Spotify to slash over 500 jobs worldwide, as Dawn Ostroff exits streaming platform

4 days ago Music Business Worldwide

Spotify has announced today (January 23) that it is in the process of slashing over 500 jobs worldwide. In the same filing, Spotify confirmed that Dawn Ostroff, Chief Content & Advertising Business Officer, is to leave the company. He added: “To offer some perspective on why we are making this decision, in 2022, the growth of Spotify’s OPEX outpaced our revenue growth by 2X. The past six months have seen the technology sector and parts of the music business hit with a series of layoffs. To do this, I will be centralizing the majority of our engineering and product work under Gustav as Chief Product Officer and the business areas under Alex as Chief Business Officer.
Continue reading...

Read On "Music Business Worldwide"

More News On "Music Business Worldwide"

‘With every artist, with every record, I’m trying to have the biggest hit in the world.’

In the last eight years, at Capitol UK, we had 47 songs RIAA-certified Gold, Platinum or Diamond in America. But, generally, as a UK music business, we’re not having the cut-through and the cultural impact. With every artist, with every record, I’m trying to have the biggest hit in the world. If I’m in Round 11 of a boxing match and I’ve lost the last 10 rounds, I’m not going to just cover up, I’m going to try and land a haymaker, because that can turn everything around. This article originally appeared in the latest (Q4 2022) issue of MBW’s premium quarterly publication, Music Business UK, which is out now.

15 days ago Music Business Worldwide

The Top 10 hits in the US last year accounted for fewer than 1 in every 200 streams

As MBW reported yesterday, the total number of on-demand audio streams in the US last year grew handsomely – up 12.1% to 1.1 trillion. The fact that the Top 10 biggest audio streaming hits in the US last year generated fewer cumulative streams than the equivalent year – alongside the fact that the total number of audio streaming plays grew in the market – can only mean one thing: The combined market share of the US’s biggest ten hits fell again. According to MBW’s calculations, the US’s Top 10 audio streaming hits, combined, were cumulatively responsible for less than 0.5% of all on-demand audio plays in the US annually. Back in 2017, just five years prior, more than one in every 100 audio streams (1.23%) was of a Top 10 track. That performance was slightly lower than the annual stream count of 2021’s biggest audio streaming hit (Dua Lipa, Levitating – 627m ).

15 days ago Music Business Worldwide

Dolly Parton is Determined to Earn Her Place in the Rock & Roll Hall of Fame: This is How

Dolly Parton is currently working on a Rock and Roll album, and we could not be more excited. Recently, she was nominated to be included in the Rock & Roll Hall of Fame. Maybe have some of the greats, the legends of rock 'n' roll sing along with me.'" I didn't realize all the people who had gotten in who weren't really rock 'n' roll, but I still stand by my thing. A fine, cute little rock 'n' roll song that'll probably go on the rock 'n' roll album.

3 months ago Music Times

RIP: D.H. Peligro Of Dead Kennedys & Red Hot Chili Peppers At 63 -

Home News Federico Cardenas October 29th, 2022 - 8:28 PMThe punk rock musician and drummer Darren “D.H. The drummer was most well known as the drummer for the San Francisco-based punk rock band Dead Kennedys, as well as briefly performing for the legendary LA rock band the Red Hot Chili Peppers. Thank you for your thoughts and words of comfort.”View this post on Instagram A post shared by Dead Kennedys (@dead__kennedys)D.H. Peligro joined the Dead Kennedy’s, the band he would become primarily associated with, in 1981, replacing previous drummer Bruce “Ted” Slesinger. Peligro remained with the band until its initial breakup in 1986, after which he joined the Red Hot Chili Peppers, remaining with the rock band for under a year. He rejoined Dead Kennedys in 2001 and continued to play with them throughout the 2000’s, while also beginning a brief solo-career, concluding with his 2004 project sum of our surroundings.

