Is Spotify Implementing a ‘Two-Tier’ Royalty System? Reports Suggest Quick-Approaching Q1 2024 Rollout

As Deezer and Universal Music Group (UMG) prepare to roll out their much-debated “artist-centric” model in France, Spotify is reportedly set to retool its own compensation model beginning in 2024’s first quarter.

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CISAC: ‘Largest Segment’ Music Records 28% YoY Growth in Global Collections

CISAC Global Collections Report 2023 released today shows that music collections rose by 28% YoY to €10.8 billion. For the first time, creators’ largest income source was digital royalties — noted as being the most significant milestone for the music sector.

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Spotify Stock Surges As Q3 2023 Delivers Six Million New Subs, $34 Million Operating Profit: ‘We Will Consistently Be in the Black Moving Forward’

Spotify stock (NYSE: SPOT) has spiked following the release of a seemingly strong Q3 2023 earnings report, including the addition of six million paid subscribers and an operating profit of €32 million (currently $33.88 million).

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