Talent Is Timeless, the premier platform for songwriters over 50, is proud to announce its partnership with Universal Audio, a leading manufacturer of professional audio recording hardware and software. Universal Audio will sponsor the 2023 Talent Is Timeless songwriting competition with three of their Volt 2 Studio Packages, providing winningContinue Reading
Since its founding in 1998, CD Baby, the music distributor owned by Downtown Music Holdings, has reportedly paid out more than $1 billion to musicians. Andrew Bergman from, Downtown said: “As business partners since 2014, we appreciated the depth of CD Baby’s organization and its incredibly loyal client base, twoContinue Reading
The purchase of music catalogues is becoming the equivalent of premier league clubs purchasing the world’s best footballers; the money spent is out of this planet! Furthermore, Sony Music Entertainment has purchased Bruce Springsteen’s music rights for a whopping 550 million dollars! Although we do not know the ins andContinue Reading
In February, Apple employees, including those who work in Apple Music, will no longer be expected to return to the office. Tim Cook, Apple’s CEO, indicated that staff would be permitted to work from home ‘indefinitely,’ with a ‘yet-to-be-determined’ return date. Also, all of its corporate employees will receive $1,000Continue Reading
In 2021, TikTok was a breakthrough year for music, with over 430 songs surpassing 1 billion video views. TikTok’s Global Head of Music, Ole Obermann, said: “TikTok opens the door to new artists, new sounds, underground and DIY scenes as well as the classic hits, connecting them with a globalContinue Reading
With their latest announcement that they will develop ‘Virtual Identities,’ Universal is paving the road forward in the NFT space. The flagship label will team up with Genies, the avatar tech company, for their project, and they also state they will create NFTs for their artists. Celine Joshua from UniversalContinue Reading
According to recent reports, Ali Lieberman will join Symphonic Distribution as Vice President of Product. Speaking about the new appointment, Ali said: I’m thrilled to join the team at Symphonic and am very impressed with the high-quality services they offer creators. I can’t wait to build some really cool productsContinue Reading
Following Spotify’s growth into a slew of new nations, the streaming firm has added 16 more languages to its Spotify For Artists platform. Spotify said: “Until now, Spotify for Artists has only spoken one language.” However, this is now about to change.Continue Reading
The Beatles’ vintage audio interviews will head to auction this week as NFTs. The interviews, which are separate interviews with each member, have not seen the light of day in decades. Speaking about the revelation, Jonathan Firstenberg said: “The owners of VOCR acquired this remarkable archive from its creator, KathleenContinue Reading
Warner Recorded Music has appointed a new SVP of international, Phebe Hunnicutt. Speaking about the new position, Phebe said: “It’s an exciting time to join Warner Music as it works with partners to tap into opportunities in rapidly developing new markets, as well as to drive innovation and offer fansContinue Reading
2K, the game publisher behind the popular basketball game NBA 2K22, has teamed up with SoundCloud to search for new talent for their new soundtrack. On the 2K Beats: The Search website, artists can submit their original tunes for consideration.Continue Reading
With his proposal to pay royalties directly to performers instead of through the label, a British politician sends record labels into a frenzy. Although the proposed bill would allow artists to earn more from their music, many question its practical benefit. Furthermore, labels will have little motivation to break songs,Continue Reading
NetEase, the Chinese company, will list its music streaming service, NetEase Cloud Music, on the Hong Kong Stock Exchange on December 2nd. Sony Music has subscribed to a substantial number of shares for $100 million as part of the pre-IPO process.Continue Reading
Sony Music Publishing Nashville has got a new executive vice president of creative, Josh Van Valkenburg. Josh will report to Rusty Gaston, the CEO of Sony Music Publishing Nashville, who has extensive expertise in signing over number-one hit songwriters.Continue Reading
Distrokid, the online music distribution service, is expanding into the NFT industry. Furthermore, with so many music industry companies and musicians entering the NFT area, it only seems sensible that one of the world’s largest online distributors follows suit. Distrokid has teamed up with 10,000 independent artists to create one-of-a-kindContinue Reading
