spotify co-founder and CEO ...
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TikTok rival Triller says Kevin McGurn won’t be joining the company as CEO after all
Kevin McGurn will not assume the role of CEO at Triller Group, the company has announced. In an unusual move, TikTok rival ...
Spotify11h
Clemens Trautmann promoted to President of Deutsche Grammophon and New Business Strategy
Universal Music Group’s Global Classics & Jazz (GCJ) division has promoted Dr. Clemens Trautmann to President of Deutsche ...
Spotify11h
The Orchard inks global distribution deal with prominent Zagreb-based independent label, Croatia Records
The Orchard has entered into a global distribution agreement with Zagreb-headquartered Croatia Records, an independent record ...
Spotify13h
PlayAI snags $21M in funding to launch AI voice-cloning platform
A news report suggests PlayAI’s tech raises ethical concerns about the its ability to clone real people’s voices.
Spotify23h
Twitch co-founder Justin Kan and artist manager Nicholas Parasram launch Thin Ice Entertainment
Courtesy of Thin Ice Entertainment Nicholas Parasram (L) and Justin Kan. Nicholas Parasram, an artist manager and investor, ...