SFX Lost $48 Million Last Quarter Despite 48% Revenue Growth
With a Thursday deadline looming for founder and CEO Robert Sillerman to complete a stock buyback that would take the company private, SFXE reported 3 and 6 month earnings and the. Continue reading
Beatport Reverses Will Pay Artists, Labels: Read Full Text Of Their Letter Of Apology
After telling rightsholders last week that payments were suspended because funds were "trapped" in the ongoing effort by founder and CEO Bob Sillerman to take parent SFX private, the music. Continue reading
This Is My Jam To Close Playlist Service
Playlist repository This Is My Jam is shutting down new entries. But, in a move unusual for modern exiting startups, users will still be able to discover playlists previously created. Continue reading
Apple Music, Labels Did Not Collude To End Freemium, Says European Union Commission
An EU probe, rumored to be motivated by Spotify, found no evidence that Apple Music and the major record labels conspired to end freemium music. Unlike Spotify, Apple Music does. Continue reading
REWIND: The New Music Industry’s Week In Review
3 standout apps from SXSW V2V, SoundExchange passes $3 billion in payments to artists/labels, and Universal Music aspires to become a film studio. This and more as we rewind through. Continue reading
VOTE: 11 Million Have Signed Up For Apple Music’s Free Trial. Are You Impressed?
Apple Music announced that 11 million users have signed up for Apple Music's free 90 day trial. Pundits across the spectrum are weighing in on what that number means –. Continue reading
Universal Music Names Jay Frank SVP Global Streaming Marketing, Partners In DigSin And DigMark
You know that Universal Music fully understands the importance of streaming when they name respected digital music and streaming marketing pioneer Jay Frank to the newly created post of Senior Vice President. Continue reading