Epic Games is suing Google over changes to its payment system on Android which would affect its new acquisition Bandcamp, reports Resident Advisor. The proposed changes, scheduled to come into effect on June 1st, would require Bandcamp and other Android apps use Google Pay Billing and pay Google a share
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 Spotify’s freshly launched live audio platform. Creators were offered weekly payouts and incentives based on performance and audience engagement. A competitor
Apple Music has launched DJ mixes available to stream in spatial audio with Dolby Atmos. Apple’s Spatial Audio, which takes Dolby Atmos, 5.1, and 7.1 audio frequencies and adjusts them so that they can be heard virtually anywhere in 3D space, was launched in March with a number of albums
DJ mixes / Djs / music business / music news / Music Streaming / Streaming
A new music startup called Songfinch recently closed its first round of seed funding with over $2 million raised from investors. Notably, a number of high profile musicians have invested in the startup, including The Weeknd, Quincy Jones, and Doja Cat. Led by Corazon Capital, the seeding round looked to
Universal Music plans to launch an unrecouped advances program for legacy artists to receive royalties without having recouped their initial advance payments. Universal is the last of the major three labels to unveil this type of plan, with Sony and Warner having already laid out similar schemes. Plans for Universal’s
American DJ and producer DVS1 (Zak Khutoretsky) has launched software that aims to bridge the gap between DJ and producer income. It’s long been the case that DJ’s profit far more from the music that they play than the producers who make it. Recognising this gap, DVS1 developed Aslice. The
Djs / music business / music news / Producers / royalties / technology
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 this year following Putin’s invasion of the Ukraine. The streaming service also suspended access to premium accounts in the country. According to
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 Manager Noët All, will serve as leader of 10:22’s all-NFT virtual band, Kingship. The members of Kingship are all Bored
Hit songwriter and popular podcaster Ross Golan has started an online petition to urge the music community to stop licensing songs in Russia for as long as the country continues to wage war on Ukraine, reports Variety. Golan, who has written hit songs for the likes of Justin Bieber and
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 independent artists and their fans. On Bandcamp, artists can expect to earn an average of 82% on every sale, a revenue model that
