Music Business News: Sweden Analysis News Epidemic Sound’s royalty-free music is played 2.5bn times per day on YouTube and TikTok, but company still struggles to turn a profitThe company says there are now 26 million videos on YouTube and TikTok featuring its music News TikTok strikes global ticketing partnership with AXSThe feature is live in the US, UK, Sweden and Australia News B2B music streaming service Soundtrack Your Brand releases an AI Playlist Generator for businessCompany raised $15 million in a pre-growth round in June 2023 News Spotify leans further into artificial intelligence with new ‘AI Playlist’ generator, which turns text prompts into personalized song suggestionsSpotify's Daniel Ek has said AI holds out the promise of improving the user experience and the company's efficiency News TikTok named official entertainment partner of Eurovision song contest for 3rd year runningLast year's Eurovision winners saw a massive increase in popularity on TikTok following the contest News Christian Luiga, veteran of defense firm Saab, named new CFO of SpotifyLuiga will start his new gig at Spotify in October, the company said in a statement Thursday News KISS sells song catalog, name and IP to Pophouse, company behind ABBA Voyage, in $300m dealPophouse announced acquisition of Cyndi Lauper catalog in February News Joni Mitchell’s music is back on Spotify, a week after Neil Young’s music returned to the platformMove comes more than two years after both artists removed their catalogs from Spotify 1 2 … 62 Next
Analysis News Epidemic Sound’s royalty-free music is played 2.5bn times per day on YouTube and TikTok, but company still struggles to turn a profitThe company says there are now 26 million videos on YouTube and TikTok featuring its music
News TikTok strikes global ticketing partnership with AXSThe feature is live in the US, UK, Sweden and Australia
News B2B music streaming service Soundtrack Your Brand releases an AI Playlist Generator for businessCompany raised $15 million in a pre-growth round in June 2023
News Spotify leans further into artificial intelligence with new ‘AI Playlist’ generator, which turns text prompts into personalized song suggestionsSpotify's Daniel Ek has said AI holds out the promise of improving the user experience and the company's efficiency
News TikTok named official entertainment partner of Eurovision song contest for 3rd year runningLast year's Eurovision winners saw a massive increase in popularity on TikTok following the contest
News Christian Luiga, veteran of defense firm Saab, named new CFO of SpotifyLuiga will start his new gig at Spotify in October, the company said in a statement Thursday
News KISS sells song catalog, name and IP to Pophouse, company behind ABBA Voyage, in $300m dealPophouse announced acquisition of Cyndi Lauper catalog in February
News Joni Mitchell’s music is back on Spotify, a week after Neil Young’s music returned to the platformMove comes more than two years after both artists removed their catalogs from Spotify