Warner Music

According to Warner Records, Steve Carless will take over as President of A&R. In his new job, Steve will collaborate with the A&R team and report to CEO Aaron Bay-Schuck. The new hire has a significant resume in the music industry, including projects working with Beyonce, Big Sean, Pusha T,Continue Reading

British Government Music

The House of Commons in London calls for a watchdog to investigate the UK music industry’s structure. Why? Because there are concerns that the large labels have too much clout, forcing the competition to grow too “ferocious.” The BPI said: “Supporting further market growth and preserving UK music’s dynamism, investmentContinue Reading

Twitch

Amazon-owned Twitch has reached an agreement with music publishers to work together to develop new productive collaborations. The new agreement will allow Twitch to open up new opportunities for music publishers and strengthen the link between gaming and music. CEO of the national music publishers association, David Israelite, recently spokeContinue Reading

Wolverhampton Wanderers

That’s right; you heard it right! Wolves will launch a new label, Wolves Records, in collaboration with ADA by Warner Music. Peter Rudge, a legendary music manager, will serve as a strategic consultant for the label, which is actively seeking fresh talent.Continue Reading

Medialab Buy Genius

According to current sources, Medialab, the Los Angeles-based corporation, has purchased Genius, the lyrics database, for $80 million. Genius started life in 2009, and since then, more than two million contributors have contributed material to the platform. Tom Lehman, the co-founder of Genius, said: “MediaLab’s commitment to investing in artistsContinue Reading

Beatclub

Beatclub, Timbaland and Gary Marella’s beat marketplace has received an invitation to join IBM’s Hyper Protect Accelerator mentorship programme. The IBM Hyper Protect Accelerator helps early-stage entrepreneurs, and it has already served at least 45 since its inception. Furthermore, when Beatclub launches later this year, it will expand and growContinue Reading

US Record Music IndustryUS Record Music Industry

In the first half of 2021, the recording music industry in the United States grew. Furthermore, new data shows that revenue from recorded sales increased by $1.5 billion in the first quarter of this year, compared to $7.1 billion in 2020. The increase is due to a rise in musicContinue Reading

Apple Music

Apple Music, the music streaming service, is now integrating Shazam’s technology into its platform to ensure all rightsholders get paid. Apple, which owns Shazam, uses the song finding tool to ensure that owners of the music that appear in mixes get their share of royalty payments, and it is partContinue Reading

TuneCore Marketing

Nicholas Krus is the new vice president of marketing at music distributor TuneCore. Krus will report to Andreea Gleeson, the CEO, and will take control of all marketing activities. Andreea said: “Nick is that rare individual who is actively right and left brained. He can analyze data one minute, thenContinue Reading

Australian Music Industry

The Australian music business supports the national vaccination drive by encouraging music fans to get vaccinated. Key industry figures have been bolstering the campaign with one statement saying: “Help us stop the interruptions and get vaxxed as soon as you can. Every jab makes a difference, and every Australian canContinue Reading

South Africa Chart

The first official South African music chart has been launched, with the chart places based on streaming data. The new TOSAC list will utilise data from streaming services like Spotify, Apple Music, and Deezer. Sean Watson from the Recording Industry Of South Africa said: “This represents a significant milestone andContinue Reading

Tencent Holdings China

Due to China’s recent exclusivity ban, Tencent is removing all of its exclusive music deals in the country. Nevertheless, Tencent has stated that they “will continue to cooperate with the upstream copyright party in a non-exclusive way, and will negotiate with the upstream copyright party on non-exclusive cooperation matters”. Essentially,Continue Reading

Warner Music Leaders

Warner Music has recently changed several senior executives, leaving many people perplexed as to why. When asked about the strategy, Warner’s Simon Robson said: “In an environment where the music business is both more globalised than ever and hyper-localised at the same time, our international leadership team positions us brilliantlyContinue Reading

