Sonos files for IPO, revealing massive losses in the process. Sonos has filed for an IPO. The company hopes to raise $100 million. The filing has shown that last year, despite a 10% increase in revenue, Sonos lost $14.2 million. The company also los…
Category archives: Music industry
Latest Industry: Piracy Drops, TanaCon, Stony Plain, Idris Elba, James Mtume, Netflix, More…
Fewer young people are pirating content. According to a new report from the UK’s Intellectual Property Office (IPO), piracy has dropped 7% among 16-to-24-year-olds since 2015. Over half now subscribe to an online video service, including Netflix and A…
Article 13 Crashes & Burns Following Google’s Intense Lobbying Efforts
Google narrowly escapes having to pay artists what’s fair, undoing YouTube’s “value gap.” But, with today’s Copyright Directive failure, will the music industry throw in the towel? The European Parliament has voted against the ‘Directive on Copyright …
Could Paul McCartney Swing the Crucial EU Copyright Directive Vote for the Music Industry?
According to Paul McCartney, Article 13 will actually help protect musicians, songwriters, and music creators. Paul McCartney has joined the music industry’s effort to support a reform of copyright rules in Europe. The British singer/songwriter called …
Latest Industry: Facebook, Apple, MMF, Warner/Chappell, SGAE, YouTube, Drake, AWAL, More…
So, who did Facebook give YOUR information to? Facebook has admitted to providing 61 businesses access to user data, including public profile information, after stating it wouldn’t. The social network provided users’ personal information t…
Latest Industry: BTS, CDs, PPL, TuneCore, Garage Nation, IGTV, More…
Skips ads on Spotify free, but only in Australia. Australian users on Spotify Freemium can now choose whether to listen to audio ads (or watch video ads) or skip them altogether. With the campaign – dubbed Active Media – the company will use the test …
Revolution at 3.5″: Inside Vaporwave’s Mini-Boom of Floppy Disk Releases
Why the nostalgia-saturated labels subgenre is reviving the long abandoned format
Moog Music Says Trump’s New Tariffs Will Lead to Layoffs
And now, Trump’s trade war is impacting the music industry. Just this morning, Moog Music pointed to possible job losses ahead because of stepped-up Chinese tariffs. The 25 percent tariff increase on Chinese goods that President Trump is proposi…
Latest Industry: YouTube, Sasquatch!, Sony/ATV, Songkick, Instagram, Maynard James Keenan, Triller, More…
Sony/ATV, Stellar Songs, and MER launch Stellar Songs Scandinavia. MER, a Norwegian independent music company, has entered into a worldwide publishing joint venture with Stellar Songs and Sony/ATV Music Publishing Scandinavia. The agreement – which es…
Latest Industry: The Orchard, Columbia Records, Merlin, BTS, Ticketmaster, Spotify, MSG, More…
Blake Rayner named GM at The Orchard. The Orchard has named Blake Rayner as General Manager of its Australia and New Zealand business. He will oversee day-to-day operations in both countries, including artist and label management, acquisitions, physic…