Record companies in India want to join a lawsuit against ChatGPT maker OpenAINews organizations, book publishers, and now music companies want to join a copyright infringement suit against OpenAI being heard by a court in Delhi
Source

Every human #Musician and #Producer must have their own watermark/fingerprint printed to a complete track they produce. Ideally, it should be located in inaudible spectrum and every person should register this personal code in some #Opensource international music database. And the trace must be dynamic not static, and devices should read it too. I think this can solve most of problems of #AI (as a good tool) and copyrights issues in the #MusicIndustry. Probably, this is where #Technology and #musictech should focus more. There are several technologies already available for music distributors and big broadcast players around

From Warner’s Spotify and Amazon deals to Sir Lucian Grainge’s 2025 memo… it’s MBW’s Weekly Round-UpThe biggest stories from the past week – all in one place…
Source

Spotify confirms 2024 was its first full year of profitability – amid ongoing industry debate surrounding artist payoutsSpotify has recorded its first full year of profitability in its Q4 earnings report from 2024.
The streaming platform ended the year “stronger than ever” by outperforming across key metrics, according to the report. Its first full year of profitability was first predicted in its Q3 data, which was released back in November last year.

READ MORE: Universal Music Group and Spotify ink new multi-year deal that will “advance music monetisation” and “accelerate product innovation”

Despite growing criticism of Spotify and its artist payouts – along with the streaming model as a whole – the platform says its monthly active users grew by 12 percent year-on-year to 675 million in 2024, and its subscribers increased by 11 percent year-on-year to 263 million.
Across the board, total revenue for Spotify was up 16 percent year-on-year to €4.2 billion last year, and its operating income rose to €477 million. 2024 marked Spotify’s 10th annual Wrapped, for which it also saw record-high user engagement up 10 percent year-on-year across 184 markets and 53 languages. Listeners have also now created more than eight billion playlists via the platform.
“I am very excited about 2025 and feel really good about where we are as both a product and as a business,” comments Daniel Ek, Spotify Founder & CEO. “We will continue to place bets that will drive long term impact, increasing our speed while maintaining the levels of efficiency we achieved last year. It’s this combination that will enable us to build the best and most valuable user experience, grow sustainably and deliver creativity to the world.”
The Q4 finding follow on from a new report published at the end of January by Spotify’s VP and Head of Music, David Kaefer, in which he said that Spotify paid out $10 billion to the music industry in 2024, and has paid out nearly $60 billion since its inception.
Kaefer also noted that ten years ago in 2014, around 10,000 artists generated at least $10,000 on Spotify, while as of 2024, “well over” 10,000 artists generated over $100,000 per year on the platform. He said, “The system we built together is working, and where we are now is only the beginning”.
But while these figures look promising, and indeed reflect the fact that, more artists are able to earn more money on Spotify, many commenters note that the platform’s low royalty payouts make earning a living as a smaller artist very difficult.
Icelandic artist Björk recently called Spotify “the worst thing that has happened to musicians”, saying low payouts are increasing the demand for artists to embark on gruelling tours to make ends meet. “Streaming culture has changed an entire society and an entire generation of artists,” she said.
Anthrax drummer Charlie Benante also recently chimed in, saying “Spotify is where music goes to die”, and adding: “You’d probably make more money selling lemonade on the corner.”
Spotify CEO Daniel Ek also drew the ire of the music creator community last year when he compared low royalty payouts to professional sports, saying: “Football is played by millions of people – but there’s a very small number that can live off playing full time”.
You can find out more and view Spotify’s Q4 earnings report via its For The Record newsroom.
The post Spotify confirms 2024 was its first full year of profitability – amid ongoing industry debate surrounding artist payouts appeared first on MusicTech.

#Spotify stakes owned a lot by #majors is a win-win for them, but usual #Musicians always lose - casino always wins in #MusicBusiness. When UMG CEO says they are all about music we think about that

And we #artists #Producers all know where is it coming from

Fckn thresholds ruin that all. #MusicBusiness #MusicIndustry hello

Chartmetric 2024 Report: new Superstars, Glocalization, MoreDiscover the highlights from the Chartmetric 2024 Report including new superstars, trigger cities, glocalization and more: One of several shockers: of the 11 million Spotify profiles tracked by Chartmetric, only 1.58 million (14%) have more than 10 listeners per month.
The post Chartmetric 2024 Report: new Superstars, Glocalization, More appeared first on Hypebot.

We are soon restarting the #PublMeExplore #Music #Store publications so get ready to listen #TheMusicverse 🌌 latest community music 🎵

Many #music #Producers keep some 'Leftover' projects, so how to organize and revisit your #musicproduction later? This message makes a perfect sense for me: "Reusing and recycling old ideas might not sound very attractive to a beginning producer; you might have all kinds of ideas all the time, but experience trouble translating them into music. But trust me—once you get to the inevitable point where ideas become more scarce than ability, you’ll thank yourself for establishing organization."

Token Economy for Musicians: Monetize a fanbase with $AMPSThere are dozens of startups creating new and better ways for artists to connect with a monetize fans Learn how $AMPS is creating a token economy for musicians to connect with and monetize fans while retaining control of the data.
The post Token Economy for Musicians: Monetize a fanbase with $AMPS appeared first on Hypebot.

Join Bandcamp alternative Subvert: Cooperatively Owned and OperatedBandcamp alternative Subvert has signed up 950 artists, 166 labels, and 230 supporters as founding members and is looking for more.
The post Join Bandcamp alternative Subvert: Cooperatively Owned and Operated appeared first on Hypebot.

Publish and Sell Your Creative Gigs or Products in Your Own Space Store - 🔗 Set Up Your Space Store

Another large indie distributor inks direct agreement with TikTok, as Ditto leaves behind expiring Merlin deal with platformEstablished acts currently distributing their music through Ditto include Chance The Rapper, Russ Millions, and Darkoo
Source

Quite unique discovery thing by a former Warner A&R and Meddling CEO @tkrosenblatt