A new ‘music-only’ subscription tier is coming to Spotify, confirms Daniel Ek and 4 other things we learned on the company’s latest earnings call
by Music Business Worldwide
Music Business Worldwide— Spotify is making good on its aim to become more than a music streaming service Source
Music Business Worldwide—Amid controversy over Spotify’s songwriter payments, Daniel Ek cashes out $118.8 million in company shares. Ek's move on the New York Stock Exchange comes amid criticism for Spotify for reducing the royalty rate via which it pays songwriters in the US Source
MediaNama—Earnings Call: Here’s everything Google said about AI in its earnings call for the first quarter of the 2024 financial year. Google 2024 first quarter earnings call webcast revealed an 80% decrease in machine costs associated with SGE responses since the introduction of AI Search Labs
The Source—Pusha T Confirms New Music From Himself or Clipse to Come in 2024. It won’t be long before you hear new Pusha T music again. Speaking with Complex, King Push revealed he has been working on music in Paris. Journalist Jordan Rose asked Push about the status of his Gangsta Grillz project and more. King Push gave insight into his creative process. “I will say, there’s been a […] The post Pusha T Confirms New Music From Himself or Clipse to Come in 2024 first appeared on The Source.