industry

The $297 million deal makes Square, the financial services company owned by Twitter CEO Jack Dorsey, TIDAL's controlling shareholder.

Streaming service Soundcloud has announced what they're calling “fan-powered royalties,“ where “independent artists can get paid more because of their dedicated fans“...

The Village Voice, which ceased publication in 2018, has been purchased by L.A. Weekly owners Street Media and will return with quarterly print issues beginning in early 2021.

The details of the deal, for over 600 songs, were not disclosed but are estimated to be worth $300 million.

”Labels or rights holders agree to be paid a promotional recording royalty rate for streams in personalized listening sessions where we provided this service,” Spotify writes.

Surfer, the iconic magazine which has chronicled surfing and surf culture since 1960, has shut down after 60 years in publication, another victim of the COVID economy.

Competing juggernauts in their respective industries, like Billboard and Rolling Stone, and Variety and The Hollywood Reporter, will now fall under the umbrella of the same partnership between their parent companies.

Vinyl and CD sales also fell below ad-supported streaming services for the first time, according to the RIAA's 2020 mid-year report.

A new monthly digital subscription offers ”unlimited access to RollingStone.com on any device.”

"We’ve been a lean operation for all of my tenure, employing a variety of ways to help keep our head above water in an extremely challenging print market," wrote editor Ted Kessler. "COVID-19 wiped all that out."