Swedish criminal networks have been using Spotify to launder money since 2019, according to a new investigation by Svenska Dagbladet (SvD).
The gangs buy Bitcoin through "cash in hand" trades initiated via a Facebook group, and then use the cryptocurrency to pay for fake streams of music published by artists with ties to the gangs. This artificially inflates the popularity of the music, which then leads to higher royalties from Spotify.
Surprisingly, an unexpected resurgence of CDs among Gen Z collectors is the latest rage. Despite the dominance of digital streaming services, a small but devoted group of young adults continue to collect CDs. These collectors view CDs as more than just a functional tool for consuming music; they see them as merchandise and appreciate the included photos and album design.
Digital music company Believe and streaming platform TuneCore shared the results of their survey on generative AI. About 1600 self-releasing artists were interviewed and asked to express their opinions on the potential benefits of the technology.
While social media provides artists with direct access to fans and diversifies the music landscape, challenges such as saturation, decline in album sales, piracy facilitation, and negative effects on mental health arise.
The 41st Canadian Music Week (CMW) kicked off at the Westin Harbour Castle in Toronto last week, with a jam-packed schedule of events and performances. The evenings were filled with some of the brightest new and established Canadian artists, including Charlotte Cardin, Tumble, Fuego, Grace May, Virginia To Vegas, and Badflower. The days were filled with a series of expert panels covering topics from sync licensing to Afrobeats to new release marketing strategies.
So are you ready to indulge in an evening of predictability, cringe-worthy moments, and fashion faux pas? As usual, the Grammy Awards on Feb 4, 2024, might not be the most captivating event to grace your screen. Here are ten reasons why subjecting yourself to the telecast could be the least exciting thing you could do on that fateful evening.