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Universal’s new deal on streaming royalties underscores how the major labels have remade themselves throughout the digital era
Group suffers overall loss of €302mn in three months to end of June
New tools can create compositions, clone voices and recommend songs to listeners — but can it match the human interaction with fans?
Insiders say the effect of the technology is akin to that of sharing site Napster in the early 2000s
Platform cracks down on bots posing as listeners as flood of content rattles music industry
Investment revealed weeks after music streaming group announced job cuts and widening losses
Big investments in the audio format turn into a drag on the company’s returns
Music streaming group adds subscribers but is hit by rise in operating expenses
Dawn Ostroff, who spearheaded ambitious expansion into podcasts, to leave the music streaming company
The length of pop singles has fallen in recent times but Mozart and Puccini also charmed listeners with short arias
Spotify, Universal and Sony denounce rapper’s anti-Semitic remarks but keep his songs available to stream
Sound performances and smart structure shape the ‘fictionalised’ series about the music streaming service
Some capitals will take months to work out which households require help and to make payments
While it made €9.7bn in revenue in 2021, audio service provider also paid out $7bn in royalties
Music service defies Netflix-induced concerns over streaming industry slowdown
Debt sold at top of market by groups such as Peloton and Spotify is hit by rising rates and sinking equities
Credit Suisse clears out executive ranks as it tries to move on from a succession of crises
Streaming services have different business models but both face tougher scrutiny
Daniel Ek says pair are ‘vastly different businesses’
So far, only Microsoft has managed to convince investors that tech can escape macroeconomic challenges
Job ads fuel excitement in crypto and music industries over potential of NFTs to boost artists’ earnings
Video clips of podcaster using an offensive racial epithet have deepened his difficulties — and those of streaming service
CEO Daniel Ek says streaming platform will keep podcaster despite backlash over racial epithets
The streaming service has been here before, and may conclude that there’s no such thing as bad publicity
Controversial podcast shows the need for streamers to do more
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