Business, Services And Guides For Music Labels
A list of executive shuffles across the music business… Sony/ATV Music Publishing has hired Jennifer Drake as Senior Director, A&R. The role will be based in Los Angeles. Prior to this role, Drake worked as Creative Director at UMPG for two years. Universal Music Group has bid farewell to Pat Monaco, reports Billboard. Monaco has worked for UMG for over 26 […]
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Massive radio conglomerate iHeartMedia has long been struggling to stay afloat after saddling itself with billions in debt. Now, the company’s battles with creditors are intensifying as bankruptcy looms. Just this week, iHeartMedia was faced with a default notice from its senior creditors. The warning came after iHeartMedia decided to transfer 100,000,000 shares of Class B common […]
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The future of music listening isn’t happening at home. Parks Associates has released new data which shows that 68% of US-based smartphone owners listen to music via streaming outlets on a daily basis, a stunning stat that further reaffirms the mobility of music fans today. Within this group, Parks also found users listening to streaming […]
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Updated: Sonos says the layoffs were not ‘major’ or ‘significant’ as previously reported, though the company is declining to offer concrete numbers. Specific layoff figures have not yet been published. A recent study revealed that 55 percent of Americans typically listen to music through their laptop speakers. That raises serious questions over the future sophisticated, […]
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If Kim Kardashian and Kanye West can master the art of controlling the media spotlight, so can Sharon Osbourne. The 63 year-old talk show host, music manager, and wife of Ozzy Osbourne posted the fearless selfie on Twitter, inspired by an ‘internet breaking’ post by Kardashian. That is now causing its own mega-reaction, with the […]
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Sony Music Entertainment isn’t firing Dr. Luke, according to a statement just issued by the producer’s lawyer. The statement, from attorney Christine Lapera, is as follows: “This is not true. Luke has an excellent relationship with Sony. His representatives are in regular contact with executives at the highest levels at Sony and this has never come […]
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Sir George Henry Martin, the ‘Fifth Beatle’ who produced and guided the core catalog of Beatles’ works, has now died at 90. Martin, who passed away in the early morning hours of Wednesday, is being celebrated after a six-decade career that produced 30 number one songs in the UK and 23 in the United States, among other chart-smashing accomplishments […]
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Spotify is negotiating a fast-track settlement over unpaid publishing royalties that could reach $30 million. But that may only cover part of the liability. Please note: The following is a breaking story with quickly shifting details. Please check back for ongoing updates and developments. Spotify may wriggle its way out of a perilous publishing royalty lawsuit […]
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According to the Wall Street Journal, CÜR Media has received ”licenses from all three major record companies, giving them a collective $8 million in advance money.” In addition to the $8 million advances, CÜR has given each record company a ”5% stake in the company.” However, despite receiving such a high volume of investment cash, CÜR Media ”still […]
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Kanye West says he’s never making another CD. Maybe he should consider other formats as well. Kanye West is probably one of the most talked about artists today, and has become an absolute pro at placing himself front-and-center of controversial situations. There was the Taylor Swift scandal, the Tidal exclusive that didn’t even chart, the Twitter […]
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