Feb 5, 2024 · February 5, 2024. By Mandy Dalugdug. News United States United Kingdom Blokur Jeremy Verba Music Reports Phil Barry Songdex. Independent music rights administration platform Music Reports says its acquisition of Blokur is meant to complement its existing services and technology. The company also announced that it partnered with independent distributor DistroKid to allow indie artists to upload their music to Audius.. Audius also teamed up with Ampsuite, the label operations management platform owned by Beatport, to allow labels to distribute their music to Audius. “When we launched Audius four years ago, our mission …Music Business Worldwide. News United States Roc Nation. Related Posts. Brett Yormark named COO at Roc Nation. Jay Z’s Roc Nation to launch new multimedia brand, EDITION. Jay Z’s Roc …That ruling centered on an increase in the overall percentage of streaming services’ US revenues that legally have to be paid by the likes of Spotify to songwriters.. The CRB decided to move that percentage figure up from 10.5% to 15.1% across the five years between 2018 and 2022. It was the largest rate increase in the history of the CRB.TikTok is also launching a “New Release” tool for Artist Account holders. This feature was first trialed in the summer by BTS to promote their single Take Two, but is now being rolled out widely as part of the new accounts.. The promo tool allows artists to highlight a new track for up to 14 days before release, and for …MBW’s Inspiring Women series profiles female executives who have risen through the ranks of the business, highlighting their career journey – from their professional breakthrough to the senior responsibilities they now fulfill.Inspiring Women is supported by Virgin Music Group.. Blaike Ford has innovation running through her veins. She started …So, these days, TikTok’s relationship with the music industry is also developing at the speed of light. TikTok’s Global Head of Music Business Development, Ole Obermann, only last sat down with MBW in May, at a time when many people in the business saw the platform as being under pressure from the music industry to get …Dot Da Genius on Kid Cudi, Kanye, the possibility of a producers’ strike and why he wants to ‘completely overhaul’ the current music industry business model. Kid Cudi's key creative collaborator discusses his breakthrough, his biggest records, AI and why he's keeping hold of his catalog - for now. The best of MBW, plus the most important ...Some back-of-a-napkin economics: industry sources suggest that each play on Spotify in the US, in terms of recorded music royalties, currently generates somewhere around USD $0.003 per month. This would suggest that for these tracks to generate $0.05 per month in royalties, they would need to generate 17 plays a month, or around 200 …Music Business Worldwide. News Sweden Daniel Ek Paul Vogel Spotify ticketing. Related Posts. Neil Young’s music to return to Spotify. Spotify challenges YouTube, launching music videos for Premium users in 11 markets. Global consumption of music from India soared 2,000% in 5 years on Spotify.Feb 5, 2024 · February 5, 2024. By Mandy Dalugdug. News United States United Kingdom Blokur Jeremy Verba Music Reports Phil Barry Songdex. Independent music rights administration platform Music Reports says its acquisition of Blokur is meant to complement its existing services and technology. Variety reported in February that Sony Music Group was in negotiations to acquire 50% of Jackson’s music rights for a price-tag in the region of $800 to $900 million. A source close to that process has suggested that the number may end up slightly lower than that figure, at between $700 million and $800 million. Music Business WorldwideWelcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.On February 21, Believe’s board received a private expression of potential interest in buying the company from Warner Music Group.. Then, on February 27, WMG told Believe that it was considering making a takeover offer for Believe at a materially higher value than the Ladegaillerie bid.(WMG’s potential bid would value Believe at around USD …Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic collaborations with …Stu Bergen has been appointed interim CEO of France-headquartered music streaming platform, Deezer. His appointment to the CEO role, effective April 1, 2024, follows the recent publication of the company’s financial results for 2023 and the departure of its CEO, Jeronimo Folgueira.. Deezer generated revenues of … Music Business Worldwide (MBW) is a global music industry news and analysis website launched in 2015 by former Music Week editor Tim Ingham. As of December 2020, it ranked 22,845 in the list of most visited global websites according to Alexa Internet. Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly …At $2.2 billion, Japan is the world’s second largest music market after the US. But it’s evolving. Revenue from digital sources rose to 35% last year, from …Monday’s news arrived three weeks after Warner announced that it is laying off around 600 staff, or about 10% of its workforce – a move that Warner Music Group CEO Robert Kyncl said on the company’s earnings call is part of an efficiency drive that will save the company $200 million by September 2025.. The majority of … The fastest-growing genres in 2023 so far in the US are Latin, Country and World Music, says Luminate. On Universal Music Group’s Q1 earnings call, Sir Lucian Grainge criticized what he calls the “content oversupply” that currently sees around 100,000+ tracks distributed to music streaming services each day. The 16 wealthiest singers in the world - Taylor Swift net worth Being a famous pop star with a string of chart hits is a profitable business - as these …They have worked together for several years and all move up from previous positions at AWAL, having joined before Sony acquired the company from Kobalt in 2021 for $430 million (a process that needed to go through regulatory approval from the Competition and Markets Authority (CMA) before being given …4 days ago · In July 2022, veteran music executive and producer Irv Gotti (Irving Lorenzo), the founder of rap label Murder Inc, sold a stake in his master recordings to Iconoclast in a deal worth $300 million. Sam Roseme and Peter Paterno of King, Holmes, Paterno & Soriano, LLP. represented Iconoclast, and Don Friedman of Grubman, Shire, Meiselas & Sacks ... Islington Assembly Hall – Sessional Venue Staff (bars, cloakroom, box office) – UK. Seeking individuals who with the ability to work to the highest standards, juggling competing priorities and demonstrating resilience to pressure and retaining due professionalism at all times -. Job type: Operations. Location: London, United Kingdom ...In 2023, the Italian market of recorded music grew by 18.8% YoY, reaching a total of 440 million euros of revenues, according to FIMI (Federazione …The company also announced that it partnered with independent distributor DistroKid to allow indie artists to upload their music to Audius.. Audius also teamed up with Ampsuite, the label operations management platform owned by Beatport, to allow labels to distribute their music to Audius. “When we launched Audius four years ago, our mission …Feb 15, 2024 · Stewart’s catalog includes ten No. 1 albums and 31 Top 10 singles in the UK, six of which reached No. 1 plus 17 Top 10 albums, with four reaching No. 1 and 16 Top 10 singles in the U.S. Billboard ranked him as the 15th Greatest Artist of all time (6th among male soloist), he’s also the 13th Greatest Billboard 200 Artist of all time, the 2nd most successful British solo artist of all-time ... In 2023, the Italian market of recorded music grew by 18.8% YoY, reaching a total of 440 million euros of revenues, according to FIMI (Federazione …According to a new study from Pex, which monitors and analyzes copyrighted content on digital services, TikTok has the most modified audio of all major UGC platforms, including YouTube, Facebook, and Instagram.. Pex estimates that comfortably more than a third (38.03%) of all songs found on TikTok were speed or pitch-modified in …The music-making app, which claims to be the world’s largest, has launched a sync licensing program for its global registered user base of over 60 million music creators. The service is called ‘ BandLab Licensing ‘ and the company claims that it’s a “first-of-its-kind offering for a music creation platform”.5 days ago · Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking Trends – which dives behind the biggest headlines in the music industry – as well as The MBW Podcast, which sees us interview some of the leading figures in the global business. Oct 28, 2023 · (BMG has since confirmed that, while keeping digital distribution in-house, it’s inked a deal with Universal Music Group to handle its physical distribution business. Now, Coesfeld is enacting another set of significant changes at BMG, which posted an operating EBITDA of €90 million ($97m) , up 22.6% YoY , in the first six months of 2023. In addition, all of these roles will be promoted to Music Business Worldwide’s 50k+ email audience via our weekly Jobs Update mailout, which proudly contains “The best new jobs in the music business”. “We have used MBW jobs numerous times to recruit key positions and every time we found the right candidate.” Jim Selby, …4 days ago · In July 2022, veteran music executive and producer Irv Gotti (Irving Lorenzo), the founder of rap label Murder Inc, sold a stake in his master recordings to Iconoclast in a deal worth $300 million. Sam Roseme and Peter Paterno of King, Holmes, Paterno & Soriano, LLP. represented Iconoclast, and Don Friedman of Grubman, Shire, Meiselas & Sacks ... As MBW revealed last week, Sony’s music divisions (Sony Music Group plus its Japan-based music companies) jointly generated $7.49 billion in 2021 across music publishing and recorded music. That $7.49bn figure (at USD-level constant currency) was up 23.9% year-over-year, or by a handsome $1.44 billion …Music Business Worldwide. News United States Dan Ryland direct-to-fan Insidr music Kima Otung. Related Posts. Latin music superfans spend over 30% more on music-related activities than other music superfans in the US (report) Latest Music Business Jobs. Los Angeles, United States WARNER MUSIC GROUPMusic Business Worldwide. News United States ADA worldwide Adriana Sein Cheryl Pawelski Omnivore Recordings. Related Posts. Warner’s ADA Worldwide signs global distribution deal with South Coast Music Group. From Sony Music’s deepfake takedowns to iHeartMedia’s $100m BMI sale proceeds… it’s MBW’s Weekly Round-Up ...The words of JT Myers, co-CEO of Virgin Music Group (VMG) in an interview with MBW