Music Business News: North America

Former XL Recordings A&R head Imran Ahmed teams with AWAL for new label, In Real Life

The multi-faceted deal includes publishing for rising electronica artist Peggy Gou

Eventbrite shares tumble as operating loss grows to $10.1m in Q1 2019

Share price is currently at lowest point since stock market debut

TuneCore is now collecting nearly $1m a day for its independent artists – who just earned over $500m within a year-and-a-half

Company says that it earned over $300m for its artists in 2018 alone

Classical music streaming platform Primephonic adds offline listening for US users

Platform hits 150,000 downloads 8 months after launch

Universal is becoming more global – but, like the record industry, it’s actually becoming more American too

How the United States has increased its financial power in the global record industry in the past few years

iHeartMedia completes restructuring process, cuts debt to $5.8bn

Separation of Clear Channel Outdoor Holdings also completed

ASCAP distributions increase 10% to hit record $1.1bn in 2018

Distributions increased by $102m

Kobalt signs singer-songwriter Natti Natasha

Deal includes publishing, administration, creative services and sync