Danny Wimmer Presents, a Los Angeles-headquartered music festival promoter, has secured a major investment from The Yucaipa Companies, a private equity firm also based out of Los Angeles. News of the backing was emailed to Digital Music News earlier to…
Author archives: Paul Resnikoff
As Spotify, Apple, and Amazon Dominate, Tuned Global Is Building Customized Streaming Platforms for Brands
While Apple Music, Amazon, YouTube, and Spotify duke it out for streaming dominance, B2B players like Tuned Global are eyeing niche opportunities. The streaming music space is now a battle royale between the biggest of giants. Even Spotify is feeling t…
BTS V’s ‘Singularity’ Surpasses 100 Million Streams on Spotify, YouTube, and SoundCloud
BTS vocalist V achieves major streaming success with his solo release, “Singularity.” V, a member of the highly successful South Korean band BTS, has achieved a significant milestone in his career. BTS’s “Singularity,” which was sung as a solo by V, ha…
The Power of Music in Advertising: Why It Helps You Stay in Your Customer’s Minds
Wondering if you should use music in advertising? Trying to discover what the benefits of using music in your ads are? Few things can make an advertisement more effective than a well-chosen song or musical piece. Music has a powerful ability to enhance…
YouTube Paid the Music Industry More Than $3 Billion In 2019, CEO Says
YouTube has the lowest per-stream payouts in the streaming music business — a dubious distinction for years. But platform CEO Susan Wojcicki says it all adds up. Why Wojcicki dropped the big news on a Friday before a three-day weekend is anyone’…
Who Says Warner Music Gets to Have All the Fun? Universal Music Group Says They’ll Go Public by 2023
According to the just-released earnings report from Vivendi, a French media conglomerate and the parent company of Universal Music Group, UMG will offer an IPO on Wall Street sometime within the next three years. The announcement came after UMG’s 2019…
Spotify Probably Owes You More Money — Here’s How to Get It (Our Latest Podcast)
Most artists (and even some labels) have no idea what a mechanical license is. Most likely, Spotify isn’t paying it to you. What? You’re not subscribed to the Digital Music News Podcast? We’re available on Apple Podcasts, Spotify, Google Play,…
Juice WRLD Family Members Getting Dragged Into $15MM Copyright Infringement Lawsuit
Surviving Juice WRLD family members are now being dragged into a massive, $15 million copyright infringement lawsuit filed by Yellowcard prior to the rapper’s death. Juice WRLD suffered a tragic overdose on December 8th of last year while his pri…
Rage Against the Machine Headlining Reading + Leeds — Stormzy, Migos Also Topping the Bill
Organizers behind the Reading and Leeds Festivals just took to social media to announce the news. The action begins in late August, though the annual frenzy starts now. Friday’s performances will be headlined by rap sensation Stormzy; Saturday’s sho…
Apollo Masters: ‘We are Uncertain of our Future at This Point’
Recently released details have shed additional light on the scope of the fire that consumed Apollo Masters’ Banning, California, production facility late last week. First responders arrived on the scene at about eight o’clock in the morning, and it too…