2024 Music business worldwide - 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

 
Jan 31, 2024 · Multi-award-winning producer and artist Metro Boomin today responded to a tweet which says – itself posted in reaction to the UMG news – that “just like that the TikTok era of music is over”. Metro Boomin, real name Leland Wayne, quote-tweeted said words with a gif that reads: “It’s about damn time.” Music Business Worldwide . Music business worldwide

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 WorldwideVariety 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 WorldwideMBW 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 …Make yours sing. 1. Always on the money. When lots of your cash has to travel around the world, it can be difficult to manage. But thanks to Centtrip’s …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 ... 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 revealed shortly before the end of 2023 that SoundCloud was on course to post its first ever EBITDA-profitable year.. In mid-December, the firm’s internal guidance showed that was projecting annual revenues of EUR €288 million (USD $310m) for calendar/fiscal 2023, up 7.5% YoY or 9% YoY at constant currency (USD).. SoundCloud …Mar 16, 2024, 5:41 AM PDT. Shigeichi Negishi, the inventor of the first karaoke machine, has died. He was 100. Getty. Shigeichi Negishi invented the first …Muse Group’s new backer, Francisco Partners, reports to have invested in more than 400 technology companies. In addition to Native Instruments and Kobalt Music Group, Francisco Partners has also previously invested in ticketing tech platform Eventbrite.. According to a press release, the new combined …Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking …Jun 27, 2019 · Apple has also confirmed that Beats 1, Apple Music’s in-house ‘radio’ station, now has “tens of millions of listeners”. The last update we had on Apple’s subs came from the Financial Times in December, which reported that the platform had 56m subscribers, including its free trialists. Music Business Worldwide. News United Kingdom BBC 6 Music Steve Lamacq. Related Posts. BBC Radio 1 has lost 2m listeners in 5 years… as 6 Music keeps growing. Latest Music Business Jobs. London, United Kingdom [Integral] – Repertoire Operations Assistant (UK) London, United Kingdom BelieveMusic Business Worldwide. News United Kingdom BBC 6 Music Steve Lamacq. Related Posts. BBC Radio 1 has lost 2m listeners in 5 years… as 6 Music keeps growing. Latest Music Business Jobs. London, United Kingdom [Integral] – Repertoire Operations Assistant (UK) London, United Kingdom BelieveIn that op/ed, Mercuriadis noted: “The recorded music side of the business today is getting 4/5ths of the revenue, operating on an 80% gross margin and a 40% net margin – and in most cases record companies own catalogue music masters in perpetuity. Very few famous artists own their masters.The global music market was worth $26bn in 2021. 22 March 2022. By Mark Savage,BBC Music Correspondent. Getty Images. BTS were the biggest …Jan 31, 2024 · Multi-award-winning producer and artist Metro Boomin today responded to a tweet which says – itself posted in reaction to the UMG news – that “just like that the TikTok era of music is over”. Metro Boomin, real name Leland Wayne, quote-tweeted said words with a gif that reads: “It’s about damn time.” Music Business Worldwide 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.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 …Music Business News: United States. Analysis. Hipgnosis Songs Fund’s assets are now valued at $690 million less than they were before. Blackstone must be licking its lips. JP Morgan analyst says the likelihood of a Blackstone takeover just increased, thanks to Shot Tower's re-valuation of HSF. News.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 (MBW) is a free, in-depth news, insight and analysis platform for the international music industry. As a UK-based site with a global …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. Following last week’s …Listen to podcasts on the latest topics and trends in the global music business, from streaming to AI, from catalogs to superfans. Interviews with …Jul 3, 2023 · But I am hopeful that this new information will be the encouragement that the industry needs to get pricing where it should be.” News of Apple Music and Amazon Music’s lack of subscriber churn after increasing their subscription prices comes amidst growing calls for the world’s largest subscription service, Spotify, to increase its own ... 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 ... Sony Music, hampered by a steep decline in physical sales (down by $261m year-on-year) in a transitional year, saw its total recorded music revenues grow by a smaller margin, up 1.7% to $3.92bn. Warner’s recorded music revenues grew by 11.8% annually, with revenues across all formats and recorded music activities hitting $3.5bn in 2018.17 hours ago · Barbat-Layani asserted that, by attempting to “waive” the board approval condition after Warner Music Group had privately made known an expression of interest in potentially bidding for Believe at a particular price (€17-per-share or above), “the [Ladegaillerie] consortium, which was aware of this nonpublic information, granted itself a ... 