The Brief: Spotify’s $7b, Worlde for Music, Token||Traxx NFT Marketplace, YouTube and More

The Brief: Spotify’s $7b, Worlde for Music, Token||Traxx NFT Marketplace, YouTube and More

Author: Music Industry City March 24, 2022 Duration: 1:38
Your update on new releases, business and tech news in less than five minutes from MusicIndustryCity.com Spotify says it paid out $7 billion to music rights holders last year. More than 1,000 generated over $1 million, and more than 50 thousand generated over $10 thousand. For you Worlde fans, there’s Heardle - the Wordle for music. Now you can try to Name That Tune in six guesses or less. I bet I can name that song in one note :)  In music tech news, YouTube is adding new live stream features which include live guests, which will allow creators to invite a guest to their stream, and live rings which help to better alert viewers when a channel is going live.  From the Web 3 World... Token||Traxx, a new NFT marketplace for the music community, sold out their TRAXX Token Public Sale this week and has announced new partnerships with AscendEX and BitMart In Musical Chairs... UTA’s music division just added a trio of new hires. Aaron Arkin, Vatana Shaw and Mary Allen. will join the team. And for your listening pleasure… Soccer Mommy announces a new album titled "Sometimes Forever." It will land on June 24th, courtesy of Loma Vista. That concludes today's update. For article links, see the show notes, or go to MusicIndustryCity.com and tune in to The Weekly Wrap on the Music Industry City YouTube channel Thursday nights at 7pm eastern. Have a great day!

Keeping up with the fast-moving world of music doesn't have to be a full-time job. Five Minute Music Industry News | Music Industry City delivers a concise, weekday briefing designed for professionals and fans alike who need the essentials without the fluff. Each morning from Monday to Friday, you'll get a focused five-minute episode that cuts through the noise, covering everything from major label deals and artist tours to the latest in streaming technology and executive moves. This podcast respects your time, transforming the overwhelming flood of industry updates into a manageable and efficient listen. It’s the audio equivalent of a sharp, informative memo that ensures you’re never caught off guard by the day’s biggest stories. Tune in for a direct feed of what matters, presented clearly and consistently so you can start your day informed. The entire approach is built around clarity and convenience, making it a reliable resource in a constantly shifting landscape.
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