“Taki Taki” hits 1B views on this week’s YouTube Music Chart, making Ozuna the artist with the most videos over 1B views. Marshmello hosted a gaming livestream for 40M viewers, and Imagine Dragons gets their second video in the billion views club and more. This week’s YouTube Music Chart highlights…
Author archives: Bruce Houghton
BUSINESS OF INDIE: Secretly Moves To AMPED • EMPIRE Adds Staff • A2IM West Coast Mixer • More
In this edition of the Business Of Indie, Secretly Distribution leaves ADA for AMPED, EMPIRE staffs up before some BIG releases, A2IM announces West coast mixer and much, much more. Like Hypebot’s More News section, The Business Of Indie is nestled under its own Indie tab at the top of…
Paid Streaming Will Surpass Free This Year [Survey]
Spotify, Apple Music, Amazon and other paid music streaming services hare doing a better job of converting free users to paid, according to new figures from the Entertainment Retailers Association (ERA). “Streaming has made it fashionable to pay for music again.” Already more males pay to stream music – 24.3%…
Secretly Leaves Warner Music’s ADA, Signs With AMPED
Independent music label and distribution company Secretly has parted ways with Warner Music Group’s indie arm ADA, and entered into a US distribution partnership with Florida-based AMPED. AMPED, is part of Alliance Entertainment and it its client labels include AWAL/Kobalt, Believe, Empire, IDOL, Lindsey Stirling, Mad Decent, Merge, mTheory, SM…
Spotify Reports Earnings Tomorrow, Analysts Predict Solid Q4
Spotify will report its quarterly earnings before the opening bell on Wednesday. A survey of analysts by Consumer Research Intelligence Partners hints at a solid Q4. Spotify stock closed up 1% Monday and 2.4% in pre market trading Tuesday on news that the streamer was in talks to acquire podcaster…
Harvey Goldsmith’s Edge Invests $4.5M In Festicket
Festicket has added a $4.5 million investment from music industry veteran Harvey Goldsmith led Edge Investments. UK based Festickets serves as a music festival discovery and booking platform, including accommodations and VIP experiences. The Edge investment comes as an extension of a late 2018 Series D that raised $10.5 million….
HMV Rescued From Bankruptcy By Sunrise Records
UK HMV record store chain has been saved from bankruptcy by Doug Putman, who also runs the Canadian music retailer Sunrise Records. Sunrise also took over 70 HMV retail locations across Canada early in 2017, growing the Sunrise footprint from 12 to 82 stores overnight. The core HMV brand, 100…
Warner Music Group Reports Strong Q1, Digital Up 17.6%
Warner Music Group reported total revenue growth of 15.1% in Q1, which ended on December 31st, led by 17.6% growth in digital revenue. “I’m pleased that we are off to a great start for fiscal ‘19,” said Steve Cooper, Warner Music Group’s CEO. “We have best in class operators working…
TUE. BRIEF: HMV Sold • Festicket Adds $4.6M • Paid Streams To Overtake Free • Spotify Promotes Huxley • More
TUESDAY 2.5.19
Music Business News From Around The Web
Updated continuously under the More News tab
Maroon 5 Superbowl Show Mediocre, Big Boi The Winner, Amazon and Pandora Stats Confirm
UPDATED: Maroon 5’s Superbowl performance is being called mediocre, at best. Add the damage already caused by their controversial ‘take-the-knee’ dissing decision to perform, and it all seems to have been hardly worth it for the band. Just in case you are still not convinced, check out these stats from…