27 Jul, 2023 | Admin | No Comments
Spotify's Premium Plan Price Hike Results in $6 Billion Market Cap Loss: Report
Spotify‘s price increase of its individual Premium plan is not sitting well with consumers or investors. On Tuesday, July 25th, the Swedish streaming giant etched its second consecutive day of tumbling market losses after increasing the price of the plan from $9.99 to $10.99. The company’s stock dropped 11% on Tuesday, the largest single-day fall since […]
19 Jul, 2023 | Admin | No Comments
Melodies for the Masses: Why 3LAU Launched Royal.io, Where Fans Own the Soundtrack to Their Hearts
Music as an investable asset class has been the furthest thing from open, accessible and transparent. A privilege typically available exclusively to accredited investors and with little to no supporting infrastructure to determine valuation, investing in the illiquid music intellectual property market has historically been an exercise in cutting red tape and crossing ones fingers. […]
17 Jul, 2023 | Admin | No Comments
Create Music Group Acquires Music For Pets And Initiates Roadmap To Invest Additional $10M To Grow The Space
Create Music Group has announced the acquisition of Music For Pets and an upcoming $10 million roadmap to bring pet entertainment media to prominence, Music Business Worldwide reports. A press release issued by Music For Pets revealed that the startup already serves more than 20 million pets that collectively consume over 12 million hours of […]