Beatroot Shuts Down, Declared Insolvent
Manchester based Beatroot has entered administration, the UK equivalent of bankruptcy protection. Founded in 2015, the online platform helped record labels, production companies and publishers prepare music for digital distribution,. Continue reading
The Single Reason Behind Spotify/Tencent Stock Swap
A recent agreement between Spotify and Tencent Music Entertainment Group to acquire 10% of each other appears to be a strategic maneuver that has little to do with subscribers and. Continue reading
Jay-Z Defends ‘Big Pimpin’ Against Copyright Claims In Court
It’s a music copyright case that set rapper Jay-Z against the relative of an Egyptian composer virtually unheard of in the United States and entangled him, or least his lawyers,. Continue reading
Streaming Grew Profits For Warner Music Group In 2017
Warner Music Group Corp. today announced its fourth-quarter, reporting growth in revenue, as well as, a net loss. “We’ve now had five consecutive years of global revenue growth in constant. Continue reading
Spotify’s ‘Today’s Top Hits” Has 12.3M Followers: Chartmetric Dives Into The Stats The Drive It
After well over a year of tracking the data coming out of Spotify's 'Today's Top Hits', Chartmetric has some revealing numbers concerning this incredibly popular playlist which, at 18.2 millions. Continue reading
Warner Music Group Reports Solid Growth, But Losses Rise From $3M to $38M In Q4
Warner Music Group reported solid growth across multiple metrics in the fourth fiscal quarter ending September 30, 2017. But net losses for the quarter grew to $38 million versus $3 million. Continue reading
Spotify, Tencent And The Laws Of Unintended Consequences [Mark Mulligan]
Spotify is reportedly in talks with the the music arm of Chinese net giant Tencent to swap 10% stakes in each other’s businesses ahead of expected public market listings next. Continue reading
Spotify, China’s Tencent In Stake Swap Talks That Could Mean Lower Payments To Labels, Artists
Spotify is in talks with the the music arm of Chinese internet giant Tencent Holdings to swap 10% stakes in each other’s businesses ahead of their expected public market listings next. Continue reading
Taylor Swift’s New Album “Reputation” Is Now Streaming On Spotify, Apple Music, Amazon, More
Taylor Swift's "Reputation" is now streaming on Spotify, Apple Music and other streaming music services. Three weeks after its release, fans in Australia and The Philippines, where it was already. Continue reading
Indie Record Store Black Friday Sales Up 13.8%, reports CIMS
Black Friday sales reports from the Coalition Of Independent Music Stores are in and they were universally positive, according to Michael Bunnell, CIMS Executive Director. Less comprehensive data showed an up day on. Continue reading
