Legal
Newsletter for Legal created at March 13, 2025 06:50
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"Spotify & UBEM Updates: Artist Payouts Soaring, Investigation Underway"
This newsletter is about recent developments related to Spotify, UBEM, and the music industry. Spotify's annual report, the Loud & Clear music economics report, highlights that more artists are making money on the platform than ever before, with 1,450 artists generating over $1 million in royalties last year. Additionally, UBEM is under investigation by the competition regulator CADE for potentially breaching competition laws in negotiating licensing deals around mechanical rights for its members in Brazil. The report illustrates Spotify's positive impact on independent artists and the broader music industry, noting significant growth in artist payouts and global reach.