Category: Business

SIR LUCIAN GRAINGE: ‘WHEN PEOPLE SAID THE MUSIC INDUSTRY WAS OVER, WE DIDN’T LISTEN.’

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  Grainge became a focal point for those who believed the recorded music industry was in irrevocable trouble when he led the then pricey-looking $1.9bn acquisition of EMI Music in late 2011 – a deal which completed the next year. Universal was eventually forced by European regulators to sell off Parlophone Label Group to Warner,…


How To Get More Followers On Spotify

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  Spotify is one of the most popular music streaming sites there is and it’s a great way to promote your music. So how do you get more people to listen to the playlists you have on there? Here are some tips on how to get more followers for your music: Advertise your music to…


SoundCloud’s Future to Be Determined by a Vote Today

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  After unexpected layoffs, reports of its impending demise due to a lack of funding and the perceived heroics of Chance The Rapper, the fate of SoundCloud will be determined by one vote on Friday (Aug. 11). The folks at Axios reported the news yesterday (Aug. 10). SoundCloud needs new investors in order to survive, and while the streaming service, which…


APPLE IN TALKS OVER $1BN BUYOUT OF MAJOR MOVIE AND MUSIC COMPANY IN INDIA – REPORT

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  The Cupertino giant is reportedly getting closer to a $1bn acquisition of the film and music library of Eros Group. Eros is the largest movie producer in India, counting more than 3,000 films across Bollywood and other productions under its control. The music recordings associated with these movies is housed under subsidiary Eros Music….


SPOTIFY IS SET TO END 2017 WITH 70M SUBSCRIBERS AND $5BN IN REVENUE. BUT HOW MUCH MONEY WILL IT LOSE?

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  Spotify is on course to finish 2017 with 70m paying subscribers and close to 160m total active users, according to MBW’s projections – resulting in around $5bn in annual revenues. Daniel Ek’s company confirmed earlier this week that it had surpassed 60m paying subscribers worldwide, double the size of the 30m Apple Music is believed to currently boast. The…


Eminem’s Manager Paul Rosenberg Named New CEO of Def Jam

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  Paul Rosenberg, Eminem’s longtime manager and business partner and president of Shady Records, has been appointed the new CEO of Def Jam Recordings. Billboard has confirmed the appointment, which will take effect at the beginning of 2018. The news was first reported by HITS. Rosenberg will succeed Def Jam CEO Steve Bartels, who will stay in place until the…


MTV Plans to Bring Music Back With ‘TRL’ Relaunch This Fall

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All things old become new again. In 2008, Total Request Live ended its decade-long run. Nine years later, MTV president Chris McCarthy wants to bring the show back this fall.  TRL‘s comeback will also usher the return of the show’s famous studio which overlooked the middle of Times Square. “If we’re going to come back…


How Can Rappers and Producers Make Sure They Get Paid and Avoid Being Scammed?

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  In recent months, artists across the industry at every level have been embroiled in controversy surrounding payment and compensation—including Chance The Rapper and J.U.S.T.I.C.E League, Chicago rapper Lucki, rapper Smokepurpp, and New Jersey producer Ronny J. In an effort to turn these unfortunate events into a teachable moment, we reached out to two entertainment lawyers—Kamal A. Moo and…


‘THERE ARE 365M PEOPLE IN CHINA WILLING TO PAY FOR ENTERTAINMENT. THE MUSIC MARKET IS ABOUT TO EXPLODE.’

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  The Chinese music business is set to explode. Many executives across the US, UK and Europe look east and rightfully tip the Asian continent as the next great land of opportunity. It’s a perception that is very welcome in Modern Sky’s home territory, especially since China has, until recently, been compared to the wild…


FACEBOOK TAKES ANOTHER BIG STEP TOWARDS THE MUSIC BIZ WITH SOURCE3 BUYOUT

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  The move is being looked on in many quarters as evidence that Facebook wants to shore up the ability of its Rights Manager platform in order to catch copyright infringing videos on its platform. What does that specifically have to do with the music industry? Sometimes, when you want to find clues about why…