Universal Music Revenue Up 9% After Billion-Dollar Streaming Quarter (Billboard)
Recorded music revenues jumped 10.8% to $1.8 billion from $1.575 billion, thanks to sustained growth in subscription and streaming revenues — which on their own increased 19.6% to just over $1.33 billion.
Apple Music Made A Lot Of Claims About What It Pays Artists (MBW)
Comparing how such a payout works out on a per-stream basis is troublesome for one reason: It risks making platforms with lower audience engagement look more generous towards artists/labels, and services with higher audience engagement look less generous.
Billboard Explains: The Rise of K-Pop in the U.S. (Billboard)
Since 2018, K-Pop revenue increased 18% to an estimated $5 billion global industry today.
