UNLIMITED SUPPLY with Digital Music News A new twist on holiday layoffs. Here's your COVID support --psych! and a Thursday/Friday mashup.
Jul 3, 2025
Just in time for the holidays, layoffs shake up the music industry, particularly at Warner Music Group. The discussion dives into the effects on ticket sales and music tourism. Exciting live music events are also highlighted, showing a contrast between sold-out shows and alternative acts with available tickets. The importance of technology and support services in navigating these changes is emphasized throughout the conversation.
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Warner's New Holiday Layoffs
- Warner Music Group revived holiday layoffs, shifting them to July 4th instead of Christmas.
- Layoffs at majors mirror tech industry tactics to boost quarterly and annual financial results quickly.
Apple vs. Spotify Pricing Strategies
- Spotify is still determining how to launch a super premium tier to justify stock price.
- Apple Music actively avoids raising prices, focusing instead on premium experiences and new studio spaces.
UK Music Tourism's Economic Impact
- UK music tourism reached £23 billion in 2024, mostly from domestic spending.
- Despite UK festival struggles, music still stimulates extensive economic activity beyond venues.