The BTS fan army is on the march again, extending their enthusiasm to a solo work by Jimin from K-Pop super group. Jimin dropped his first solo single “Promise” exclusively on SoundCloud on New Year’s Eve and almost immediately began breaking records. Jimin’s multilingual "Promise" logged the most streams ever…
Category archives: Major Labels
HMV May Be Rescued From Bankruptcy By Buyvia
Beleaguered music retailer HMV may be saved from bankruptcy by Buyvia, an online discount club with more than 200,000 members in the UK. The proposed plan would save a number of retail stores and use Buyvia’s expertise to overhaul HMV’s digital presence. HMV opened its first gramophone store almost 98…
10 Music Industry Predictions For 2019
While predicting the future is no easy task, a careful look at the best can least give us a sense of where the industry might be headed in the coming year, whether its the next development in the ongoing streaming war, the future of live music, or something else altogether….
HMV Falls Into Administration, Yet Again
Legendary UK music and entertainment retailer HMV has fallen into administration again. Administration is the British equivalent of bankruptcy protection. The 97-year-old company, which accounts for nearly a third of all physical music sales in the UK and nearly a quarter of all DVD sales according to The Guardian, last…
K-Popnomics: What Indonesia, Other Nations Can Learn From Korean Pop Music Industry
While we in the US have our share of big name pop artists, South Korea has its own share of stadium-filling stars that may be slightly less familiar to an American audience. But as the K-Pop industry continues to grow, other nations would do well to pay attention to what…
Universal Scores Win vs ISP In DMCA Safe Harbors Case
In the latest development in the case between ISP Grande Communications and Universal Music Group, a judge has ruled that Grande shouldn’t be able to use the DMCA’s ‘safe harbor’ defense since the ISP failed to terminate infringers. __________________________ Guest post by Mike Masnick of Techdirt We’ve written a few…
No #TimesUp For Charlie Walk, Lands New Job Despite Misconduct Claims Because "His wife stayed with him"
Former Republic Group president Charlie Walk, who left the company earlier this year amid multiple accusations of sexual misconduct, has resurfaced as a consultant for UnitedMasters, the new company launched by music industry veteran Steve Stoute. Stoute confirmed Walk’s position to Rolling Stone after it was first reported by Billboard….
Warner Music Group 2018 Revenue Tops $4B, Digital Up 20%
Warner Music Group reported 2018 revenue of $4 billion as part a quarterly and year end financial report on Thursday. It marked a 15 year high for the world’s third largest music group. Digital revenue for the full year grew 20.4% and is now three times physical revenue. WMG Q4…
Post-Brexit, Foreign Musicians Can’t Play UK Unless They Earn $38,000 A Year
A new official UK government report recommends post-Brexit rules for migrants that could jeopardize the UK music industry. The Government Migration Advisory Committee calls for a minimum salary requirement of £30,000 / $38,000 USD for musicians and other skilled migrants seeking five-year visas. Requiring musicians, songwriters and producers from the…
Making Vinyl Conference Expands To EU
After two successful US conferences, Making Vinyl heads to Europe for the first time. The B2B conference will celebrate vinyl’s rebirth on May 3 at the legendary Hansa Studios here, where David Bowie, Iggy Pop, Depeche Mode, Nick Cave, U2, R.E.M. others recorded LPs. Produced by the Colonial Purchasing Cooperative,…