[UPDATED] Saturday night Beyoncé became the latest superstar TIDAL artist-owner to release their new album exclusively on the platform, following Kanye West and Rhianna. The much anticipated 12 track album, ‘Leomonade’ sent fans into a frenzy on social media. ______________________________________ Beyoncé announced the release of her latest album ‘Lemonade’ during…
Category archives: Major Labels
CHANGES @ Sony • PledgeMusic • UMG • UMPG • Atlas Music • Capital Records • T.J. Martell Foundation
Hannah Dudley has joined Sony Music Nashville as Director of Marketing. Previously, Dudley was at Dream Big Entertainment Group and did stints at East West Records/Rhino/Label Services, Parlophone and Virgin Records UK. • Paula Woollatt has joined PledgeMusic in London as Head of Manufacturing & Fulfilment UK/EUR. Paula comes from…
WMG’s ADA Inks BMG For Global Distribution
Remember when BMG sold its mega-share of Sony BMG vowing to exit the recorded music business. In the last 2 years, they’ve re-entered the record marketplace via acquisitions and creative partnerships; and now they’ve partnered with former rival WMG for distribution. Warner Music Group’s independent distribution operation ADA Music has…
Former Exec Pleads Guilty To Embezzling $1.3 Million From Warner Music Group
We’ve been covering this story since 2014, and now its finally come to a end. Former Warner Music executive and Obama fundraiser Danielle Smith has pleaded guilty to embezzling more than $1 million from the record label. __________________________________________ Former WMG executive Danielle Smith, 47, admitted to grand-larceny in a Manhattan…
Analyst Mark Mulligan Dives Into IFPI’s Global Music Report 2016 And Surfaces Several Surprising Takeaways
Yesterday the IFPI released its Global Music Report 2016 show the first real growth for the music industry in 20 years driven largely by explosive growth in streaming. Here top music industry analyst Mark Mulligan takes a look at the meaning behind the stats. ________________________________________ By industry analyst Mark Mulligan…
State Of The Music Industry By The Numbers [CHART]
The IFPI released their Global Music Music Report 2016 today. In addition to showing the first industry growth in 20 years and the explosion of streaming, it also contains some other surprising and important stats. This chart summarizes all the key findings. _____________________________________________ click on image to enlarge MORE: Global…
Global Music Revenue Up 3.2% As Digital Passes Physical, Streaming Explodes – IFPI Global Music Report 2016
After 20 years of almost constant decline, global music industry revenue was up 3.2% last year, according to a report released today by the trade association IFPI. Leading the shift was explosive growth in streaming music revenue. ___________________________________________ Global music revenues increased 3.2% in 2015 to $15 billion, as digital…
Major Labels Ratchet Up Anti-YouTube Rhetoric As The Begin Difficult Renegotiations
The RIAA and the labels it represents have been ratcheting up their anti-YouTube rhetoric, calling out the popular service for paying "meager" royalties. Never mind that these same labels where the ones who agreed to these terms a few years ago. But now, they seem intent on righting their own…
UPDATE: 85 Million Streams (50M On Spotify) Push Kayne West’s "Life Of Pablo" To #1
Kayne West’s Life of Pablo took the top spot of the BuzzAngle album chart last week with over 82,000 album project units. It accumulated 85M streams, meaning 70% of consumption came from streaming, a first for the format. The top 10 albums together totaled 240M streams, with Pablo accounting for…
9 New Rules For Success In The Modern Music Industry
As the music business continues to shift and transform as it has for the past decade, the rules which govern how artists and industry entrepreneurs measure achievement and success must also change to fit a drastically altered industry. _____________________________ Guest Post by Bobby Owsinski on Music 3.0 We’ve gone through…