published shortly before the end of 2023.. Today (January 4), as 2024 rubs the sleep from its eyes, we receive some news that indicates just how keen Myers and his co-CEO at VMG, Nat Pastor, are on Latin music and its artists. VMG, Universal Music …The 16 wealthiest singers in the world - Taylor Swift net worth Being a famous pop star with a string of chart hits is a profitable business - as these …The company also announced that it partnered with independent distributor DistroKid to allow indie artists to upload their music to Audius.. Audius also teamed up with Ampsuite, the label operations management platform owned by Beatport, to allow labels to distribute their music to Audius. “When we launched Audius four years ago, our mission …Music catalogs are big business again. The past year has seen nine-figure acquisitions of artist/songwriter assets and income streams involving superstars such as Michael Jackson, Enrique Iglesias, Katy Perry, and Rod Stewart.. Elsewhere, the frontline music business (signing and developing new artists) continues to grow across both the …The four ‘major’ recorded music companies – which in this instance means Universal Music, Sony Music, and Warner Music, plus indie collective Merlin – have cumulatively lost 12% of market share on Spotify over the past five years. That stat came to light in Spotify’s new annual investor report, which reveals that …In 2023, the Italian market of recorded music grew by 18.8% YoY, reaching a total of 440 million euros of revenues, according to FIMI (Federazione … Tim Ingham is the founder and Publisher of Music Business Worldwide, which has serviced the global industry with news, analysis and jobs since 2015. London-based Ingham is a well-known music industry analyst and commentator , who has written about the business for the likes of The Guardian, The Independent, The Observer, The Daily Mail and NME. The US recorded music industry saw total revenues rise by 9.2% in 2020 to $12.15bn on a retail basis. As previously predicted by MBW , that was up by over $1bn on the $11.13bn the market generated across all formats in 2019.MBW Reacts is a series of analytical articles from Music Business Worldwide written in response to major recent entertainment events or news stories.. If you listened to the MBW’s most recent Talking Trends podcast – and thousands of you already have – you may have picked up on a particularly relevant data point …At $2.2 billion, Japan is the world’s second largest music market after the US. But it’s evolving. Revenue from digital sources rose to 35% last year, from …Mar 25, 2022 · Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. Jan 22, 2024 · Apple Music rival Spotify does not currently offer Spatial Audio on its platform. Spotify is rumored, however, to be preparing a ‘Supremium’ tier that offers 24-bit Lossless music and the ability to make playlists with artificial intelligence at a monthly subscription price of $19.99 per month. Music Business Worldwide “Welcome to the first year of tomorrow’s music business”. Music Business Worldwide. Analysis News United Kingdom United States MiDIA. Related Posts. Global recorded music revenues reached $28.8bn in 2021, says Midia. The global recorded music business generated over $50m a day last year – and …MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …Monday’s news arrived three weeks after Warner announced that it is laying off around 600 staff, or about 10% of its workforce – a move that Warner Music Group CEO Robert Kyncl said on the company’s earnings call is part of an efficiency drive that will save the company $200 million by September 2025.. The majority of …Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking Trends – which dives behind the biggest headlines in the music industry – as well as The MBW Podcast, which sees us interview some of the leading figures in the global business.The 16 wealthiest singers in the world - Taylor Swift net worth Being a famous pop star with a string of chart hits is a profitable business - as these …In another case, Sony Music and Warner Music Group are seeking $1.6 billion. Another closely-watched case was filed by the major recording …Some back-of-a-napkin economics: industry sources suggest that each play on Spotify in the US, in terms of recorded music royalties, currently generates somewhere around USD $0.003 per month. This would suggest that for these tracks to generate $0.05 per month in royalties, they would need to generate 17 plays a month, or around 200 …The Worldwide Independent Network (WIN), which represents independent music trade associations worldwide, announced five new board members while re-electing its Chair and Treasurer.. The 20-member board, elected annually, comprises independent music company and trade association representatives from various regions. To better …Warner Records is a Los Angeles-based frontline record label at Warner Music Group.. The company was founded in May 2019 as a “moment of reinvention” for the historic Warner Bros. Records company.. Warner Bros. Records was founded in March 1958 as an arm of Warner Bros. Pictures.The 16 wealthiest singers in the world - Taylor Swift net worth Being a famous pop star with a string of chart hits is a profitable business - as these …Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.Hive Music – Label Coordinator (Remote) Required: