Global electronic music industry grew in value in 2021, International Music Summit reports
The electronic music industry saw significant growth globally in 2021, a new report from the International Music Summit (IMS) reveals. This is up from 2020, when the industry saw
Spotify shuts down live audio creator fund as Obamas exit exclusive content deal
Spotify has reportedly shut down its Greenroom creator fund, according to The Verge. The fund, which was launched in June last year, was designed to attract content creators to Spo
Deezer enters deal to go public with $1.13 billion valuation
Music streaming service Deezer has reportedly entered into a deal to take the company public. According to The Wall Street Journal, the French streaming giant reported that they ha
Grimes admits to hacking indie blog Hipster Runoff a decade ago
Grimes has admitted to being the one responsible for hacking popular indie pop culture and satire blog Hipster Runoff nearly a decade ago. In 2012, the blog infamously went down, w
Spotify officially suspends services in Russia
Spotify has announced it will be suspending its services in Russia due to the country’s censorship laws. This follows Spotify’s decision to close its offices in Russia earlier
Keys N Krates nominated for Best Dance Record at 2022 Libera Awards
Canadian electronic music band Keys N Krates have been nominated for Best Dance Record at the 2022 Libera Awards for their album, Original Classic. Presented by EDM.com, other nomi
UMG and 10:22 purchase new NFT for $361k as part of ongoing Kingship project
In an update on Universal’s 10:22 label’s NFT project, it has been announced that the label has acquired the NFT Bored Ape #5537 for near $361k. The new character, named Manage
TikTok launches app to pay artists royalties for use of their music
Popular social media platform TikTok has launched a new music distribution tool called SoundOn. The tool will allow artists to upload their music to the app directly, earning royal
Epic Games acquires Bandcamp
Video game developer Epic Games has acquired ownership of Bandcamp. The Fortnite creators announced yesterday that it has bought the online record store, an essential haven for ind
Charli XCX leaves Twitter, calls to question the pressure of social media for musicians
Pop star Charli XCX has left Twitter. In an article recently published by The Guardian, it is noted that XCX chose to take a step back from the platform following a wave of negativ