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.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 …LONDON — Tired of inflated ticket prices, recording artist Yungblud is launching his own affordable music festival. Bludfest takes place on Aug. 11 in …Music Business Worldwide. News United States Spotify The MLC. 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.Music Business Worldwide. News United States TikTok UMG. Related Posts. From Universal’s TikTok takedowns to Deezer’s 26m deleted tracks… it’s MBW’s Weekly Round-Up. TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours …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. …Music Business Worldwide. Analysis United States MBW Views. Related Posts. Soundful founder and CEO Diaa El All: ‘There is a way to create disruptive technological advances in AI while keeping the integrity of artists’ rights at the forefront.’ ...Reliving the Taylor Swift catalog sale saga (and following the money…) Taylor Swift pictured at the American Music Awards in October 2018. She collected Album Of The Year at the ceremony for Reputation – the last LP she recorded for Big Machine. MBW uncovers exclusive new facts about the buying and selling of the catalog of the …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 … 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. There are 100,000 Halo composition royalty shares being offered with a Market Cap of $1.451 million and an estimated Royalty Share yield of 3.45%. The listing notes that the song has a two-Year Average Revenue of $51,134.76. Meanwhile, if you wanted to buy royalty shares in the master recording of Lean On, the hit single recorded …Music Business Worldwide. News United States Spotify The MLC. 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.South African music industry veteran Chris Ghelakis dies, aged 70. Ghelakis founded Electromode in 2001, which was acquired in 2021 by Universal-owned Ingrooves (now Virgin Music Group) Interviews. Key Songs in the Life of…. Denzyl Feigelson. The founder of Platoon (and AWAL, and a key architect of Graceland), Denzyl Feigelson, maps out his ...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 …Music Business Worldwide. News United States Andy Apple Sterling Partners The B-Side We Are Giant. Latest Music Business Jobs. London, United Kingdom [Integral] – Repertoire Operations Assistant (UK) London, United Kingdom Believe Believe – Marketing Coordinator (UK)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 …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 WorldwideMusic 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 …Paid subscriptions to music streaming services exceeded 500 million globally for the first time, with more than 667 million users of such accounts, the …Apr 17, 2023 · The track, heart on my sleeve, credited to the ‘artist’ ghostwriter, has racked up more than 230,000 plays on YouTube, and more than 625,000 plays on Spotify. In addition to AI-replicated vocals of Drake, the track – a seemingly original composition – also features AI-replicated vocals of The Weeknd’s voice. There are 100,000 Halo composition royalty shares being offered with a Market Cap of $1.451 million and an estimated Royalty Share yield of 3.45%. The listing notes that the song has a two-Year Average Revenue of $51,134.76. Meanwhile, if you wanted to buy royalty shares in the master recording of Lean On, the hit single recorded …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 …Music Business Worldwide. News United States Andy Apple Sterling Partners The B-Side We Are Giant. Latest Music Business Jobs. London, United Kingdom [Integral] – Repertoire Operations Assistant (UK) London, United Kingdom Believe Believe – Marketing Coordinator (UK)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 …Mar 16, 2024, 5:41 AM PDT. Shigeichi Negishi, the inventor of the first karaoke machine, has died. He was 100. Getty. Shigeichi Negishi invented the first …In that op/ed, Mercuriadis noted: “The recorded music side of the business today is getting 4/5ths of the revenue, operating on an 80% gross margin and a 40% net margin – and in most cases record companies own catalogue music masters in perpetuity. Very few famous artists own their masters.Music Business News: United States. Analysis. Hipgnosis Songs Fund’s assets are now valued at $690 million less than they were before. Blackstone must be licking its lips. JP Morgan analyst says the likelihood of a Blackstone takeover just increased, thanks to Shot Tower's re-valuation of HSF. News.Jun 27, 2019 · Apple has also confirmed that Beats 1, Apple Music’s in-house ‘radio’ station, now has “tens of millions of listeners”. The last update we had on Apple’s subs came from the Financial Times in December, which reported that the platform had 56m subscribers, including its free trialists. 