Spotify is preparing a sweeping price increase across several global markets starting this summer, as the streaming giant aims to keep its profitability momentum. That’s according to the Financial Times, which reported over the weekend that Spotify plans to implement price hikes equivalent to about EUR €1 ($1.14) on monthly individual subscriptions throughout Europe and…
UK-based Proper Music Group Ltd (PMG) went into administration on Friday (February 28). The company’s assets, including physical distributor Proper Music Distribution (PMD), have been acquired by Netherlands-based distributor Artone. Proper says that it distributes physical music for over 5,000 independent labels and services companies and claims to have a 13% share of the UK’s…
The Netherlands will return 119 Benin Bronzes to Nigeria, marking a significant step in the global movement to restore looted artefacts. According to a statement issued by the Dutch embassy in Nigeria, the transfer agreement was signed on Tuesday by the Dutch Minister of Education, Culture, and Science, Eppo Bruins, and the Director-General of the…
