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

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Union Sues Universal, Sony, WMG, Others For Failing To Fund Musician’s Pensions

The American Federation of Musicians pension fund is suing Atlantic Records, Hollywood Records, Sony Music Entertainment, Universal Music Group  and Warner Brothers Records for failing to make pension fund contributions.

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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

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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

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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

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This Week in Music Commentary

Taylor Swift and Garth Brooks parallels, Apple Music ruled illegal in the UK, and other chatter concerning the music industry.

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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

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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

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Official: 11 Million Are Trying Apple Music For Free

So far, Apple Music is not the game changer that the music industry had hoped for.  According to official Apple stats, 11 million users have signed up for a free. Continue reading

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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

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Beatport, SFXE “Unable” To Pay Artists, Labels As Stock Deadline, $100 Million Lawsuit Loom

Beatport looked like a success story creating a leading online hub for electronic dance music and culture. Now its caught in the crossfire, as parent company SFXE struggles to overcome. Continue reading

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