WMG joins $14.5M LifeScore AI music funding round
AI music tech company LifeScore has raised an additional $14.5 million in funding, LifeScore creates adaptive music on demand that is algorithmically tailored to the context of the listener’s mood. Continue reading
Warner, Universal Music join Sony in cancelling unrecouped advances for legacy artists
“[We’ve] announced a legacy unrecouped advances program where, for our artists and songwriters who signed to us before 2000 and didn’t receive an advance during or after 2000, we won’t. Continue reading
MORE MUSIC NEWS: WMG, UMG wipe unrecouped balances • Sony Music revenue rises 24% • Rock Hall noms • Opulous defends • more
WEDNESDAY 2.2.2022 • Music Business News From Across The Web Updated Continuously Under MORE NEWS Tab Above
Removing music from Spotify cost Neil Young and WMG 60% of his streaming income
Spotify removed virtually all of Neil Young’s music late Wednesday after he wrote in protest of Spotify exclusive podcaster Joe Rogan’s false statements about the Covid-19 vaccine. “They can have. Continue reading
Spotify to remove Neil Young’s music today
Spotify has confirmed that it will remove Neil Young’s music from its platform after Young wrote in protest of Spotify podcaster Joe Rogan’s false statements about the Covid-19 vaccine. “They. Continue reading
Neil Young wants his music pulled unless Spotify bans Joe Rogan’s vaccine misinformation
“They can have (Joe) Rogan or Young,” Neil Young wrote in a since deleted letter to his manager, an executive at his label Warner Music and Spotify. “Not both.” “I. Continue reading
YOUR MORNING COFFEE PODCAST: Music industry innovation • payola allegations • the CD revival • more
Episode #76 of Jay Gilbert and Mike Etchart’s podcast “Your Morning Coffee: Weekly News for the New Music Business” is now live. Episode #76 On this latest episode of the. Continue reading
Taylor Swift named Record Store Day Ambassador 2022
Record Store day has bestowed the Ambassadorial sash to its April 23rd, 2022 edition to Taylor Swift. “I’m very proud to be this year’s Global Ambassador for Record Store Day.. Continue reading
The music industry is embracing Roblox despite alleged questionable practices
From major artists to major labels, the music industry is embracing Roblox. Warner Music Group even invested more that $10 million and has partnered with the startup. Roblox is an online gaming. Continue reading
Grammy Awards move to April 3 in Las Vegas bumping CMT Awards [Official]
The Grammy Awards are moving to the MGM Grand Garden Arena in Las Vegas on April 3, the Recording Academy has confirmed. The Grammys moved from its original date of. Continue reading
Indie music retailers report 23% growth across all formats (including CDs)
A survey of Coalition of Independent Music stores across the US show end of years sales up an average of 23% across all physical formats. Vinyl sales grew an average. Continue reading
