[9] In February 2020, Penske Media Corporation, the owner of Rolling Stone made a strategic investment into Music Business Worldwide.

[16] Music Business Worldwide fired back by publishing a list of so-called “fake artists” on Spotify, who had no website or social media presence.

Music Business Worldwide estimated that the enterprise saw Spotify pay out over $1 million in royalties to the scammers.

[20][21][22] Music Business Worldwide has published reports featuring calculations, based on public filings, of the amount of money generated from streaming by the three major record companies.

[23] In February 2020, Music Business Worldwide calculated that the three companies were now collectively generating over $1 million per hour in royalties from streaming platforms.