Gibson’s Credit Downgraded, Bankruptcy Predicted

Gibson Guitars and its related music companies got more bad news last week as top credit agency Standard & Poor's downgraded the companies already poor credit rating, making it even. Continue reading

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THU. BRIEF: Music Celebrates Int’l Women’s Day • Gibson’s Future Dims • DOJ Eyes Streaming Piracy • More

THURSDAY 2.8.1​8​ Music Business News From Around The Web  Updated continuously under our More News tab

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Genius Raises $15M More To ‘Become #1 Brand In Music’

Genius, which was founded in 2009 has Rap Genius, has raised an additional $15 million. The round was led by Eric Mindich's Everblue, a new fund focused on music and e-sports, with. Continue reading

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Apple Deleting iTunes LP Format: Beginning Of The End?

Apple is deleting the iTunes LP format. The news was shared with labels and distributors two weeks ago; and now an email to iTunes' music partners has surfaced that states. Continue reading

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47 Million U.S. Adults Have A Smart Speaker At Home

I'm one of many who believe that smart speakers will accelerate the adoption of music streaming, bringing it full into the mainstream. Getting an Alexa-enabled Sonos One doubled the amount. Continue reading

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A Letter To Songwriters On The Copyright Royalty Board

Following two lengthy years and a slew of cash from digital streaming services and the NMPA, the Copyright Royalties Board has finally reached its decision to increase payout to songwriters. Continue reading

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Indies Demand Spotify Stock Profit Share, Sony Responds

While the major labels have promised to pay their artists a share of any proceeds from the sale of their stock in  Spotify,  the  independent music community is demanding that. Continue reading

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Suge Knight Attorneys Charged With Witness Tampering

Two former attorneys for rap mogul Marion “Suge” Knight were indicted on charges of conspiring to bribe potential witnesses in Knight’s murder case, according to a grand jury indictment unsealed. Continue reading

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5 Techniques For Selling More Concert Tickets in 2018

With competition in the live music industry now fiercer than ever before, and ticket sales up appreciably since 2016, artists are eager to get a piece of the live music. Continue reading

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CD Baby Paid Indie Artists $80M In 2017, Up 33%

As part of its 20th Anniversary celebration, CD Baby shared stats showing substantial growth. In 2017, CD Baby paid their indie clients $80 million, up 33% from the previous year.

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