UMG consolidates Virgin, Ingrooves, newly acquired mtheory into new Artist & Label Services Division
UMG has acquire-hired mtheory’s Artist Partenrship division and consolidated it, indie distributoor Ingrooves, and Virgin Music Label & Artist Services into a single new division under the Virgin brand. via. Continue reading
QUICK HITS: Soundstripe adds $9M • Chordal launches collaborative rights platform • Elektra promotes marketers
Soundstripe, a provider of royalty-free music, video, and sound effects for creators, has raised $9 million in Series B financing. The company will use the funding to invest in new. Continue reading
REWIND: The new music industry’s last week in review
Another busy week by any definition, the music industry was no exception, with eye-opening lawsuits, new music apps being launched, anymore… Mariah Carey wants to be the official ‘Queen Of. Continue reading
Fans pay for early music access as Audiomack brings back ‘windowing’
Artists can now grant early access to new releases for fans who support them financially on Audiomack. The major labels, Spotify, and others embraced a similar practice dubbed “windowing” in. Continue reading
How a music industry job damaged her love of music
“I used to work in the music industry for, like, ten years,” says TikToker @atlantacobb near the start of her video with over 1 million views, “so now I can’t. Continue reading
Warner Music joins SoundCloud’s user-generated royalties experiment
Warner Music Group (WMG) has become the first major label group to sign on to SoundCloud’s ‘Fan-Powered’ user-centric royalty payment system. This new deal allows every artist on WMG’s roster. Continue reading
Major labels are pushing Spotify, streamers to pay D.I.Y. artists LESS, says top exec
The major labels are lobbying Spotify and other streaming music platforms less, according to a top music executive. The reason is falling market share for the majors. While working to. Continue reading
Logic signs artist-friendly BMG deal: “There’s a lot of bullshit in the music industry”
Hip Hop artist and producer Logic came out of retirement and signed with BMG for his next big album. (CelebrityAccess) — Multi-platinum hip-hop icon Logic has signed with BMG, citing the label. Continue reading
Songwriters win 44% streaming payment increase, major streamers react
UPDATED: The U.S. Copyright Royalty Board (CRB) has rejected arguments from Spotify and other music streamers and will significantly increase payments to songwriters and publishers for streams between 2018 and. Continue reading
Move over vinyl, CDs are making a real comeback
We’re resurfacing this post from a couple of weeks ago because of the impact it had: While no one is suggesting streaming is on the way out, the multi-year surge. Continue reading
