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Block Discloses $132.3 Million Tidal ‘Goodwill Impairment Charge,’ Citing ‘Strategic Focus’ Changes

Block Discloses $132.3 Million Tidal ‘Goodwill Impairment Charge,’ Citing ‘Strategic Focus’ Changes

2024-02-25 05:09:30 UTC www.digitalmusicnews.com Host Error What happened? There is an unknown connection issue between Cloudflare and the origin web server. As a result, the web page can not be displayed. What can I do? If you are a visitor of this website: Please try again in a few minutes. If you are the owner...

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TikTok Global Head of Music Operations Paul Hourican Exits Company Amid Universal Music Licensing Showdown

TikTok Global Head of Music Operations Paul Hourican Exits Company Amid Universal Music Licensing Showdown

TikTok global head of music operations Paul Hourican is exiting the company. Photo Credit: Franck Amid TikTok’s high-stakes licensing standoff with Universal Music Group (UMG), Paul Hourican, the short-form app’s global head of music operations, is stepping down. Hourican just recently announced his exit in a LinkedIn post, though at the time of this writing,...

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Apple Fires Back Against Spotify Claims As Massive EU Fine Nears: ‘Trying to Get Limitless Access to All of Apple’s Tools Without Paying Anything’

Apple Fires Back Against Spotify Claims As Massive EU Fine Nears: ‘Trying to Get Limitless Access to All of Apple’s Tools Without Paying Anything’

Facing a reportedly $541 million European Commission fine, Apple has publicly addressed the qualms of Spotify, which submitted the underlying EU complaint. Photo Credit: Laurenz Heymann As the European Commission reportedly prepares to slap Apple with a $541 million fine stemming from an antitrust complaint levied by Spotify, the Apple Music developer has publicly addressed...

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TikTok Rubs It In UMG’s Face With a Dramatic ‘Add  to Music App’ Global Expansion — But Will UMG Budge?

TikTok Rubs It In UMG’s Face With a Dramatic ‘Add to Music App’ Global Expansion — But Will UMG Budge?

2024-02-25 05:09:36 UTC www.digitalmusicnews.com Host Error What happened? There is an unknown connection issue between Cloudflare and the origin web server. As a result, the web page can not be displayed. What can I do? If you are a visitor of this website: Please try again in a few minutes. If you are the owner...

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Lady Gaga Officially Named ‘Icon’ of Fortnite Festival Season 2

Lady Gaga Officially Named ‘Icon’ of Fortnite Festival Season 2

Photo Credit: Fortnite (Epic Games) Lady Gaga arrives as Fortnite Festival’s second season headliner, with playable tracks available to perform on a special stage, Gaga-themed cosmetics, and more. The Mother Monster herself is putting on her poker face and heading to the metaverse as Lady Gaga becomes Fortnite Festival’s second season headliner, available as of...

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Live Nation Annual Revenues Hit Another Record in Fiscal 2023, Jumping 36% to $22.7 Billion

Live Nation Annual Revenues Hit Another Record in Fiscal 2023, Jumping 36% to $22.7 Billion

Photo Credit: Live Nation Live Nation reports another record year in annual revenues in fiscal 2023, jumping 36% to $22.7 billion, as fans continue flocking to shows after COVID-19 restrictions shuttered the live event sector for the better part of two years. The promoter and ticketing giant saw record revenues in 2023, continuing to top...

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American Federation of Musicians Continues to Battle Hollywood for Streaming Residuals

American Federation of Musicians Continues to Battle Hollywood for Streaming Residuals

Photo Credit: Venti Views The American Federation of Musicians (AFM) negotiations with the Alliance of Motion Picture and Television Producers (AMPTP) resumed today, with the former releasing a series of statistics about how the industry has changed for musicians since the 1930s. AFM says strikes and agreements made by the organization in the ‘30s paved...

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