Music business worldwide - Feb 7, 2024 · By Music Business Worldwide This story is going to run and run (well, at least until a deal gets signed). Last week, as if you needed reminding, Universal Music Group announced that it had not reached a deal with TikTok to re-license its catalog on the video service.

 
Music business worldwideMusic business worldwide - The Worldwide Independent Network (WIN), which represents independent music trade associations worldwide, announced five new board members while re-electing its Chair and Treasurer.. The 20-member board, elected annually, comprises independent music company and trade association representatives from various regions. To better …

In addition, all of these roles will be promoted to Music Business Worldwide’s 50k+ email audience via our weekly Jobs Update mailout, which proudly contains “The best new jobs in the music business”. “We have used MBW jobs numerous times to recruit key positions and every time we found the right candidate.” Jim Selby, …Music Business Worldwide, London, United Kingdom. 56,554 likes · 75 talking about this. Music Business Worldwide (MBW) is the leading information and jobs platform for the global music industry. Music Business WorldwideBeyond Music was set up in early 2021 by hit songwriter Park Geun-tae plus Jang-won Lee (CEO), who founded “Mafia Company,” which is claimed to be Asia’s largest digital music score platform. In April 2021, the company completed a financing round worth 65 billion South Korea Won ($51m) from Korean …The past few years have seen a number of deals struck for rights to music by iconic rock artists. In January 2022, for example, Warner Music Group, via its Warner Chappell Music subsidiary, acquired the global music publishing rights to David Bowie’s song catalog for more than $250 million. In December 2021, Bruce Springsteen sold both …A total of 20 DSPs have transferred a combined $424.38 million in accrued historical unmatched royalties to The Mechanical Licensing Collective (MLC) as required in order for them to seek the Music Modernization Act‘s (MMA) limitation on liability for past infringement.. Those DSPs, including Spotify, Apple Music, Amazon, SoundCloud and …The $2.330 billion figure was up 8.3% year-on-year (vs. calendar Q3 2022) at US dollar-converted constant currency.. In monetary terms, Sony’s overall music rights operation (recorded music plus music publishing) generated approximately $177.8 million more in calendar Q3 2023 than in the prior-year …Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly …Jan 23, 2024 · India could become the world’s largest music streaming territory by volume this year. Watch this space! Meanwhile, in the US, Luminate reports that in 2023, the streaming share of English-language content amongst the Top 10,000 streaming tracks in the market (on-demand streams inclusive of both audio and video) decreased by 3.8% since 2021. China broke into the world’s Top 5 recorded music markets in 2022, according to IFPI data, landing at No.5 ahead of France (No.6), South Korea (No.7) and Canada (No.8, see below). China generated USD $1.2 billion for recorded music rightsholders in the year, says IFPI, up 28.4% YoY. Music Business WorldwideThere are 100,000 Halo composition royalty shares being offered with a Market Cap of $1.451 million and an estimated Royalty Share yield of 3.45%. The listing notes that the song has a two-Year Average Revenue of $51,134.76. Meanwhile, if you wanted to buy royalty shares in the master recording of Lean On, the hit single recorded …Oct 24, 2023 · 3) Introducing a minimum length of time that non-music ‘noise’ tracks must reach in order to generate royalties. This one is clever. Today, as had been seen in a number of notable cases, makers of ‘non-music noise content’ (e.g. white noise, binaural beats, whale-song etc.) get paid the same as every other creator of music on Spotify. The global music market was worth $26bn in 2021. 22 March 2022. By Mark Savage,BBC Music Correspondent. Getty Images. BTS were the biggest …Mike O’Neill President & CEO BMI Music Business Worldwide. Analysis United States BMI MBW Explains performance rights organizations private equity. Related Posts. TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours of songs.Music tech startup Turntable LIVE has secured over $7 million in a seed round of funding, which it plans to use to power its new social music platform. The company is targeting a full public launch later this year and says it is currently working with music industry partners to be “fully legal and licensed” for the …There are 100,000 Halo composition royalty shares being offered with a Market Cap of $1.451 million and an estimated Royalty Share yield of 3.45%. The listing notes that the song has a two-Year Average Revenue of $51,134.76. Meanwhile, if you wanted to buy royalty shares in the master recording of Lean On, the hit single recorded …5 days ago · Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking Trends – which dives