Warner Bros. Records President Dan McCarroll Steps Down

Dan McCarroll will no longer continue at Warner Bros. Records. After four years at the label, Warner Bros. Records President Dan McCarroll will leave the company. In an e-mail to staff members, Warner Bros. Chairman Cameron Strang confirmed the departure. “Dan has been integral in evolving our A&R activity, and helping us grow our partnerships […]

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Youtube loses ground on us subscription music streaming in first six months of 2017

The volume of subscription streams on the likes of Spotify and Apple Music jumped by more than 69% in the US during the first half of this year to 141.3bn – dramatically outperforming the number of online music video streams in the same period.

Music Business Worldwide

Music Industry Jobs: The Latest Hirings, Firings, and Downsizings…

It’s been a sizzling summer so far!  Here’s the latest music industry jobs rundown, across every sector of the business. + Hiring? Post on DMN’s fabulous Job Board.  $195 per post (no expiration); email jobs@digitalmusicnews.com to post!   SoundCloud We start with the still-steaming pile at SoundCloud, where 173 employees recently received the ax.  The […]

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Congress Proposes a Law to Get Oldies Artists Paid

Congress will tackle whether ‘oldies’ artists should get paid on pre-1972 tracks. Two years ago, Pandora agreed to pay out $90 million over the contentious issue of streaming pre-1972 recordings.  Then, SiriusXM agreed to pay Flo & Eddie $99 million for having played The Turtles songs on its platform.  Now, Congress will deal with the […]

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Warner Music Group Just Acquired Songkick — But They Didn’t Go Near Its Ticketing Business

To avoid pending litigation against Ticketmaster and Live Nation, Warner Music Group chose not to acquire Songkick’s ticketing business. In an announcement last Friday, Warner Music Group has acquired selected assets from Songkick.  The acquisition includes the discovery app and website, along with associated trademarks.  The deal doesn’t include the ticketing business, however. As part […]

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In February of 2016, KPMG Issued an Urgent Warning About SoundCloud’s Finances. It Was Ignored.

SoundCloud’s employees were ‘shocked’ and blind-sided by massive layoffs last week.  But why were repeated warnings from financial  institutions ignored? 173 employees let go.  Two offices shut down.  Artists furiously downloading their collections and collecting fan emails.  A CEO battling media outlets spilling the beans. But should we really be surprised? Turns out that wild overspending and monetization problems have […]

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