3 months ago mxdwn Music

BRIT Trust Diaries: Rich Clarke, head of War Child Records

But it was 1995 that was a game-changing year for War Child. The organisation now works, alongside partners War Child Netherlands and War Child Canada, in 17 countries helping hundreds of thousands of children and families a year. The UK music industry continues to be vital in supporting War Child to reach children whose lives have been torn apart by war Rich ClarkeThe UK music industry has been and continues to be vital in supporting War Child to reach children whose lives have been torn apart by war. Last year War Child set up an independent record label, War Child Records, and next year will mark the first new music released for the organisation since 2009. For more information on War Child please visit here – and donations will gratefully be accepted here.

1 month ago Music Week

Robbie Williams: 'I think that I was in the middle of a nervous breakdown, my first of many'

It’s an essential listen for Robbie and Take That fans, as Scott guides Robbie into his past and they open a world of nostalgia. Presenter: Scott MillsProducer: Ste Softley for MostestOn why Robbie left Take That:Robbie: ‘I think that I was in the middle of a nervous breakdown, my first of many. B) How do you perform like somebody that’s going to make 80 million quid?’Scott: ‘What do you wear? And I thought I’m passionate about UFOs. But I wouldn’t say he’s the next Robbie Williams, he’s the first Harry Styles.’

29 days ago Music News

BBC Radio 1Xtra’s Ace Announces ‘Everything R&B’ Live Dates & Touring Artists

BBC Radio 1Xtra’s R&B specialist and presenter, Ace has announced the cohort of emerging talent taking part in the inaugural Everything R&B Live. Four unsigned UK R&B artists, alongside five special guests, tour their home cities across the UK this November to develop their knowledge and connections within the live music industry, enhance their performance skills, and be introduced to new audiences. R&B singer, song-writer and producer TENN from Sheffield has been making waves in his hometown, and further afield, with his catchy lyrical content, and creative sample flips. Dedicating his career to the championing of R&B music across radio and clubs, Ace is one of the most seasoned and sought-after DJ’s in the UK. “R&B music creators and audiences in the UK have both been under-represented and under-served within mainstream offers of Black Music so we are really excited to kick off Everything R&B Live with Ace.

