Analysis News ‘Signs of crisis’: Coronavirus now expected to halt Italy’s recorded music growth in 2020 "The current situation will probably hit the physical market very hard, and we hope streaming can remain at least flat for the next few months."
Analysis News BMG revenues climbed 10% to $674m in 2019… with a 23% profit margin Company's revenues have grown more than 60% since 2015
Analysis News Confirmed: Music streaming WAS down last week amid Coronavirus quarantine… but not on YouTube MBW takes a look at streaming across the globe, the US, Italy and the UK
News Emergency Coronavirus fund for songwriters worth up to $43m launched by GEMA in Germany The €40m aid fund will be provided by GEMA in a two-stage program, PRO confirms
News The Weeknd enjoys major debut on Spotify with new album, racking up over 59m chart streams in a day Drake's Scorpion remains the record-holder for day one global streams with more than 132m
News Paradigm set to lay off over 100 staff – more than a seventh of its workforce – as Coronavirus live music lockdown hurts agencies Paradigm CEO Sam Gores hopes redundancies will be "temporary"
News Songtradr sacrifices fees, giving 100% of sync money to artists, for a full month, in response to COVID-19 woes "Artists have supported us through our journey. Now it’s time for us to step up and support them in a big way."
News SoundCloud slashes SoundCloud Pro Unlimited price, partners with Twitch to help creators during Coronavirus live show shutdown "We are all facing an unprecedented situation."
News Confirmed: The Weeknd’s After Hours surpassed a million pre-adds on Apple Music ahead of release "Let the music heal us during these dark times."
News The Weeknd smashes Apple Music record, heading towards 1m global pre-adds of new album After Hours already has 975,000 pre-adds – Apple's digital equivalent of traditional pre-orders
News Live Nation shares bounce back as Liberty Media pays off $130m company loan News appears to have been interpreted positively by the markets
Analysis News Yes, global Spotify chart streams are down this week. No, that doesn’t mean Coronavirus is hurting the record industry. Worldwide streams in Spotify's Top 200 have fallen 11%. But that's no reason for labels to worry...
Analysis News Screw you, Coronavirus. At least music’s streaming business is still booming. How are music streaming services faring in a COVID-19-hit world?
News Live Nation share price plummets 13% after Glastonbury and Eurovision Coronavirus cancellations (UPDATE) Firm's market cap has fallen by over two-thirds in a month
News Coronavirus clobbers music retail, as Amazon halts trade orders of CD and vinyl FNAC shuts down physical stores in France, as Germany begins "far-reaching" measures