IF SPOTIFY’S GOING TO BECOME PROFITABLE, IT NEEDS TO MAKE SOME CHANGES

Spotify’s annual results, filed last month in Luxembourg, portray a business whose losses are far outpacing its revenue growth – with 2016’s sales up 52% to $3.3bn but net losses widening 133% to nearly $600m. The first apparent conclusion from… Continue Reading

New report profiles Generation Z’s relationship with music

The latest in a regular series of Insight Sessions was held yesterday (June 27), unveiling new music research by Mark Mulligan of MiDiA Research. The report for BPI/ERA, christened Generation Z: Meet the Young Millennials, explores the music consumption habits… Continue Reading

NOW APPLE WANTS TO REDUCE ROYALTY RATE IT PAYS RECORD LABELS

Last year, MBW broke the news that Spotify was trying to negotiate the royalty rate it paid record labels down from 55% of revenue closer towards 50%. After two years of negotiations, the streaming platform finally reached a new long-term… Continue Reading