Music Modernization Act: Labels and Publishers Back NMPA’s Bid to Run New Mechanical Rights Society
The United States is about to get an important new collection society, which is expected to oversee hundreds of millions of dollars in royalty payments each year. When President Donald
Done Deal: SiriusXM Completes $3.5bn Acquisition of Pandora
It’s a done deal. Sirius XM Holdings Inc. has confirmed today (February 1) that it has completed its $3.5bn all-stock acquisition of Pandora Media. With the transaction complete, SiriusXM says
Campaign for Producer and Engineering Inclusion Launches in US
This time last year, the US Recording Academy was facing strong (and deserved) criticism for poorly-worded comments by its boss Neil Portnow about how women needed to “step up” in
English-Language Music is Losing its Stranglehold on Global Pop Charts – and YouTube is Driving the Change
On Friday, July 10, 2015, the worldwide music business broadly agreed on something. Having consulted on behalf of 1,300 record labels, worldwide trade body IFPI launched Global Release Day (GRD),
TikTok is testing advertisements in the UK and US
Social-video app TikTok is finally ready to turn on some monetisation features, in the form of in-app advertisements and branded content. Digiday has the story: it spotted an adfor food-delivery app
British music industry to send trade-mission to China
China is already a top-10 recorded-music market according to the IFPI, with western labels and artists alike keen to understand how they can reach audiences and generate income there. British
SONY MUSIC STREAMING REVENUES TOPPED $2BN IN 2018, AS TOTAL SALES HIT $3.9BN
Sony’s global recorded music operation generated $3.92bn in revenue in the last calendar year – with streaming claiming over 50% of this sum. According to new financial figures posted by Sony