Live Music, Massive Revenue Generator For UK and US

Live music revenue just keeps on growing… In the US, Live Music Revenue has been increasing year-on-year. Between 2014 and 2015, there was an increase in expenditure in the US by a massive $240 million. PwC predicts that the US music industry will see a year-on-year incline of 4.7% from 2015 through to 2020, stimulated […]

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Move Over Spotify and Apple Music, Amazon Paid Music Streaming Service Is Coming…

Amazon’s paid music service is coming earlier than expected… According to new reports, Amazon is preparing to launch their much-anticipated music streaming subscription service. Back in January, DMN reported Amazon’s preliminary talks about launching a potential streaming service. But, now these plans are more concrete and the service could be launched as early as this […]

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Latest Streaming Battle Strategies…

DMN takes a closer look at the latest competitive moves by music streaming platforms… Streaming exclusives. Streaming exclusives have become a major strategy adopted by streaming services to bump subscriber numbers. Tidal have had Rihanna’s ANTI, Kanye West’s The Life of Pablo, and Beyonce’s Lemonade as exclusives, and just this week Tidal released 15 Prince albums […]

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Music Company Forced To Pay $400,000 After Faking Evidence In Sony Music Lawsuit

Nice try Mayimba, but now you must pay… DMN have been following the fraudulent case since the beginning. In short, New York-based Mayimba Music LLC filed a suit against Sony Music regarding the ownership of Shakira’s hit song ‘Loca’, alleging that the song was a complete rip-off of a recording by Ramon Arias Vasquez called […]

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Grand Jury Wants Troy Ave Charged For T.I Concert Shootout

But, Troy Ave claims it was self-defense… Two weeks ago at a T.I. concert, a gunman opened fire at Irving Plaza at approximately 10:15 pm.  That was right before T.I. was due to perform on stage, creating pandemonium and chaos instead of the expected rap show. The venue had approximately 950 people in attendance when the […]

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Music Downloads Are Collapsing at a Faster Rate Than CDs

Revenue from paid downloads is falling faster than anyone anticipated. According to PwC projected figures shared with Digital Music News, physical revenue is falling at a (compound annual) rate of —12.3%, falling from $1.8 billion in 2015 to just under $1 billion in 2020.  But that’s nothing compared to paid download: according to the forecasted figures, paid […]

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Future Sued For $10 Million Over Allegedly Breaching Contract

According to TMZ, Future has been sued for breaching his contract with A1 Recordings. Back in 2011, the Rapper signed a six-album deal with A1 Recordings. But, later also signed a distribution contract with Epic Records, as well as a separate deal for record advances. A1 Recordings owner, Rocko claims that these separate deals with Epic […]

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Future Sued For $10 Million Over Allegedly Breaching Contract

According to TMZ, Future has been sued for breaching his contract with A1 Recordings. Back in 2011, the Rapper signed a six-album deal with A1 Recordings. But, later also signed a distribution contract with Epic Records, as well as a separate deal for record advances. A1 Recordings owner, Rocko claims that these separate deals with Epic […]

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Spotify’s Daniel Ek Says Selling Will Never Be An Option

So, basically if you’re a large tech company waiting to get your hands on Spotify, you will be sadly mistaken… According to a report by Bloomberg, Spotify’s Chief Executive and Co-Founder, Daniel Ek has boldly proclaimed that he has no plans whatsoever to sell the streaming service, and especially not to a larger US tech […]

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Vinyl Sales Reach Highest Level Since 1988

Vinyl just keeps on growing… For a moment, we thought that vinyl sales were slowing down due to exclusive preliminary data shared by Nielsen Music in April of this year. The data showed that in 2015, vinyl sales increased 30% on the previous year, where Q1 of 2016 showed a smaller increase of 10%. Though, […]

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