Billboard magazine recently released a profile of teenaged musician/rapper NLE Choppa, who handily turned down a $3 million label deal, opting instead to partner with a distribution company, UnitedMasters, and maintain all rights to his work. Kids these days! ______________________________ Guest post by Mike Masnick of Techdirt There’s a pretty…
Category archives: Major Labels
RIAA Names New Board Of Directors
The Recording Industry Association of America (RIAA) announced the election of its new board of directors on Tuesday, including nine new members. The board will serve a four year term, lasting until 2022. "As we advocate for a music ecosystem that respects artists and fans, we are fortunate to have…
Court Denies WMG Injunction, Clears Spotify India Launch
[UPDATED] A Mumbai court has failed to grant Warner Music Group and it’s Warner/Chappell Music publishing subsidy an injunction that would stop Spotify’s launch in India. Unable to reach a direct deal with Warner/Chappell, Spotify is preparing to launch under a blanket license previously used only by TV and radio….
What Beatles 2018 Success Says About Streaming’s Future [Mark Mulligan]
Almost 50 years after The Beatles disbanded, the Fab Four remain Universal Music Group’s fourth best seller of the last year. MIDiA analyst Mark Mulligan takes a fascinating dive into the numbers to discover what that implies for streaming’s future and the long term revenue that it may deliver to…
Full Text Of Spotify, WMG Dueling Statements On India Lawsuit and Launch
After WMG filed for an injunction to stop the launch of Spotify in India on Monday, both companies issued unusually strong statements that will resonate in the coming weeks, as the streamer continues global licencing re-negotiations with all three major music groups. From Warner Music Group (bold added) "After months…
New Study By Goldman Sachs Forecasts Double-Digit Growth For Music Biz
[Updated] The music business has had a tough go of it over the past decade, but in recent years things have taken a turn for the better, with industry business booming. Thankfully, this trend shows no signs of waning, according to recently published research from a team at Goldman Sachs….
Major Labels Earn $800,000 A Hour From Streaming
The three major label groups, Universal, Sony and Warner, earned a combined $800,000 per hour or $19 million per day from streaming services in 2018. That’s up $1.6 billion from the $5.3 billion that they earned from streaming in 2017. The analysis and this graphic come via Music Business Worldwide.
Before Universal: Kacey Musgraves And Triple Pop
Even before sweeping four major GRAMMY’s Kacey Musgraves, the past year saw the contemporary country artist explode in popularity, and though many think of her as a new artist, Musgraves’ recording career can be traced back quite a ways, and to a much smaller label than UMG. _________________________ Guest post…
Before Universal: Kacey Musgraves And Triple Pop
Even before sweeping four major GRAMMY’s Kacey Musgraves, the past year saw the contemporary country artist explode in popularity, and though many think of her as a new artist, Musgraves’ recording career can be traced back quite a ways, and to a much smaller label than UMG. _________________________ Guest post…
Before Universal: Kacey Musgraves And Triple Pop
Even before sweeping four major GRAMMY’s Kacey Musgraves, the past year saw the contemporary country artist explode in popularity, and though many think of her as a new artist, Musgraves’ recording career can be traced back quite a ways, and to a much smaller label than UMG. _________________________ Guest post…