News From the Music World
Brisbane steals the spotlight from Sydney and Melbourne as Bluey composer Joff Bush and underdog talents dominate the 2025 Screen Music Awards. Streaming platforms are changing everything.
AI music startup Suno’s value skyrockets to $2 billion while pumping 30,000 AI tracks daily into streaming platforms. Music labels sue even as they negotiate deals. The battle reshapes music’s future.
Neil Young’s quiet exit from Amazon reveals a high-stakes battle between artists and streaming giants. His principled stand against platforms enabling misinformation threatens both his income and corporate influence.
Streaming platforms battle a tsunami of 30,000 AI-created songs daily, threatening to steal 24% of human artists’ revenue by 2028. Will real musicians become endangered species?
Is old music killing new artists? Streaming platforms favor familiar tunes as catalog music dominates 70% of the market. The music industry’s economics are drastically shifting before our eyes.