Strong written and verbal communication skills, familiarity with, or willingness to quickly learn, digital music tools such as: Spotify For Artists, Apple Music for Artists, YouTube Studio, TikTok, Instagram etc. Job type: Label Services. Location: Remote. Application deadline: March …Jan 22, 2024 · Apple Music rival Spotify does not currently offer Spatial Audio on its platform. Spotify is rumored, however, to be preparing a ‘Supremium’ tier that offers 24-bit Lossless music and the ability to make playlists with artificial intelligence at a monthly subscription price of $19.99 per month. Music Business Worldwide Feb 8, 2024 · Within that figure, recorded music streaming revenues were up 11.4 % YoY at constant currency to $887 million; Recorded music subscription streaming revenues were up 12% YoY on a normalized, constant currency basis to $644 million. Music publishing revenues – at Warner Chappell Music – were up 19.7% YoY at constant currency to $304 million. Oct 23, 2023 · Over in Japan, the world’s second-largest recorded music market, superfans arguably form the backbone of the country’s music industry. Subscription music streaming was a half-a billion-dollar-plus business in Japan in 2022, reaching 75.62 billion yen or USD $575 million. But in contrast to streaming trends in mature music markets around the ... MBW covers the latest trends and developments in the global music industry, from streaming to songwriting, from markets to mergers. Read interviews, news, …Music Business Worldwide has been crunching a veritable mountain o’ numbers today (August 9).. That’s because the past 48 hours have seen two major music companies – Warner Music Group (WMG) and Sony Music Group (SMG) – post their calendar Q2 revenue/profitability figures for investors. (Sony did so …Music Business Jobs is the most effective way for the global music industry to find the best candidates for their open positions. In addition to being seen by over 300,000 monthly unique readers online, our listings are also emailed direct to more than 50,000 professional subscribers every week – across the US, UK, Europe, …MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …Obviously, the latter is by far the smaller part of SoundCloud’s business, but it did experience significant growth in 2020 (+156%), which SoundCloud says was the result of both an influx of new Repost subscribers, but also the general growth in royalties pertaining to increases in subscriptions and advertising revenues across music …In the IFPI's annual Global Music Report covering the music industry 2023, revenues jumped 10% to $28.6 billion, the highest figure since 1999.A fair bit of ink in the financial press so far has been spilled on Coesfeld’s familial ties to BMG owner Bertelsmann. Coesfeld is the grandson of Reinhard Mohn, the late German billionaire who transformed Bertelsmann into a multi-pronged media empire in the 20th Century.. Many see Coesfeld’s performance as BMG boss as a potential proving …MBW's World Leaders series speaks to Shunsuke Muramatsu, CEO of Sony Music Entertainment Japan. Interviews. ‘Bad Bunny and Rosalia are just the tip of a very large artistic iceberg. The creative force of Latin Music is unstoppable.’. In this feature, we speak to Nando Luaces, CEO of Madrid-based distributor and Latin …Joining Music Business Worldwide founder, Tim Ingham, on this MBW Podcast is Scott Cohen, the CEO of JKBX.. JKBX is a new platform that enables investors (including so-called ‘retail investors’) to acquire royalty shares in hit songs. It will, in future, also allow you to trade those royalty shares by selling them to others.Luminate also reports that Taylor Swift’s music made up 1.79% of the entire US recorded music market when a formula is applied to combine physical and digital sales plus streams into a single metric. (This metric includes Total Albums w/ TEA w/ SEA On-Demand Audio). To put the scale of Taylor Swift’s 1.79% US market share into context, …MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …MBW's World Leaders series speaks to Shunsuke Muramatsu, CEO of Sony Music Entertainment Japan. Interviews. ‘Bad Bunny and Rosalia are just the tip of a very large artistic iceberg. The creative force of Latin Music is unstoppable.’. In this feature, we speak to Nando Luaces, CEO of Madrid-based distributor and Latin …Rather than pointless infighting, the music business should unite instead and “grow the pie”. That message is palpably different to the ones now being delivered by the labels themselves. From the heads of the majors, there is widespread consensus that the way in which streaming revenues are distributed needs urgent reform.And as we demonstrated last week, Boston-headquartered Fidelity owns a 3.3% stake in Warner Music Group – which is currently worth approximately $450 million. In other words, across these two major music companies alone, Fidelity has a stakeholding in music rights worth more than $1.5 billion. Music Business WorldwideEMMA said music managers are at the epicenter of the new music economy. The European music industry currently sustains about 2 million jobs and contributes to nearly one-third of global recorded music revenues. Additionally, Europe stands as a prominent global hub for live touring, hosting a variety of …The Worldwide Independent Network (WIN), which represents independent music trade