Have world tours stopped doing the "tour" part?; Apple Music had 2bn(!) fraudulent streams in 2025; Spotify pays out $11bn; and Bonnie Tyler speaks out!
Your weekly guide to the music biz and how it all works – and this week Steve and Stu grapple with Harry Styles, Bonnie Tyler and Bruno Mars...
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Stu's big number is $11bn - and that’s how much Spotify paid out to the music industry in 2025. But will that be enough to get its critics off its back?
Apple Music identified up to 2 billion fraudulent streams on its service in 2025 alone. But did it pay any money out for them?
Music is now a third of all the time people spend…
The skinny
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