A vast majority of French consumers admit not knowing how streaming remunerates artists, according to a survey conducted by YouGov on behalf of Paris-based music streaming service Qobuz. The purpose of the survey was to understand the criteria that French people use when choosing a music streaming service. Only 15% of the people surveyed consider compensation a key factor when choosing their music platform; and 78% said they were not sufficiently informed about how artists are paid. "In a rapid...

Music creation platform Splice has acquired Kits AI, an AI-powered platform that enables music creators to generate, transform, and refine vocals in their productions. As part of Splice, Kits AI’s technology will "expand how artists, producers, and songwriters work with vocals as a core creative instrument." Co-founders Evan Dhillon and Kyle Dhillon, along with the Kits AI team, have joined Splice. Founded in 2021, Kits AI was the first platform to introduce Licensed Artist Voice Models; The pl...

Netflix posted revenue of $45.2 billion in 2025, up 16% year over year, boosted by fourth quarter revenue of $12.1bn, up 17.6% over the same quarter a year prior, thanks to membership gain. Net income for the year was of $10.98bn. The video streaming platform reported ​325 million paid subscribers at the end of the year, up from 300 million for the same period of 2024, up 8.3% year-over-year. Cost of revenue for the 12 months reached $23.27bn, up from $21.3bn in 2024. In a call with analysts, Te...