Songtradr’s Marketplace will close on September 1, 2026, prompting musicians to reconsider their reliance on single platforms for their music business. Artists are urged to create an “Exit Package” that consolidates their crucial music data, rights, and business continuity strategies, ensuring they can adapt and maintain operations despite potential service changes.
Universal Music Group’s significant stock decline in July 2026 signals investors’ shifting expectations regarding streaming growth. Despite reporting rising revenues, slower subscription growth raised concerns, prompting fears about the industry’s future. Artists should diversify income channels beyond streaming to maintain stability and foster direct relationships with fans, emphasizing control over their careers.