The dominant streaming platform in Western music markets said 2024 was its first full year of profitability.
The Universal chairman/CEO touted strides in the company's "artist-centric strategy," recent agreements with Spotify and Amazon and its embrace of "responsible AI."
Despite huge gains in industry revenues, individual creators feel they’re being cheated by streaming — a paradox that's proving difficult to solve.
Following Montag and husband Spencer Pratt’s plea to fans to stream her music, streaming activity for the album surged nearly 1,000%.
For individual non-Prime members, Amazon Music Unlimited will cost $11.99 per month — the same as Spotify. Prime members save $1.
Analyzing global royalty and streaming data, the financing company says Amazon Music paid the most at $8.80 per 1,000 streams.
Cooper's Unwell Network’s will begin broadcasting Unwell Music and Unwell On Air next month.
That amount is 10 times larger than what Spotify paid out to rights holders a decade ago.
Konstan's final day at the streamer will be Friday (Jan. 31).
The docuseries offers personal insight on the dozen abuse allegations against the music mogul.
