New Musical Middle Class? AWAL Says ‘100’s’ Of Their Artists Are Making $100K+ Per Year
Kobalt’s artist services and distribution arm AWAL says that “hundreds of artists” are now making more than $100,000 a year using the company’s services and many have built catalogs with. Continue reading
Tencent Music Reports Q2 Revenue Up, Deals with UMG, Kobalt, Cooking Vinyl
Chinese music streamer Tencent Music Entertainment Group announced its financial results for Q2 2020 with total revenue topping $981 million, up 17% from last year. For the period, TME reported. Continue reading
Music’s Streaming Remuneration Model Can’t Be ‘Fixed’ [MARK MULLIGAN]
It’s almost universally agreed that change is needed as to how artists and labels are compensated for streaming music. Mark Mulligan of MIDiA vets the options. By Mark Mulligan of. Continue reading
BUSINESS OF INDIE: New Tencent Indie Ties • Concore Climbs Chart • Clay Walker To Show Dog • More
In this new edition of Business Of Indie we share news from indie labels, music publishers, and more including new indie moves for Chinese music giant Tencent, the Concore label. Continue reading
TikTok Rival Triller Licences All 3 Majors, Merlin [UPDATE]
UPDATE: TikTok rival Triller has inked a deal to access a global catalog of 80 million tracks including music from Sony, UMG, Warner Music Group and Merlin. Contrary to some. Continue reading
COVID-19 Hurt Major Labels Much More Than Spotify [MARK MULLIGAN]
Growth in music streaming has slowed and with podcasts, Spotify has developed an alternative growth strategy. But as the COVID-19 crisis has laid bare, the major music companies lack any. Continue reading
Why This Production Music Library Became A Record Label And Published Tracks On Streaming Services
In this article, Jonathan Parks of ALIBI explains how his company’s music production library suddenly became inundated with searches after one particularly successful sync placement, and how that attention drove. Continue reading
Which Songs Inspired You To Begin Making Music?
In this piece, we hear from the good people at Symphonic Distribution and learn which songs inspired them to pursue their career in the music business. Guest post by Randi. Continue reading
Which Indie Distributors Increase Your Chance Of Being Featured On Spotify?
Who is the best independent music distributor if you want to have a hit? Charles Alexander of label services firm Systemic took a look at Chartmetric and other data to find out.. Continue reading
Legislators Introduce “Save Our Stages Act” To Aid Independent Venues
While the music industry as a whole – and independent venues in particular – continue to face major challenges in the wake of the pandemic, new legislation being put forth. Continue reading
