Yesterday Vivendi confirmed that it was in talks with Chinese internet giant Tencent to acquire a 10-20% stake in global leader Universal Music Group at a $33.6 billion valuation. MIDiA analyst Mark Mulligan looks at why Tencent might want to invest as much as $6.7 billion in UMG. _______________________________________ By…
Category archives: Music industry
The Evolution Of Documenting Song Credits: Split Sheets Go Digital
Co-writing a hit song with one of your bandmates feels great at the time and is all well and good, until down the road it suddenly turns out the two of you have differing opinions on who contributed what, at which point the royalties argument is bound to turn nasty….
The Importance Of Spotify Save Rates, How To Get On Discover Weekly
Here we look at why save rates on Spotify are so important, and how the work to increase your music’s odds of landing on game-changing playlists like Release Radar and Discover Weekly. ___________________________ Guest post by Kieron Donoghue of here.org.uk We all know that getting a song added to an…
Hassles And Handshakes: A Look At Loans For Songwriters
In this piece, Dan Reifsnyder delves into the challenge many songwriters, successful or not, face in attempting to secure loans for major purchases like a house, and what steps you can take to establish a paper trail and make the process that much less of a headache when the time…
Discogs Adds Inventory Platform For Professional Record Sellers, Serious Music Collectors
Music marketplace and community Discogs has launched NearMint, a new software platform for professional sellers. NearMint was created to help professional and hobbyist music sellers manage their inventory and business more effectively. The platform already manages over 1.9M inventory items for a number of large sellers who were part of…
Which Is The Better Music Video Premiere Platform: YouTube vs. Facebook
In this recent case study of sorts, Brian Hazard recounts his experience with both the YouTube and Facebook video premiere options in an effort to determine which platform’s offering makes for the music video promotion tool. _______________________________ By Brian Hazard from CD Baby’s DIY Musician You may have noticed that…
18 Connected With Indie Label Fast Cash Boyz Indicted By Federal Grand Jury
A federal grand jury has indicted 18 people connected with independent label Fast Cash Boyz Entertainment with charges that include bank fraud and conspiracy to distribute controlled substances. The charges allege that all eighteen defendants, 17 from Memphis and one defendant from Los Angeles, were affiliated with Fast Cash Boyz…
Sony Music’s Thread Shop Acquires Araca Group To Expand Merch Operation
Sony Music’s music merch division, The Thread Shop has acquired the music merch department of The Araca Group for an undisclosed sum. Araca Group’s merch division clients include Led Zeppelin, P!nk, Shania Twain, Sugarland and Zayn. That roster now shifts to The Thread Shop alongside their clients which include Bob…
WED. BRIEF: TickPick Raises $40M • Sony Expands Merch Ops • Chuck D Sues reach Global For $1M • More
WEDNESDAY 8.7.19
Music Business News From Around The Web
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Amazon Prime Student Members Get Music Unlimited For $.99 Per Month
The streaming price race to the bottom continues. Following on the heels of new partnership deals and discounts from Spotify and Apple Music, Amazon Prime Student members can now get Amazon Music Unlimited for just $0.99 per month. If the students are new to Amazon Prime. they can also get…