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Move over Spotify, YouTube is saving the music industry

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YouTube’s global head of music Lyor Cohen has revealed the platform put more than $4 billion in the pockets of artists, songwriters, and rights-holders during the past 12 months. 

In a June 2 letter shared with the music industry, Cohen said the money fueling YouTube’s payout came through the dual channels of YouTube ads, and YouTube Music and YouTube Premium subscriptions.

YouTube generated $19.78 billion from advertising during 2020, making its payment to the music industry about 20 percent of advertising revenue. 

Cohen stated that YouTube’s aim is “to become the leading revenue generator for the music industry and to help artists around the world build a career making music,”

Cohen noted the Google Alphabet-owned company added more paid “members” in Q1 2021 than it has during any quarter since launch. 

Has the COVID-19 pandemic driven more streams?

Staying at home during coronavirus lockdowns has meant many of us have increased our use of YouTube – which has increased their profits.

When compared to previous years, YouTube paid the music industry $3 billion in 2019, according to the company.

Among its most significant revenue-generators, user-generated content on YouTube accounted for more than 30 percent of the $4 billion it paid to the music industry in the last 12 months, Cohen stated in the letter. 

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U.S. stocks falling amid AI worries and weak earnings

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

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U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.


U.S. stocks are tumbling as investors grow concerned over AI profitability and disappointing earnings. Defensive sectors are attracting attention ahead of the upcoming CPI report, while market participants are carefully watching how tech-heavy AI stocks are influencing broader indices. Steve Gopalan from SkandaFX notes that these factors are shaping market sentiment.

For traders, commodities like gold and oil are also playing a role in sentiment, providing hedges amid market uncertainty. The January jobs report and unemployment data are adding further context, with potential implications for Federal Reserve policy.

Market expectations for rate cuts are shifting as investors weigh economic indicators against global market dynamics. Traders are also eyeing currency movements, including the Australian Dollar and Japanese yen, for signs of broader economic trends.


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Wall Street tumbles as tech stocks face AI disruption fears

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

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Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.


Wall Street took a sharp hit as tech stocks plummeted amid growing investor anxiety over artificial intelligence. Markets reacted strongly to uncertainty about how AI could disrupt major sectors, leaving investors on edge. Kyle Rodda from Capital.com explains why investors are nervous about what’s ahead.

Cisco Systems’ quarterly results added to the market jitters, while defensive sectors gained attention as investors sought safer bets. Analysts describe 2026 as a ‘prove it’ year for AI, with companies needing to demonstrate real returns on their ambitious investments.

The January Consumer Price Index report and rising concerns over AI’s impact on transportation companies further weighed on sentiment. Investors are now closely watching major tech firms for signals on how AI spending will shape future market performance.

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#WallStreet #TechStocks #ArtificialIntelligence #StockMarket #Investing #MarketCrash #NASDAQ #FinanceNews


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U.S. jobs report, Fed decisions, and Japan’s economic risks explained

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

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January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.


The January US jobs report shows a mixed picture for the economy, with payroll revisions and steady unemployment leaving analysts questioning the impact on Federal Reserve policy. We break down what the numbers mean for interest rates and market confidence.

US stock markets could face turbulence as investors digest the latest jobs data. David Scutt from StoneX explains how these figures may influence equities and what the outlook is for global markets.

Meanwhile, developments in Japan and a strengthening yen could spark new macroeconomic risks. From carry trades to unexpected shocks, we explore how these factors ripple across the global economy.

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#USJobsReport #FederalReserve #StockMarket #MacroRisks #JapanEconomy #GlobalMarkets #CurrencyTrading #EconomicUpdate


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