Month: August 2015

Warner: We’ll Share Sirius XM Payout With Artists Vis Soundexchange

Warner Music Group has pledged to share its portion of a recent $210m Sirius XM settlement with its artists, paid via SoundExchange. The news quashes the possibility that the money would go straight to the major’s bottom line. The money is due to be paid to major labels plus ABKCO – the owner of classic Rolling Stones copyrights…


How To Ignore Youtube Completely: One Direction’s Radical Gamble

The record industry and YouTube are falling out. For a decade, the Google-owned video giant has been a habitual first port of call for artist campaigns. But over the past year, major labels appear to have woken up to a crucial fact: when fans are listening on YouTube, they’re not listening on other services… and…


Jimmy Iovine On Apple Music, Taylor Swift, Jay Z, Zane Lowe, Napster

  In a new interview, Apple Music executive Jimmy Iovineshares stories about tempting Zane Lowe to leave the BBC, facing the wrath of Taylor Swift, Jay Z and the inner workings of Apple Music.  Here are the highlights:…


Beastie Boys, Katy Perry, Don Henley Among Stars, Plans and Priorities Presented at Capitol Congress

Taking a cue from television networks, who’ve hosted elaborate “Upfronts” to potential advertisers for decades, and Apple, whose annual conferences draw fan-like cheers from staffers, partners and gawkers alike, Capitol Music Group held its third Capitol Congress on Aug. 5, inviting employees and industry insiders to a presentation of recent successes and near-future plans….


Dr. Dre Donating New Album Royalties to Fund Arts Center in Compton

Dr. Dre has announced that he will be donating all of his artist royalties earned from Compton, the pioneering gangsta rapper-producer’s long-awaited new album, to help fund a new performing arts and entertainment facility in Compton. The news was announced today on Beats 1 radio DJ Zane Lowe’s program….


Led Zeppelin Heading Back to the Top 10, Again

Led Zeppelin’s album reissue series continues to produce chart success. Its latest batch of reissues, for the albums Presence, In Through the Out Door and Coda, are all heading for a possible return to the top 10 on the Billboard 200 next week (on the chart dated Aug. 22). The three albums were originally released in 1976, 1979 and…


The Music Industry’s Sleeping Giant

Whether or not streaming is profitable for artists,it has made the process of getting music from its source to its audience remarkably streamlined over the past few years. This is less true where live performance is concerned, however, and the process of putting on a show remains convoluted and inefficient….


Social Media Analytics For Musicians

Social media is one of a musician’s best tools when it comes to reaching their fanbase, but it can also be the most frustrating aspect of an artist’s career. You can spend a lot of time posting only to have your posts only reach a small fraction of your followers on Facebook or receive no…


Warner Music Group Quarterly Earnings: CEO Says ‘Business Looks Like It’s Stabilizing’

Favorable market trends are helping Warner Music Group right the ship, CEO Stephen Cooper said during Thursday morning’s earnings call for the quarter ended June 30. With growth in streaming and slowing declines in download and physical revenues, “the business looks like it’s stabilizing,” he said….


Viacom Misses Quarterly Revenue Mark, Citing Declining Ratings and Ad Revenue

Viacom on Thursday reported lower fiscal third-quarter net earnings as its ratings and advertising revenue declined and its film unit had no new theatrical releases. The entertainment conglomerate, led by president and CEO Philippe Dauman, reported adjusted earnings of $591 million, down 3 percent compared with $611 million in the year-ago period. Revenue fell 10.6 percent…