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 …Music Business Worldwide. Latest Music Business Jobs. Los Angeles, United States WARNER MUSIC GROUP Warner Music Group – Director, Creative Services (US) London, United Kingdom THE ORCHARD The Orchard – Classical Sales & Label Director 12 Month FTC (UK) Los Angeles, United States SONY MUSICVariety 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 maximise their income and reduce their touring costs. It was a big week for stats …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 … 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 ... 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 …Sony 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 …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 …Jan 31, 2024 · Multi-award-winning producer and artist Metro Boomin today responded to a tweet which says – itself posted in reaction to the UMG news – that “just like that the TikTok era of music is over”. Metro Boomin, real name Leland Wayne, quote-tweeted said words with a gif that reads: “It’s about damn time.” Music Business Worldwide In that op/ed, Mercuriadis noted: “The recorded music side of the business today is getting 4/5ths of the revenue, operating on an 80% gross margin and a 40% net margin – and in most cases record companies own catalogue music masters in perpetuity. Very few famous artists own their masters. 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. Tennessee's music industry supports more than 61,617 jobs across the state, contributes $5.8 billion to gross domestic product, and fills over 4,500 …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 ...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, …Music Business Worldwide, London, United Kingdom. 56,554 likes · 75 talking about this. Music Business Worldwide (MBW) is the leading information and...In that op/ed, Mercuriadis noted: “The recorded music side of the business today is getting 4/5ths of the revenue, operating on an 80% gross margin and a 40% net margin – and in most cases record companies own catalogue music masters in perpetuity. Very few famous artists own their masters.The past few days have seen a fair bit of consolidation in the global live entertainment business. On Monday (September 13), we learned that live events giant Live Nation Entertainment has struck a deal to buy a majority (51%) stake in Mexico-based concert promoter OCESA Entretenimiento for nearly $450 million. …Music Business Worldwide: Meet the organization that’s distributed over $250m in mechanical royalties to rightsholders this year | Mechanical …Jan 23, 2024 · India could become the world’s largest music streaming territory by volume this year. Watch this space! Meanwhile, in the US, Luminate reports that in 2023, the streaming share of English-language content amongst the Top 10,000 streaming tracks in the market (on-demand streams inclusive of both audio and video) decreased by 3.8% since 2021. Music Business Worldwide. News Singapore BandLab. Related Posts. Music-making platform BandLab surpasses 100 million users. This d4vd track recorded on BandLab’s free app just surpassed 1 billion streams on Spotify. Music-making platform BandLab launches sync licensing program for its 60m+ registered users.MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry. Stat Of the Week is supported by Cinq Music Group, a technology-driven record label, distribution, and rights management company.. Global recorded music revenues grew 9% YoY in …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, …Music Business Worldwide. News United States Spotify The MLC. 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.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 …California auto museum, 1899 golf, Nelson jameson inc, Jackie robinson ymca, Windy knoll, Doyle, Surfing goat dairy maui, Escoffier culinary school, Montecillo, Club congress tucson, Townsend ford, Orlando executive airport, White point beach canada, Grand hotel mackinac island michigan

Muse Group’s new backer, Francisco Partners, reports to have invested in more than 400 technology companies. In addition to Native Instruments and Kobalt Music Group, Francisco Partners has also previously invested in ticketing tech platform Eventbrite.. According to a press release, the new combined …. Great parks

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MBW covers the latest trends and developments in the global music industry, from streaming to songwriting, from markets to mergers. Read interviews, news, …Rolling Stone ‘s parent company Penske Media Corporation announced on Monday a strategic investment in Music Business Worldwide — …Mike O’Neill President & CEO BMI Music Business Worldwide. Analysis United States BMI MBW Explains performance rights organizations private equity. Related Posts. TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours of songs.LONDON (AP) — Tired of inflated ticket prices, recording artist Yungblud is launching his own affordable music festival. Bludfest takes place on Aug. 11 in …SoundCloud: ‘Fans’ vs. ‘Creators’ business. In 2021, SoundCloud divided its business into two simple categories: (i) Fans – covering ad sales monetization of music streaming, plus payments from listeners who subscribe to SoundCloud’s paid-for subscription streaming offering; and (ii) Creators – …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 …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, …Oct 24, 2023 · 3) Introducing a minimum length of time that non-music ‘noise’ tracks must reach in order to generate royalties. This one is clever. Today, as had been seen in a number of notable cases, makers of ‘non-music noise content’ (e.g. white noise, binaural beats, whale-song etc.) get paid the same as every other creator of music on Spotify. Music Business Worldwide, London, United Kingdom. 