The biggest record labels are raking in $1 million every hour Top labels continue to earn massive profits while artists make $0.003 per stream. Related Posts: Spotify UK retires ‘urban’ from verbiage Warner and UMG take action for Black Lives Matter, donate $100 million and launch social justice task force respectively
SoundCloud increases revenue to more than $100 million after shaky few years The streaming service, which was recently in jeopardy, seems to have turned around their finances after a rough few years. Related Posts: Four Tet drops 16 scattered tracks on SoundCloud SoundCloud announces $15m artist support initiative
