Spotify opened the floodgates last week with a commitment to allow all artists to upload music to the streamer with no fees or commissions. But a look inside the offering shows that artists are being paid a bit less than the streamer pays both major and larger independent labels ________________________…
Category archives: Major Labels
UMG Partners With 7digital
UPDATE: The UK’s City AM reported that Universal Music Group has entered into an agreement with streaming and download tech provider 7digital to launch streaming, download and merchandise portals for its most popular artists. 7 Digital has now issued a clarification According to City AM 7digital will power direct to…
Passage Of Music Modernization Act Averts Artist Boycott Of Sirius XM
Yesterday the Music Modernization Act, a massive overhaul of the US copyright system, unanimously passed the Senate, and while good news for the music industry as a whole, one entity remains in opposition to the bill: SiriusXM. That said, the MMA’s smooth passage will like prevent a major boycott of…
eMusic Payment Problems Continue, More Labels Exit
More labels and distributors are pulling and keeping their music off the eMusic download store over late or non-payments. In July, we reported that Sony owned indie distributor The Orchard informed its labels that it was pulling all music down because they had "failed to receive payments." Music distributed by…
Amazon Music Making More Of Its Own Exclusive Recordings
Of late Amazon has been following in the steps of Spotify and dropping a series of exclusive recordings by noted artists like John Prine and Margo Price under the title "Produced By…", and although these recordings fall under the Amazon Originals banner, Amazon doesn’t actually own the rights to them….
YouTube Music Charts This Week: Eminem, Kanye Break Records, Mac Miller Dominates
This weeks YouTube Music Chart saw Eminem, Kanye and Lil Pump break 24-hour records, Mac Miller’s songs cover the charts, and Coldplay, Shakira, Zayn and MC Fiota pass one billion music video views. YouTube Music Fast Facts: Eminem – Killshot garnered a staggering 38.1 million views in its first 24…
Artists Are Driving MMA Ahead, SiriusXM Should Join Them [Chris Israel, musicFIRST Coalition]
The Music Modernization Act, which is scheduled for a full Senate vote over the next 24 hours, is supported by the music industry because it brings music copyright and compensation into the digital age. But SiriusXM is working to scuttle key MMA provisions, and artist advocates the musicFIRST Coalition are…
Bob Lefsetz, Jason Flom Join For ‘No Holds Barred’ Tour
Music industry pundit Bob Lefsetz and outspoken veteran music industry executive Jason Flom have joined forces for a live show set to hit the road for a limited run of dates this October. Lefsetz, who is known across the music industry for his regularly published “Lefsetz Letter,” which is always…
WMG Acquires EMP Merchandising For $180M
[UPDATED] Warner Music Group continues to diversify beyond recorded music with the $180 million acquisition of EMP Merchandising, a major European specialty music and entertainment merchandise e-tailer. EMP is currently owned by Sycamore Partners, a New York City private equity firm. The deal follows recent WMG acquisitions including Sodatone, the…
Music Modernization Act Vote Unlikely Today [UPDATE]
UPDATE: The Music Modernization Act is being fast tracked for a voice vote in the Senate. It’s a bold strategy that could backfire if even one Senator votes no. Despite earlier reports, it is now unlikely that the vote will happen today. The Music Modernization Act, which overhauls copyright and…