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# REWIND: The new music industry’s last week in review
- URL: https://www.hypebot.com/rewind-the-new-music-industrys-week-in-review-237/
- Published: 2022-09-17T12:12:05.000Z
- Updated: 2022-09-19T12:53:01.000Z
- Description: It was another big news week globally some major music companies are having hard times, the Americana Music Award winners were announced, and more. Trouble at $1B Hipgnosis Songs Fund. Continue reading [https://www.hypebot.com/hypebot/2022/09/rewind-the-new-music-industrys-week-in-review-237.html]
- Author: Alana Bonilla
- Tags: Music Business, music, music industry, musician, musicians, #wp, #wp-post, #Import 2026-01-21 09:44

It was another big news week globally some major music companies are having hard times, the Americana Music Award winners were announced, and more.

- **[Trouble at $1B Hipgnosis Songs Fund reports Financial Times](https://www.hypebot.com/troubles-at-1-billion-hipgnosis-songs-fund-reports-financial-times/)**
- **[Owner of respected political site Politico wants to take down TikTok](https://www.hypebot.com/owner-of-respected-political-site-politico-wants-to-take-down-tiktok/)**
- **[YouTube is on track to surpass Spotify as 12-month music payouts rise 50% to $6B](https://www.hypebot.com/youtube-on-track-to-surpass-spotify-as-12-month-music-payouts-rise-50-to-6b/)**
- **[Patreon lays off 17% of the workforce, closes offices](https://www.hypebot.com/patreon-lays-off-80/)**
- **[UMG consolidates Virgin, Ingrooves, newly acquired mtheory into new Artist & Label Services Division](https://www.hypebot.com/umg-consolidates-virgin-ingrooves-newly-acquired-mtheory-into-new-artist-label-services-division/)**
- **[Live Nation launches a $59 Club Pass to all shows at your local venue](https://www.hypebot.com/live-nation-launches-a-59-club-pass-to-all-shows-at-a-local-venue/)**
- **[Americana Music Awards go to Allison Russell, Brandi Carlile, Billy Strings & more – a full list of winners](https://www.hypebot.com/americana-music-awards-go-to-allison-russell-brandi-carlile-billy-strings-more-a-full-list-of-winners/)**