behind the biggest headlines in the music industry – as well as The MBW Podcast, which sees us interview some of the leading figures in the global business. Rather than pointless infighting, the music business should unite instead and “grow the pie”. That message is palpably different to the ones now being delivered by the labels themselves. From the heads of the majors, there is widespread consensus that the way in which streaming revenues are distributed needs urgent reform.Apr 17, 2023 · The track, heart on my sleeve, credited to the ‘artist’ ghostwriter, has racked up more than 230,000 plays on YouTube, and more than 625,000 plays on Spotify. In addition to AI-replicated vocals of Drake, the track – a seemingly original composition – also features AI-replicated vocals of The Weeknd’s voice. SoundCloud: ‘Fans’ vs. ‘Creators’ business. In 2021, SoundCloud divided its business into two simple categories: (i) Fans – covering ad sales monetization of music streaming, plus payments from listeners who subscribe to SoundCloud’s paid-for subscription streaming offering; and (ii) Creators – …Mike O’Neill President & CEO BMI Music Business Worldwide. Analysis United States BMI MBW Explains performance rights organizations private equity. Related Posts. TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours of songs.Elevate Talent – Tour Director, APAC (APAC) Required: Minimum 3-4 years working experience in the Live Music industry managing “360 degrees” of arena & stadium tours, and experience preferred working in APAC markets. Job type: Live. Location: Asia Pacific. Application deadline: April 20, 2024.Jan 7, 2021 · In 2020, says MRC Data (formerly Nielsen Music), ‘R&B/hip-hop’ claimed a 28.2% share of total album-equivalent consumption. That was up on both 2019 (27.4%) and 2018 (25.6%). Meanwhile, Rock was the second most popular genre in the US in 2020, both across all formats, and across on-demand streaming platforms. MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers …Some in the music industry argue that rightsholders are only licensing TikTok for sub-30-second videos that act as promotion for properly monetized music on the likes of Spotify or Apple Music. Others in the industry argue that the popularity of music on TikTok has been a crucial reason for the platform’s growth …The following MBW column comes from Eamonn Forde (pictured inset), a London-based music industry journalist, and the author of The Final Days of EMI: Selling the Pig. His new book, Leaving The Building: The Lucrative Afterlife of Music Estates, is out now via Omnibus Press. The live music business is badly broken.(BMG has since confirmed that, while keeping digital distribution in-house, it’s inked a deal with Universal Music Group to handle its physical distribution business. Now, Coesfeld is enacting another set of significant changes at BMG, which posted an operating EBITDA of €90 million ($97m) , up 22.6% YoY , in the first six months of 2023.Luminate also reports that Taylor Swift’s music made up 1.79% of the entire US recorded music market when a formula is applied to combine physical and digital sales plus streams into a single metric. (This metric includes Total Albums w/ TEA w/ SEA On-Demand Audio). To put the scale of Taylor Swift’s 1.79% US market share into context, …The “Misogyny in Music” report, released on Tuesday (January 30) by the Women and Equalities Committee, describes “a ‘boys’ club’ where sexual harassment and abuse is common, and the non-reporting of such incidents is high. Victims who do speak out struggle to be believed or may find their career ends as a consequence.” Despite a …“Welcome to the first year of tomorrow’s music business”. Music Business Worldwide. Analysis News United Kingdom United States MiDIA. …Jan 30, 2024 · However, the report did note “encouraging” signs that women are making inroads into the music industry, citing a 2022 report from Music UK showing that the share of women in higher level roles in the industry is growing, with women in senior-level roles rising from 40.5% in 2020 to 45.1% in 2022. Jan 7, 2021 · In 2020, says MRC Data (formerly Nielsen Music), ‘R&B/hip-hop’ claimed a 28.2% share of total album-equivalent consumption. That was up on both 2019 (27.4%) and 2018 (25.6%). Meanwhile, Rock was the second most popular genre in the US in 2020, both across all formats, and across on-demand streaming platforms. The MBW Yearbook: Our annual almanac, The MBW Yearbook, collates some of the finest interviews to appear on the Music Business Worldwide site every 12 months. This coffee table-style book contains the thoughts and wisdom of many of the smartest and most powerful execs working in music – all in one place. Music Business UK: The leading trade ... Obviously, the latter is by far the smaller part of SoundCloud’s business, but it did experience significant growth in 2020 (+156%), which SoundCloud says was the result of both an influx of new Repost subscribers, but also the general growth in royalties pertaining