3 months ago Music Talkers

BREAKING NEWS

4 minutes ago - One tough tree – bald cypress 7 minutes ago - Bahamas mimics US’ Title 42 policy to throw migrants out of its soil 10 minutes ago - Rahm powers Fairmont over B.E. Area girls hoopsters 11 minutes ago - Lloyd tops 1,000-point career mark; B.E. Area bests Fairmont 28 minutes ago - USMNT vs Colombia live: How to watch, stream link, start time 30 minutes ago - Friday’s Sports In Brief 33 minutes ago - the Man United flop who began Reds career with 'obscene' Arsenal tackle 35 minutes ago - Usain Bolt fires business manager over Jamaica fraud case 40 minutes ago - Interislander ferry on the move after power restored, passenger says 46 minutes ago - ‘Take care of each other’, says PM Hipkins after assessing Auckland flood damage 52 minutes ago - 'Constant danger': Life after leprosy, a long neglected disease 1 hour ago - Liberal hawks over realist doves in heated Ukraine debate 1 hour ago - Man City knock out Arsenal 1-0 in the FA Cup 1 hour ago - 'Miracle' York baby Albie - born after years of heartache 1 hour ago - Empoli vs Torino Prediction, Head-To-Head, Live Stream Time, Date, Team News, Lineups Odds, STATS, Tips, And Betting Trends, Where To Watch Live Italian Serie A 2023 Today Who Will Win Match Details – 1 hour ago - Air New Zealand To Resume International Departures Tomorrow, Introduces More Flexibility 1 hour ago - LIVE: SH2 completely blocked by landslip near Gisborne 1 hour ago - 3 dead and one missing due to rain in New Zealand’s largest city 1 hour ago - ‘Never seen rain like that’: Farmers assess damage, tonnes of crops possibly wiped out 1 hour ago - Oscar nominations 2023: Andrea Riseborough shock and other talking points – BBC 1 hour ago - Police body-cam video shows struggle and hammer swing on Nancy Pelosi's husband 1 hour ago - Ben Chilwell, Reece James, Sterling: Chelsea injury news and expected return dates for Fulham clash 1 hour ago - Volos vs Panetolikos Prediction, Head-To-Head, Live Stream Time, Date, Team News, Lineups Odds, STATS, Tips, And Betting Trends, Where To Watch Live Greek Super League 2023 Today Who Will Win Match De 1 hour ago - Arsenal injury news and return dates after FA Cup trip to Man City 1 hour ago - Auckland floods: More wild footage emerges from New Zealand's weather emergency 1 hour ago - Newcastle United and the mystery of the missing first-half goals: 16 games and counting without conceding 1 hour ago - All Blacks Sevens fall to South Africa at Sydney Sevens, face Samoa in quarters 1 hour ago - Russian teams playing friendly matches in Turkey despite UEFA and FIFA bans 1 hour ago - Roman Catholicism and Political Romanticism 1 hour ago - How The Movie Addressed Stiles’ Absence 1 hour ago - Entertainment News Roundup: Elvis Presley's address book, other items up for auction; Film academy reviewing Oscar campaigns after surprise nomination and more 1 hour ago - Winchester at war: the seige in 1141 1 hour ago - SPECIAL REPORT: Families of slain Nigerian journalists search for justice 2 hours ago - St Brigid’s Day: Events celebrating our matron saint and Irish women around Ireland and the world 3 hours ago - Water Crisis Leaves Hi-tech Hyd Parched Before Summer Sets In 3 hours ago - Blinken to visit Israel and West Bank with tensions high after outbreak of violence News84Media Politics 3 hours ago - Haines Superintendent Roy Getchell on the state of the school in 2023 3 hours ago - Afghan soldier seeking US asylum hopes for 'American dream' 3 hours ago - Guilty: Islamic Extremist Who Killed 8 on West Side Bike Path Could Face Death Penalty 3 hours ago - KSante is inevitable: 3 takeaways between the 1st and 1st week of 2023 LCS Spring Split 3 hours ago - Germany's Scholz to meet Brazil's Lula on L American tour 3 hours ago - Tyre Nichols: Protesters fill Times Square after video release 3 hours ago - Video Shows Police Brutally Beating Tyre Nichols—Then Laughing About It – Mother Jones 3 hours ago - Grizzlies, NBA speak out after video of Tyre Nichols' beating by Memphis police is released: 'It’s devastating' 3 hours ago - Winfree’s WWE Smackdown Review 1.27.23 3 hours ago - Thunder’s nightmare scenario for 2023 NBA trade deadline 3 hours ago - Adani rout crosses $51b as stocks plunge by daily limits 4 hours ago - California is a killing field: 19 dead in 3 mass shootings within 44 hours 4 hours ago - WWE legend calls superstar a "fool" for mocking Bray Wyatt in a unique way 4 hours ago - Best moves Oilers must make at 2023 NHL trade deadline 4 hours ago - Manchester City Arsenal FA Cup Highlights Full Result: Nathan Ake the Unlikely Hero as City Advance After 1-0 win 4 hours ago - Tyre Nichols death: New York City Mayor Eric Adams ‘betrayed’ by Memphis officers 4 hours ago - Steve Austin’s net worth in 2023 4 hours ago - Radio Station WHMI 93.5 FM — Livingston County Michigan News, Weather, Traffic, Sports, School Updates, and the Best Classic Hit 4 hours ago - NBA trade rumors: Raptors are sitting on a gold mine, but will they cash it in? 4 hours ago - Brazil open door to breaking foreign coach taboo 4 hours ago - Tyre Nichols: Video shows him calling for his mother, beaten by officers now charged in his death 4 hours ago - Lorient-Rennes preview: Doku out for derby success 4 hours ago - Demanding justice for Tyre Nichols: Furious New Yorkers take to the streets in protest 4 hours ago - Ex Con Man Attempts Comeback as TV Scam Expert