According to a Financial Times report (paywall) Vevo, the web-equivalent of vintage MTV, upped revenues by 30% in 2017, as the ebbs of big-budget music videos have finally start flowin’ again. “The Veve” reportedly broke even in 2017 making close to $650m — a $250m spike from 2016, with their videos topping 25B monthly views….

Once again, yearly vinyl album sales have hit another Nielsen Music-era record high, as the configuration sold 14.32 million (up 9 percent) in 2017. That’s up from the previous one-year high, registered in 2016 with 13.1 million. Nielsen Music’s 2017 tracking year ran from Dec. 30, 2016 through Dec. 28, 2017. Numbers in this story…

Pop-rock group Walk the Moon may soon have reason to celebrate every time a flash mob posts a routine set to “Shut Up and Dance” on Facebook: The social media giant will finally start paying for music. On Dec. 21, 2017, the company announced a multiyear licensing deal with Universal Music Group, allowing users to…

Kendrick Lamar performs onstage at Rihanna’s 3rd Annual Diamond Ball Benefiting The Clara Lionel Foundation at Cipriani Wall Street on Sept. 14, 2017 in New York City. R&B/hip-hop music was the year’s biggest genre, accounting for 24.5 percent of all music consumed. According to Nielsen Music, total music consumption in the U.S. in 2017 climbed…

This is just the latest legal action facing Spotify, which declined comment on the lawsuit. Earlier this year, Spotify settled a class action lawsuit for $43.4 million and a separate lawsuit with the National Music Publishers Association for $30 million. A company representing thousands of songwriters including Tom Petty, Neil Young and Steely Dan has…