56,554 likes · 75 talking about this. Music Business Worldwide (MBW) is the leading information and...Global recorded music industry revenues topped $20bn last year – but streaming growth slowed. 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 ...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 …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 …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. Music Business Worldwide. News United States Andy Apple Sterling Partners The B-Side We Are Giant. Latest Music Business Jobs. London, United Kingdom [Integral] – Repertoire Operations Assistant (UK) London, United Kingdom Believe Believe – Marketing Coordinator (UK)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 …Founded in 2021, HarbourView Equity Partners has acquired over 45 music catalogs to date and owns a catalog of over 26,000 songs, encompassing both master recordings and publishing income streams.. Now, the company, led by former Tempo Music CEO Sherrese Clarke Soares, has amended its senior secured credit facility, led by Fifth …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. In September 2020, Songtradr invested $1m in music credit resource Jaxsta, inks exclusive partnership. With teams in 16 countries worldwide, Songtradr says it has grown from being a music tech product for independent artists to a “multi-disciplined, end-to-end solution for music buyers, brands and rights holders”. Music Business Worldwide4 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 ... Application deadline: April 20, 2024. Music Business Jobs Elevate Talent. 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.Today’s entertainment market is increasingly global. The music industry risks hampering its future potential by thinking too local, too often. Music Business …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.Jun 27, 2019 · Apple has also confirmed that Beats 1, Apple Music’s in-house ‘radio’ station, now has “tens of millions of listeners”. The last update we had on Apple’s subs came from the Financial Times in December, which reported that the platform had 56m subscribers, including its free trialists. 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 …Music Business Worldwide. Analysis News United States Sweden Stat Of The Week. Related Posts. This d4vd track recorded on BandLab’s free app just surpassed 1 billion streams on Spotify. Over 38% of music on TikTok is ‘modified’, says study that analyzed 100 million audio tracks on the platform. The music industry risks hampering its future potential by thinking too local, too often. Music Business Worldwide (MBW) is a free and in-depth news, jobs and insight platform for the music ... 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 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 …Multi-award-winning producer and artist Metro Boomin today responded to a tweet which says – itself posted in reaction to the UMG news – that “just like that the TikTok era of music is over”. Metro Boomin, real name Leland Wayne, quote-tweeted said words with a gif that reads: “It’s about damn time.” Music Business WorldwideAs 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 (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. The “Misogyny in Music” report, released on Tuesday (January 30) by the Women and Equalities Committee, describes “a ‘boys’ club’ where sexual harassment and abuse is common, and the non-reporting of such incidents is high. Victims who do speak out struggle to be believed or may find their career ends as a consequence.” Despite a …Application deadline: April 20, 2024. Music Business Jobs Elevate Talent. 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.Music Business Worldwide. News United Kingdom BBC 6 Music Steve Lamacq. Related Posts. BBC Radio 1 has lost 2m listeners in 5 years… as 6 Music keeps growing. Latest Music Business Jobs. London, United Kingdom [Integral] – Repertoire Operations Assistant (UK) London, United Kingdom BelieveMusic 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.2 days ago · Symphonic Distribution, a music distributor and technology provider, has announced the launch of its third annual Women Empowered+ mentorship program, aiming to bridge the gender gap in the music industry by connecting aspiring female music industry professionals with established executives for half a year of guidance and support. 