Every Day Major Music Companies Earn $10M Millon, Indies $5 Million In Streaming Revenue
With average payments hovering around $.00575 per play, its easily arguable that Spotify, Apple Music and others music streamers are not returning sufficient revenue to creators. But in aggregate, music. Continue reading
Warner Music Group And Vevo Reach Deal After 7 Year Impasse, YouTube Excluded [OFFICIAL]
WMG will now license select music videos to Vevo. It took 7 years for WMG to overcome the issues of dealing with a company partially owned by its competitors Universal. Continue reading
Warner Music Signs Vadio Video Deal
Last year, Vadio raised $7.5 million in funding, and signaled a move into music by adding former Vevo CEO Rio Caraeff to its board of advisors. This week, Vadio struck. Continue reading
Ethan Kaplan Exits Gracenote For Fender
Like many heritage brands, Fender has struggled to find its place in the digital era. The company recently named Andy Mooney, an exec with brand building experience at Disney and Nike,. Continue reading
Music Publishing News Roundup 1.12.14: Sony/ATV, Deezer, New Stats & More
Sony has planned a possible sale of its music publishing division according to recently hacked Sony emails. The emails from Sony CFO, Kenichro Yoshida commented on the instability of the busines. Continue reading
Soundcloud To Join $1 Billion Startup Club With New Funding Round
Music and audio sharing platform Soundloud is in talks to add $150 million in funding at a $1.2 billion valuation. The new round would more than double the $123 million. Continue reading
Warner Music Partners With Chinese ISP Tencent
Warner Music Group and Tencent Holdings Limited announced a landmark agreement that includes the industry's first-ever master distribution partnership between a major music company and a leading Internet provider in. Continue reading
Warner Music Group Consolidates Global Biz Dev, Strengthens Digital
In moves that affirm both the importance of global business and the ascendancy of digital, Warner Music Group has brought all of its global business development functions under a single,. Continue reading