Too few transactions or limited value are common reasons for lack of investment into a sector like music, but the industry has been viewed as more favorable in recent years, with a wave of funding, mergers, acquisitions, institutional interest and prom…
Category archives: Music industry
Japan’s music industry explores online concerts to cure virus blues
Concert cancellations began to roll in on February 26, the day Japanese Prime Minister Shinzo Abe requested citizens to avoid large cultural events. As of the end of May, 220 of his shows have been canceled. “We lost sales of 4.2 billion yen ($39 milli…
This is how COVID-19 is affecting the music industry
The global music industry is worth over $50 billion, with two major income streams. The first, live music, makes up over 50% of total revenues and is derived mainly from sales of tickets to live performances.
World Economic Forum
Qui a dit que l’industrie musicale était morte et enterrée?
Goldman Sachs prévoit que le secteur dans son ensemble doublera en valeur d’ici à la fin de la décennie.
Korii
La industria del entretenimiento sufrirá perdidas de hasta $160 MDD en los próximo 5 años
Una de las industrias más afectadas por COVID-19 y que tardarán mucho en volver a levantarse es la del Entretenimiento.
Nightlife Mexico
Good News, Music Industry — American Jobs Are Storming Back as States Reopen
With American jobs storming back as states continue to reopen their economies following widespread lockdown measures stemming from the coronavirus (COVID-19) pandemic, artists and music industry professionals – who have been hit especially hard by the …
Warner Music Group Stock Continues to Gain During Second Day on Wall Street
Since returning to Wall Street yesterday after nearly a decade of private ownership, Warner Music Group has seen its per-share stock value climb steadily. Update: Warner Music Group’s per-share stock price leveled off during the second half of today’s …
PPL Collected More Than $342 Million in 2019 — And Paid All-Time-High Number of Performers
UK music licensing and performance rights organization Phonographic Performance Limited (PPL) has revealed that it collected more than $342 million (£271.8 million) worth of recording royalties on behalf of its members in 2019. PPL unveiled the figure …
Warner Music Group Is Back With the Biggest IPO of 2020
Warner Music Group (WMG) has announced that it intends to price its IPO shares at $25 apiece, as part of what will accordingly be 2020’s single biggest stock-market debut. Update: During its first day on the public market since 2011, Warner Music Group…
Latest Executive Gigs: Maverick, StubHub, APAP, TalentX, Sony/ATV
Here’s a recap of recent executive shuffles — including both hirings and in-house promotions — from across the music industry. If you have a job listing to share, we’re all ears. Send a note to news@digitalmusicnews.com. If you’d like to post a job on …