According to RIAA midyear data, the US market saw 8.1m people paying a monthly subscription to a premium streaming music service in the first half of 2015. That was up by a worryingly small 2.5% – or 200,000 – from the 7.9m people who shelled out for a premium account in the same period…
Deezer Announces Plans for IPO
Pairs-based streaming service Deezer has announced plans for an initial public offering, to be filed in Paris, that would take the company public by the end of the year….
Record Label Revenue Flat in First Half of 2015
Led by streaming revenues, which accounted for a third of the total, U.S. recorded music revenue was basically flat in the first half of 2015. According to figures released by the RIAA Monday, total revenue was down 0.5 percent to $3.17 billion while wholesale revenues — what distributors and labels actually receive — rose 0.8…
The World’s 10 Top-Grossing Concert Venues and the Execs Who Run Them
The O2 London Rebecca Kane Burton, 40, GM Since early 2012, Kane Burton has run the world’s top-grossing arena ($97.7 million year to date, according to Billboard Boxscore) with “exactly the right team that propels the building forward.” Kane Burton says hiring that crew is her proudest accomplishment of the past year — although sellouts by Paul McCartney,…
German Music Industry Points to Streaming for Recent Growth Spurt
In the first seven months of 2015, the German music market increased six percent compared to the same period last year. The increase is due largely to positive sales and chart performances by domestic German artists, among them Helene Fischer, Sarah Connor, Freiwild, Deichkind, Unheilig and Santiano. …
Kesha Warns Her Career Will Be Over Without Injunction Against Dr. Luke
Some clarity could be coming in the legal battle between pop star Kesha Rose Sebert and songwriter-producer Dr. Luke (Lukasz Gottwald). That’s because on Friday, Kesha pushed for a preliminary injunction, meaning that a New York judge will soon have to make a determination if she is likely to succeed on the merits of a claim that her recording contracts are…
The IPad Pro: A Boon To Musicians
Although Apple’s latest jumbo version of the iPad has been met with a lukewarm reception in many circles, the new plus size device offers several exciting possibilitiesfor musicians involving composing, production, and playing the piano….
Album Sales At Concerts Will Now Count Towards UK Official Chart
It’s long been a bugbear for labels, but now sales of albums at live concerts in the UK will be counted towards the market’s Official Albums Chart….
BMI Launches a Bonus Payment System for Most-Streamed Songs
BMI has just implemented a bonus payment system for the most-played songs at some digital services, which will complement premiums the performance rights organization pays out to the top songs at radio and television….
Arcade Fire Frontman Says Tidal’s Launch Was ‘Poorly Managed,’ Slams ‘Clueless’ Major Labels
Tidal investor Win Butler of Arcade Fire has admitted that the streaming service’s launch was “poorly managed” but lays the blame for the company’s struggles at the feet of “clueless” major labels….
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