Universal Music Wins Bidding War To Manage Prince Catalog Just Ahead Of Streaming Launch

With multiple sources reporting that Prince’s extensive catalog will become available on most streaming music services this weekend, Universal Music Group has won the much sought after right to manage his extensive catalog. __________________________________ Universal Music Group has signed a a multi-year agreement with the Estate of Prince Rogers Nelson…

Drake, Bowie Top IFPI Global Top Selling Artists Of 2016

Drake was the world’s best-selling recording artist of 2016 according to the IFPI , driven by the success of his fourth album, Views, which was released last year. Drake is the fourth recipient of the IFPI Global Recording Artist of the Year Award which reflects worldwide sales across physical and…

Lady Gaga Spotify Streams Soar Following Super Bowl Show

Lady Gaga’s sales jumped 1000% after Sunday’s Superbowl 51 half time performance in Houston and her catalog’s streams on Spotify did the same. ________________________________________ Following Lady Gaga’s performance at Super Bowl 51, streams of the singer’s catalog in the U.S. have skyrocketed on Spotify. Stats on her streaming spikes include:…

Warner Music Group Reports Solid Quarterly Earnings, Streaming Revenue Up 47%

[UPDATE 2] Warner Music Group reported that revenue grew 8.0% in the quarter ending December 31st, 2016. Digital revenue contributed strongly to the earning jump rising 27.6% for the quarter. Overall net income was $24 million versus $28 million in the prior-year quarter. ____________________________________________________ Revenue at Warner Music Group was…

RIAA Certified 20 Albums, 181 Singles Gold Or Platinum In January

Further confirming the narrative that the music industry is again on the rise, the RIAA certified 20 albums and 181 singles gold or platinum in January of 2017. Latin artist Romeo Santos nabbed 14 awards and country star Jason Aldean got two album and one single award. _______________________ See the…

Lady Gaga Made $0.00 For Playing Superbowl, But Rewards Are Enormous [Watch Full Performance]

[UPDATED] When Lady Gaga took the stage for Sunday’s Superbowl Halftime, she’ll did it for free. That’s right, her paycheck for the day is $0.00. In fact, several years ago the NFL was reportedly asking artists like Beyonce’ if they or they labels would pay to play the halftime show….

Lady Gaga’s Paycheck For Playing Superbowl Halftime Is $0.00, But The Rewards Are Enormous

When Lady Gaga takes the stage at today’s Superbowl Halftime, she’ll be doing so for free. That’s right, her paycheck for the day is $0.00. In fact, several years ago the NFL was reportedly asking artists like Beyonce’ if they or they labels would pay to play the halftime show….

CHANGES @ Triple Tigers • Virgin Records • Atlantic Records

Triple Tigers Records has added former Warner Nashville exec Kevin Herring as Senior Vice President for National Promotion on Jan. 23. His resume also includes a 13-year stint at Disney’s Lyric Street Records and Mercury Nashville. • David Wolter has been named Executive Vice President of Virgin Records. The appointment…

UPDATE: BMG Acquires Jason Aldean’s Broken Bow Records For A Reported $100 Million Plus

[UPDATE] BMG has acquired Nashville’s Broken Bow and associated labels.The deal was for $100 million plus, according to multiple sources, and could signal a round of big acquisitions as streaming drives growing label profits. _________________________________ BMG has beaten all three major labels to acquire BBR Music Group (BBRMG) and its…

MON. BRIEF: BMG Buys Broken Bow • WMG’s Blavatnik Eyes Film • Music Tech Forecast • More

Monday 1.30.17 Music Business News From Around The Web Warner Music Group paired again with a film studio could give it some distinct competitive advantages. Updated continuously under our More News tab