StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
    Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
    4 Min Read
    Bankers readying Paramount’s B debt sale for Warner Bros. – Bloomberg (PSKY:NASDAQ)
    Bankers readying Paramount’s $49B debt sale for Warner Bros. – Bloomberg (PSKY:NASDAQ)
    0 Min Read
    Trump flexes endorsement energy for Ken Paxton after ousting Cassidy
    Trump flexes endorsement energy for Ken Paxton after ousting Cassidy
    10 Min Read
    Type 13G Practical Manufacturers Inc. For: 19 Might
    Type 13G Practical Manufacturers Inc. For: 19 Might
    0 Min Read
    CleanSpark Jumps 6.1% After Macquarie Maintains Outperform
    CleanSpark Jumps 6.1% After Macquarie Maintains Outperform
    3 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    NATO assembly Sweden: Rubio to debate Europe troop ranges, defence spending, Arctic safety
    NATO assembly Sweden: Rubio to debate Europe troop ranges, defence spending, Arctic safety
    5 Min Read
    Trump Delays Iran Strike Determination After Qatar and UAE Calls on Peace Talks
    Trump Delays Iran Strike Determination After Qatar and UAE Calls on Peace Talks
    4 Min Read
    Ought to buyers fear when even optimists flip cautious?
    Ought to buyers fear when even optimists flip cautious?
    10 Min Read
    Why Gold-Backed Stablecoins Are Immediately Changing into A Massive Subject In India’s Crypto Business?
    Why Gold-Backed Stablecoins Are Immediately Changing into A Massive Subject In India’s Crypto Business?
    6 Min Read
    Face Worth change in a fund of Shriram Mutual Fund
    Face Worth change in a fund of Shriram Mutual Fund
    0 Min Read
  • Market Analysis
    Market AnalysisShow More
    CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
    CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
    3 Min Read
    The way to make investments on your daughter’s training and wedding ceremony targets
    The way to make investments on your daughter’s training and wedding ceremony targets
    8 Min Read
    Multibagger defence inventory jumps over 15% after This autumn outcomes. Alternative maintains bullish outlook with ₹365 goal
    Multibagger defence inventory jumps over 15% after This autumn outcomes. Alternative maintains bullish outlook with ₹365 goal
    5 Min Read
    How Investing.com’s AI Technique Predicted the Rally in Vedanta, Nuvama & SAIL on Might 1st
    How Investing.com’s AI Technique Predicted the Rally in Vedanta, Nuvama & SAIL on Might 1st
    6 Min Read
    Indian rupee falls in opposition to US greenback in 2026 as oil costs and outflows rise
    Indian rupee falls in opposition to US greenback in 2026 as oil costs and outflows rise
    7 Min Read
  • Trading
    TradingShow More
    Brief-Vendor Assaults Everspin Inventory — This is What You Want To Know – Everspin Applied sciences (NASDAQ:MRAM)
    Brief-Vendor Assaults Everspin Inventory — This is What You Want To Know – Everspin Applied sciences (NASDAQ:MRAM)
    3 Min Read
    Carl Icahn Beat Berkshire Final Quarter — However There’s A Catch
    Carl Icahn Beat Berkshire Final Quarter — However There’s A Catch
    2 Min Read
    Why Each EA Vendor Wants an MT5 EA License Key Generator 
    Why Each EA Vendor Wants an MT5 EA License Key Generator 
    12 Min Read
    0 Invested In Hilton Worldwide Holdings 5 Years In the past Would Be Value This A lot At this time – Hilton Worldwide
    $100 Invested In Hilton Worldwide Holdings 5 Years In the past Would Be Value This A lot At this time – Hilton Worldwide
    1 Min Read
    ECARX Holdings Q1 2026 Earnings Name Transcript – ECARX Holdings (NASDAQ:ECX)
    ECARX Holdings Q1 2026 Earnings Name Transcript – ECARX Holdings (NASDAQ:ECX)
    37 Min Read
Reading: Spotify Fires Again At Drake: Calls ‘Artificially Inflated Streams’ Allegation Over Kendrick Lamar’s Hit Unfounded – Spotify Know-how (NYSE:SPOT), Common Music Group (OTC:UMGNF)
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Trading > Spotify Fires Again At Drake: Calls ‘Artificially Inflated Streams’ Allegation Over Kendrick Lamar’s Hit Unfounded – Spotify Know-how (NYSE:SPOT), Common Music Group (OTC:UMGNF)
Trading

Spotify Fires Again At Drake: Calls ‘Artificially Inflated Streams’ Allegation Over Kendrick Lamar’s Hit Unfounded – Spotify Know-how (NYSE:SPOT), Common Music Group (OTC:UMGNF)

StockWaves By StockWaves Last updated: December 21, 2024 3 Min Read
Spotify Fires Again At Drake: Calls ‘Artificially Inflated Streams’ Allegation Over Kendrick Lamar’s Hit Unfounded – Spotify Know-how (NYSE:SPOT), Common Music Group (OTC:UMGNF)
SHARE



Spotify Know-how SA SPOT has strongly denied allegations from Drake that it “artificially inflated” streaming numbers for rival artist Kendrick Lamar’s observe “Not Like Us.”

