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New Music Industry’s Last Week in Review: Live Nation vs DoJ • Sony vs AI • Songwriters vs Spotify • More

It was a busy week by any definition, and the music industry was no exception. The US DoJ announced that they want to break up Live Nation and Ticketmaster, Sony. Continue reading

Alana Bonilla on 05/25/2024 in Indie Music | Permalink | Comments (0)
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MIDiA Global Music Projections 2024-2031: On the road to $100 Billion

Discover how the rise of the Global South is set to revolutionize the music industry through 2031. Here are MIDiA Research’s projections and insights into the future of global music.,,,,

Alana Bonilla on 05/24/2024 in Major Labels | Permalink | Comments (0)
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Read Steve Albini’s incredible letter to Nirvana waiving ‘In Utero’ royalties

While Steve Albini shepherded thousands of albums, he preferred being called an engineer rather than a producer. That self-imposed distinction offers a glimpse at the depth of Alnini’s character, but his letter to Nirvana took it to another level…..

Bruce Houghton on 05/13/2024 in Indie Music | Permalink | Comments (0)
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UMG and TikTok have a New Deal, and the War of Words is now a Lovefest

The rancorous public battle UMG and Tikok has ended with a “new multi-dimensional licensing agreement that will deliver significant industry-leading benefits for UMG’s global family of artists, songwriters, and labels and will return their music to TikTok’s billion-plus global community”….

Bruce Houghton on 05/02/2024 in Major Labels | Permalink | Comments (1)
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QUICK HITS: New IFPI CEO • WCM + EA • Believe + Kidding Aside • King Street Sounds is back!

IFPI, the recording industry’s worldwide trade group, has named Victoria Oakley its new CEO. Oakley will join IFPI in June from Portland, the global strategic communications and advocacy consultancy, where she is currently CEO…..

Bruce Houghton on 04/15/2024 in Indie Music | Permalink | Comments (0)
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Warner Music will not bid to acquire Believe [full statements from both companies]

Warner Music Group announced on Saturday that it would not bid for independent music conglomerate Believe. No specific reason was given for the shift, but WMG was granted access to Believe financial data to guide their bid two weeks ago…..

Bruce Houghton on 04/08/2024 in Indie Music | Permalink | Comments (0)
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Infamous Record Store Crawl returns for a 7-City Comeback Tour

Music lovers, record enthusiasts, and audiophiles are checking their collections and ironing their CBGB t-shirts in anticipation of the upcoming Record Store Crawl tour, making a comeback after a four-year pandemic-induced hiatus…..

Bruce Houghton on 04/04/2024 in Indie Music | Permalink | Comments (0)
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Beyoncés Cowboy Carter breaks Spotify and Amazon one-day records

Move over Taylor Swift. On Friday, Beyoncé’s COWBOY CARTER became Spotify’s most-streamed album in a single day in 2024…..

Bruce Houghton on 04/01/2024 in Major Labels | Permalink | Comments (0)
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Artist’s Pandora SoundExchange payments now go directly to UMG

Since SoundExchange’s inception in 2003, 50% of song royalties from Pandora have been paid directly to artists after the digital PRO takes a 4.6% administrative fee…..

Bruce Houghton on 03/19/2024 in Major Labels | Permalink | Comments (0)
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Inflation Adjustment for Physical and Vinyl Mechanical Royalties

Global recorded music revenue jumps 9.8% after years of slow growth [MiDiA]

The music market has doubled in size since 2015, and it continues to grow. But who is getting all this money? A new MIDiA report digs deep for answers…..

Alana Bonilla on 03/19/2024 in Indie Music | Permalink | Comments (0)
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