UK Artists See Significant Boost in Streaming Royalties from Spotify

Spotify’s UK-specific streaming royalties data reveals that the platform is becoming a significant source of income for artists, with over 1,000 UK artists earning at least £100,000 in 2023. This highlights the global reach of the platform and the potential for independent artists to find success.

UMG Reports Strong Q1 Revenues, Resolves TikTok Dispute

Universal Music Group reports strong Q1 earnings with a 5.8% increase in revenues and resolves licensing dispute with TikTok, leading to a substantial improvement in their deal and potential for increased revenues from other social media platforms.

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