iHeartMedia may be bankrupt, but radio still lives... online at least. iHeartRadio says that it has surpassed 120 million registered users, adding another 10 million listeners over the last few months.
Since Amazon's Echo device dropped two years ago, the debate has been raging over whether or not these these voice command devices will help or hurt broadcast radio. Here we try to answer this question by taking a close look at the numbers.
SoundExchange distributed $208.7 million in sound recording performance royalties in Q2 2018. That's up both 17.5% over the same quarter last year and the $189.9 million paid out in the Q1 of this year. The PRO has paid out a total of $398.6 million so far in 2018.
Although radio as a platform for discovering new music has been on the decline for some time, with little to offer millennials, a new format known as "Right Now Music Radio" is hoping it can change this and bring radio into the modern age.
In this piece Daniel Reifsnyder takes a journey back to 1955, when rock 'n' roll climbed to the top of the charts for the first time with the now culturally ubiquitous number "(We're Gonna) Rock Around The Clock".
In this piece Fred Jacobs takes a long hard look at the legacy of classic rock, and whether the genre will be able to endure and gain more popularity as we move forward into the future and more legacy artists age out, or whether its time as a genre has finally come.
Kendrick Lamar won best male hip hop artist and album of the year for “DAMN” at last night's BET Awards. Beyonce won best female R&B/pop artist, and Cardi B won for best female hip hop artist. Migos took home the the best group award and SZA won for best new artist.
Almost since its inception, streaming has often been maligned in the industry for the pittance which it pays out to artists, and while this criticism is often merited, things are actually much worse in the world of old-school radio play.
In the wake of the tragic passing of Anthony Bourdain, radio industry veteran Seth Resler shares important lessons learned from the food tourism pioneer, and how he helped shape a radio broadcaster's career.
SoundExchange and SiriusXM have settled their years-long litigation surrounding outstanding claims for unpaid and underpaid royalties from January 2007 through December 2017 in exchange for a lump sum payment of $150 million.
The latest chapter in an ever-raging battle between performance rights organizations and radio to set rates for music use on radio i has BMI and RMLC headed to Rate Court, for a decision that could change songwriter incomes.
Once an integral part of the nighttime listening experience, AM radio has since fallen out of favor somewhat, as with many traditional forms of media consumption. The medium is far from dead however, and in this piece, Fred Jacobs explores a plan to rekindle our love of AM Radio.
Pandora has added an ad-free Premium family plan that includes up to 6 unique accounts for $14.99 per month. The plan closely mirrors similar plans and pricing from competitors Apple Music and Spotify.
Writing music for TV can be a great way to make steady money in the music industry, all the while exercising your creativity and getting your music heard. Here we look at four important things to know for starting out that will make the process smoother and more likely to be successful.
The Radio Music License Committee, which represents more than 10,000 commercial radio stations in the US, has filed a petition in the federal rate court to resolve its ongoing rate dispute with performing rights organization BMI over the amount paid to songwriters and publishers for the broadcast of music.
While online streaming and terrestrial radio both seem to have figured out the best way in which to gather listener data, online radio is lagging behind in this department, a problem which needs to be solved if they hope to keep/bring in advertisers.
In the wake of the House of Representatives passage of the music modernization act, David Philp explains how, while the bill does indeed do some good things for artists, the largest issue in the music industry remains unaddressed.
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.