What Occurred: In opposition papers filed, Spotify said it “has no financial incentive” to favor Lamar’s observe over Drake’s music, reported Selection.

“Marquee was bought on behalf of the tune, for €500 to advertise the observe in France. Marquee is a visible advert that’s disclosed to customers as a Sponsored Advice,” said a Spotify spokesperson.

See Additionally: Spotify’s AI Playlist Now Accessible In US, Different Nations: Right here’s How It Works

Drake’s firm Frozen Moments had beforehand filed a petition claiming that Spotify and Common Music Group UMGNF artificially boosted Lamar’s streaming numbers.

The petition alleged UMG provided Spotify a 30% low cost on licensing charges in alternate for selling “Not Like Us,” a declare each firms deny.

Earlier, Common Music Group rejected the accusations as “offensive and unfaithful,” underscoring their dedication to moral advertising practices. A UMG spokesperson said that fan alternative, not manipulation, drives streaming numbers.

Drake’s authorized staff responded by means of a press release to Selection, difficult each firms to adjust to discovery requests if they’ve “nothing to cover.”

Why It Issues: The dispute has expanded past streaming numbers, with Drake submitting a separate motion in Texas alleging defamation and improper radio promotion practices.

Neither artist is straight signed to UMG, as an alternative licensing their music by means of their very own firms – Drake’s OVO and Lamar’s pgLang – to Common labels for advertising and distribution.

Sources conversant in the matter recommend that Drake’s petition primarily targets Common — the label liable for distributing his music since his 2009 debut with Lil Wayne’s Younger Cash — somewhat than Spotify, iHeart, or Lamar himself, the report famous.

Nonetheless, the timing of the authorized motion, revolving round a tune tied to the extended feud between the 2 artists, appears removed from coincidental.

“Not Like Us” stands out as a diss observe that not solely climbed to the highest of the Billboard Sizzling 100 but additionally secured a number of nominations for the 2025 Grammy Awards.

Value Motion: Spotify’s inventory rose by 1.48% on Friday, closing at $460.88. 12 months-to-date, the corporate’s shares have skyrocketed 144.11%, considerably outperforming the Nasdaq 100 index, which has gained 28.68% throughout the identical timeframe, in line with Benzinga Professional information.

Learn Subsequent:

Disclaimer: This content material was partially produced with the assistance of Benzinga Neuro and was reviewed and printed by Benzinga editors.

Photograph courtesy: Shutterstock

Market Information and Knowledge dropped at you by Benzinga APIs

© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Social Media Evolution: How It Reworked Communication And Future Developments Social Media Evolution: How It Reworked Communication And Future Developments
Next Article 3 months EMI Moratorium profit – Why you must NOT decide? 3 months EMI Moratorium profit – Why you must NOT decide?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
Iran alone accounts for almost 80% of worldwide executions in 2025, says report
Iran alone accounts for almost 80% of worldwide executions in 2025, says report
May 20, 2026
Forward of Market: 10 issues that can resolve inventory market motion on Wednesday
Forward of Market: 10 issues that can resolve inventory market motion on Wednesday
May 20, 2026
Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
May 20, 2026
CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
May 20, 2026
FYB Token Formally Launched: Constructing a Subsequent-Technology Platform Token with Deflationary Mechanism and Twin-Cycle Ecosystem
FYB Token Formally Launched: Constructing a Subsequent-Technology Platform Token with Deflationary Mechanism and Twin-Cycle Ecosystem
May 20, 2026

You Might Also Like

Decoding Spotify Expertise’s Choices Exercise: What is the Large Image? – Spotify Expertise (NYSE:SPOT)
Trading

Decoding Spotify Expertise’s Choices Exercise: What is the Large Image? – Spotify Expertise (NYSE:SPOT)

5 Min Read
Musk’s DOGE Below Treasury Scrutiny, Trump’s Tariffs Impacting Soda Business, And Extra – Tesla (NASDAQ:TSLA)
Trading

Musk’s DOGE Below Treasury Scrutiny, Trump’s Tariffs Impacting Soda Business, And Extra – Tesla (NASDAQ:TSLA)

4 Min Read
Newbie Pleasant Information to Creating MT4 Indicators
Trading

Newbie Pleasant Information to Creating MT4 Indicators

12 Min Read
Trump Victory-Led Rally In Shares Shrugged Off Rise In Yields, However Analyst Says If Treasuries ‘Do not Discover A Ceiling…It Will Turn out to be A Drawback’: Here is What It Means For Traders – Invesco QQQ Belief, Sequence 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Trading

Trump Victory-Led Rally In Shares Shrugged Off Rise In Yields, However Analyst Says If Treasuries ‘Do not Discover A Ceiling…It Will Turn out to be A Drawback’: Here is What It Means For Traders – Invesco QQQ Belief, Sequence 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

5 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

Iran alone accounts for almost 80% of worldwide executions in 2025, says report
Forward of Market: 10 issues that can resolve inventory market motion on Wednesday
Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up