Concord Music has now opened a new company aimed at the theatre industry. Several months ago, Concord Music confirmed its acquisition of Independiente Records. The London-based indie label had had a relatively successful history. First opened in 1997,…
Author archives: Daniel Sanchez
Astralwerks and Ninja’s New Album Includes an Exclusive Licensing Clause on YouTube
How long until YouTube closes Astralwerks’ ‘exclusive licensing’ loophole? Last week, UMG’s Astralwerks and Tyler ‘Ninja’ Blevins confirmed the full tracklist for Ninjawerks Vol. 1. The 13-track collaborative “soundtrack to gaming” would feature a tot…
As Acquisitions Continue, a New Report Reveals Hipgnosis Has Burned Through More Money Than It’s Brought In
Just how long can Hipgnosis continue spending money before its cash runs out? This year, Hipgnosis has gone on a massive spending spree. Following its IPO launch, where the specialist investment company sought to raise $264 million, the company acquire…
Following ‘Difficult’ 2018, BASCA’s CEO Will Step Down
Another top British music industry executive has just stepped down. Several days ago, Digital Music News received a curious e-mail. Following 12 years of dedicated service at the Worldwide Independent Music Network (WIN), CEO Alison Wenham confirmed th…
Gibson Guitars May Suffer a Major Setback in Bid to Exit Bankruptcy
According to the US Trustee’s office, Gibson Guitars shouldn’t consolidate its Chapter 11 cases into a single entity. Last March, Gibson Guitar did what many thought impossible. Saddled with over $1 billion in debt and sinking financials, the iconic 11…
Route 91 Festival May Return to Las Vegas Next Year
How many concertgoers would attend Route 91 Festival 2019? Two years ago, a lone shooter staying at the Mandalay Bay hotel shot and killed 58 festivalgoers at the Route 91 Festival in Las Vegas. Stephen Paddock, the 64-year gunman, also injured over 5…
BPI Successfully Shuts Down Counterfeit Vinyl Records Ring
Whether you make a few dollars or a thousand dollars on the side selling vinyl records, the BPI won’t tolerate any counterfeit operation. For the past four years, the British Phonographic Industry (BPI) and local police in South Wales have collaborated…
Like Ping, Apple Quietly Kills Off Apple Music Connect
Let’s face it – Apple just doesn’t do social. Apple Music executives found out the hard way. Several years ago, Apple shuttered a highly-publicized feature. Similar to Last.fm, the iTunes-based social network allowed users to follow people, including …
Serato Integrates SoundCloud and TIDAL for Real-Time Mixing, But Only If You’re Online
For DJs ready to create brand new SoundCloud mixes in real time, they’ll need a speedy and reliable internet connection first. Over the past several months, SoundCloud has unveiled several new features aimed at broadening its appeal. First, the company…
The Latest Music Industry Jobs: Fearless Records, Spotify Loses Another Exec, Capitol Records, More…
Fearless Records confirms two major appointments. Jenny Reader will serve as President and Chief Creative Officer at Fearless Records. The sixteen-year veteran previously served as Vice President of Marketing and Product Management. In addition, Andy …