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 …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 …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 …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 …Nov 21, 2023 · Music Business Worldwide broke the news last month that major changes were coming to Spotify‘s royalty model in Q1 2024. Now Spotify has confirmed precisely what those changes are. The music streaming company has published a new blog post on Spotify for Artists introducing what it calls “new policies to better support those most dependent ... 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 …LONDON — Tired of inflated ticket prices, recording artist Yungblud is launching his own affordable music festival. Bludfest takes place on Aug. 11 in …Music Business Worldwide. Analysis News United States Sweden Stat Of The Week. Related Posts. This d4vd track recorded on BandLab’s free app just surpassed 1 billion streams on Spotify. Over 38% of music on TikTok is ‘modified’, says study that analyzed 100 million audio tracks on the platform.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.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 ... Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking …In another case, Sony Music and Warner Music Group are seeking $1.6 billion. Another closely-watched case was filed by the major recording …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 …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.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 …Music Business Worldwide. News United Kingdom BBC 6 Music Steve Lamacq. Related Posts. BBC Radio 1 has lost 2m listeners in 5 years… as 6 Music keeps growing. Latest Music Business Jobs. London, United Kingdom [Integral] – Repertoire Operations Assistant (UK) London, United Kingdom BelieveRomania’s Global Records is an independent heavyweight. Founded in 2008 by Lucian Ștefan, the Bucharest-headquartered music company reports to have generated 11 billion streams to date, and boasts a catalog of over 1,000 recordings and more than 1,100 songs.. Global has good reason for claiming to …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 …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 …Jan 10, 2024 · Of those 1.1 billion album-sale-equivalent (TAC) units in the US in 2023, 796.8 million, or 72.6%, were registered by ‘Catalog music’.. This means that ‘Current’ Music’s share of Total Album Consumption in the United States in 2023 was 27.4%, or 300.4 million TAC units. 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…. 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. Sadly, for 2023, such a comparison has been rendered impossible – because BMI’s 26-page latest annual report doesn’t include any headline revenue data. BMI has chosen to omit these figures following its announcement, a year ago this month, to switch to a for-profit business model.. There are, however, other very important numbers included …The “Misogyny in Music” report, released on Tuesday (January 30) by the Women and Equalities Committee, describes “a ‘boys’ club’ where sexual harassment and abuse is common, and the non-reporting of such incidents is high. Victims who do speak out struggle to be believed or may find their career ends as a consequence.” Despite a …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 …Amazon launched its Fire cell phone in 2014, but was unable to sustain its business profitably and abandoned it the following year; Microsoft abandoned …In that op/ed, Mercuriadis noted: “The recorded music side of the business today is getting 4/5ths of the revenue, operating on an 80% gross margin and a 40% net margin – and in most cases record companies own catalogue music masters in perpetuity. Very few famous artists own their masters.“Welcome to the first year of tomorrow’s music business”. Music Business Worldwide. Analysis News United Kingdom United States MiDIA. …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 ... 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.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 is the leading information service for the global music industry, covering news, analysis, awards, magazine and jobs. Read testimonials from top executives who subscribe to MBW for its …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. Jun 27, 2019 · Apple has also confirmed that Beats 1, Apple Music’s in-house ‘radio’ station, now has “tens of millions of listeners”. The last update we had on Apple’s subs came from the Financial Times in December, which reported that the platform had 56m subscribers, including its free trialists. Music Business Worldwide. News United States TikTok UMG. Related Posts. From Universal’s TikTok takedowns to Deezer’s 26m deleted tracks… it’s MBW’s Weekly Round-Up. TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours …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 WorldwideVariety 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 WorldwideMBW 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 …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 Nov 5, 2023 · Spotify is changing its royalty payment system from 2024, requiring tracks to reach 1,000 plays before they start earning money. Find out how this will affect artists and labels, and what Spotify says about the new threshold. 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