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.
Universal Music Group announced it is expanding its presence in the world of podcasting via a new partnership with indie podcast publisher Wondery. Under the terms of the deal, podcasts produced by Wondery will have access to UMG’s catalogue and its roster of artists.
Spring will shepherd in the cancellation of numerous music contracts, and with renegotiations on the table, three of the industry's biggest labels are eager to see if they can squeeze some additional revenue out of the rapidly growing social media platform TikTok.
Take a look at the humble origins of revolutionary pop artist and rising star Billie Eilish, and how the singer and her brother FINNEAS create their #1 signature sound in a small bedroom studio in a modest LA neighborhood.
In an effort to pay down its massive debts, iHeartMedia is set to file for an IPO, a move by the bankrupt internet radio company which could be indicative of what the future may hold for other music companies involved in radio, and specifically internet radio, may do moving forward.
Taylor Swift has been posting mysterious photos on her Instagram account, teasing an announcement on April 26th. The mystery started Friday when Swift added a countdown timer on the landing page of her website. The timer provides no information other than the fact that it is counting down to midnight on April 26th, suggesting she plans to make an announcement on that date.
YouTube has confirmed that the new video from BTS, “Boy With Luv” featuring Halsey, is the now most-viewed 24 hour music video debut in YouTube history, adding to an already huge week for the K-Pop superstars.
EU Gives Final Approval To Article 13 Copyright Directive, YouTube, Facebook Expected To Be Hit Hard
On Monday morning, the EU Member States gave the Article 13 copyright directive the final green light, after months of contentious debate. Nineteen member countries voted yes, six voted against and three abstained.
Deborah Dugan, the CEO of nonprofit AIDS group (RED), will reportedly replace current president/CEO Neil Portnow when his contract ends in July. Portnow, who helmed the Recording Academy and its Grammy Awards for 17 years, said last year that he would leave the organization when his contract ended this summer.
BTS has released its new album, MAP OF THE SOUL: PERSONA today and Spotify is confirming that they are now the first K-Pop group and first artist from Asia to surpass 5 billion streams on the platform.