NewJeans' 2022 song 'Ditto' surpassed 900 million streams on Spotify, becoming their second track to reach this milestone. The group now has 15 songs with over 100 million streams.
Universal Music Group and Believe settled a $500 million copyright infringement lawsuit alleging industrial-scale distribution of manipulated audio and unauthorized tracks via TuneCore across major streaming platforms.
ElevenLabs, valued at $11 billion after $500M Series C funding, launched ElevenMusic app combining AI music generation with streaming platform features, offering free and Pro subscription tiers.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.