SoundExchange has announced record royalty payments to artists in 2015. $802.6 million was paid out, but the year's 4% growth was the slowest in the digital performing right's organization's 8 year history.
The Weeknd grabbed 6 nominations for the 2016 Juno Awards; and Justin Bieber and Drake each received 5. The show, organized by the Canadian Academy of Recording Arts and Sciences, will air live on April 3rd. Here is the full list of nominees:
While the recorded music industry currently rests on a poorly functioning and tenuously constructedbusiness model, technological advancements and an incredibly high level of consumer engagement present an opportunity for positive change.
With labels and the music industry offering less and less support, managers have become the linchpin of most artists' teams. But except for those who give up 50% equity to join mega-management groups like Red Light, most managers are left with no road map and little support. Faction hopes to change all that.
In an effort to make sure that rightsholders and artists are being fairly compensated, SoundExchange has announced plans to audit some of the digital music companies which pay it royalties andmultiple sport leagues have plans to audit several multichannel video programming distributors (MVPDs).
News that SFX was seeking bankruptcy protection and wiping $300 million off its balance sheet, sent shivers throughout the music industry, particularly within the EDM community. But Beatport, one of electronic music's most popular download stores and streaming services is promising to continue payments to artists and labels, as usual.
A Philadelphia councilman has recently sponsored a bill which would require venues to collect information from bands to hand over to the police, who would then either approve or revoke a license before said band could perform.
Almost every corner of the music industry is changing to accommodate the rapid shift from music purchase to streaming. To that list add the RIAA, who have finally added music streams to the equation that calculates Gold and Platinum Album awards.
Just because a DIY artist doesn't have the backing of a major label does not mean they aren't capable of producing a high-quality and engaging music video. Here we look at four such independent efforts and hear from the artists featured in each one.
With companies like Jukedeck allowing users with little to no musical knowledge to construct songs using an algorithm, some questions are being raised over how artists, particularly those without much personality, will fare should such automated songs become the norm.
SFXE has filed a Chapter 11 bankruptcy petition that, if approved, would erase $300 million in debt from bond holders and eventually take the company private. Founder Robert Sillerman will step down as CEO, but remain Chairmen.
The Academy Of Country Music has announced its 2016 ACM Awards nominees. Eric Church and Chris Stapleton lead the nominees with 5 each. The ACM's will broadcast live from the MGM Grand Garden Arena in Las Vegas on Sunday, April 3rd at 8:00 PM on CBS.
Despite Amazon's aggressive push into video and ongoing efforts to serve as the hub of anything consumers want, their moves in music have been guarded. Amazon's music streaming service, available free with a Prime subscription, though building momentum, offers a fraction of most competitors' 30 million tracks. That appears about to change.
Here entertainment lawyer and assistant chair of Music Business/Management at Berklee College of Music in Boston, John Kellogg Esq, answers five questions ranging from how to advance one's career, to the ins and outs of a 360 deal.
When is Jay-Z going to drop another album, and will it be able to save Tidal? Can Darlene Love sue Google for legally using a song but not asking her permission? Do successful artists really deserve the hate the often receive? Speculation and discussion abound as we look back at a week of music commentary.
Some of Hypebot's more popular articles from the past week included a look at how much recording and releasing a single actually costs, whether sixty seconds might be the future length of pop music, and a musician's guide to Instagram for bands.
Time to ditch the excuses and take action! This week we have advice on how to promote your independent music release, book your first gigs, and four social media platforms you really ought to consider using. All this plus much more!
Looking back on a week of industry news, we explore the dark world of Japanese Idol's fan culture, the unsurprising firing of venue execs, iHeartRadio's impressive growth, Spotify's challenge to YouTube, and much, much more.
Paying top dollar to receive VIP treatment from your favorite artist is nothing new in the music industry, but in Japan, Idol fans have taken this to the next level, shelling out thousands of dollars on multiple copies of the same album in hopes of getting closer to their favorite pop stars.
Although Jay-Z signed a massive deal requiring that he release three albums within the decade, there are so far no signs that a new record is forthcoming, and some question as to how the music mogul would use a new album to boost his lagging streaming service.