eOne’s substantial music division was barely mentioned in Friday’s announcement that toymaker Hasbro had acquired the indie entertainment conglomerate for $4 billion in cash. It was a glaring admission, particularly since eOne’s music side is said to the largest independent music company in the U.S. eOne’s music division includes 150…
Author archives: Bruce Houghton
How Much Does Streaming Actually Pay Musicians?
Musicians regularly and understandably complain about 0the payments they receive from streaming music services and release stats to prove they’ve been wronged. Too often, however, the numbers are incomplete or fail to include the publishers, labels, etc. – that can reduce what the artist finally receives. Here Tony van Veen…
ADA Worldwide Partners With Incubus on Global Distribution Deal
WMG owned distributor and label services provider ADA has partnered with multi-platinum band Incubus and the band’s own label of the same name. ADA will support the Los Angeles-based label across sales and distribution on a global scale, along with a full suite of label services in the US, including…
Taylor Swift’s ‘Lover’ Becomes Best Selling Album 2019 Less Than 48 Hours After Release
Just 48 hours after its release, Taylor Swift’s "Lover" became the top-selling album in the U.S. for all of 2o19, according to Nielsen Music and Billboard. Released last Friday (8.23), "Lover" neared 500,000 on Saturday besting the "A Star Is Born" soundtrack who has sold 444,000 sold through the week…
AM BRIEF: Taylor Takes Off • Kayne Hosts • Hitsville Scores • Gaana Soars • What’s Next For eOne? • More
MONDAY 8.26.19
Music Business News From Around The Web
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Spotify, Netflix Should Worry About A Global Recession
Spotify, Netflix and a select group of streaming services have experienced meteoric growth. But that growth – already slowing in some sectors – could be reversed if there is the global recession that many economists predict, says MIDiA analyst Mark Mulligan, and it’s not for the reasons you might think….
PledgeMusic’s Winding Up Petition Is Now Public
PledgeMusic’s official Winding Up petition is now public and it shares little new information, including which assets are still available to be sold to pay off the failed crowd funders substantial debt to artists, labels and other creditors. Winding Up is the UK equivalent of a court controlled asset liquidation….
Last Day To Vote On SXSW PanelPicker, Including Our Data Driven Touring Panel
Friday is the last day to cast your vote using the SXSW PanelPicker to help choose which panels should be presented at SXSW 2020. Check out all the great panels and consider giving our own SMART TOURING: GUIDE BOOKING + MARKETING WITH DATA a thumbs up. Sign up and vote…
Warner Music Licenses Music Discovery App Audiomack
Warner Music Group has entered into a licensing deal with fast-growing music discover app Audiomack. The partnership marks Audiomack’s first with a major label. The streaming service, which allows independent artists to upload an unlimited amount of music for free, says it has achieved 210% year-over-year growth in daily active…
Apple Music Adds New Music Daily Playlist
of "the latest must-hear songs." According to Apple, "When the most important artists—from across the world and across genres—have something new to drop, this will be the place to find it first." New Music Daily replaces Apple Music’s Best of the Week playlist and is updated daily. The first track…