Category: Business

Interview: Alex Da Kid

img_6992

  We sat down with Alex Da Kid early January in his flat in Knightsbridge. Alex had just spent Christmas in London, a day before he left for the states he invited Wrap Up to join him for an intimate chat on all things music. The Wrap-Up: As a U.K. producer how hard did you…


Universal Music and MQA Announce Hi-Res Streaming Collaboration

Screen Shot 2017-02-16 at 7.13.06 PM

  Who’s ready for an audio upgrade? Don’t look now, dear fatigued music consumer, but likely coming soon to a music platform near you is a new hi-resolution audio technology that promises better fidelity than all the cold digitally compressed CDs and MP3 hokum the music biz sold us in the 90s and aughts. This…


Facebook makes a play for music

facebook

Facebook is working on a broad licensing arrangement with the music industry that greenlights user-generated videos with songs — and potentially professional music content too, Bloomberg reports. This follows the recent news of Facebook hiring Tamara Hrivnak, a key music executive at YouTube, to lead its global music strategy and business development. Parties on both…


Why Music Ownership Matters

3444954483_95ea34ae5d_b

Imagine no possessions,” John Lennon asked in a famous song. Then wisely added: “I wonder if you can.” I note that Lennon was driving a 19-feet-long Rolls Royce when he composed the song “Imagine.” In fact, he didn’t really drive it; he had a couple of chauffeurs available for that. The former Beatle spent his…


DEF JAM THEN… AND NOW

Screenshot-2017-02-10-at-11.07.36

  After Def Jam Recordings was founded 33 years ago, it changed everything. Primarily, that was down to the artists who helped elevate the cultural status of hip-hop around the world.; from LL Cool J to the Beastie Boys, Slick Rick, Redman, EPMD and Public Enemy. But behind the scenes, an engine room of executive…


Republic President Charlie Walk Explains How a Label’s Role Needs Redefining In the Digital Era

Charlie-Walk-bb4-ftdo-a3ep5f-t-2017-billboard-1548

Not many label executives find themselves trending on social media, but Republic president Charlie Walk has come close on several occasions. There was the time Ariana Grande debuted Nicki Minaj’s rap on “Side to Side,” or when Hailee Steinfeld introduced herself as a recording artist — both through snippets on Walk’s Instagram (112,000 followers). His ability to get…


IF SPOTIFY DELAYS ITS IPO INTO 2018, IT FACES SOME SERIOUS FINANCIAL PAIN

636015184339992485-1040107779_spotify

  Spotify is reportedly mulling over the idea of freezing its plans to float. According to TechCrunch sources, a postponement into 2018 would “give Spotify more time to build up a better balance sheet and work on shifting its business model to improve its margins”. It’s a solid idea in theory… yet one which proposes time is a luxury…


Ways The Music Industry Can Change For The Better

960x0

2016 saw a lot of lawsuits and lobbying in regards to changes in the music industry. Here are a few major issues that need to be resolved in 2017 and beyond to help sustain the music business. Higher rates for streaming and YouTube views The rates creators and rights owners earn from streaming and views…


WHY DID SPRINT PAY $200M FOR TIDAL?

unnamed-1478284075

  Just over a week ago, US telco Sprint purchased a 33% stake in TIDAL for $200 million. The deal valued the Spotify rival at $600m – which raised a few eyebrows, considering TIDAL’s well-reported struggles and the fact Jay Z only bought it for $56m in early 2015. So why was SoftBank-owned Sprint willing to pay such…


SOUNDEXCHANGE PAYOUTS GREW 10% TO A RECORD $884M LAST YEAR

Soundcloud_Logo1

    SoundExchange smashes its record for annual distributions in 2016 – with annual payouts to labels and artists up 10.1% to $883.9m. Speaking to MBW last year, the US organization’s boss Michael Huppe suggested that high single-digit annual growth might be on the cards if it enjoyed a good Q3 and Q4. In fact, SoundExchange’s…