Grammys 2020 TV audience fell by over a million viewers versus last year, as just 5.4% of 18-to-49-year-olds tuned in

That’s the lowest percentage in key age bracket of all time
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SoundExchange paid out $908m to artists and labels in 2019

MBW’s estimates SoundExchange’s lifetime payouts to members have now reached approximately $7bn
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Willard Ahdritz becomes Kobalt Chairman, as Laurent Hubert succeeds him as CEO

Ex-BMG exec Hubert joined Kobalt in 2016
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Universal’s legal chief Jeff Harleston awarded 2020 Entertainment Law Initiative Service Award

“Change is hard. It can be abrupt, it can be unexpected, it can be painful but it’s important and it has to happen.”
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Sir Lucian Grainge: Universal is transforming into the ‘most innovative audio-visual company in the entertainment world’

Billie Eilish and others play annual Universal Los Angeles event in Grammy week
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BMG responds to artist streaming revolt in Germany: ‘It is time for record companies to change.’

Letter appears to seek a ‘user-centric’ style of payment, while “attacking” record companies
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The artist revolt: Stars demand more streaming money from major labels in Germany

Acts including Helene Fischer and Rammstein want a bigger share of the pie
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Sony strengthens operations in Asia and Middle East, as Shridhar Subramaniam takes new President role

Major makes moves in India, China, Korea and beyond
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The Grammys fallout gets more shocking every day – but how relevant is the show to the modern record business?

MBW research suggests the famed ‘Grammy bump’ is weakening
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