Spotify is changing its royalty model to crush streaming fraud and introduce a minimum payment threshold. Its plan? To shift $1 billion in payouts towards ‘working artists’ over the next 5 years.
Event to feature exclusive presentations by Lex Borrero, Tainy, director Angel Manuel Soto, Storm Pablo, Sofia Reyes, Ahol Sniffs Glue, Vic Garcia & more Source
Michelle Jubelirer on Ice Spice, The Beatles, and reinventing Capitol Music Group: ‘I don’t think any label group has been able to turn things around as quickly as my team and I have done in less than two years.’
Jubelirer tells MBW all about her first two years in charge at CMG – and how she’s overcome the challenge of quelling, and then re-energizing,
On Tuesday, Paul Vogel, CFO of Spotify, cashed $9.3m in shares – 24 hours after his company confirmed 1,500 layoffs. Tonight, Daniel Ek has announced Vogel is out.
News comes three days after Spotify announced worldwide layoffs affecting 17% of its workforce Source