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Record labels push for AI music guardrails

Record labels push for AI music guardrails

Music streamer Spotify released its latest quarterly results on Tuesday, reporting 300 million premium subscribers and 14% revenue growth. The company also pointed to rising costs tied to AI-powered features. The music industry is wrestling with the best way to...
Spotify crosses 300M paid subscriber mark

Spotify crosses 300M paid subscriber mark

Data: Spotify; Note: MAU = monthly active users; Chart: Sara Fischer/AxiosSpotify said Tuesday it topped 300 million paid subscribers, joining Netflix as the only major global streaming platforms known to have reached that milestone.Why it matters: It underscores the...