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
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
The industry and songwriters have long chastised Spotify for not increasing its royalty payment. Despite mounting criticism, the Spotify board of directors and other leading music tech businesses are opposed to increasing their income split with people who make the platform what it is: a music service. Spotify and otherContinue Reading
Following concert cancellations due to the pandemic, the Australian music industry is pressing the government to take a stand and lead on the live music business. In the United Kingdom, the government has been collaborating with insurers to support events that had to be cancelled owing to COVID-19. Down under,Continue Reading
