Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from as the music giant releases fourth quarter results.
Amazon Music says that "many" independent artists and labels will see their royalties increase under its new payouts scheme.
Cracked versions of Spotify have stopped working in Italy as the platform blocks modified apps and enforces stricter security measures.
Spotify is developing premium-tier AI music creation tools that could transform passive listeners into active creators while generating higher revenue streams.