Pandora signs office lease in Atlanta. Pandora Media has announced it will vacate its Atlantic Station offices following a deal for 50,000 square feet in the 21-story Campanile Tower in Midtown Atlanta. The company announced earlier this year it would…
Category archives: Sony Music
Latest Industry: Aerosmith, Downtown, Ariana Grande, AMAs + YouTube, Netflix, Bob Lefsetz, BTS, More…
“Please stop using our music, Mr. President. Love, Aerosmith.” Aerosmith’s Steven Tyler has demanded President Donald Trump stop using the group’s music. The President played ‘Livin’ On The Edge,’ at a recent rally in West Virginia. Tyler sent the P…
The major labels now turn over more than $1bn a month. But who’s ruling 2018?
Streaming revenues at the major labels have almost doubled over the past two years
The post The major labels now turn over more than $1bn a month. But who’s ruling 2018? appeared first on Music Business Worldwide.
Latest Industry: Sony Music, Eagles, OneRepublic, Backstreet Boys, RIAA, Marilyn Manson, 123 Music, More…
Sony Music starts distributing money from sale of Spotify shares. Sony Music has started distributing the $750 million in profit collected from the sale of its Spotify shares. Per Variety, the label will disburse payments to its artists and labels bas…
Sony Music launches JV label with Australian booking company 123 Agency
“Damian Costin and the team at 123 Agency have continually proven themselves as innovative and forward-thinking professionals, and we are delighted to welcome them to the Sony Music family.”
The post Sony Music launches JV label with Australian booking…
IMPALA Urges European Commission to Block Sony’s EMI Music Publishing Acquisition
If Sony’s acquisition for EMI Music Publishing goes through, will it really harm the music market? The Independent Music Companies Association (IMPALA) has filed two complaints with the European Commission. The organization, which represents the indie…
Sony’s EMI takeover ‘has to be blocked’ says IMPALA, as it files official EC complaint
Helen Smith and co voice regulatory concerns over the year’s biggest music takeover
The post Sony’s EMI takeover ‘has to be blocked’ says IMPALA, as it files official EC complaint appeared first on Music Business Worldwide.
The Music Industry Generated $43 Billion in Sales Last Year. Artists Only Received 12%.
Major labels and tech companies now earn billions from artists’ work. Well, here’s a small consolation – at least they get to keep the breadcrumbs. Earlier today, for the period ended June 30th, 2018, Warner Music Group (WMG) CEO Steve Cooper re…
Major Record Labels Sue Cox Communications for Over $1.5 Billion
Has Cox Communications knowingly profited from subscribers’ willful copyright infringement? Sony Music, Universal Music Group (UMG), Warner Music Group (WMG), and a host of other labels have filed a lawsuit against Cox Communications. Filed in the US D…
Universal and Sony are now turning over more than $500k from streaming every hour
And they’re both generating over $1m an hour from all formats…
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