Tour trade publication Pollstar tracked more than 44,000 live concerts in 2018 logging in a record-setting $10.4 billion total gross and 152.1 million tickets sold. Ed Sheeran topped the year grossing a whopping $432 million, an all time touring record. Pollstar’s Top 100 World Wide tours totaled $5.6 billion U.S….
Author archives: Bruce Houghton
How Stereo Records Were Sold To A Skeptical Public: Hi-Res Lessons In An Era Of Lo-Res Music
Music’s pundits wondered ad infinitum if consumers would put up with the inferior digital sound of downloads and streaming. More than 17 years after the iPod was introduced , the answer is a loud lo-res yes. Such was also the case when the music industry first introduced stereo records to…
Select A Project Manager and Stop Meeting By Committee [Music Biz Weekly Podcast]
Michael Brandvold and Jay Gilbert discuss the pitfalls of holding conference calls and meetings with groups of people and not having a single point of contact who is responsible for managing your project on this episode of the Music Biz Weekly podcast. Don’t get sucked into the hole of wanting…
New Colossus Int’l Indie Music Fest Sets March NYC Debut
Six independent music venues in lower Manhattan are teaming up in early 2019 to host the New Colossus Festival. The festival will take place from March 7-10, and features performances by a host of eclectic domestic and international acts that includes The Natvral (Kip of The Pains of Being Pure…
Spotify To Rise 60% say 33 Top Analysts as Stock Hits New Low, Sheds $12B Value (NASDAQ:SPOT)
Spotify stock closed at $125.68 on Friday, ticking up slightly from an all time day-end low of $125.55 the day before. In late July, Spotify’s stock was soaring at $196.28, raising the streamer’s market cap to $35.3 billion. 5 months later the Spotify market cap has fallen more than $12…
BASCA CEO Vick Bain Exits
[UPDATED] Vick Bain is stepping down as CEO of The British Academy of Songwriters, Composers and Authors (BASCA). Following a successful battle with breast cancer this year, she will exit BASCA to pursue new goals. During her tenure, Bain led the organisation through a major modernisation programme and recently oversaw…
MON. BRIEF: Has Spotify Stock Hit Bottom? • Springsteen, BTS Concert Films • LiveStyle Turnaround • More
MONDAY 12.17.18
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T-Series Poised To Reshape Global Culture As Biggest YouTube Channel Ever [Mark Mulligan]
T-Series, the biggest global music label and and movies studio that you’ve likely never heard of, is within weeks of surpassing PewDiePie as the world’s biggest YouTube Channel with more than 75 million subscribers. It’s also the company that Spotify just cut a deal with as its preps entry into…
YouTube Spam Purge Lowers Subscriber Many Counts
YouTube is cleaning up problem videos, spam comments and spam subscriptions on the platform. As a result, many creators are seeing a significant drop in subscribers numbers. YouTube explained the effort and its effects in a post to creators. [bold added] "Heads up that on December 13-14, 2018 you may…
SoundExchange Names Digital Radio’s Top Tracks and Breakout Artists Of 2018
Soundexchange is sharing its Top Track and Breakout Artists of 2018 based on airplay from digital radio services including satellite, internet and cable radio. Pandora and SiriusXm are among the survey’s largest reporters. Ed Sheeran and his "Perfect" were the #1 most streamed track on digital radio this year according…