Anthony Udugba

19 hours ago | businessday.ng | Anthony Udugba

Taylor Swift takes the top spot as the number one global music artist for the third year in a row, according to the IFPI Global Music Report 2025. The report tracks consumption across streaming, digital, and physical sales for 2024. Swift’s dominance comes as no surprise, as her record-breaking tours and chart-topping releases continue to captivate fans worldwide. Following Swift, Drake secures the second position, maintaining his steady influence with hits that dominate streaming platforms.

1 day ago | businessday.ng | Anthony Udugba

Afrobeats has gained global popularity for its lively rhythms and rich cultural heritage. However, the emergence of AI music tools has sparked concerns about whether AI can replicate the emotion of human-created Afrobeats, or if the genre must innovate to remain competitive. At the second edition of the Music Business Conference held at Lagos Business School in Lekki, Lagos, a panel themed, “AI and Music Creation: Innovation or Imitation?” attempted to answer this question.

2 days ago | businessday.ng | Anthony Udugba

Spotify is poised to tackle streaming farms in an effort to remove them from the music business. In today’s music industry, streaming platforms are vital for artists to share their music and earn revenue. However, the issue of streaming farms has emerged as a significant concern for both artists and fans. To address this, Spotify intends to use smart tech, team up with others in the industry, and make efforts to teach artists how to spot and avoid these scams.

2 days ago | businessday.ng | Anthony Udugba

TikTok has unveiled the global rollout of its artist analytics platform, TikTok for Artists, following a two-month beta testing period with a select group of artists. However, this launch excluded all countries in Sub-Saharan Africa, leaving artists in the region without access to these new tools.

3 days ago | businessday.ng | Anthony Udugba

In a recent interview with Joey Akan on the Afrobeats Intelligence podcast, Muyiwa Awoniyi, manager of Grammy-winning Nigerian singer Tems, highlighted a stark disparity in Spotify streaming earnings: one million streams in Nigeria generate just $300, while the same streams in Sweden are worth up to $10,000, 3,233.33 percent more. This gap reveals how geography and different economies shape income in the global music streaming industry.