Spotify considering first price hike since 2011 After over a decade of stable $9.99/month price points, Spotify is likely to raise its subscription prices.
Spotify’s top artists still struggle to generate significant streaming revenue, according to new report, Spotify's latest Loud & Clear report reveals that top artists continue to struggle with generating revenue from streaming. Read more here.
Elon Musk blasts streaming services for “crazy low payouts” Tesla founder Elon Musk talks issues plaguing artists in the online music streaming business.
Songwriters win big as Copyright Royalty Board boosts streaming pay nearly 50 percent The Copyright Royalty Board has voted to increase songwriter rates for music streaming by 43.8 percent over the next five years. Details here.
Credit Suisse predicts that revenue from streaming services will increase sixfold from 2015 to 2020 The financial service company estimates that the global music industry will see revenue increase in 2016 for the first time since 1998