In brief: Spotify now boasts 456 million MAUs and 195 million premium subscribers, up 20% and 13% year over year, respectively.

In brief: it is the first time YouTube’s ad revenue shrank since Alphabet started reporting its earnings separately in 2019.

In brief: the Spanish-language media and content company has signed a multi-year agreement to use Nielsen’s forthcoming cross-platform measurement solution.

Amazon has begun building a suite of content around its Thursday Night Football offering that has piqued the interest of media buyers and has implications for sports broadcasting.

In brief: the share of total US adults who say they get their news from TikTok has tripled since 2020, from 3% to 10%.

In brief: Apple Music will now be more expensive than competitors Spotify and Amazon.

In brief: total pre-tax restructuring charges are expected to reach $2.3-$4.3bn.

The Facebook owner made a similar move last year in response to a bill in Australia which sought to force digital platforms to compensate publishers they share news from.

In brief: nine in 10 political disinformation ads tested by researchers were approved by TikTok, despite its purported ban on political advertising.

Nearly half of all purchases were for £20 or less, implying the developing social market is leaning towards attracting consumers of smaller luxuries.