As music PR companies and labels strive to get their artist’s music placed in popular places, it is becoming more and more clear that the industry has changed, with NME stopping their print edition the focus has changed on the digital landscape and how people consume media. But how has this changed for music and influenced the way people consume their music?
Over 90 college radio stations across the USA and internationally, will join forces to celebrate the third annual college radio Vinylthon this Saturday, April 21st.
After a great deal of bluster and promises to eliminate federal funding for the arts and public broadcasting, Donald Trump signed a $1.3 trillion spending bill that actually increases funding for the threatened programs last week.
In our most popular posts on Hypebot this week, we covered in detail the woes of a bankrupt iHeartMedia, Sony discusses a purchase of EMI Music Publishing, Spotify is revealed to be losing millions on underpriced subscriptions, and more.
Included in the mountains of documents filed in preparation for last night's iHeartMedia bankruptcy were lists of unpaid bills. Alongside $20 billion in debts to bondholders were performing rights organizations, record labels, a music streamer, and others that return revenue to musicians.
iHeartMedia has filed a Chapter 11 Bankruptcy plan that includes reduction of its $20.8 billion debt by $10 billion. The expected filing, which comes after months of haggling with creditors, falls short of earlier proposals that would have reduced overall debt by $15 billion, and does not include a cash infusion offered by Liberty Media and SiriusXM.
Venerable music industry magazine NME announced the end of its print edition last week, following in the fated footsteps of many similar publications. It's demise was inevitable, says analyst Zach Fuller of MiDIA, in large part because the print advertising apocalypse is gathering speed.
A new forbearance filed with the SEC on Wednesday morning gives iHeartMedia yet another day to come to terms with its $20 billion in creditors. Today marks the sixth extinction in talks in the last two weeks.
[TUESDAY 3.13.18 8AM ET] The bankruptcy and reorganization of iHeartMedia has been postponed for another 24 hours, according to an SEC filing overnight. Creditors have agreed to a forbearance agreement granting the nation's largest radio broadcast group until 11:59PM CT today to reach terms for a reorganization.
iHeartMedia's likely bankruptcy was reportedly pushed to later today to avoid distracting from the company's signature iHeart Radio Awards show, which was televised live on Sunday night. The delay also gave negotiators more time to prepare for an organized restructuring of the company's $20 billion in debt.
One day before a looming bankruptcy deadline for parent iHeartMedia, Thomas Rhett, Sam Hunt, and Luke Combs were among the big winners at the fifth iHeartRadio Music Awards last night. The evening was hosted by Hailey Baldwin and DJ Khaled and included live performances from Ed Sheeran, Eminem featuring Kehlani, Cardi B, Bon Jovi, Maroon 5, Camila Cabello, Charlie Puth, and N.E.R.D and G-Eazy.
A new set of data from Nielsen has revealed that the average US dweller is listening to a massive amount of audio on weekly basis, although not all of it seems to be coming from sources which you might expect.
The deadline to submit a plan for an orderly bankruptcy of iHeartMedia, its 855 radio stations, streaming service and other assets has been extended through 11:59 PM CT on Monday, March 12th. The news came via a new SEC filing from the publicly traded company.
UPDATE 3 - The court gave iHeartMedia, its 855 radio stations and creditors until 11:59 PM Central time, Wed. March 7th to agree to a reorganization that would reduce its debt by $15 billion, according to papers filed with the SEC. The deadline has now been extended through Monday, March 12th. Details here.
Creditors gave iHeartMedia a bit more time to work out an orderly bankruptcy plan. America's largest broadcast radio owner has until 11:59 PM Wednesday to agree with creditors on a reorganization plan, according to documents filed Monday.
Here notable artists Mary Wilson and Darlene Love make a powerful case in favor of shutting the massive loophole which currently allows digital music services to artists and rights owners attached to music recorded before 1972.
While methods of music discovery vary drastically from person to person, we here look at few avenues which avid music consumers commonly turn to in their search for fresh tunes, depending on the demographic in question.
Sirius XM has pulled The Loft, an important outlet for independent music, from its satellite. The channel's longtime programming chief Mike Marrone has also exited and an all-Eagles channel is streaming in its place.
In the wake the recent Grammy Awards, Fred Jacobs bemoans the decline of rock music as a genre, something which has been on a steady downhill slide for years, but also carries with it the potential for a resurgence.
For artists, a great way to reach a new pool of fans and build relationships with tastemakers, independent radio can be an excellent promotional avenue to pursue. Here we look at how musicians can go about contacting independent radio stations for promotion.
[UPDATED] Big Machine Label Group boss Scott Borchetta is hoping to breath new life into the television talent show genre with a brand new show “The Launch” that he’s developed with Bell Media, Eureka, and Insight Productions. The show, which premiered on Canada's CTV on Jan 10th, will feature a new format where a group of unsigned and aspiring musicians attempt to create a new original song mentored by a panel of internationally renowned artists.
iHeartRadio has surpassed 110 million registered users. That's up 10 million from March of last year and on top of the 250 million that tune in to their 850 broadcast stations in 150 markets across the country.
As audiences have grown increasingly fragmented with the rise of streaming and expansion of viewing options, gathering accurate consumer data has become more difficult. Here we examine how MIDiA's TV Brand Tracker is utilizing new methods for improved audience research.
Good news for the pocketbooks of artists, a recent ruling by the Copyright Royalty Board will be boost the rates for what the satellite service SiriusXM doles out to artists by a not insignificant forty-one percent.
Responding to a request from SoundExchange and other artist advocates, the US Copyright Royalty Board (CRB) yesterday issued rate changes for for Sirius XM’s satellite radio service, as well as for cable and satellite television music services provided by Music Choice and Muzak, from 2018 through 2022.