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Universal Music Group now valued at $42bn... and a major labels selling frenzy could be around the corner
During 2018, UMG, commercially speaking, ruled the blockbuster music charts of 2018. Eight of the year’s top 10 most popular artists (across all…
Art. 13: musicians, songwriters, managers and producers answer to rightsholders
On February 8th, music-industry bodies the IFPI, Impala and ICMP published a letter asking for the European copyright directive to be scrapped…
Article 13: are rightsholders throwing in the towel?
The process of the new European copyright directive, including its Article 13 section, took its latest twist on February 7th, when a group of…
Billboard shares its 2019 Power List of industry executives
Music industry publication "Billboard" just published its annual "Power List"; the list has been refocused on "core music-industry companies" (which…
Spotify reaches 96m paying subscribers in 2018 and shares its first ever operating profit
Streaming coloss Spotify announced it closed 2018 with 96m paying subscribers around the world (that's to say up by 25m year-on-year).In Q4 alone…
Spotify to buy podcasting company Gimlet Media
Streaming coloss Spotify is negotiating to buy a significant podcasting production company: New York-based Gimlet Media, which was founded in 2014…
Apple Music reaches 50m subscribers
Apple Music has 50 million subscribers - that is to say 50 million persons actually paying for a subscription. CEO Tim Cook told analysts in Apple’s…
Pledgemusic issues statement about late payments to artists
Direct-to-fan platform PledgeMusic released a statement on January 24th accepting responsibility for late payments to “many artists” over the past…
Universal’s Bravado buys Epic Rights
Bravado - Universal Music Group’s merchandising arm - acquired its Los Angeles-based competitor, Epic Rights, for an undisclosed sum. Among Epic…
European music promoters team-up to stop ticket scalping
Europe’s leading live music professionals have joined forces to form a new organisation: the Face-value European Alliance for Ticketing (FEAT), to…
Article 13: music rightsholders call for urgent changes
On September, 12th 2018 the European Parliament voted (by 438 votes to 226) to pass the Article 13 section of the proposed new European Copyright…
Deezer launches Radio By Deezer free app
Deezer, out of the blue, just launched a brand new app called Radio By Deezer. It’s free, initially available for Android smartphones only, and it's…
Punk Bible "Maximum Rocknroll" will cease to exist as a monthly print fanzine
The legendary San Francisco-based monthly punk fanzine "Maximum Rocknroll" - that’s been around since 1982 and published over 400 issues - announced…
Rumours: Liberty Media could acquire talent agency CAA
According to the "Financial Times", Liberty Media is trying to acquire a stake in CAA, the agency representing the live careers of artists ranging…
Sony introduces its new 360 Reality Audio format at CES
Sony Corporation, during its keynote at the CES technology show in Las Vegas introduced “an all new music experience called ‘360 Reality Audio’ that…
Spotify opens Discover Weekly playlist up to brand sponsorship
Streaming giant Spotify just launched the sponsoring of its Discover Weekly algo-personalised playlist. The company explained: For the first time…
Deezer ended 2018 with seven million paying subscribers
Music-streaming service Deezer in 2018 reached seven million subscribers - which is to say, half of its 14 million monthly active users. The seven…
Ed Sheeran sued in the US for plagiarism of Marvin Gaye's "Let's Get It On"
British star Ed Sheeran is being sued by the estate of the late Ed Townsend, the producer who co-wrote "Let’s Get It On" with Marvin Gaye. Sheeran…
Spotify: 70% of Queen’s listeners are aged under 35
Streaming giant Spotify unveiled some figures about the audience on its service for Queen, following the rock band’s recent biopic-fuelled spike in…
BuzzAngle's year-end report reveals double-digit growth in US music consumption
Research firm BuzzAngle published its 2018 Year-End Report focused on music consumption in the US. The figures talk about a strong growth…