Apple blames Spotify for €1.8 billion fine
Listen now
Description
On this week's show we discuss the €1.8 billion fine Apple has been ordered to pay by the EU following an investigation into claims of anti-competitive behaviour made by Spotify, and Live Nation's explanation of why everyone else in the music industry is to blame for rising ticket prices. SECTION TIMES 01: Apple v Spotify (00:06:26) 02: News in brief (00:20:48) 03: Live Nation (00:25:33) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • EU fines €1.8 billion at end of Spotify initiated competition law investigation • Apple hits out at EU competition ruling that “ignores the realities of a market” • Live Nation says rising ticket prices definitely not its fault NEWS IN BRIEF • WMG is toying with an offer for Believe that would wipe out Warner’s cash reserves - but is it serious, would Believe shareholders sell and can WMG afford to bet the farm? • Hipgnosis Songs Fund takes a haircut - and might have bigger problems to come • New US-wide TikTok ban proposed in Congress • Mean Millennials scrap streaming subscriptions, mail order music is booming - and Apple Music might be making £500 million or more in the UK • Raye wins record-breaking six BRIT Awards ALSO MENTIONED • Tidal phases out HiFi Plus tier, makes higher quality audio part of its standard subscription product • The Truth About Ticket Pries (Live Nation)
More Episodes
On this week’s show, we discuss the launch of the record industry’s first major lawsuits against music-generating AI companies - with the RIAA coordinating litigation against Suno and Udio - plus a group of songwriters are suing PRS. SECTION TIMES 01: Labels v Suno + Udio (00:04:30) 02: News in...
Published 06/28/24
On this week’s show, we discuss the latest escalation in the fight over Spotify’s reclassification of its premium subscription as an audiobook and music bundle in the US, the lawsuit against Drake for putting one of his own song titles on a t-shirt, and the return of the band formerly known as...
Published 06/14/24
On this week's show we discuss the US government’s legal action against Live Nation that seeks to force it to sell off Ticketmaster, ticket touts’ plans to fight the Labour Party’s proposed 10% price cap on the resale of tickets, and more. SECTION TIMES 01: Live Nation (00:06:40) 02: News in...
Published 05/31/24