As iHeartMedia Struggles to Exit Bankruptcy, Liberty Media Reportedly Eyes Control of the Company

Should Liberty Media acquire a significant share in iHeartMedia, John Malone’s company would own a majority stake in four music properties. Several months ago, John Malone and his company, Liberty Media, finally achieved what they had long hoped for. I…

WED. BRIEF: Indies Gain Market Share • JioSaavn = Streaming Powerhouse • iHeart Scores Liberty Investment • More

WEDNESDAY 12.5.18
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Apple Is Exploring a Sizable Equity Investment in Bankrupted iHeartMedia

With an investment in iHeartMedia, Apple could finally catapult its Beats Radio offering into the mainstream.  Let’s see how this plays out. According to a new report, Apple wants a slice of the iHeartRadio pie. Sources speaking with the Financial Time…

Apple Reportedly In Talks To Invest In iHeartMedia

Apple is considering an investment in iHeartMedia, according reports. One source suggests that the tie-in could be more of a major marketing partnership than traditional investment. The discussions between the two companies are reportedly still in the preliminary stages. A Very Different Approach Than Spotify Apple promoting Apple Music or…

THU. BRIEF: Spotify Disappoints Investors • Apple Ponders iHeart Play • Christmas Releases Now? • More

THURSDAY 11.1.18
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Latest Industry: iHeartMedia, Spotify, Streaming Subscriptions & Revenue, Live Nation, Deezer, More…

‘Bankrupt’ iHeartMedia buys Stuff Media. The broadcaster paid $55 million for Stuff Media, the company behind podcast network HowStuffWorks.  This comes a week after iHeartMedia announced it would partner with HowStuffWorks to launch the second season …

Latest Industry: SAG-AFTRA/AFM, Liberty Media, XXXTentacion’s Funeral, UMG, CD Baby, More…

SAG-AFTRA and AFM sued over the Intellectual Property Rights Distribution Fund. SAG-AFTRA and the American Federation of Musicians (AFM) face a massive class-action lawsuit for allegedly having a conflict of interest in their administration of streamin…

iHeartMedia Still Owes Artists $16.4 Million. Now, It Wants to Pay Itself $108 Million in Bonuses

iHeartMedia has proven that filing for bankruptcy can lead to a very solid payday.  Well, not for the artists, labels, and PROs it owes. Last March, underscoring Digital Music News’ theory a year earlier, iHeartMedia filed for bankruptcy. Ju…

Latest Industry: Live Nation, Spotify, Latin Music, YouTube, Pandora, Gibson, Shazam, Prince, Distrokid, More…

Get your $20 concert tickets while they last. Live Nation has announced that ‘National Concert Week’ will take place April 30th through May 8th.  The promoter will offer exclusive $20 all-in tickets for music fans to celebrate the kick…