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More music released in a single day in 2024 than the whole of 1989, says study
Music Radar has examined the current state of the “music creation economy”, with one key finding being that each day sees more new tracks arriving on streaming services than were released “in the calendar year of 1989”.Will Page, former Chief Economist of Spotify and PRS For Music, added: “And more of that music is being done by artists themselves, meaning there’s even more demand for music production software.”The report also notes that there was a 12 per cent increase in the number of music creators between 2021 and 2022, with the number standing at 75.9 million.It also predicts the number will more than double by the end of the decade, with an estimated total of 198.2 million music creators by 2030.“Not only will casual music creation become mainstream, it will trigger an unprecedented widening of the music creator economy funnel,” the report said.It has previously been reported that in 2023, 120,000 tracks were being added to Spotify and other streaming services each day, for an annual total of over 43 million.This summer, Spotify revealed it had topped expectations with its profits and premium subscriber numbers, despite the controversies surrounding the platform.It had a 2024 second quarter revenue of £3.2billion, up 20 per cent on the previous quarter, and a net profit of £230million.These figures follow the service raising prices for most of its existing plans in early June, and cutting down 17 per cent of its workforce in order to save costs at the end of 2023.It is likely the profits also benefited from the streaming service officially demonetising all songs on the platform with fewer than 1,000 streams. That policy was launched on April 1, but had been planned by the platform for some time.
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Kate Nash defends her ‘Butts For Tour Buses’ OnlyFans campaign: “Women being in control of their bodies is vital”
Kate Nash has defended her ‘Butts For Tour Buses’ OnlyFans campaign, arguing that it is vital that women are “in control of their bodies”.Earlier this week, the ‘Foundations’ singer announced that she had started an account on the online subscription service as a way of raising money for her UK and European tour, which kicked off on Thursday (November 21).Explaining her decision, she said: “Whilst touring is the best job EVER it is currently technically what you might call a passion project for a lot of artists in 2024.”She went on to state that while ticket prices are rising, most touring musicians are “struggling to be able to afford to actually play shows”.“Costs of travel, accommodation, food, promotion & employees have also gone up in price but musicians are not seeing changes in their gig fees to help pay for all these rising costs,” she added. “So this Christmas I’m asking that buy either a piece of my merch or my arse on my new ONLYFANS account katenyash87 to support me paying great wages & putting on a high quality show as I will not sacrifice either of things.”Now, Nash has spoken out in defence of her decision to start the OnlyFans channel, saying she wanted to address accusations that it is a “sad” thing to do.“Don’t be ‘sad’ that I started an onlyfans to fund my tours,” she wrote on Instagram.

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