Spotify is expanding its audiobook offerings by acquiring Findaway, a leading audiobook distributor. Spotify and Findaway will accelerate the growth of audiobooks as a result of the new acquisition. According to Gustav from Spotify’s reach team: “It is Spotify’s ambition to be the destination for all things audio both forContinue Reading
EMPIRE, the distributor and publisher, is leading the music industry with cryptocurrency payments, having paid a $1 million advance in Bitcoin using Cash App. Money Man received the first advance of its kind, with the distributor utilising modern technologies.Continue Reading
Jasmine Hsiao is the new managing director of Warner Music Taiwan. Jasmine will report to Warner Music Asia co-presidents Chris Gobalakrishna and Jonathan Serbin. The new hire has over 20 years of expertise in the music industry and will begin working in the position immediately. Hsiao said: “I’m excited toContinue Reading
Fader, the indie label, has announced the formation of a new management branch called Fader Management. Jon Cohen, a co-founder of Fader, said: “FADER Management is a natural evolution of the artist development we offer through all of the services Cornerstone and FADER provide. Management enables us to use theContinue Reading
Deezer has formed a strategic partnership with RTL, a German broadcaster. The music streaming app will deliver music, audiobooks, and radio plays for RTL+, which will launch in 2022. Deezer’s CEO, Jeronimo Folgueira, stated: “RTL+ will offer users an integrated entertainment experience with all the content they love in oneContinue Reading
Lionel Richie is one of the best-selling musicians, with over 125 million albums sold worldwide. As a result, it’s no surprise that the hitmaker has struck an exclusive deal with Universal Music Publishing Group. UMPG will take care of his catalogue in the future as part of the exclusive contract.Continue Reading
Chris Gobalakrishna and Jonathan Serbin have been named co-presidents of Warner Music Asia. Both presidents will be based in Hong Kong and report directly to Simon Robson, Warner’s president of international recorded music. Chris Gobalakrishna said: “I’m honoured to be working with Jonathan to lead our Asian operations. Asia isContinue Reading
After deciding to extend its operations in China, UMP China has launched a new office in Shangai. Mo LiangJin spoke about the opening and said: “UMP’s new office opening is a strong support for Jing’an District to continuously promote the development of a multi-dimensional, high-level cultural and creative industry. Jing’anContinue Reading
The A&R Awards by Music Business Worldwide have developed a new Trailblazer: The Richard Antwi Award. Before his tragic death in 2016, Richard Antwi was a music pioneer. Furthermore, the award is established in his honour and will recognise those who have made significant contributions to the music industry byContinue Reading
David Bowie’s heirs are considering selling the late singer’s catalogue for an estimated $200 million. Furthermore, the estate of David Bowie are negotiating a sale of Bowie’s songwriting portfolio, and there are reportedly many interested bidders.Continue Reading
According to the latest financial statistics, Sony Music is experiencing massive growth in streaming revenue. Sony’s recorded music division earned over $1 billion in the three months running up to September. It’s a watershed moment for the music company, experiencing these new highs for the first time.Continue Reading
Spotify, the music streaming platform, has sold two-thirds of its Distokid shareholding, according to sources. The total which Spotify has pulled is estimated to be roughly $223 million.Continue Reading
Splice and SoundCloud have teamed up to develop a new programme for up-and-coming musicians. The new scheme, dubbed Nova by the two businesses, will be open to unsigned Splice and SoundCloud creators. Maria Egan, Splice’s Chief Music Officer, said: “We’re opening the doors to our most talented users and leveragingContinue Reading
Adele has returned with her new track, ‘Easy On Me,’ which is already breaking records! Furthermore, in a single day, the new song became the most listened to song on Spotify. In just seven days, ‘Easy On Me’ has crossed 84.95 million chart streams, making it Spotify’s most-streamed song inContinue Reading
According to yCharts, Warner Music is worth more than $27 billion. Also, given the new analysis, the legendary music corporation is worth $1 billion more than it was last year. In addition, WMG’s share price has increased by 60% in the last five years, and an individual share currently costsContinue Reading
