Daniel Ek Says Spotify Layoffs Were More Disruptive Than Anticipated — After Cashing Out $118.8 Million in Shares
Digital Music News
by Ashley King
12h ago
Spotify CEO Daniel Ek admits that recent layoffs created more of a ‘significant challenge’ for the company’s day-to-day operations than he initially anticipated. It turns out laying off 1,500 people back in December had a bigger impact on Spotify’s day-to-day operations than CEO Daniel Ek had anticipated. Ek admitted during the company’s quarterly earnings call ..read more
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TikTok CEO Comes Out Swinging Against Forced-Sale Law: ‘Rest Assured, We Aren’t Going Anywhere’
Digital Music News
by Dylan Smith
18h ago
As his company prepares legal actions opposing its forced sale in the U.S., TikTok CEO Shou Zi Chew has come out swinging against the relevant law. TikTok itself penned a brief response to the “unconstitutional ban,” after President Biden yesterday signed the appropriate legislation (along with a number of other measures) into law. Per said ..read more
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YouTube Music Faces South Korean Regulatory Action Over Bundling Concerns
Digital Music News
by Ashley King
20h ago
Google faces potential South Korean regulatory action over its bundling practices of YouTube Music into its YouTube Premium tier, in an investigation focused on whether the company unfairly hindered competition in the region. The Korean Fair Trade Commission (FTC) has revealed it has been conducting an ongoing investigation into Google for over a year, with ..read more
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Pianist Ric’key Pageot: Honoring Tradition While Moving Forward
Digital Music News
by Dan Ubick
20h ago
On this episode of ‘The Conduit,’ host Dan Ubick sits down with Ric’key Pageot to discuss the musician’s upbringing in Montreal among a family of musicians. The following comes from Crewest Studio, a company DMN is proud to be partnering with. Location and geography hugely impact a child’s development, from the friends they make to ..read more
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The Rise of Reels — Meta Says Reels Now Accounts for 50% of Instagram Time, with Threads Surpassing 150 Million Users
Digital Music News
by Ashley King
20h ago
In the company’s recent Q1 earnings call, Meta says Reels now accounts for 50% of Instagram screen time, while Threads surpasses 150 million users. The uncertain future of TikTok in the United States has left a lot of wiggle room for the short-form social app’s competitors, and Instagram stands to be one of the biggest ..read more
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Billie Eilish, Diplo, Dave Matthews, 250+ Artists Urge Passage of ‘Fans First Act’
Digital Music News
by Ashley King
21h ago
Over 250 recording artists, including Billie Eilish, Diplo, Dave Matthews, and Lorde, have signed an open letter urging US politicians to pass the ‘Fans First Act’ from the Fix the Tix Coalition. Billie Eilish, Dave Matthews, Diplo, Lorde, Cyndi Lauper, Becky G, Graham Nash, and Chappell Roan are among the musicians to sign the latest ..read more
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Spotify Says Apple Not Approving EU Updates—”Apple Continues to Break European Law”
Digital Music News
by Ashley King
21h ago
Spotify submitted a new version of its app to Apple that includes basic pricing information for European users. Apple has rejected that update—prompting Spotify to complain to the European Commission. One provision Apple has included is a new ‘Music Streaming Services Entitlement,’ rule, which requires up to 27% commission fees on any purchases initiated through ..read more
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Tupac Estate Issues Cease & Desist Over Drake’s AI Diss Track
Digital Music News
by Ashley King
21h ago
Following the release of Drake’s AI-created diss track in which he ‘borrows’ the voice of Snoop Dogg and Tupac Shakur—the Tupac Estate has issued a cease and desist letter. Actions like this would be illegal under Tennessee’s ELVIS Act, if its provisions were to be adopted at the national level. But it also begs the ..read more
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Blackstone ‘Strongly Advises’ Hipgnosis Investors ‘To Take No Action’ on Concord’s Offer — As Concord Moves to Purchase Shares Directly
Digital Music News
by Dylan Smith
1d ago
Yesterday, Concord increased its bid for Hipgnosis Songs Fund (HSF) by nearly eight percent, topping Blackstone’s previous offer. Now, the latter entity, which holds a majority stake in Hipgnosis Song Management (HSM), is “strongly” urging HSF investors “to take no action” on the newest buyout proposal. Blackstone representatives reached out today with the cryptic warning ..read more
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What Is Mastering Music (and Should You Learn It)?
Digital Music News
by Caleb J. Murphy
1d ago
To many indie artists, mastering music seems like a magical process. So let’s break down what mastering actually is, why it’s important, and whether or not you should learn how to do it. What Is Mastering Music? Mastering music is the last step you need to take before releasing your song to the world. The ..read more
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