News US music streaming revenues grew 30% in 2018 to hit $7.4bn, as subscriptions topped 50m $9.8bn generated at retail, with $6.6bn making its way back to artists and labels in wholesale payments
News Downtown bolsters global finance team with new hires and promotions Dan Bettes has been promoted to Vice President, Finance
Analysis News Universal Music Group is being valued at $42bn – and could ignite a major label sales frenzy The sale of up to 50% of UMG could tempt Sony and Warner to consider their options
News Siri co-founder Tom Gruber’s new music startup LifeScore joins Abbey Road Red tech incubator LifeScore is an adaptive music platform
Analysis Blog ‘Independent’ music continues to be romanticized. But what does it really mean? Matt Brinkworth of Omnian Music Group reflects on the true meaning of 'indie' in 2019
News Sony Music streaming revenues topped $2bn in 2018, as total sales hit $3.9bn Sony's overall annual recorded music revenues in 2018 grew by 1.7%
News Nigeria’s Mavin Records secures multi-million dollar investment from Kupanda Holdings “Our mission is to grow Mavin Global into the music powerhouse of Africa,” says Don Jazzy
Analysis Seven startups Spotify should (try to) buy to better serve artists Merch, hardware, A&R, crowd-funding and more offered by some impressive young companies
News SACEM to create new licensing, international and operations division led by Cécile Rap-Veber The new structure will enhance 'the value [it] can deliver to its members', says SACEM
News Create Music Group now shows daily YouTube, Spotify and Apple Music revenues to its artists Company claims "artists have never seen this before from any distributor"
News The four types of music subscription models in 2019 What music fans are spending money on every month – and how it's going to evolve
Interviews News Article 13: Music industry optimistic that re-drafted text can still crush YouTube ‘Value Gap’ John Phelan, Director General of publishers' global body the ICMP, weighs in on the status of the Copyright Directive
News ‘This is becoming the Fyre Fest of crowdfunding’: Anger grows as PledgeMusic owns up to late payments 'We acknowledge that many artists have and continue to experience payment delays.'
News R. Kelly may have been ‘dropped’ – but he’s still making nice money from streaming The singer/songwriter's reputation is in tatters – but he's still coining it in from his back catalog