Love it or hate it, a record deal is a big deal, and while it may only be words on a page, those words can ultimately make or break your career. Here we break down the ins and outs of what's in a record deal, and what red flags you need to be on the lookout for.
Jay-Z and Timbaland are being sued by soul singer Ernie Hines for copyright infringement over the use of his 1970 single “Help Me Put Out the Flame (In My Heart)” on two separate songs released 20 years ago, documents filed in U.S. District Court in New York reveal.
If there was still any doubt in your mind that you didn't need to be signed to a major label in order to succeed in the music industry, wonder no longer, as new data reveals just how much of market share indies have gained in recent years.
While streaming is often maligned for the reduced amount of revenue it generates for artists, those musicians at the top of the pile are pulling down far more than you might have guessed. Here we look at streaming's five biggest money makers of 2019 thus far.
Sony Music is promising its artists real time royalty tracking and monthly payments starting this fall. The major music group will launch ‘Real Time Royalties’ and ‘Cash Out’ via its Artist Portal to “allow our artists and royalty participants to view and withdraw earnings faster than ever before.”
King Crimson, one of the last major streaming holdouts, has finally made its entire catalog available. In an apparent dis to market leader Spotify, the classic rockers has made all 13 albums available only on Apple Music.
The launch of music charts on Rolling Stone has been delayed indefinitely. Originally scheduled to launch on Monday May 13th, the charts will be the first to offer a widely distributed alternative to the Billboard charts.
Label and artist manipulation of songs, playlists and the streaming services themselves will lead to a crisis, says MIDiA analyst Mark Mulligan. "The paradox here is that casual fans have the potential to generate more streams than engaged listeners," says Mulligan."Streaming makes casual listeners ‘more valuable’ than aficionados."
A contentious relationship from the beginning, the streaming industry and the rest of the music business have been increasingly at odds of late. Even as recorded revenues continue to rise, artists and publishers have grown increasingly frustrated with streamers like Spotify and Apple, creating a rift that shows no signs of healing.
It seems the music format of generations is finally on its deathbed. Whether in the form of 8-tracks, cassettes, or vinyl, the album has seen its share of changes, but none more disruptive or deadly than the rise of streaming and playlist culture.
Fullccreen Direct is shutting down all operations The direct-to-consumer platform which served 75 major music clients including Metallica, Kid Rock, Justin Timberlake and Keith Urban was the backbone of their direct to fan eCommerce and online fan clubs.
Garth Brooks has pre-sold a record one million vinyl albums of his $130 box set “Legacy Collection.” In March, Brooks sold over 420,000 in just 18 hours. There was initially a 24 hour window to sell the allotted number of boxed sets, but they were gone in just over 12 hours. Since the demand exceeded supply, Brooks opened another six hour window and then a third.
Artist and music discovery on Spotify were among the topics covered during Monday's earnings call. With CEO Daniel Ek sharing some stats that show that the despite the fact that 40,000 new tracks are uploaded daily, more artists than ever are being discovered on the platform than ever before.
How to fairly compensate creators as consumption becomes dominated by streaming is the subject of vigorous debate. But a new model dubbed 'creator support' is gaining traction because it will pay many artists more with minimal impact on the wider royalty pool, says MIDiA's Mark Mulligan.
Sony Music Entertainment reported flat sales of $7.20 billion for the last year. Profits almost doubled to $2.08 billion, reflecting the consolidation of EMI Publishing. But for the current year, the company forecast far lower profits of $1.20 billion.
UPDATE: At 12:01 AM Friday, Taylor Swift released a new single and video, "ME!" featuring Brendon Urie of Panic! At The Disco. Most previous releases by Swift have been windowed, but "ME!" was available on Spotify, Apple Music, YouTube and all major streaming services immediately.
The Office of the United States Trade Representative released its 2019 Notorious Markets List which highlights markets that engage in and facilitate substantial copyright piracy and trademark counterfeiting. And yes, both Canada and Mexico made the list.
K-Pop is certainly having a moment as far as its Stateside popularity goes, but will South Korean pop music's recent surge in popularity in the US translate to more than just flash in the pan, and develop into longterm sustainable popularity?
The IFPI, the global association for the recording industry, dropped its annual report including a ranking the top 10 global recording artists. While much of it plays out as expected, there are a few dark horses that we'll bet you'll miss. Before you llok below, take a minute and write down your top 10.
Sony Music Entertainment has promoted label veteran Sylvia Rhone to Chairman and CEO of Epic Records. In her new role, Rhone will lead the creative direction and management of Epic, and report to Rob Stringer, CEO, Sony Music Entertainment.
Although there was plenty of trepidation leading up to the recent passage of the Music Modernization Act, the legislation was met with surprisingly little controversy once it was passed. Since then, unfortunately, some details have emerged over how the royalties of independent songwriters will be monitored that are raising the ire of some in the music industry.
Digital piracy specialist MUSO has raised $4.5 million in an extension of its $3.2 million 2017 Series A with Harwell Capital. The new investment will be used to expand the company’s efforts in the digital media, gaming and live broadcast sectors.
While a recent Billboard headline proclaiming women to be dominating the Hot 100 might lead you to believe otherwise, a closer look at the data reveals the gender play gap to still very much be an issue in the music business.