to increases in subscriptions and advertising revenues across music …Nov 5, 2023 · Spotify is changing its royalty payment system from 2024, requiring tracks to reach 1,000 plays before they start earning money. Find out how this will affect artists and labels, and what Spotify says about the new threshold. Read the latest news and analysis from Music Business Worldwide, the leading source of information and insights for the global music industry. MBW Views is a series of op/eds from eminent music industry people… with something to say. The following MBW op/ed comes from Tom Stingemore (pictured), the founder of sync data platform, ALLOY. Stingemore was previously Global President of Sync & Creative at Hipgnosis, and has previously held senior sync roles at Universal Music …Sony Music Masterworks focuses on recording, producing, and promoting primarily non-pop music and live entertainment experiences. It curates film and television soundtracks, managing vast archives including Star Wars, The Phantom of the Opera, and Memoirs of a Geisha. “It is an absolute honor to join …Warp Publishing – Head of Publishing (US) Required: 8+ years experience working in music publishing or other relevant experience within sync, score and A&R, in a role combining creative and business skills. Job type: Production. Location: Los Angeles, Hybrid. Applications for this position have now closed.17 hours ago · Barbat-Layani asserted that, by attempting to “waive” the board approval condition after Warner Music Group had privately made known an expression of interest in potentially bidding for Believe at a particular price (€17-per-share or above), “the [Ladegaillerie] consortium, which was aware of this nonpublic information, granted itself a ... MBW is a news, jobs and insight platform for the global music industry. Follow MBW on LinkedIn to get updates on the latest trends, deals, and events in the music …Music Business Worldwide has been crunching a veritable mountain o’ numbers today (August 9).. That’s because the past 48 hours have seen two major music companies – Warner Music Group (WMG) and Sony Music Group (SMG) – post their calendar Q2 revenue/profitability figures for investors. (Sony did so …Music Business Worldwide, London, United Kingdom. 56,554 likes · 75 talking about this. Music Business Worldwide (MBW) is the leading information and jobs platform for the global music industry. Music Business WorldwideSo, these days, TikTok’s relationship with the music industry is also developing at the speed of light. TikTok’s Global Head of Music Business Development, Ole Obermann, only last sat down with MBW in May, at a time when many people in the business saw the platform as being under pressure from the music industry to get …The company also announced that it partnered with independent distributor DistroKid to allow indie artists to upload their music to Audius.. Audius also teamed up with Ampsuite, the label operations management platform owned by Beatport, to allow labels to distribute their music to Audius. “When we launched Audius four years ago, our mission …Aug 10, 2021 · The major music companies now turn over $2.5m every hour – and will generate more than $20bn between them this year. BTS were the biggest revenue-generating artist for Universal in Q2 - despite releasing most of their music via Sony Music. BTS and Big Hit distribute the band's Japanese-language music via UMG. MBW’s number-crunching tells us ... Mike O’Neill President & CEO BMI Music Business Worldwide. Analysis United States BMI MBW Explains performance rights organizations private equity. Related Posts. TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours of songs.MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …Music Business Jobs is the most effective way for the global music industry to find the best candidates for their open positions. In addition to being seen by over 300,000 monthly unique readers online, our listings are also emailed direct to more than 50,000 professional subscribers every week – across the US, UK, Europe, …Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking Trends – which dives behind the biggest headlines in the music industry – as well as The MBW Podcast, which sees us interview some of the leading figures in the global business.Symphonic Distribution, a music distributor and technology provider, has announced the launch of its third annual Women Empowered+ mentorship program, aiming to bridge the gender gap in the music industry by connecting aspiring female music industry professionals with established executives for half a year of guidance and …MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic collaborations with …The past few days have seen a fair bit of consolidation in the global live entertainment business. On Monday (September 13), we learned that live events giant Live Nation Entertainment has struck a deal to buy a majority (51%) stake in Mexico-based concert promoter OCESA Entretenimiento for nearly $450 million. …South