Music

TikTok Pulling Plug on Streaming Music Service
TikTok Pulling Plug on Streaming Music Service
September 24, 2024  |  Social Commerce

TikTok says its streaming music service won’t be around for much longer. “We are sorry to inform you that TikTok Music will be closing on...

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Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
July 26, 2024  |  Earnings

Spotify Founder and CEO Daniel Ek believes the company’s approach to flexibility for its customers is a key success factor. Second-quarter earnings, reported on Tuesday...

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Tech Giants’ AI Audio Revolution: A Boon for Business?
Tech Giants’ AI Audio Revolution: A Boon for Business?
June 20, 2024  |  artificial intelligence

Google DeepMind’s latest trick? Giving artificial intelligence (AI)-generated videos a voice. The tech behemoth has unveiled a video-to-audio tool that could revolutionize content creation. By...

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AI Composers Turn Algorithms Into Music
AI Composers Turn Algorithms Into Music
March 29, 2024  |  Artificial Intelligence

An artificial intelligence (AI)-created blues song that went viral has ignited discussions among experts about the revolutionary role AI might play in reshaping the music...

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Paid Subscriptions Credited for Spike in Recorded Music Revenues
Paid Subscriptions Credited for Spike in Recorded Music Revenues
March 22, 2024  |  Subscription Commerce

Global recorded music revenues exploded in 2023, thanks mainly to a surge in paid streaming subscribers. According to The IFPI Global Music Report, revenues from...

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Spotify Buys Music Trivia Game Heardle
Spotify Buys Music Trivia Game Heardle
July 12, 2022  |  Subscriptions

Spotify has purchased Heardle, a daily music game, in what it says is a way to add more opportunities for music discovery, a company press...

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Pop Duo Chainsmokers to Give Away NFTs That Include Streaming Music Royalties
Pop Duo Chainsmokers to Give Away NFTs That Include Streaming Music Royalties
May 12, 2022  |  NFTs

Pop act The Chainsmokers will release NFTs to give fans a piece of the streaming royalties from the new album “So Far So Good,” Bloomberg...

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PYMNTS NFT Series: NFTs Used by Artists to Create Musical ‘Middle Class’
PYMNTS NFT Series: NFTs Used by Artists to Create Musical ‘Middle Class’
January 10, 2022  |  NFTs

Welcome to the fifth installment of PYMNTS’ series on NFTs, the newest craze in crypto.  Over 12 days, we’ll be looking at every part of...

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Spotify’s Premium Subscriber Base Expands To 165M Amid Push Toward Monetizable Content
Spotify’s Premium Subscriber Base Expands To 165M Amid Push Toward Monetizable Content
July 28, 2021  |  Earnings

The ranks of Spotify’s premium subscribers soared by 20 percent year over year to 165 million in the second quarter, as the streaming company reported...

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