WMG Plans $338M In Major Music Acquisitions
Warner Music Group revealed that its subsidiary WMG Acquisition Corp has raised more than $250 million in capital to help fund a pair of acquisitions worth a total of $338. Continue reading
Amsterdam Dance Event Reveals This Week’s Virtual Lineup
ADE (Amsterdam Dance Event) the annual EDM fest and trade show has announced the full program for its online edition this year. To be held October 21st – 25th, 2020,. Continue reading
Artists Will Earn A Little More With Removal Of Controlled Composition Clause
BMG made industry headlines last week when it opted to eliminate the Controlled Composition clause from its artist contracts. This means more money for artists, and could also be the. Continue reading
UMG Is Building Its Own ‘Music-Based’ Hotels, Venues
Move over Live Nation, Universal Music Group has partnered with entertainment investment group Dakia U-Ventures to launch a chain of music-based experiential hotels that will include multiple entertainment venues. UMUSIC. Continue reading
BTS, Fortnite, And The Future Of Live Music
In Part 2 of this conversation with the Moscow-based K-Pop promoter, Sophie Chivanova chat with Chartmetric about BTS, Fortnite, and what the future of concerts and “live” music might look. Continue reading
Kanye West Releases First Presidential Campaign Ad
Kanye West has released the first ad of his fledgling presidential campaign Thus far, West has qualified for presidential ballot access in just 12 states: 84 electoral votes – Arkansas,. Continue reading
Controlled Compositions Clauses, Frozen Mechanicals Explained
BMG recently made headlines with the announcement that they would be rolling back at least some aspects of the “controlled composition” in their record deals, which would be good news. Continue reading
BMG Cuts Controversial Controlled Composition Clause, Calls On Others To Do Same
Label services company BMG will eliminate a controversial part of the standard record label contract that reduces the income of songwriters, composers and lyricists. The controlled composition clause limits the. Continue reading
Led Zeppelin (Finally) Wins ‘Stairway To Heaven’ Court Battle
If you thought the song was long, it’s nothing compared to the court battle which ensued. A plagiarism lawsuit from the estate of Randy Wolf against Led Zeppelin has, at. Continue reading
Texts Appear To Show Banned Radio Payola Continues
A treasure trove of 2500 texts between major label executives and an independent radio promoter allegedly show that illegal pay-to-play continues despite decades of effort to stop it. From Rolling. Continue reading
