From Q1 2024, each track on Spotify will need to reach a minimum number of streams before it is eligible to generate royalties
In Q3 2023, Spotify reached 226 million paying users, resulting in approximately $3.16 billion in Premium revenue, a YoY increase of 16%
CD sales revenue reached $987 million in 2022, representing a 5% year-on-year growth, while subscription music streaming reached $575 million.
WME Legends also represents several other renowned estates such as The Notorious B.I.G, Andy Kaufman, Eartha Kitt, Waylon Jennings, Peter Tosh, and Charlie Sifford.
In the Korean music business, decisions are not made solely based on the artist's will but primarily as a business decision, while in the US, business considerations don't always take precedence.
Anghami's $0.98 share price, from $18, highlights a significant downtrend in the market for the company.
As new developments call for new business strategies, major labels have now invested in independent-facing alternatives to their traditional labels, widely known as Label Services.
Spotify assembled celebrities, podcasters, influencers, music execs, media personalities, and music fans at the #SpotifyPodcastsLagos and #SpotifyAfrobeats experiential events
With HYBE and Universal Music Group (UMG) reportedly vying for the top spot, I rationalize my bias for a potential HYBE-Mavin partnership instead
With a fund worth $10 million, the program will focus on empowering early-stage startups in Gaming, Music, Film, and Content Distribution.
Now, we explore possible valuation methods that are used to validate the record label's worth such as 'Market Multiple' and 'Discounted Cash Flow (DCF)'
In the context of record labels or music business, here are some examinations that might ensue during investment or sale conversations.
