Musk also said "any name change at all" would result in a temporary loss of a blue checkmark for verified users.
The change will end the platform's current verification system, which was launched in 2009.
If Spotify follows Apple Music's decision to raise music subscription prices, hundreds of millions of additional dollars will flow to services, rights holders and creators.
Fears of a recession in 2023 are growing, but fans are still spending record amounts for concerts.
Where do things stand? What comes next? And how will it all end? Billboard asked the country's top legal experts for answers.
The case against Grande Communications is one of several filed by labels aimed at forcing internet providers to take stronger action against subscribers who pirate music.
The Korean company's bracing for a leaner 2023 as BTS accounts for less revenue, warned CEO Park Ji-won.
Last year, the electronic producer/digital artist negotiated the option to use his own single as part of a non-fungible token or in a Web3-related project later on.
The popular podcast crafted a lopsided contract and released an obscure track in an attempt to "explain the music industry."
The Canadian singer had a No. 1 hit and big tour plans back in 2020, only to be sidelined by the COVID-19 pandemic.
