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News Goldman Sachs projects $92bn music industry revenue in 2023
Revenue from each audio stream, including both subscription-based and ad-supported content, has seen a 20% reduction since 2017
News Viberate rolls out new platform for indie artists, providing distribution and up to $1M advances
Viberate for Artists, the newly introduced service, provides music distribution and pledges financial support to indie artists through advances on future streaming royalties
Features How the cost of living crisis is impacting DJs and producers
Nightlife is under threat like never before. Patrick Hinton investigates the scale of problems facing dance music in 2023 and considers solutions, speaking to the industry's most visible workers: artists
Tech 120,000 new tracks released on streaming services every day, report finds
The findings made by Luminate predict that 43 million new tracks will be on Spotify by the end of 2023
News Just 20% of creators make a living from dance music, despite industry growing by 34% in 2022
The IMS Business Report 2023 also revealed that bookings for women across the sector decreased in 2022
News Track featuring AI generated voices from Drake and The Weeknd goes viral
Drizzy has previously voiced his opposition to AI cloning his voice
Comment 38 million tracks on music streaming services were played zero times in 2022
Is there a risk that streaming giants take a leaf out of Elon Musk’s book?
News Warner Music CEO Robert Kyncl says streaming platforms should "increase prices"
The previous YouTube executive believes music is "the lowest form of entertainment in terms of monetisation"