Strong Quarter For Sony Music Helps Sony Corp. Turn Profitable Despite Orchard Write-Off
Sony Corp beat analyst's expectations and swung back to profitable in the first quarter of 2016 after posting a loss last quarter. Helping drive the turnaround was a stronger than expected. Continue reading
Music Publishing News Roundup 7.19.16: Songwriters Move To Exclude Sony • Music Dealers Implodes • Sony/ATV Claims Top Spot
The National Music Publishers’ Association and the Nashville Songwriters Association have moved to exclude Sony Music Entertainment from participating in the Copyright Royalty Board’s proceeding to determine mechanical royalty rates. Continue reading
FRI. BRIEFING: Vevo Revamps, Adds Curators • $1B Line IPO • Eventbrite Adds Venues • SupaPass • More
Friday 7.15.16 Music Business News From Around The Web Video has become more important than ever, but Vevo has always been an afterthought. It's hard to see how any revamp. Continue reading
Stagelink Closes 2nd Seed Round For Crowdsourced Concerts
[UPDATED] Only playing the places where your fans are is the holy grail of touring. Several startups have tried to achieve that goal by crowdsourcing live shows. Stagelink is the. Continue reading
Spotify Adds Merch Sales Via Merchbar
[UPDATED] With current royalty deals already leading to unprofitable businesses, Spotify, Pandora and other music streamers have been turning to add-ons to try to keep artist and labels happy. For. Continue reading
MIDEM 2016 To Have International Focus
Music industry convention MIDEM will celebrate its 50th anniversary with an international focus.Taking place in Cannes, France, on June 3-6, the international dimension of the music ecosystem will be at. Continue reading
Less Than 10% Of Spotify Users Listen To 1 Full Album Per Month, According To Universal Music Group Analysis
Is the album dead? There's no easy answer. But an analysis of Spotify user listening habits done by Universal Music Group suggests that while artists are continuing to make albums,. Continue reading
Why What’s Good for Adele, Sucks For Everyone Else
We often celebrate artists like Adele and Taylor Swift for leading the music industry in a direction of positive change, but the realities of income redistribution mean that their business. Continue reading
Rdio Bankruptcy Details: $220M In Debt, Losing $2M Per Month
Its no secret that ad-supported music streaming is currently a money losing business. But court papers filed in the bankruptcy court today show just how tough a business it is. Continue reading
Dubset Releases Inaugural Mix Transparency Report: Atlantic Records, David Guetta Most Sampled
The fastest growing genre - Electronic Dance Music – may very well become the music industry’s latest key to unlocking millions in untapped revenue, and we finally have the data. Continue reading