The Business Of Indie: Daptone Resurrected • New Ole CEO, Acquisitions • Sup Pop Singles Club • More

Today Hypebot launches The Business Of Indie, an initial step in our effort to give independent labels, publishers and artists the attention they deserve. Much like Hypebot’s More News section, The Business Of Indie will be nestled under the Indie tab at the top of the page and feature a…

ASCAP Is Taking These 12 U.S. Venues To Court

The American Society of Composers, Authors and Publishers (ASCAP) has filed 12 separate copyright infringement actions against U.S. bars and restaurants alleging unauthorized public performance of its members’ copyrighted musical works. ASCAP is one of the top U.S. performing rights organizations licensing the public performances of songs, collecting license fees,…

YouTube CEO Says Article 13 Could Kill Music Videos

In her strongest statement so far, YouTube CEO Susan Wojcicki says that the European Union’s proposed Article 13 copyright directive is impossible for YouTube to comply with. “Platforms that follow these rules, and make a good effort to help rights holders identify their content, shouldn’t be held directly liable for…

Neil Young Slams Trump Over California Wildfires

Canadian rocker Neil Young took U.S. President Donald Trump to task on Monday over calls to revoke federal funding for forest management. Young, a vocal environmentalist, is one of the thousands of people who lost their home in the ongoing deadly Woolsey fire near Malibu, California. Trump, per usual, sparked…

Keith Richards Brings Solo Catalog To BMG

Guitarist and Rolling Stones co-founder Keith Richards has signed with BMG worldwide to consolidate his entire solo recording catalog. The agreement includes Richards’ 1978 debut solo single ‘Run Rudolph Run’ and four solo albums from 1988-2010, alongside his publishing which BMG has represented since 2013. Released in 1988, Richards’ debut…

Spotify Stock Hits All Time Low After Analysts Downgrade

Spotify stock fell 4.89% on Monday, closing the day at $131.13. That leaves the streamer with a market cap of just under $24 billion. At one point in the day, the stock fell to an all time low of $126.75. Spotify’s downturn continued on a day of turmoil in the…

TUE. BRIEF: Spotify Stock Hits Low • Digital Power Players • Kane Brown Sets Apple Music Record • More

TUESDAY 11.13.18
Music Business News From Around The Web
Updated continuously under the More News tab

90% Of Consumers In Spotify’s Home Market Stream Music, But Only 43% Pay For It

A new streaming music survey in the Nordic countries offers a look at what may be the best that Spotify and the music industry can hope for when it comes to paid versus free streaming. Since streaming music was all but invented there, the Nordic countries of Norway, Finland, Denmark…

The Business Of Indie Launches Tuesday

Independent labels, publishers and artists are the heart of the music business. But with media and the trades obsessed with major labels, big hits and the Life Of Kanye, indie music doesn’t get the recognition it deserves. So Tuesday, Hypebot is launching The Business Of Indie as a first step…

MTV Acquires SnowGlobe Music Festival, Plans Global Live Music, Event Expansion

MTV has acquired the SnowGlobe Music Festival, as part of a plan to expand the brand and business beyond TV. Held on New Year’s Eve, the annual event is held in South Lake Tahoe and with more than 20,000 fans for three days of music, action sports and interactive art….