2 years ago

After Years of Losses, Spotify Just Made a Shocking Profit!

Spotify has finally turned a corner, reporting its first full year of profitability in 2024, sending its stock price surging 10%. The music streaming giant closed the fiscal year with €1.14 billion in net income, a historic achievement that signals strong growth in both revenue and user engagement.

 

The fourth-quarter earnings exceeded expectations in revenue (€4.24 billion) and monthly active users (MAUs), reaching 675 million. This marks a 35 million net growth in MAUs, setting a record for Q4. Additionally, Spotify Wrapped played a crucial role in driving engagement.

How Spotify CEO Became Richer Than Any Music Legend

Spotify’s strategic partnership with Universal Music Group, including new paid tiers and bundled music and non-music content, is set to fuel further growth. The company also paid a record $10 billion in royalties to the music industry.

 

With first-quarter projections estimating 678 million MAUs and €4.2 billion revenue, Spotify’s momentum is expected to continue into 2025.

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Avicii’s Final DJ Set Has Finally Been Released in Full

5 days ago

Ten years after Avicii’s final DJ performance, fans can now experience the historic set in full for the first time.

Recorded at Ushuaïa Ibiza on August 28, 2016, the newly released footage captures Tim Bergling from behind the decks, offering an uninterrupted look at the performance that marked the end of his touring career.

Previously unseen footage had only appeared in fragments, but this official release provides the complete journey.

Shared through the Avicii Community, the footage also expands the artist’s growing digital archive, giving fans a chance to contribute their own memories. It’s a powerful glimpse into one of electronic music’s most unforgettable eras.

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She’s Only 5! DJ LeeLee Could Just Make Guinness World Records History

5 days ago

At just five years old, DJ LeeLee is already making waves in the electronic music world.

The Utah-based kindergartner recently delivered a 51-minute DJ set at Awaken Music Festival, performing tracks from Swedish House Mafia and Zedd while confidently handling her setup without assistance.

Now, she’s waiting for Guinness World Records to decide whether she has officially become the youngest female DJ to perform at a festival. If approved, LeeLee would beat the current record by more than a year.

Her journey doesn’t stop there—she’s already set her sights on another milestone: becoming the youngest female DJ to perform at a club.

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“We Need Answers”: Loud Luxury Star Calls for Investigation Into Dog’s Death

5 days ago

Loud Luxurys Andrew Fedyk is calling for answers after his beloved dog, Dunkin, died while staying at a Los Angeles training facility.

What began as a heartbreaking personal loss has reportedly grown into a wider concern, with Fedyk saying other pet owners have shared similar experiences involving Smart Dogs Training Academy.

“We Need Answers”: Loud Luxury Star Calls for Investigation Into Dog’s Death

Seeking clarity, the DJ has contacted Los Angeles authorities and plans to have Dunkin undergo a necropsy to determine the cause of death. No criminal charges have been announced, and the allegations remain under investigation.

For Fedyk and the families involved, the priority now is transparency, accountability, and understanding what happened behind closed doors.

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5 days ago

Years of music, memories, comments, and fan interactions can disappear with one compromised account—and Slushii knows that firsthand.

The EDM artist has revealed that his SoundCloud account was reportedly taken by a scammer in 2020, beginning a frustrating battle to regain access.

A Scammer Took Slushii’s SoundCloud in 2020. Here’s What Happened Next

Despite repeated efforts and even filing a report with the FBI, the account was eventually deleted by SoundCloud. Now, Slushii is turning to his fanbase for support, asking them to help bring attention to the situation.

For an artist whose SoundCloud played a major role in connecting with listeners, losing it means losing a piece of his digital history.

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