A recent lawsuit from the estate of the late Randy California that Led Zep has pilfered key elements of their hit song "Stairway" from the band Spirit’s somewhat less well known "Taurus" seemed like it was it was settled in 2016, but a federal appeals court flipped the decision (which…
Category archives: Major Labels
Sony, WMG Buy $200M Stock As Tencent Music Files US IPO
Tencent Music (TME) has filed for a U.S. IPO to list on the New York Stock Exchange and NASDAQ Global Market with the goal of raising $2 billion. The Tencent F-1 filing offered an unusual and revealing peak inside China’s largest music streaming service. The Tencent F-1 filing with the…
This Record Label What The Future Of Music Business Looks Like [INTERVIEW]
In this recent interview, Danny Ross sat down with Danny Ross and Nat Hays of +1 Records, a mid-size player in a rapidly changing industry, about how their model of doing business could represent the future of the music industry. ___________________________ Guest post by Danny Ross. This article originally appeared…
Opposition To Sony Acquisition Of EMI Publishing Grows
Last week, Sony told EU anti-trust regulators that it was ready to close its deal to acquire EMI music publishing. If the sale is approved, Sony, already a behemoth in the world of music publishing will nearly double their publishing catalogue, growing it from 2.16m to 4.21m compositions. The deal,…
Music Supervision and Sync Roundup: Marvelous Mrs. Maisel, Metallica and More
Thanks to awards season and a plethora of new productions, the wold of music synch fro Marvelous Mrs. Maisel to Metallica and beyond is in overdrive this week. as Emma Griffiths of the Synchtank Synchblog chronicles. Film and TV The Marvelous Mrs. Maisel Wins Music Supervision Emmy (Tunefind) Amazon Prime…
Music Industry Moment Of Silence Today In Memory Of Route 91 Mass Shooting
A moment of silence will be observed on Monday in memory of the victims of the Las Vegas Route 91 Festival mass shooting which took place one year ago today. Radio stations will go silent, music industry leaders will bow their heads, and music fans will take a moment to…
What Artists Get Paid By Spotify Direct Deal
Spotify has recently begun not only allowing artists to directly upload their content to the streaming service, but also cutting directly deals with artists. Here we take a closer look at what exactly artists, labels, and Spotify all get out of these deals. __________________________ Guest post by Bobby Owsinski of…
Ricky Nelson Estate Sues Sony and It Could Mean More Money For Every Artist Ever Signed To A Label
The estate of 1950s teen idol Rick Nelson has filed a class action lawsuit against Sony Music Entertainment. The suit, which was filed in U.S. District Court in New York on Tuesday, alleges that the label is improperly withholding a portion of Nelson’s royalties from international streaming revenue. Also according…
Industry Reacts To Music Modernization Act House Passage: SoundExchange, BMI, NMPA, More
The "Orrin G. Hatch-Bob Goodlatte Music Modernization Act” passed the U.S. House of Representatives on Tuesday night and is on its way to the President for a final signature. Widely praised by the industry, the leaders of music trade groups and others were quick to react. SoundExchange President and CEO…
Classical Music Streamer IDAGiO Raises $11.7M, Launches in North America
Classical music focused streaming service IDAGIO is now available in North America. The Berlin based startup also announced that it has secured a funding round of 10 million EU ($11.7M USD) from existing investors. Classical music accounts for as much as 40% of global recorded music revenue.* IDAGIO has subscribers…