associations worldwide, announced five new board members while re-electing its Chair and Treasurer.. The 20-member board, elected annually, comprises independent music company and trade association representatives from various regions. To better …Horus Music is a UK-based online distributor and services company. Founded by Nick Dunn in 2006, the firm is headquartered in Birmingham. In 2016, Horus Expanded into India with the launch of Horus Music India.. It launched an in-house music publisher in 2017, Anara Publishing. Also in 2017, Horus Music was …The following MBW column comes from Eamonn Forde (pictured inset), a London-based music industry journalist, and the author of The Final Days of EMI: Selling the Pig. His new book, Leaving The Building: The Lucrative Afterlife of Music Estates, is out now via Omnibus Press. The live music business is badly broken.Monday’s news arrived three weeks after Warner announced that it is laying off around 600 staff, or about 10% of its workforce – a move that Warner Music Group CEO Robert Kyncl said on the company’s earnings call is part of an efficiency drive that will save the company $200 million by September 2025.. The majority of …Dot Da Genius on Kid Cudi, Kanye, the possibility of a producers’ strike and why he wants to ‘completely overhaul’ the current music industry business model. Kid Cudi's key creative collaborator discusses his breakthrough, his biggest records, AI and why he's keeping hold of his catalog - for now. The best of MBW, plus the most important ...Jan 4, 2024 · The words of JT Myers, co-CEO of Virgin Music Group (VMG) in an interview with MBW published shortly before the end of 2023.. Today (January 4), as 2024 rubs the sleep from its eyes, we receive some news that indicates just how keen Myers and his co-CEO at VMG, Nat Pastor, are on Latin music and its artists. Hydroflas, Coblestone auto spa, Hotelcollection.com, Wonder gardens bonita springs fl, Smart asset, Tap bar, Sheels near me, Ccei, Seriusxm com, Stuart cardiology group, Ymca ocala, Mariners landing, Summit spine and joint center, Pawn shops lubbock
Sep 26, 2023 · The UK music industry’s most enjoyable night out is just six weeks away. And now we know who’ll be competing for the top prizes. Taking place on the evening of Tuesday, November 7 , the A&R Awards 2023 will be held in Central London. . Melvins tour
patriot pryorSony Music Masterworks focuses on recording, producing, and promoting primarily non-pop music and live entertainment experiences. It curates film and television soundtracks, managing vast archives including Star Wars, The Phantom of the Opera, and Memoirs of a Geisha. “It is an absolute honor to join …Music Business Worldwide. News Sweden Daniel Ek Paul Vogel Spotify ticketing. Related Posts. Neil Young’s music to return to Spotify. Spotify challenges YouTube, launching music videos for Premium users in 11 markets. Global consumption of music from India soared 2,000% in 5 years on Spotify.In another case, Sony Music and Warner Music Group are seeking $1.6 billion. Another closely-watched case was filed by the major recording …Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. It was a big week for stats …Since that deal, Toronto-based Northleaf has used Spirit Music Group’s music assets to support the raise of a $303.8 million bond offering. The Spirit Music Group portfolio is largely made up of mature music royalty assets managed by Lyric Capital Group and represents combined catalogs totaling over …5 days ago · Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking Trends – which dives behind the biggest headlines in the music industry – as well as The MBW Podcast, which sees us interview some of the leading figures in the global business. Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.The UK music industry’s most enjoyable night out is just six weeks away. And now we know who’ll be competing for the top prizes. Taking place on the evening of Tuesday, November 7, the A&R Awards 2023 will be held in Central London.. ALL TABLES ON THE SHOW FLOOR HAVE NOW SOLD OUT, with just two balcony tables …MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …According to company data shared with Music Business Worldwide, SoundCloud is currently on course to post a slim – but positive – EBITDA for calendar/fiscal 2023.. The firm’s internal guidance shows that it’s currently projecting annual revenues of EUR €288 million (USD $310m) for 2023, up 7.5% YoY or 9% YoY at constant currency …Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic collaborations with industry partners. …MBW’s Inspiring Women series profiles female executives who have risen through the ranks of the business, highlighting their career journey – from their professional breakthrough to the senior responsibilities they now fulfill.Inspiring Women is supported by Virgin Music Group.. Blaike Ford has innovation running through her veins. She started …The company also announced that it partnered with independent distributor DistroKid to allow indie artists to upload their music to Audius.. Audius also teamed up with Ampsuite, the label operations management platform owned by Beatport, to allow labels to distribute their music to Audius. “When we launched Audius four years ago, our mission …4 days ago · In July 2022, veteran music executive and producer Irv Gotti (Irving Lorenzo), the founder of