Disney is pulling much of its core content from Netflix, so that it can launch its own paid streaming service. Could this happen in music? Universal execs say that they don’t believe in "exclusive" releases on specific music streamers But what if the world’s largest label group pulled all of…
Category archives: Major Labels
Warner Music Had Its Most Successful Quarter In 14 Years
The recorded music industry has only recently gotten back on its feet after plummeting to half of its former peak. Streaming seems to have picked up the slack though, and Warner Music is seeing the results with its most successful quarter in fourteen years. __________________________ Guest post by Bobby Owsinski…
Five Latin Musicians Making Moves On Pandora
While we’ve likely all heard the chart topping ‘Despacito’ Emily Blake here introduces us to five slightly less well known up and coming Latin artists rising through the ranks of Pandora’s streaming charts. _____________________ Guest post by Emily Blake of Next Big Sound In case you haven’t heard, Luis Fonsi…
WMG Reports Strong Q3 Driven By Streaming Revenue
Warner Music Group Corp. today announced third quarter financial results for the period ending June 30, 2017. It was WMG’s strongest quarter in years. Net income was $143 million, compared to a $7 million loss in the prior-year quarter. ___________________________________ •Total revenue grew 13.1% or was up 15.5% in constant…
Eminem Manager Paul Rosenberg Named CEO Def Jam Records
Universal Music Group announced that veteran manager and label exec Paul Rosenberg will take over as Chief Executive Officer of Def Jam Recordings, effective January 1, 2018. Rosenberg is the founder and CEO of Goliath Artists Inc., a New York-based management firm that represents Eminem, Action Bronson, Show Me The…
$1.25 Million Lawsuit Accuses Universal Music Of Piracy
Universal Music has always aggressively fought piracy, as have its major music group peers and their trade organization, the RIAA. So forgive us if we see a big, steaming pile of irony in the news that UMG is being sued for $1.25 million worth of piracy. ____________________________________ Universal Music is…
Mercury Prize Shortlist 2017 Revealed
The Mercury Prize Shortlist 2017 is out. Honoring the best new albums in the UK over the previous 12 months, a single Mercury Prize winner will be named at a ceremony at London’s Hammersmith Odeon on September 14th. The 2017 Mercury Prize Shortlist • Alt-J – Relaxer • Blossoms –…
Quincy Jones Wins $9.4 Million Verdict Against Michael Jackson Estate
Veteran music exec Quincy Jones, who produced some of pop icon Michael Jackson’s best-known hits, including "Bad" and "Thriller," has won a lawsuit over royalties against the late King of Pop’s estate. The lawsuit, brought against MJJ Productions Inc., alleged breach of contract and said that Jones was owed $30…
MTV Video Music Awards Nominees 2017 – Full List
MTV has announced the nominees nominations for the 2017 MTV Video Music Awards. Kendrick Lamar scored eight nominations for his video “HUMBLE.” Katy Perry and The Weeknd are tied for five nominations each. _____________________________________________ MTV today announced nominations for the 2017 “MTV Video Music Awards” exclusively on Instagram Live. Building…
Linkin Park Breaks Silence With Heartfelt Open Letter To Deceased Frontman Chester Bennington
Four days after the apparent suicide of Linkin Park frontman Chester Bennington, the band broke their silence in a heartfelt open letter: "Our hearts are broken. The shockwaves of grief and denial are still sweeping through our family as we come to grips with what has happened." ________________________________________ Dear Chester,…