Is AI Killing Spotify's Playlist Tastemakers?; Doja Cat to Stage First-ever VR Concert with Meta
Is AI Killing Spotify's Playlist Tastemakers?; Doja Cat to Stage First-ever VR Concert with Meta1863 | Your Daily Dose of Music Streaming NewsIs AI killing Spotify's playlist tastemakers?Curated playlists once dominated, taking radio’s place for music consumption – now it might it’s turn to be replaced. The Weeknd's 'Blinding Lights': 4 Billion Streams on SpotifySo, what does all of that mean? Between $15.5 million and $17.5 million in royalties for the sound recording, with another $4.5 million or so in publishing, depending on which figures (and which online royalty calculators) one uses. While some services pay more than others and calculations vary widely, Spotify pays generally pays between $.003 and $.004 per stream. Doja Cat to stage first-ever VR concert with MetaDoja Cat will stage her first-ever virtual reality (VR) concert, in partnership with social network Meta and creative production company The Diamond Bros. The concert, dubbed Doja Cat: The Scarlet Tour in VR, was filmed at the Detroit date of the rapper’s most recent arena outing, The Scarlet Tour. Report: Believe is exploring a potential takeoverThe largest shareholders in Believe, the French music services company behind best-selling French artists such as rap duo PNL, have been exploring the possibility of taking it private, people familiar with the matter told Reuters. Snapchat celebrates anniversary of Britney Spears’ ‘Baby One More Time’This week has seen coverage of Britney Spears’ claim (in a since-deleted Instagram post) she “will never return to the music industry!!!” Live music enters the metaverse with Soundscape's "groundbreaking" VR music platformArtists including Deadmau5, Slash and Evanescence have partnered with Soundscape to create immersive VR concert experiences built in Unreal Engine 5 Major label bosses put the spotlight on superfansUniversal and Warner bosses' new year memos, Viagogo's "misleading" advertorial, and more The year ahead: David Martin, CEO of the FACFAC CEO David Martin looks ahead at 2024 in the latest of our series of interviews with the bosses of the music industry’s trade bodies. He discusses the campaigns against venue merch commissions and increased US touring visa costs, and the biggest challenges for artists heading into 2024. Copenhagen-based Artelize gets €1 million to make AI empower audience growth and engagement for the artsThe investment round will support Artelize through its next phase as it aims to support artists and arts organizations still struggling to gain visibility and attract a new and diverse audience for their events and concerts. MasterExchange Delivers Exceptional ROI in Initial Royalty PayoutRemarkable returns on investment have been observed for shareholders of Lauren Spencer Smith’s hit song “Fingers Crossed”. The Master Royalties, initially sold by songwriter and producer Jakke Erixson, have delivered an impressive, approximate 47% annual return during the initial payout period. —— Send story ideas & feedback to: jeff@platformandstream.com ️️—— Interested in sponsoring the newsletter? You'll find all the details here. You're currently a free subscriber to Platform & Stream. For the full experience, upgrade your subscription. |
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Will.i.am Launches Radio Show With AI Co-Host; BBC to Auction Thousands of Rare Vinyl Records, Vintage Music Tech
Friday, January 26, 2024
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