rap label Murder Inc, sold a stake in his master recordings to Iconoclast in a deal worth $300 million. Sam Roseme and Peter Paterno of King, Holmes, Paterno & Soriano, LLP. represented Iconoclast, and Don Friedman of Grubman, Shire, Meiselas & Sacks ... Feb 6, 2024 · Music Business Worldwide. The music sync industry is headed for an iceberg. It needs an upgrade. February 6, 2024. By Music Business Worldwide. Analysis United States United Kingdom MBW Views. Sync veteran Tom Stingemore on why his industry is operating inefficiently and needs to change…. EMMA said music managers are at the epicenter of the new music economy. The European music industry currently sustains about 2 million jobs and contributes to nearly one-third of global recorded music revenues. Additionally, Europe stands as a prominent global hub for live touring, hosting a variety of …According to a new study from Pex, which monitors and analyzes copyrighted content on digital services, TikTok has the most modified audio of all major UGC platforms, including YouTube, Facebook, and Instagram.. Pex estimates that comfortably more than a third (38.03%) of all songs found on TikTok were speed or pitch-modified in …November 8, 2023. By Music Business Worldwide. Credit: Alex Davison / MBW. Danny D (aka Danny Poku) and Tim Blacksmith brought the night to a close with a speech that brought the house down, collecting the Sir George Martin Award.Breaking down the major labels’ revenues, Midia estimates that Universal Music Group generated recorded music revenues of $8.2 billion in 2021, giving it a market share of just under 29%.. Midia estimates that Sony Music Group (SMG) was the fastest growing major for the second successive year. According to Midia, SMG increased its … The global recorded music industry generated $20.2bn in wholesale revenues – that’s the money making its way back to labels and artists – in 2019. This figure was up 8.2% on the prior year ($18.7bn), according to official industry data revealed in the latest IFPI Global Music Report today (May 4). Bright spots for record …. PARIS: Global music revenues were up 10.2 percent last year to $28.6 billion, according figures released Thursday, but record firms are concerned over … The MBW Yearbook: Our annual almanac, The MBW Yearbook, collates some of the finest interviews to appear on the Music Business Worldwide site every 12 months. This coffee table-style book contains the thoughts and wisdom of many of the smartest and most powerful execs working in music – all in one place. Music Business UK: The leading trade ... Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic collaborations with …MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …Music Business Worldwide. News United States Dan Ryland direct-to-fan Insidr music Kima Otung. Related Posts. Latin music superfans spend over 30% more on music-related activities than other music superfans in the US (report) Latest Music Business Jobs. Los Angeles, United States WARNER MUSIC GROUPMBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …And as we demonstrated last week, Boston-headquartered Fidelity owns a 3.3% stake in Warner Music Group – which is currently worth approximately $450 million. In other words, across these two major music companies alone, Fidelity has a stakeholding in music rights worth more than $1.5 billion. Music Business WorldwideJul 10, 2023 · In January 2022, for example, Warner Music Group, via its Warner Chappell Music subsidiary, acquired the global music publishing rights to David Bowie’s song catalog for more than $250 million. In December 2021, Bruce Springsteen sold both his masters, and publishing rights to Sony Music Group in a deal worth $550 million-plus. Jan 30, 2024 · However, the report did note “encouraging” signs that women are making inroads into the music industry, citing a 2022 report from Music UK showing that the share of women in higher level roles in the industry is growing, with women in senior-level roles rising from 40.5% in 2020 to 45.1% in 2022. Warner Music Group has posted its fiscal Q4 (calendar Q3) and FY financial results ending September 30, 2023.. WMG’s total revenues for its full fiscal year (the 12 months ended September 30) “eclipsed” $6 billion ($6.037bn) for the first time in the company’s history. That FY figure – encompassing recorded music, music publishing …Music Business Worldwide, London, United Kingdom. 56,554 likes · 75 talking about this. Music Business Worldwide (MBW) is the leading information and...The Worldwide Independent Network (WIN), which represents independent music trade associations worldwide, announced five new board members while re-electing its Chair and Treasurer.. The 20-member board, elected annually, comprises independent music company and trade association representatives from various regions. To better …On this Music Business Worldwide podcast, MBW founder, Tim Ingham, speaks to Audius’ co-founder and Chief Product Officer, Forrest Browning, about what differentiates his company from other music streaming platforms.. Also discussed: how Audius’ model fits increasingly snugly with clamoring from major music company …Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic …The Circuit Group, a music company founded by music industry veterans from artist management firms Seven20 and AYITA, has partnered with dance music company