Analysis News JP Morgan says Universal’s ‘artist-centric’ model will bring a 9% revenue increase to major labels. No wonder it’s just increased its price target for UMG. Deezer this week revealed it has struck an agreement to start paying UMG's artists via an 'artist centric' model
Analysis News Why Goldman Sachs believes that Spotify will remain the world’s dominant music streaming service in 2030 How much longer can Spotify hold on to its position as the world's biggest music streaming provider in terms of global paid-for subscriptions?
News UMG: ‘Artist-centric’ payments on Deezer can’t exceed 100% of platform’s royalty pool New model will ape streaming's pro-rata model, with a finite pool of royalties divided by market share
News Lin-Manuel Miranda named top artist-songwriter in Q2 2023 on the NMPA Gold & Platinum Program (based on RIAA Certifications) Ashley Gorley claimed the title of the top non-performing songwriter on the NMPA’s Gold & Platinum Program
News Rimas Publishing partners with music metadata firm Muso.AI Partnership sees Muso.AI expand into the Latin music market
News Spotify CEO-backed VC firm Air Street Capital raises $121m to invest in AI startups Daniel Ek has previously invested in the VC via his investment vehicle Prima Materia
News One Media iP acquires ‘licensor’s income share’ of Entertain Me catalog Catalog includes songs by Louis Armstrong and James Brown
News Hipgnosis announced as first category sponsor for the 2023 A&R Awards The countdown to this year's big night has begun
Analysis News On… Deezer nuzzling up to Universal’s ‘artist-centric’ model, a potential mass deletion, and a controversial tweak (update) It's been a big day in the music business – and it's raised a lot of possibilities...
Analysis News Who owns Deezer today? Access Industries is Deezer's biggest shareholder, with ownership of over a third of the company
News SM Entertainment artists including EXO, Red Velvet and aespa to join HYBE’s superfan app Weverse next week SM Entertainment artists will officially be joining Weverse on September 12
News Spotify tests restricting lyrics access to Premium subscribers (report) Music streaming giant Spotify tests making lyrics a premium-only feature
News PRS for Music expands ‘Nexus’ metadata program, with new initiative to link songwriter info to recordings prior to release PRS for Music unveiled its Nexus works metadata portal last year
News Apple acquires 50-year old classical music label BIS Records Deal follows the launch of Apple Music Classical earlier this year
Analysis News Popular artists to get ‘royalty boost’ on Deezer as platform readies ‘artist-centric’ model with Universal Music Group Deezer and UMG announce the launch of what they call the "first comprehensive artist-centric streaming model"
News Multiple criminal gang members confirm they’ve used Spotify for money laundering in bombshell new report in Sweden An explosive new report from Svenska Dagbladet in Sweden focuses on the end purpose of streaming fraud on Spotify for organized criminals: laundering money.
Analysis News France’s recorded music revenues grew 9.4% YoY in H1 – and the entire Top 10 best-selling artists in the market were local acts Industry body SNEP published its H1 recorded music revenue numbers for the market
News Elliot Grainge joins Warner Music Group as 10K Projects strikes JV with WMG Grainge will also join WMG’s global leadership team