Linktree Music

With its music link capability, Linktree will integrate with Songlink/Odesli. The new feature will give musicians more chances to grow on streaming platforms and provide music lovers with additional options to discover new songs. CEO of Linktree, Alex Zaccaria, said: “Before co-founding Linktree, my brother Anthony and I spent aContinue Reading

China

Insulting lyrics do not sit well with China. As a result, the government has decided to prohibit all disparaging music from being played in its karaoke establishments. The government will conduct inspections and spot checks to ensure that venues comply with the new rule, which will take effect in October.Continue Reading

Spotify

Spotify has begun repurchasing $1 billion in stock from its shareholders. One of the reasons Spotify may repurchase its stock is because it believes it is undervalued and has a lot of room for growth in the future. Paul Vogel, CFO at Spotify, said: “This announcement demonstrates our confidence inContinue Reading

Tunecore UK

Tunecore have announced a new head for its UK operations. Furthermore, Sarah Wilson will take over the giant distribution platform and have more oversight in Ireland, NZ, and Australia. Sarah Wilson said: “I am thrilled to take on this wonderful role at TuneCore, a dynamic and future-facing company.” “Coming offContinue Reading

Distrokid Valuation

Distrokid, the music distributor popular with independent labels and musicians, has received a $1.3 billion investment from Insight Partners. Philip Kaplan, the company’s founder and CEO, said: “Our growth has been wild, but the mission hasn’t changed. Most of all, we’re incredibly honored and thankful for every artist who’s chosenContinue Reading

Lizzo

Photo Credit: Andy Witchger | Licence Lizzo recently spoke with Zane Lowe on body image in the music industry. The singer said: “I feel like fat is the worst thing people can say about me at this point. This is the biggest insecurity. It’s like, ‘How dare a pop starContinue Reading

AEG

AEG, one of the world’s most prominent concert organisers, has announced that all concert attendees will be required to provide proof of vaccination before entering a venue. According to AEG, the regulation will be in force no later than October of this year, giving music lovers plenty of time toContinue Reading

Live Promoter

A Belfast live music promoter has expressed his delight at returning live performances following a two-year hiatus due to COVID-19. The Custom House Square booker, said: “We haven’t done an outdoor show on this site for two years now, so to be here today, gearing up for this show, isContinue Reading

Sony Music Germany

Sony Music Germany has announced a new stake in Tiger Media International GmbH. It will enable Sony to expand in the domains of children’s entertainment, and the new investment will aid their long-term strategic plans. Sony Music Germany’s Patrick Mushatsi-Kareba said: “Together, we are developing a direct-to-consumer business channel whichContinue Reading

Insurance Gigs

The British government, led by Boris Johnson, has announced a live events reinsurance scheme covering concerts and festivals that cannot go ahead due to COVID-19. According to the government, it is: “One of the only insurance schemes in the world to cover such a wide array of live events andContinue Reading

Concert COVID-19

Live Nation, the music promoter, allows its touring artists to make their own decisions about the COVID-19 requirements. Although the major music promoter is interested in bringing people together, it will not enable unvaccinated employees to work at its events. However, Live Nation has released a document outlining ‘best practices’Continue Reading

Edinburgh Fringe Festival

Photo Credit: Festival Fringe Society | Licence According to the Chief Executive of the Edinburgh Festival Fringe Society, the festival’s recovery could take up to five years. Shona McCarthy reiterates the need for more assistance for artists, venues, and promoters and aid to help them recover faster in the comingContinue Reading

Olivia Rodrigo

Photo Credit: Brett Jordan ‘Sour’ hitmaker Olivia Rodrigo is now part of Sony Music Publishing. The singer who took her debut album ‘Sour’ to number one said: “There’s nothing i love more than songwriting; it’s my favorite thing in the world, and i’m excited to be working with the teamContinue Reading

Sony Music

In the second quarter of 2021, Sony Music’s recorded music revenues increased by 48.2 per cent. When compared to the same period in 2020, this staggering rise amounts to $451 million. Furthermore, the record label’s overall revenue in the second quarter was $1.39 billion, with $995.4 million coming from streaming.Continue Reading