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Spotify paid Warner Music Group $1.16B in FY 2024

Spotify‘s next round of licensing negotiations with the major music companies will be an interesting moment for the modern business. As MBW recently reported, Spotify is on course to post its first-ever annual operating profit this year—and it’s not a small sum. Led by CEO Daniel Ek, Spotify is expecting to record FY operating income […]

Drake accuses Spotify, UMG of artificially inflating streams of Kendrick Lamar’s “Not Like Us” in court filing

Rapper Drake’s company Frozen Moments filed a petition in a New York court Monday accusing the streaming service Spotify and Universal Music Group of conspiring to inflate the streams of Kendrick Lamar’s hit diss track “Not Like Us.” “Not Like Us,” the result of Lamar and Drake’s weekslong beef, broke records on the Billboard rap […]

Drake Accuses Universal Music Group and Spotify of “Illegally” Boosting Kendrick Lamar’s “Not Like Us” Streams in New Legal Filing

Drake’s Frozen Moments LLC has issued a new legal filing in Manhattan court, accusing Universal Music Group and Spotify of “illegally” boosting streams of Kendrick Lamar’s Grammy-nominated diss track “Not Like Us” by allegedly using bots, undisclosed payments, and biased recommendations, according to court documents viewed by Pitchfork. “UMG did not rely on chance, or […]

From Amazon Music’s audiobook bundle to WMG’s subscription streaming growth… it’s MBW’s Weekly Round-Up – Music Business Worldwide

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. The business of streaming dominated developments in the music […]

‘Super-Premium’ music subscription tiers coming in 2025, and 3 other things we learned from Universal Music’s Boyd Muir at the Morgan Stanley conference – Music Business Worldwide

MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. Boyd Muir, Chief Operating Officer and Chief Financial Officer at Universal Music Group, expects “super-premium” subscription tiers to start appearing in 2025 – […]