YouTube Music launches in SE Asia

Spotify acquires SoundBetter, a leading music and audio production and collaboration marketplace helping creators worldwide connect and hire top audio professionals, for an undisclosed sum. Beckwith Kloss, VP Product, Creator at Spotify, said, “As we build out our tools for creators, we want to give them the resources they need to thrive. SoundBetter has the same vision. We’re excited that creators can generate income through SoundBetter, as well as benefit from its network of top […]

Pandora launches ‘Digicore by SoundCloud’ station, the first in a series of stations from SoundCloud’s Music Discovery Series ‘SCENES’. The new station will showcase pop’s next genre-bending evolution from a community of underground DIY artists that started on SoundCloud. Originating from SoundCloud’s award-winning music discovery series, SCENES, ‘Digicore by SoundCloud’ is the first from a series of stations set to launch on Pandora to amplify the hottest rising music communities and culture-shifting collectives bubbling up on […]

US music revenues grew for 7th consecutive year in 2022 up 6% to a record high of $15.9 Bn according to figures released by the RIAA. Streaming continued to be the biggest driver of growth with record levels of paid subscriptions, continued growth in ad-supported format revenues and growing contributions from new platforms and services. Paid subscriptions continue to drive streaming growth Streaming continued to account for a large majority of recorded music revenues in 2022. […]