The Creative Community for Peace (CCFP) has announced it will honor several music business executives at an upcoming event on October 4th. The event is being held at a private home of attorney Aaron Rosenberg and TV producer Danny Rose. More than 250 o…
Category archives: Feature Story
Vinyl Record Sales Expected to Surpass 10 Million Units In 2018 — And That’s Conservative
Vinyl records are on pace to achieve another ‘record’ year — at least in the modern era. The latest bullish data is coming from BuzzAngle, whose cofounder Chris Muratore divulged a range of vinyl stats at the Making Vinyl conference in Detr…
Vinyl Record Sales Expected to Surpass 10 Million Units In 2018 — And That’s Conservative
Vinyl records are on pace to achieve another ‘record’ year — at least in the modern era. The latest bullish data is coming from BuzzAngle, whose cofounder Chris Muratore divulged a range of vinyl stats at the Making Vinyl conference in Detr…
Latest Industry Jobs: TuneCore, Vevo, Symphonic Distribution, More…
TuneCore poaches a key executive from Viacom. Neil Bhay will serve as Vice President of Technology at TuneCore. He joins from Viacom, where he served as Vice President of Technology. VEVO confirms a key appointment. Bryon Schafer will serve as Senior …
Led Zeppelin Must Face a New Trial as Stairway to Heaven Verdict Gets Tossed
On the group’s 50th anniversary, Led Zeppelin has just received an unexpected surprise – a forced retrial. A U.S. Court of Appeals has just forced Led Zeppelin to face a new trial over its hit song, ‘Stairway to Heaven.’ The 9th Circuit Court of Appeal…
North America Set to Lead the Explosive Growth of the Streaming Music Market
So, just how big will the streaming music market grow in the US in the next few years? And, how about the rest of the world? Thanks in large part to streaming music services, US music industry revenue rose 10% to $4.6 billion. Streaming revenue accou…
Spotify Cracks Down on Premium For Family Users
Should Spotify – in order to maximize revenue – create a hostile user experience just to verify a listener’s location? In its Q2 2018 report, Spotify posted mixed results, at best. The streaming music service finished with 180 million monthly active us…
Yes, Spotify Now Pays Artists and Labels Less Royalties
No matter what the company says, you shouldn’t expect to make a living off Spotify. Or even enough to pay next month’s rent. Earlier this year, Digital Music News touched on an important topic. According to a report published by Audiam, as Spotify’s r…
Guggenheim Says Spotify’s Major Label Renegotiations Will Significantly Lower Royalty Obligations
Spotify’s stock bounced upward again on Thursday, thanks to optimistic comments from Guggenheim analyst Michael Morris. Spotify’s renegotiations with the major labels will significantly improve the company’s gross margins, according t…
Apple Music Converts Paying Customers Nearly 3 Times Faster than Spotify
Apple Music comes preloaded on iOS and works across all Apple products. That alone seems to have made the difference for the streaming music service. During Apple’s Q3 2018 financial report, the company made a stunning revelation. Confirming an earlie…