Defected Records to bolster their North American and UK expansions.. Under the terms of the agreement, Circuit will offer its services to …7s Management – Creative Content Manager (US) This position requires experience working directly with talent and creators to collaborate on campaigns. Job type: Marketing/Digital Marketing. Location: Denver, Colorado. Applications for …The Worldwide Independent Network (WIN), which represents independent music trade associations worldwide, announced five new board members while re-electing its Chair and Treasurer.. The 20-member board, elected annually, comprises independent music company and trade association representatives from various regions. To better …Horus Music is a UK-based online distributor and services company. Founded by Nick Dunn in 2006, the firm is headquartered in Birmingham. In 2016, Horus Expanded into India with the launch of Horus Music India.. It launched an in-house music publisher in 2017, Anara Publishing. Also in 2017, Horus Music was …The experience economy isn’t a new phenomenon – business schools were talking about it as far back as the 1990s – but it has taken on a new life in the post-pandemic world. After two years at home, consumers are prioritizing experiences over consumer goods perhaps like never before. And, as the chart below from Rapino’s presentation …In 2020, says MRC Data (formerly Nielsen Music), ‘R&B/hip-hop’ claimed a 28.2% share of total album-equivalent consumption. That was up on both 2019 (27.4%) and 2018 (25.6%). Meanwhile, Rock was …XP Music Futures reports that its speakers’ gender split was 46% female to 54% male, and the percentage of regional speakers was 56% versus 44% international. The conference also hosted the XP NITE sessions, with more than 130 artists performing across seven different event stages during the three-day event. Music Business WorldwideJan 4, 2024 · The words of JT Myers, co-CEO of Virgin Music Group (VMG) in an interview with MBW published shortly before the end of 2023.. Today (January 4), as 2024 rubs the sleep from its eyes, we receive some news that indicates just how keen Myers and his co-CEO at VMG, Nat Pastor, are on Latin music and its artists. “The music industry has evolved, and independent artists are bucking tradition and approaching their careers in new, savvy ways,” Tibon said in a statement. “At Duetti, we are dedicated to making the industry more transparent and unlocking new opportunities for independent artists who are normally overlooked by the investment …(BMG has since confirmed that, while keeping digital distribution in-house, it’s inked a deal with Universal Music Group to handle its physical distribution business. Now, Coesfeld is enacting another set of significant changes at BMG, which posted an operating EBITDA of €90 million ($97m) , up 22.6% YoY , in the first six months of 2023.Feb 29, 2024 · Senior music industry sources, however, have disagreed with this assessment. Speaking to MBW, a number of music execs have estimated that somewhere between 60% and 80% of “relevant repertoire” on TikTok – i.e. current and proven hits – would be impacted by TikTok’s removal of UMG’s (combined) publishing and recorded music repertoire. Bachelor’s Degree in Music Business or related field, and experience in live event production either at a venue, management company or agency. Job type: Operations. Location: New York, United States. Application deadline: March … Dot Da Genius on Kid Cudi, Kanye, the possibility of a producers’ strike and why he wants to ‘completely overhaul’ the current music industry business model. Kid Cudi's key creative collaborator discusses his breakthrough, his biggest records, AI and why he's keeping hold of his catalog - for now. The best of MBW, plus the most important ... The words of JT Myers, co-CEO of Virgin Music Group (VMG) in an interview with MBW published shortly before the end of 2023.. Today (January 4), as 2024 rubs the sleep from its eyes, we receive some news that indicates just how keen Myers and his co-CEO at VMG, Nat Pastor, are on Latin music and its artists. VMG, Universal Music …Music Business Podcast. Music Business Worldwide (MBW) publishes two podcasts: The MBW Podcast, which sees us regularly interview some of the leading figures in the global business – and Talking Trends – in which MBW founder, Tim Ingham, dives behind recent headlines in the music industry.MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic collaborations with industry partners. …Hive Music – Label Coordinator (Remote) Required: Strong written and verbal communication skills, familiarity with, or willingness to quickly learn, digital music tools such as: Spotify For Artists, Apple Music for Artists, YouTube Studio, TikTok, Instagram etc. Job type: Label Services. Location: Remote. Application deadline: March … The fastest-growing genres in 2023 so far in the US are Latin, Country and World Music, says Luminate. On Universal Music Group’s Q1 earnings call, Sir Lucian Grainge criticized what he calls the “content oversupply” that currently sees around 100,000+ tracks distributed to music streaming services each day. Rolling Stone ‘s parent company Penske Media Corporation announced on Monday a strategic investment in Music Business Worldwide — …Elevate Talent – Tour Director, APAC (APAC) Required: Minimum 3-4 years working experience in the Live Music industry managing “360 degrees” of arena & stadium tours, and experience preferred working in APAC markets. Job type: Live. Location: Asia Pacific. Application deadline: April 20, 2024.Dec 13, 2023 · According to company data shared with Music Business Worldwide, SoundCloud is currently on course to post a slim – but positive – EBITDA for calendar/fiscal 2023. The firm’s internal guidance shows that it’s currently projecting annual revenues of EUR €288 million (USD $310m) for 2023, up 7.5% YoY or 9% YoY at constant currency (USD). Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. This week saw a seismic …“The music industry has evolved, and independent artists are bucking tradition and approaching their careers in new, savvy ways,” Tibon said in a statement. “At Duetti, we are dedicated to making the industry more transparent and unlocking new opportunities for independent artists who are normally overlooked by the investment …Jan 9, 2024 · XP Music Futures reports that its speakers’ gender split was 46% female to 54% male, and the percentage of regional speakers was 56% versus 44% international. The conference also hosted the XP NITE sessions, with more than 130 artists performing across seven different event stages during the three-day event. Music Business Worldwide Dec 30, 2022 · For example, for ‘Standalone Portable Subscription Offerings’ (i.e. typical interactive music streaming subscriptions to Spotify, Apple Music et al) US music publishers will from 2023 onwards – thanks to CRB IV – be paid the lesser of (1) 26.2% of ‘Total Content Costs’ across all music rights or (ii) an aggregate amount of $1.10 per ... China broke into the world’s Top 5 recorded music markets in 2022, according to IFPI data, landing at No.5 ahead of France (No.6), South Korea (No.7) and Canada (No.8, see below). China generated USD $1.2 billion for recorded music rightsholders in the year, says IFPI, up 28.4% YoY. Music Business WorldwideFeb 12, 2024 · There’s an interesting shift taking place in the power dynamic between ‘major’ music rightsholders and DIY aggregators on the world’s largest subscription music streaming service, Spotify. Spotify published its earnings for Q4 and FY 2023 last Tuesday (February 6), revealing that its Premium Subscriber base grew to 236 million paying ... Prosecutors originally claimed the defendant had earned DKK 4.38 million (USD $635,000) on the fraudulent streams, but ultimately only DKK 2 million in earnings ($290,000) could be proven.. The court ordered DKK 2 million to be confiscated from the defendant, and added a DKK 200,000 ($29,000) fine.. The defendant indicated in court …4 days ago · In July 2022, veteran music executive and producer Irv Gotti (Irving Lorenzo), the founder of rap label Murder Inc, sold a stake in his master recordings to Iconoclast in a deal worth $300 million. Sam Roseme and Peter Paterno of King, Holmes, Paterno & Soriano, LLP. represented Iconoclast, and Don Friedman of Grubman, Shire, Meiselas & Sacks ... On this Music Business Worldwide podcast, MBW founder, Tim Ingham, speaks to Audius’ co-founder and Chief Product Officer, Forrest Browning, about what differentiates his company from other music streaming platforms.. Also discussed: how Audius’ model fits increasingly snugly with clamoring from major music company …Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. It was a big week for stats …It would take a hard-hearted industry commentator to complain about any growth in 2020, but that $1.5 billion / +7% annual uplift, notes Midia, was smaller than the $2.1 billion growth seen in 2019 (+11% YoY).. Midia notes: “Although the [worldwide] recorded music business experienced a dip in the earlier months of …I moved to Finland for the music scene, and now see why it's the happiest country in the world. As told to Charissa Cheong. Mar 16, 2024, 2:02 PM PDT. …Feb 5, 2024 · February 5, 2024. By Mandy Dalugdug. News United States United Kingdom Blokur Jeremy Verba Music Reports Phil Barry Songdex. Independent music rights administration platform Music Reports says its acquisition of Blokur is meant to complement its existing services and technology. Breaking down the major labels’ revenues, Midia estimates that Universal Music Group generated recorded music revenues of $8.2 billion in 2021, giving it a market share of just under 29%.. Midia estimates that Sony Music Group (SMG) was the fastest growing major for the second successive year. According to Midia, SMG increased its …The experience economy isn’t a new phenomenon – business schools were talking about it as far back as the 1990s – but it has taken on a new life in the post-pandemic world. After two years at home, consumers are prioritizing experiences over consumer goods perhaps like never before. And, as the chart below from Rapino’s presentation …Jan 7, 2021 · In 2020, says MRC Data (formerly Nielsen Music), ‘R&B/hip-hop’ claimed a 28.2% share of total album-equivalent consumption. That was up on both 2019 (27.4%) and 2018 (25.6%). Meanwhile, Rock was the second most popular genre in the US in 2020, both across all formats, and across on-demand streaming platforms. (BMG has since confirmed that, while keeping digital distribution in-house, it’s inked a deal with Universal Music Group to handle its physical distribution business. 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