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Spotify’s Paid Over A Billion Dollars To Record Labels This Year

spotify royalty payments

The major record labels seem to have it out for Spotify, but the platform is contributing mightily to their bottom lines. It’s been reported that the company has already paid $1.2 billion dollars in royalties to the music industry this year, and over $5 billion lifetime. The platform is paying out around $133 million per […]

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June 27, 2016

Why Brexit Might Actually Be Good For The Music Business

Brexit and the music business

Now that Brexit has unleashed its shock and horror on the financial markets worldwide, other much smaller sectors are wondering how it will affect them as well, and the music business is no exception. The traditional music business (meaning record labels) is run by a crafty street-wise bunch that know how to roll with the […]

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