newsletters — Music Business

  • Universal Music Group and Tidal's New Partnership: Rethinking Music Streaming's Economic Model

    Universal Music Group and Tidal's New Partnership: Rethinking Music Streaming's Economic Model

    Music streaming has become an integral part of the music industry, with platforms like Spotify and Apple Music leading the charge. However, the current economic model for music streaming has been the subject of much debate, with many artists and rightsholders feeling like they are not being fairly compensated for their work. Universal Music Group (UMG) and Tidal have announced a new partnership aimed at exploring an alternative economic model for music streaming that might better reward the value provided by artists.