Today’s report comes after it was revealed that Spotify’s hopes of expanding into India this summer are under threat from the major labels.
Music Business Worldwide
Category archives: Music industry
Visualizing 40 Years of Music Industry Sales
Vinyl gave way to 8-tracks, and cassettes faded away as compact discs took the world by storm, and through it all, the music industry saw its revenue continue to climb. That is, until it was digitally disrupted.
Visual Capitalist
Le streaming musical représente 75 % des revenus de l’industrie musicale US
Les services de streaming musicaux semblent continuer de séduire de plus en plus.
Clubic
UK Trade Body Slams IFPI for Failing to Include Physical Sales
According to the ERA, the IFPI has clearly omitted the growing trend of physical music sales worldwide. It’s difficult to ignore the physical sales boom. According to a report from BuzzAngle, vinyl sales continue to experience double-digit growth. Whi…
Latest Industry Jobs: AWAL, Warner Music, CMG, Decca Records, More…
Kobalt’s AWAL announces a promotion. Matt Riley will now serve as Vice President of A&R at AWAL. He previously served as Director of Creative, helping sign key indie acts, including Bruno Major, Tom Misch, and Neneh Cherry. Based in Kobalt’s Lond…
Top British Musicians Call Brexit a “Self-Built Cultural Jail”
What impact – if any – will Brexit truly have on the British music industry? Bob Geldof isn’t too happy with Theresa May. In an open letter to the British Prime Minister, Geldof has recruited major stars in the UK music industry to oppose Brexit. Thes…
Latest Industry Jobs: Republic Records, Def Jam, Elektra Music Group, More…
Republic Records announces a promotion. Marleny Dominguez-Reyes will now serve as Senior Vice President of Marketing at Republic Records. She previously served as Vice President of Urban at eOne Music. Dominguez-Reyes joined Republic in 2014. Def Jam…
L.A. Reid’s Hitco Entertainment Partners with Pilgrim Media to Produce Music-Focused Shows
Expect more music-focused shows from Hitco Entertainment down the line. Last year, L.A. Reid abruptly stepped down as CEO of Epic Records. Early this year, the veteran music executive announced he had raised $75 million for a new label venture. Alongs…
Hotels Are Record Labels Now
R&B singer-songwriter Amber Mark is first signed artist on W Hotels’ new record label
China’s Biggest Music-Streaming Service Goes Public in the U.S.
Tencent Music Entertainment is China’s Spotify — but it actually turns a profit