The three major label want millions in payments for the use of music on two hugely popular short music video apps, TikTok and its Chinese counterpart Douyin. Deals between UMG, Sony, WMG and the Chinese owner of the apps, ByteDance, expire this spring, But after months of talks, the two…
Category archives: Major Labels
Streamer Boomplay Music Raises $20 million
African based music streamer Boomplay Music has raised $20 million in Series A funding to expand across Africa. The company reports more than 44 million app downloads and is adding an average of 2 million new subscribers monthly. Boomplay is a joint venture of Chinese phone maker Transsion and Chinese…
Midem Names Artist Accelerator Finalists 2019 From Record Number of Entries
Midem has announced the finalists for its 2019 Artist Accelerator competition after a record number of submissions, including from 24 new countries. The event, which is this year presented by label and distribution company Amuse, will see artists receiving access to professional mentoring and networking, including free legal consulting by…
Impala, AIM Express Concerns As Brexit, UMG Sale Loom
As Brexit uncertainty grows and suitors circle Universal Music Group, EU independent music trade groups IMPALA and AIM are calling on both the EU and the UK to ensure that the needs of the cultural and creative sectors are prioritized in negotiations. The IMPALA board held their board meeting in…
10 Trends Reshaping The Music Business [Mark Mulligan]
Streaming may get all the headlines, but it is far from the only factor that’s driving strong and and sustained growth in the recorded music industry; and the ripple effects of these trends will reshape the music industry for years to come. MIDiA analyst Mark Mulligan offers 10 trends reshaping…
25 Songs Have Each Played Over 1B Times On Spotify
Two and a half years ago, Drake’s “One Dance” became the first song on Spotify to be played one billion times. This week, the 25th song joined the billion stream club. Here is the list of the the all the songs played 1 billion or more times on Spotify. Ed…
Creators May Have Won Battle, But Lost War With EU Copyright Directive Passage
As the European Parliament finally pushes its long-contested Copyright Directive to passage (Article 13 included) many content creators are claiming victory over their tech overlords, but such immediate successes could overshadowed in the near future. _____________________________ Guest post by Bobby Owsinski of Music 3.0 The European Parliament finally is about…
Lil Nas X And The Question: Who Defines What A Genre Sounds Like
Lil Nas X’s breakout smash "Old Town Road" was recently yanked from Billboard’s country charts, despite the songs massive success, owing to the song’s alleged failure to sufficiently embrace the genre defining elements of country music. Consequently, this raises the question: who gets to define what a genre sounds like?…
Recorded Music Revenue Grows 9.7%, Streaming Up 34% Worldwide says IFPI
The global recorded music market was up 9.7% in 2018. That’s the fourth consecutive year of growth, according to the recorded music industry trade group IFPI’s Global Music Report 2019. Total revenue for 2018 was $19.1 billion. Streaming revenue grew 34% and accounted for 47% of global revenue, driven by…
Rock And Roll Hall Of Fame Holds 2019 Induction Ceremony
The Rock And Roll Hall Of Fame had its 2019 induction ceremony at Barclays Center in New York this weekend and it was an evening of gratitude and well-wishes not only for the inductees, but also to the Hall itself for a job well done. This year’s honorees included Radiohead,…