CMU Digest 29.01.23: Spotify, Live Nation, merch commissions, Rick Astley, Warner Music
The key stories from the last week in the music business… Spotify announced a 6% reduction of its global workforce. It followed many other big tech companies in announcing a significant down-sizing. In a memo to staff, Spotify CEO Daniel Ek wrote: “In 2022, the growth of Spotify’s operating expenses outpaced our revenue growth by […]