The problem is bigger than most people realize, and it seems to benefit major-label stars as well as developing acts, according to internal data from SoundCloud.
Also this week: Universal Music Canada taps a vp of Black music, ASM Global brings in a president of business development and more.
Jeronimo Folgueira, who took the reins in 2021, says a deal with German media powerhouse RTL will be “transformative” for the French company.
CEO Jeronimo Folgueira was encouraged by Apple's decision to raise prices and Spotify's signal it intends to hike fees in 2023.
