‘Historic’ Mechanical Royalty increases, inflation adjustments explained [Chris Castle]
A look at the historic rate increases in mechanical rates for physical and permanent downloads coming over the next year as well as the inflation-related increases likely to follow. by. Continue reading
Did UMG’s CEO just call DistroKid, CD Baby & TuneCore Garbage Merchants?
While not calling anyone out by name, UMG CEO Lucien Grainge said anyone involved in music who is struggling to find an audience is a “merchant of garbage” during this. Continue reading
SoundExchange royalty payments rise 8% to $257M in Q3
SoundExchange announced that it paid out $257 million in royalties in the third quarter of 2023, an 8% increase from the same period in 2022. Year-to-date, SoundExchange distribution payments total. Continue reading
Germany’s Deutschrap is thriving in the Hip-Hop scene
In a market that has historically favored local rappers and repertoire, German hip-hop is now stepping onto the global stage with the help of TikTok and a few record labels.. Continue reading
Over 500 songs will be in the Spotify Billions Club by end of 2023
One million seconds is 12 days. One billion seconds is 32 years. So it is crazy to think that almost 500 songs have surpassed a billion streams per month, but. Continue reading
Recorded music revenue grew 9.3% to all-time high of $8.4B in first half of 2023, says RIAA
The Recording Industry Association of America (RIAA) mid-year 2023 report shows that the industry hit new revenue milestones in its ninth consecutive year of growth. Total recorded music revenues grew. Continue reading
How do Spotify and streaming royalty payments work now?
A controversial shift to ‘artist-centric’ streaming payments gained traction last week with the launch by Deezer of “double-boost” payments to select UMG artists, and indie powerhouse Believe blasted the plan. Continue reading
Believe, TuneCore decry UMG, Deezer ‘reverse Robin Hood’ artist payouts
Global digital music company Believe has taken aim at plans by Deezer and UMG to change how streaming payments are calculated to what they call a “value sharing artist-centric” model.. Continue reading
Apple just bought a record label…
Apple has acquired the major Swedish classical music record label BIS Records and will fold it into Apple Music Classical and Apple’s distribution and creative services platform Platoon. BIS Records. Continue reading
Spotify shares Hip-Hop stats, top markets, and local to global growth
Hip-hop accounts for nearly 25% of all streams on Spotify, led by artists like Drake, Nicki Minaj, 21 Savage, Ice Spice, and Metro Boomin, the DSP shared as part of. Continue reading
To ‘Make Fans Super Again’ nurture Fandom, don’t harvest it [MIDiA’s Mark Mulligan]
The music industry mantra is that superfans are the key to success, and while there’s still truth in that statement, the value of a superfan is not what it used. Continue reading