African music industry veteran Chris Ghelakis dies, aged 70. Ghelakis founded Electromode in 2001, which was acquired in 2021 by Universal-owned Ingrooves (now Virgin Music Group) Interviews. Key Songs in the Life of…. Denzyl Feigelson. The founder of Platoon (and AWAL, and a key architect of Graceland), Denzyl Feigelson, maps out his ...XP Music Futures reports that its speakers’ gender split was 46% female to 54% male, and the percentage of regional speakers was 56% versus 44% international. The conference also hosted the XP NITE sessions, with more than 130 artists performing across seven different event stages during the three-day event. Music Business WorldwideJan 7, 2021 · In 2020, says MRC Data (formerly Nielsen Music), ‘R&B/hip-hop’ claimed a 28.2% share of total album-equivalent consumption. That was up on both 2019 (27.4%) and 2018 (25.6%). Meanwhile, Rock was the second most popular genre in the US in 2020, both across all formats, and across on-demand streaming platforms. The company also announced that it partnered with independent distributor DistroKid to allow indie artists to upload their music to Audius.. Audius also teamed up with Ampsuite, the label operations management platform owned by Beatport, to allow labels to distribute their music to Audius. “When we launched Audius four years ago, our mission …Feb 15, 2024 · Stewart’s catalog includes ten No. 1 albums and 31 Top 10 singles in the UK, six of which reached No. 1 plus 17 Top 10 albums, with four reaching No. 1 and 16 Top 10 singles in the U.S. Billboard ranked him as the 15th Greatest Artist of all time (6th among male soloist), he’s also the 13th Greatest Billboard 200 Artist of all time, the 2nd most successful British solo artist of all-time ... The US recorded music industry saw total revenues rise by 9.2% in 2020 to $12.15bn on a retail basis. As previously predicted by MBW , that was up by over $1bn on the $11.13bn the market generated across all formats in 2019. Music Business Worldwide (MBW) is a global music industry news and analysis website launched in 2015 by former Music Week editor Tim Ingham. As of December 2020, it ranked 22,845 in the list of most visited global websites according to Alexa Internet. Music Business Worldwide, London, United Kingdom. 56,554 likes · 75 talking about this. Music Business Worldwide (MBW) is the leading information and...Mike O’Neill President & CEO BMI Music Business Worldwide. Analysis United States BMI MBW Explains performance rights organizations private equity. Related Posts. TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours of songs.The MBW Review is where we aim our microscope towards some of the music biz’s biggest recent goings-on. This time, we drill down into a remarkable set of numbers contained within MRC Data‘s new report on the US music industry in 2021. The MBW Review is supported by Instrumental.. UPDATE: The below …The music industry of 2024 is in a very different state of health than it was a decade ago: global recorded music trade revenues in 2014 were less than half the size that they are today, according to IFPI data.. But what do the next ten years of the global music business hold for the industry? And how can its biggest …Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic …The 16 wealthiest singers in the world - Taylor Swift net worth Being a famous pop star with a string of chart hits is a profitable business - as these …Symphonic Distribution, a music distributor and technology provider, has announced the launch of its third annual Women Empowered+ mentorship program, aiming to bridge the gender gap in the music industry by connecting aspiring female music industry professionals with established executives for half a year of guidance and …Feb 6, 2024 · Music Business Worldwide. The music sync industry is headed for an iceberg. It needs an upgrade. February 6, 2024. By Music Business Worldwide. Analysis United States United Kingdom MBW Views. Sync veteran Tom Stingemore on why his industry is operating inefficiently and needs to change…. In addition, all of these roles will be promoted to Music Business Worldwide’s 50k+ email audience via our weekly Jobs Update mailout, which proudly contains “The best new jobs in the music business”. “We have used MBW jobs numerous times to recruit key positions and every time we found the right candidate.” Jim Selby, …Dot Da Genius on Kid Cudi, Kanye, the possibility of a producers’ strike and why he wants to ‘completely overhaul’ the current music industry business model. Kid Cudi's key creative collaborator discusses his breakthrough, his biggest records, AI and why he's keeping hold of his catalog - for now. The best of MBW, plus the most important ...Music Business Worldwide has been crunching a veritable mountain o’ numbers today (August 9).. That’s because the past 48 hours have seen two major music companies – Warner Music Group (WMG) and Sony Music Group (SMG) – post their calendar Q2 revenue/profitability figures for investors. (Sony did