A new streaming royalty calculator by law firm Manatt Phelps & Phillips reveals that Spotify takes 46% of gross streaming revenue, more than the 43% paid to record labels, while Apple Music takes 25%. The biggest surprise is Amazon Music, which reportedly takes no cut "off the top," offering much higher payouts to artists and publishers. This reflects Amazon and Apple's strategy of using music streaming as a marketing tool rather than a primary revenue source, unlike Spotify. These findings suggest music creators could benefit financially by directing fans to Amazon Music, potentially influencing future streaming deals.
Alphabet's shares fell over 5% in a week after five core AI researchers left for competitors like OpenAI and Anthropic, highlighting concerns about Google's AI product lineup, especially in coding assistants. Despite strong financials and growth in G...
A new streaming royalty calculator from law firm Manatt Phelps & Phillips reveals that Spotify takes 46% of gross streaming revenue, more than the 43% paid to record labels, while Apple Music takes 25%. In contrast, Amazon Music reportedly takes no c...
Equity markets remain close to all-time highs even as consumer sentiment hits multi-decade lows and most S&P sectors show weak or negative earnings growth. This divergence is driven by concentrated gains in technology and energy sectors, while retail...
In mid-2026, key AI platform stocks NVIDIA, Amazon, and Meta have pulled back despite strong revenue growth and strategic investments. NVIDIA trades 27% below its 52-week high with robust data center revenue and a large share buyback plan. Amazon sho...
Nordstrom has partnered with FAO Schwarz to expand its toy offerings, opening a large flagship toy store in New York and launching 'Jewel Box' toy shops nationwide. This move aims to enhance in-store and online toy shopping experiences with interacti...
