SoundCloud ‘may run out of cash this year’ as it posts €51m loss

Average wage at Berlin-based company topped €90k last year despite perilous financial position

The post SoundCloud ‘may run out of cash this year’ as it posts €51m loss appeared first on Music Business Worldwide.

Warner gains, Sony holds, Universal falls in US 2016 market shares

MBW estimates based on BuzzAngle’s new report lay bare the winners and losers of 2016The post Warner gains, Sony holds, Universal falls in US 2016 market shares appeared first on Music Business Worldwide.

Why Sub Pop’s founder quit the music industry – and what he thinks of it today

Sub Pop founder Bruce Pavitt gives a no-holds-barred account on the music industry today

The post Why Sub Pop’s founder quit the music industry – and what he thinks of it today appeared first on Music Business Worldwide.

Warner Music veteran named Amazon’s Director Of Ticketing

Peryer spent over four years at Warner Music after joining as CEO, Artist Arena, in 2012

The post Warner Music veteran named Amazon’s Director Of Ticketing appeared first on Music Business Worldwide.

BMI files legal action against Radio Music License Committee over royalty rates

PRO joins Irving Azoff in fighting for bigger royalty pot from radio groupThe post BMI files legal action against Radio Music License Committee over royalty rates appeared first on Music Business Worldwide.

Independent labels claimed 35% market share in the US last year… by ownership

New BuzzAngle stats show power of independent labels – and major distribution – in the US

The post Independent labels claimed 35% market share in the US last year… by ownership appeared first on Music Business Worldwide.