Music Business

Music Business News Last Week

REWIND: New music industry’s last week in review

Last week was a busy week by any definition; the music industry was no exception, with CD Baby and Downtown Music merging operations, Spotify changing how they allocate royalties the Records , and more…..

Alana Bonilla on 04/06/2024 in Music Business | Permalink | Comments (0)
Tags: , , , ,
Share on:
TikTok social media app on smartphone screen showcasing followers and profile, with a plant partially covering the device, emphasizing digital marketing, social media trends, and influencer marketing.

An Independent Musician’s POV on the U.S. TikTok ‘Ban’ [Blake Morgan]

“The vast majority of music on TikTok generates virtually no revenue for the musicians who made it,” writes musician, entrepreneur, and fierce artist advocate Bllake Morngan, and “even more music on the platform is completely unlicensed (stolen), copied (stolen via AI), or pirated (stolen)”……

Alana Bonilla on 04/05/2024 in Music Business | Permalink | Comments (0)
Tags: , , , , ,
Share on:
Spotify adds paid subs

Spotify claims rules now in effect will shift $1B to ‘Working Artists’

This week, we learned that new Spotify rules are eliminating payments on the tens of millions of tracks that get less than 1,000 plays a year, and a crackdown on so-called “junk tracks” has been in full effect…….

Bruce Houghton on 04/05/2024 in D.I.Y. | Permalink | Comments (0)
Tags: , , , , , ,
Share on:
KISS band logo, classic rock band insignia with bold black and white design, iconic 1970s rock logo for music fans and rock music enthusiasts.

Lessons from $300M sale of the KISS brand, catalog: ‘This is the future, and the rules are being written now.’

Pophouse, the company behind the Abba Voyage hologram live show, has acquired the music catalog, brand name, likeness, and trademarks of the iconic American rock band KISS for a reported $300 million…..

Bruce Houghton on 04/05/2024 in Music Business | Permalink | Comments (0)
Tags: , , , , ,
Share on:
music tech news

QUICK HITS: Greenberg joins SoundCloud • MLC collects $2B • TuneCore + PreSonus • ViNIL

Marni Greenberg has exited Sofar Sounds to become SoundCloud’s SVP and Head of Communications…..

Bruce Houghton on 04/05/2024 in Music Business | Permalink | Comments (0)
Tags: , , , , , , , , , ,
Share on:
Young woman with long dark hair and neutral expression, sitting against a dark textured background, showcasing modern youth culture and music scene.

Indie Spotlight: Hannan Mumtaz, Sunpop Lead Product Manager

A2IM shares a quick interview with accomplished indie music pro-Hanna Mumtaz, who has had an interesting journey through the music business to get to where she is today…..

Alana Bonilla on 04/05/2024 in Music Business | Permalink | Comments (0)
Tags: , , , ,
Share on:
Red background with "Hypebot" logo, emphasizing music industry news, digital marketing, and music technology updates. Perfect for music business insights and online media trends.

62M tracks are now paid No Spotify Royalties, millions more are being deleted

New rules demanded by the major labels to devalue or delete so-called “junk tracks” are now in full force at Spotify, Amazon Music, Deezer, and several other music streaming services, according to multiple sources…..

Bruce Houghton on 04/04/2024 in D.I.Y. | Permalink | Comments (0)
Share on:
A digital music and media industry icon featuring a gear and sound wave design, symbolizing music technology and innovation.

Infamous Record Store Crawl returns for a 7-City Comeback Tour

Music lovers, record enthusiasts, and audiophiles are checking their collections and ironing their CBGB t-shirts in anticipation of the upcoming Record Store Crawl tour, making a comeback after a four-year pandemic-induced hiatus…..

Bruce Houghton on 04/04/2024 in Indie Music | Permalink | Comments (0)
Tags: , , ,
Share on:
Discarding trash icon representing waste removal or environmental cleanup.

The Great Streaming Purge begins! Deezer tosses 26M ‘useless’ tracks

Music streamer Deezer recently deleted 26 million tracks from its platform. Keep reading to find out what was deleted and how this may affect music streaming and royalties……

Alana Bonilla on 04/04/2024 in Music Business | Permalink | Comments (0)
Tags: , , , , , , ,
Share on:
Spotify royalties top $60B

Spotify stock jumps 11% on report of price increases in US, UK, AU

UPDATED: Spotify plans to raise the price of paid subscription service in multiple markets later this month and in the U.S. later in the year. The news sent Spotify stock [NYSE: SPOT} up 8.15% on Wednesday, and momentum continued with another 3% increase in late morning trading Thursday…..

Bruce Houghton on 04/04/2024 in Music Business | Permalink | Comments (0)
Tags: , , , , , , ,
Share on:
diy live music spaces grassroots

Why every Artist should build and lead their own Fan Community [MIDiA’s Keith Jopling]

Keith Jopling digs into a recent MIDiA research report and finds a roadmap to financial success as an artist building a fan community…..

Alana Bonilla on 04/03/2024 in D.I.Y. | Permalink | Comments (0)
Tags: , , , ,
Share on:
Top