Warner Music Group owner Len Blavatnik was smart enough to spark a public offering last month — and wise enough to put it on ice this week. Blavatnik, the Ukranian-born billionaire who presciently purchased Warner Music Group back in 2011, savvily deci…
Author archives: Paul Resnikoff
Is SXSW About to Get Canceled? Twitter CEO Pulls Out; Thousands Demand Cancelation Over Coronavirus Concerns
Twitter CEO Jack Dorsey has officially dropped out of SXSW over coronavirus concerns. Meanwhile, nearly 20,000 have demanded the event’s cancellation in an online petition. The Twitter pullout was confirmed on Sunday (March 1st) to Digita…
Live Nation CEO Michael Rapino Downplays Coronavirus Concerns
Live Nation President and CEO Michael Rapino doesn’t believe that his company’s operations and long-term financial outlook will be dramatically impacted by the coronavirus (COVID-19), even as other promoters (and artists) continue to change their touri…
Juicy J Slams Columbia Records In New Song — ‘F*k Columbia Records’
Juicy J posted — then deleted—a vicious Columbia Records diss track. And if the title and lyrics of rapper Juicy J’s newest single are any indication, he’s not a very big fan of his record label. On the heels of a few strongly worded (and highly criti…
Peloton Settles Ugly Copyright Infringement Lawsuit Involving 14 Music Publishers
Peloton has now settled its contentious legal battle against 14 different music publishers, a group corralled by the National Music Publishers’ Association (NMPA). Peloton shared news of the settlement with Digital Music News, and publishers conf…
Sync Music Licensing: Secrets for Scoring Deals and Maximizing Revenue
Sync licensing—the process through which television, film, advertising, and other visual-media professionals feature songs in their works—provides all artists, from internationally beloved stars to behind-the-scenes composers, with a shot to achieve bo…
Music Benefactors Wants to Solve the Crowdfunding Riddle for Musicians — Introducing the ‘Artist Public Offering’
On November 14th, 2019, Taylor Swift wrote an open letter to the public, the music industry, and, most importantly of all, her many millions of fans. In it, Swift — who has sold over 50 million records and became a global sensation long before her 30th…
2019’s US-Based Streaming Music Market Was Larger Than the Entire Recorded Music Market in 2017
According to a detailed report shared this (Tuesday) afternoon by the Recording Industry Association of America (RIAA), 2019 brought a substantial uptick in US-based music industry revenue. Streaming catapulted the double-digit gains; the format is now…
Metallica Cancels Two Festival Performances as James Hetfield Continues Rehab
To provide frontman James Hetfield with additional time to proceed through rehab and recover, Metallica has canceled scheduled performances at the Sonic Temple Art and Music Festival and the Louder Than Life Festival. In a statement addressed to the “M…
Believe, Nuclear Blast Launch ‘Blood Blast Distribution’ — Specializing in ‘Extreme Music’
Is genre-specialized music distribution next? Believe and Nuclear Blast Records are cutting the ribbon on Blood Blast Distribution — for those that prefer the more brutal side of things. Nuclear Blast Records has long been a force in the extreme metal …