In this journey back through a busy seven days in the music business, we revisit why music’s superstars are suddenly getting streamed less, how Spotify is redesigning your music library, a look at how a recent fire in the Universal Music archives may have been much worse than previously thought,…
Category archives: Music industry
Music Industry Shuffles: Sony/ATV, SoundCloud, Red Bull Records, Alamo Records, ASCAP, Sofar, iHeartMedia, More
Here’s a wrap on the latest music industry hirings, firings, retirings, and promotions. If you have a job listing to share, we’re all ears. Send us a note to news@digitalmusicnews.com. If you’d like to post a job on our Job Board, just send us a reques…
Drug and Sex Scandals Force Out YG Entertainment Founder and K-Pop Mogul
23 years ago, Yang Hyun-suk founded YG Entertainment. The Korean entertainment company has since launched and managed the careers of several notable K-Pop stars and actors. On the artist side, these include Blackpink, BTS, iKON, 2NE1, Big Bang, and Ps…
TOP POSTS: This Week’s Most Read Posts On Hypebot
Topping the charts to become Hypebot’s most-read articles this week, we had pieces exploring the new Instagram feature allowing users to add lyrics to their stories, the exit of Spotify exec Shane Tobin from Sofar Sounds, how indie stores are suffering as a result of major label distribution, and more!…
Spotify Takes Aim At Radio with ‘Your Daily Drive’ [Mark Mulligan of MIDiA]
[UPDATED] MIDiA analyst Mark Mulligan has been warning for more than a year that radio is streaming’s next frontier; and with this week’s release of the personalized music + news playlist "Your Daily Drive," Spotify took a giant step towards making his prediction a reality. _______________________________________ By Mark Mulligan of…
Can’t Find Your Missing Spotify Songs and Downloads After Yesterday’s Update?
Spotify updated its app for Premium users yesterday with a streamlined look, new music features like ‘Your Daily Drive’ and, of course, more emphasis on podcasts. As part of the streamlining, however, Spotify buried the users lists of "Songs" as well as the list of downloaded music that many use…
LiveXLive Reports Revenue, Subscriber Growth, But Still Bleeding Cash
Live music streaming service LiveXLive announced financial results for the 4th quarter of 2019 and full results for their fiscal year. The company reported record revenue for their full fiscal year of $33.7 million, which was up by 368% year-over-year and $9.2 million in Q4 2019, up 29% year-over-year. The…
FRI. BRIEF: Streamers Battle For Africa • Bentley To Exit KCRW • Facebook Watch • LÜM • More
FRIDAY 6.14.19
Music Business News From Around The Web
Updated continuously under the More News tab
Music Superstars Are Getting Streamed Less
Even as streaming continues to grow in popularity, it seems those top tear artists who were bringing home a disproportionate amount of revenue have seen their play counts slip – something which can only be good news for struggling mid-tier artists. __________________________________ Guest post by Bobby Owsinski of Music 3.0…
6 Things You Must Ask Your Automated Content Recognition (ACR) Vendor
Automated Content Recognition, or ACR, has become an integral part of the consumption of music and video as we experience them today. As more platforms publish user generated content, effectively monitoring use of copyrighted material has become increasingly difficult. So, how does one choose an ACR vendor that can be…