President Donald Trump has just signed the Music Modernization Act following unanimous approval in both the U.S. House of Representatives and the Senate. The Music Modernization Act is now the law of the land, thanks to a signature from President Trump…
Category archives: Feature Story
American Music Awards Ratings Tank 25% to an All-Time Low; Total Viewers Down 29%
The American Music Awards’ Tuesday show ratings achieved a new all-time low according to Nielsen. The awards ceremony was down 25% in the key demographic of adults between 18-49. Nielsen estimates that 6.5 million viewers in this category watched the …
Blockchain Startup Wants to Build an Indestructible Pirate Bay
No, blockchain won’t save the music industry. In fact, if pirates have their way, the technology may actually create a nightmare for content creators. Is blockchain the savior of the music industry? According to some, the advantage of using blockchain…
On Location Acquires Future Beat to Create a Live Nation Competitor
Will On Location’s new acquisition prove a powerful competitor to Live Nation? On Location Experiences, a premium experiential hospitality business, has announced a new deal. The company has acquired Future Beat, a six-year-old provider of VIP concert…
‘Label-Like Hybrids’ Are Making Serious Gains — And They’re Not Threatened by Spotify’s Direct Deals
The traditional label model is rapidly evolving. But what’s it rapidly evolving into? As part of our broader look into the future of the label landscape, we’ve partnered with ONErpm to help us to help define the fast-growing sector of ‘label-like hybr…
Ahead of Their Meeting, Donald Trump Calls Kanye West ‘a Smart Guy’ — But Doesn’t Mention the Music Modernization Act
Donald Trump confirmed that a meeting with Kanye West is indeed on the White House schedule this week. But when’s the Music Modernization Act getting signed? Kanye West is slated to meet with both President Donald Trump and Trump son-in-law Jared Kush…
Chance the Rapper Could’ve Netted $20 Million from Apple Music
Has Apple Music truly given up on the bane of the music industry – streaming exclusives? Several years ago, to promote its fledgling streaming music service, Apple engaged in a very unique business practice. In exchange for an undisclosed sum of money,…
The Drake & Migos Disaster Tour Continues: Three More Dates Cancelled
Drake and Migos fans in Minnesota, Colorado, and Utah will be disappointed as three new tour dates have been canceled from the ‘Aubrey and the Three Migos’ tour. It’s the latest in a long series of postponements, cancellations, and date changes. The t…
Paradise Distribution Estimates That 97% of ‘Black Box’ Royalties Can Be Resolved & Paid
Depending on the estimate, the music industry has a ‘black box’ problem worth $2.5 billion. Some would call that figure extremely conservative. The ‘black box’ refers to the piles of royalties that are unidentified and never properly paid. The $2.5 …
Warner Music Exec: ‘The Business of Physical Music Is Quite Strong. We Have No Intention of Walking Away from This Business’
Vinyl records are still growing, and CDs may not be tanking as badly as we think. Warner Music Group is committed to all of it. The resurgence of vinyl records is obviously causing labels to reconsider the format. But physical formats, including CDs,…