Ed Sheeran has notched yet another streaming record, surpassing a staggering 69 million monthly Spotify listeners, and is on course to hit 70 million. Sheeran has seen a spike in Spotify ‘Sheerios’ – as his fans are known – with the July 12th release of his album ‘No. 6 Collaborations…
Category archives: Music industry
THU. BRIEF: Sony Restructures • Saban Funds $500M Music Launch • Spotify Disney Hub • UMG Fire Update • More
THURSDAY 7.18.19
Music Business News From Around The Web
Updated continuously under the More News tab
BUSINESS OF INDIE: Astral People Launches • The Orchard Revealed • Zebralution Acquires EMS • More
In this week’s Business Of Indie, Indie label Astral People launches, The Orchard’s Chief Operating Officer Colleen Theis tells all, distributor Zebrulation acquires its technical service provider Encoding Management Service (EMS) and much more. Like Hypebot’s More News section, The Business Of Indie is nestled under its own Indie tab…
Sony Consolidates Records, Publishing Under Rob Stringer
Sony Corporation chief Kenichiro Yoshida has announced that the company will bring together its recorded music and music publishing businesses outside of Japan under the umbrella of Sony Music Group Sony Music Entertainment CEO Rob Stringer will now run Sony Music Group as well as Sony Music Entertainment. According to…
SXSW 2020 PanelPicker: Just 3 Days Left To Submit
The deadline to submit proposals to the SXSW PanelPicker is this Friday. July 19th. This online process gives attendees a voice in conference programming including presentations, panels and at SXSW. Competition is fierce with 6100 proposals submitted in 2018. The 2020 SXSW Conference & Festivals will run from March 13-22,…
Music ‘Trigger Cities’: Spotlight On Latin America
In this third part in a series exploring music "trigger cities", Jason Joven pf Chartmetric takes an in-depth look at Latin America’s music consumption stats to explore how listeners there are precipitating the exponential growth of Latin music’s global popularity. __________________________ Guest post by Jason Joven of Chartmetric Trigger Cities…
3 Strategies For Reviving Cold Music Industry Contacts
If you’ve entered the difficult world of music PR, you’ve doubtless faced the bone-chilling silence which greets most of your pitch emails. Getting a response to your carefully crafted email can largely hinges on finding just the right person to contact – here we look at some helpful tips for…
WAVE Raises $5.65 Million To Mix Music and Meditation
Breath, body, and beats could serve as the tagline for WAVE, the new subscription-based music-based meditation app and vibrating pillow that has launched with $5.65 million in seed funding. Investors include CrossLink Capital, Lerer Hippeau Ventures, Collaborative Fund, and Ludlow Ventures. WAVE’s founders see hugely successful apps like Calm and…
Can Major Labels Survive The Indie Music Revolution?
At the heart of the music business almost since its inception, major labels have successfully weathered multiple challenges to their industry dominance. But as music once again reinvents itself, can the major labels continue cling to power? ____________________________ Guest post by Bobby Owsinski of Music 3.0 Major record labels have…
LANDR Raises $26M To Expand Beyond AI Powered Mastering
AI-powered music mastering platform LANDR has closed a $26 million Series B financing round led by Sony Innovation Fund, microphone manufacturer Shure and state-owned financing corporation Investissement Québec and Fonds de solidarité FTQ. Additional investors include Warner Music, Plus Eight Equity Partners, Slaight Communications, YUL Ventures and PEAK Capital Partners….