Sony Sells $250M Spotify Stock, Labels Eye $3B Windfall
The three major label groups own Spotify stock now valued at as much a $3 billion. That's led to speculation about what the major record labels will do with their. Continue reading
Music Industry Gender Pay Gap Is Very Real [New Stats]
The music industry's gender pay back is very real and even worse than many thought. The three major labels today released gender pay gap figures for the UK, this week. Continue reading
Record Deal Advances Skyrocketing (If You’re A Hip Hop Artist)
In the recent past, the contraction of the music industry took record company's advances with it, to the point where artists would often opt out of record deals altogether. It. Continue reading
Meme Delivers Fleetwood Mac Hit 41 Years After Release
Fleetwood Mac's "Dreams" has entered the Billboard's Hot Rock Songs chart at #14, that's 41 years after it was first released as a single from their hit album Rumours. It's all thanks. Continue reading
How Fast Are U.S. Download Single Sales Declining? [CHART]
This chart from Statista shows the decline in digital music single downloaded sales in the United States from 2004 to 2017. Last year, 553.5 million digital music singles were downloaded. Continue reading
WMG Eyes Partnership With Exec It Fired For Cheating Musicians, Songwriters
Warner Music is reportedly in the final stages of negotiating a deal to distribute 12 Tone, the new label helmed by Doug Morris, the former CEO of WMG, Universal and. Continue reading
RIAA’s 2017 End Of Year Report: A Cynical Take [Op-Ed]
While the end of year numbers from the RIAA's Revenue Stats may seem positive on their face, with talk of double digit growth. There is some suspicion on just how. Continue reading
Charlie Walk Exits Republic Records After Multiple Sexual Harassment Allegations
Charlie Walk, record exec and judge on television show “The Four,” has parted was with Republic Records. Walk and the Universal Music Group label “have mutually agreed to part ways,”. Continue reading
New Taylor Swift ‘Delicate’ Video Is Live On Spotify
[UPDATE 2] Taylor Swift's second video for her single "Delicate" premiered overnight exclusively on Spotify, as part of a larger partnership with the streamer. The single take self-shot vertical video. Continue reading
Instrumental Raises $4M For TalentAI, WMG Buys Sodatone As Data Driven A&R Takes Center Stage
UK based A&R data platform Instrumental has added $4 million in funding and Warner Music Group announced it has acquired A&R insights startup Sodatone, as data and machine learning become primary. Continue reading
