News iHeartMedia furloughs employees; CEO Bob Pittman gives up $1.5m salary for remainder of 2020 Pittman earns base salary of $1.5m a year, SEC filings show
News Live Nation donates $5m to emergency COVID-19 fund for concert crews – and could donate another $5m Michael Rapino, CEO and President of Live Nation, and his family have personally donated $250,000 to the Crew Nation fund
News Management firm ie:music launches ie:ventures, music-making app Endlesss is first flagship investment Endlesss is a live collaborative music-making app and social network founded by Tim Exile
News Huawei takes on Spotify in Europe, with Music app licensed by Universal, Sony and Warner “We have made Huawei Music free for 3 months for new subscribers in the hope it will bring some joy at this time."
Interviews Denzyl Feigelson: ‘Once you help an artist build a robust business, a lot starts to happen for them.’ Platoon has worked with the likes of Mr Eazi, Rex Orange Country and Billie Eilish. Now, with new owner Apple, it's working with a fresh and exciting crop of artists
News Drake isn’t scared of (releasing new music and making lots of streaming money during) Coronavirus lockdown Everybody, now, “right foot – up, left foot – slide; left foot – up, right foot – slide...”
News How to market your music during Coronavirus lockdown – according to one of the world’s biggest record companies Download Believe's Creative Marketing Playbook right here
Analysis News Kobalt forecasts profitability next year, after firm’s gross collections in FY2019 hit $616m "In our forecasts we see that by end of June 2021, we will be group profitable," says founder Willard Ahdritz
News Standalone Spotify Kids app launches in the US, Canada & France Ad-free app is exclusive to Spotify Premium Family subscribers
News Done deal: Tencent-led consortium completes $3.4bn acquisition of 10% of Universal Music Group "Vivendi is very happy with the arrival of the Tencent-led consortium. It will enable UMG to further develop in the Asian market."
News Michael Jackson estate donates $300,000 sum to COVID-19 relief efforts Broadway Cares, Three Square Food Bank and MusiCares will receive $100,000 each from Estate
Analysis News Global Spotify chart streams rose 3% last week – but fell again in the United States Deezer says there's reason to be hopeful – and we need to wait things out
News Neeta Ragoowansi elected as new President of the Music Managers Forum-US Ragoowansi has been an entertainment attorney for over 28 years
News Lyor Cohen: ‘Artists around the world are finding unique ways to shine light during this dark time.’ YouTube's Global Head of Music Lyor Cohen uses his monthly newsletter to address the Covid-19 crisis.
Analysis Blog What the music industry must do to protect our own ‘at-risk’ population Matthew Smith of Royalty Exchange calls for faster payments – and more generous splits – for artists
News How Universal Music Group is responding to the COVID-19 pandemic "We offering various forms of assistance to help artists, songwriters and independent labels affected by COVID-19 weather these challenging times."
News Sentric Music Group makes Business Affairs and Data Science hires Loren McShane joins as Head of Legal and Business Affairs; Dr. Joe Watson as Data Scientist