so …Oct 20, 2022 · Cinq Music Group’s repertoire has won Grammy awards, dozens of Gold and Platinum RIAA certifications, and numerous No.1 chart positions on a variety of Billboard charts. Its repertoire includes heavyweights such as Bad Bunny, Janet Jackson, Daddy Yankee, T.I., Sean Kingston, Anuel, and hundreds more. Music Business Worldwide Muse Group’s new backer, Francisco Partners, reports to have invested in more than 400 technology companies. In addition to Native Instruments and Kobalt Music Group, Francisco Partners has also previously invested in ticketing tech platform Eventbrite.. According to a press release, the new combined …Daniel Ek cashes out another $57.5m in Spotify stock, just three months after he banked $64m, and 6 months after he offloaded $100m in shares. Denis Simms takes a long view on how the ‘customisable services’ model, combined with new tech, will affect the industry’s future….Sep 26, 2023 · The UK music industry’s most enjoyable night out is just six weeks away. And now we know who’ll be competing for the top prizes. Taking place on the evening of Tuesday, November 7 , the A&R Awards 2023 will be held in Central London. Jan 10, 2024 · Of those 1.1 billion album-sale-equivalent (TAC) units in the US in 2023, 796.8 million, or 72.6%, were registered by ‘Catalog music’.. This means that ‘Current’ Music’s share of Total Album Consumption in the United States in 2023 was 27.4%, or 300.4 million TAC units. (BMG has since confirmed that, while keeping digital distribution in-house, it’s inked a deal with Universal Music Group to handle its physical distribution business. Now, Coesfeld is enacting another set of significant changes at BMG, which posted an operating EBITDA of €90 million ($97m) , up 22.6% YoY , in the first six months of 2023.Mar 25, 2022 · Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. MBW is the leading information service for the global music industry, covering news, analysis, awards, magazine and jobs. Read testimonials from top executives who subscribe to MBW for its …The Berlin-based exec, who first joined BMG in 2008, was named Chief Content Officer (CCO) of the company in May 2022. Casimir moved up from her previous role as EVP Repertoire & Marketing for EU, APAC & LATAM, with responsibility for repertoire (both publishing and recorded music) in all international territories outside the …PARIS: Global music revenues were up 10.2 percent last year to $28.6 billion, according figures released Thursday, but record firms are concerned over …The US recorded music industry saw total revenues rise by 9.2% in 2020 to $12.15bn on a retail basis. As previously predicted by MBW , that was up by over $1bn on the $11.13bn the market generated across all formats in 2019.Warp Publishing – Head of Publishing (US) Required: 8+ years experience working in music publishing or other relevant experience within sync, score and A&R, in a role combining creative and business skills. Job type: Production. Location: Los Angeles, Hybrid. Applications for this position have now closed.The past few years have seen a number of deals struck for rights to music by iconic rock artists. In January 2022, for example, Warner Music Group, via its Warner Chappell Music subsidiary, acquired the global music publishing rights to David Bowie’s song catalog for more than $250 million. In December 2021, Bruce Springsteen sold both …Sam's club milwaukee, Rossandsimons, Pleasureland st cloud, State of nc treasurer, Interceramic, New york humane society, A plus automobile, Crystal cabinets, 97.3 the river, Parc restaurant detroit, Bonita national golf and country club, Renos pizza, Graham packaging company inc., Walmart houston mo

Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic collaborations with …. Peachtree center

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Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly …Music Business Worldwide. News United States TikTok UMG. Related Posts. From Universal’s TikTok takedowns to Deezer’s 26m deleted tracks… it’s MBW’s Weekly Round-Up. TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours …MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …That ruling centered on an increase in the overall percentage of streaming services’ US revenues that legally have to be paid by the likes of Spotify to songwriters.. The CRB decided to move that percentage figure up from 10.5% to 15.1% across the five years between 2018 and 2022. It was the largest rate increase in the history of the CRB.Music tech startup Turntable LIVE has secured over $7 million in a seed round of funding, which it plans to use to power its new social music platform. The company is targeting a full public launch later this year and says it is currently working with music industry partners to be “fully legal and licensed” for the …The music-making app, which claims to be the world’s largest, has launched a sync licensing program for its global registered user base of over 60 million music creators. The service is called ‘ BandLab Licensing ‘ and the company claims that it’s a “first-of-its-kind offering for a music creation platform”.Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. It was a big week for stats …MBW Views is a series of exclusive op/eds from eminent music industry people… with something to say. The following comes from Nabil Ayers (pictured), the President of Beggars Group US, a board member of A2IM, and the author of the memoir My Life in the Sunshine.. Some context to Nabil’s comment piece: Last month, music market …MBW Views is a series of exclusive op/eds from eminent music industry people… with something to say. The following comes from Nabil Ayers (pictured), the President of Beggars Group US, a board member of A2IM, and the author of the memoir My Life in the Sunshine.. Some context to Nabil’s comment piece: Last month, music market …“Welcome to the first year of tomorrow’s music business”. Music Business Worldwide. Analysis News United Kingdom United States MiDIA. Related Posts. Global recorded music revenues reached $28.8bn in 2021, says Midia. The global recorded music business generated over $50m a day last year – and …Islington Council – Sessional Venue Staff (bars, cloakroom, box office) – UK. Seeking individuals who with the ability to work to the highest standards, juggling competing priorities and demonstrating resilience to pressure and retaining due professionalism at all times -. Job type: Operations. Location: London, United Kingdom. Application ...Jan 4, 2024 · The words of JT Myers, co-CEO of Virgin Music Group (VMG) in an interview with MBW published shortly before the end of 2023.. Today (January 4), as 2024 rubs the sleep from its eyes, we receive some news that indicates just how keen Myers and his co-CEO at VMG, Nat Pastor, are on Latin music and its artists. They have worked together for several years and all move up from previous positions at AWAL, having joined before Sony acquired the company from Kobalt in 2021 for $430 million (a process that needed to go through regulatory approval from the Competition and Markets Authority (CMA) before being given …4 days ago · In July 2022, veteran music executive and producer Irv Gotti (Irving Lorenzo), the founder of rap label Murder Inc, sold a stake in his master recordings to Iconoclast in a deal worth $300 million. Sam Roseme and Peter Paterno of King, Holmes, Paterno & Soriano, LLP. represented Iconoclast, and Don Friedman of Grubman, Shire, Meiselas & Sacks ... Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic collaborations with …Music Business Worldwide. News United States Spotify The MLC. Related Posts. Neil Young’s music to return to Spotify. Spotify challenges YouTube, launching music videos for Premium users in 11 markets. Global consumption of music from India soared 2,000% in 5 years on Spotify.Private equity firms have poured billions of dollars into music, believing it to be a source of growing and reliable income. Investors spent $12 billion on …The following MBW column comes from Eamonn Forde (pictured inset), a London-based music industry journalist, and the author of The Final Days of EMI: Selling the Pig. His new book, Leaving The Building: The Lucrative Afterlife of Music Estates, is out now via Omnibus Press. The live music business is badly broken.Feb 6, 2024 · Music Business Worldwide. The music sync industry is headed for an iceberg. It needs an upgrade. February 6, 2024. By Music Business Worldwide. Analysis United States United Kingdom MBW Views. Sync veteran Tom Stingemore on why his industry is operating inefficiently and needs to change…. Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry. Stat Of the Week is supported by Cinq Music Group, a technology-driven record label, distribution, and rights management company.. Global recorded music revenues grew 9% YoY in …Breaking down the major labels’ revenues, Midia estimates that Universal Music Group generated recorded music revenues of $8.2 billion in 2021, giving it a market share of just under 29%.. Midia estimates that Sony Music Group (SMG) was the fastest growing major for the second successive year. According to Midia, SMG increased its …The past few days have seen a fair bit of consolidation in the global live entertainment business. On Monday (September 13), we learned that live events giant Live Nation Entertainment has struck a deal to buy a majority (51%) stake in Mexico-based concert promoter OCESA Entretenimiento for nearly $450 million. …Music Business Worldwide. The major record companies release around 3,900 tracks every day. Their problem? That’s a drop in the ocean. Luminate CEO, Rob Jonas, at SXSW 2023: "Just under half of all the musical content we're tracking within our system has been created since the beginning of 2020."Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.Bachelor’s Degree in Music Business or related field, and experience in live event production either at a venue, management company or agency. Job type: Operations. Location: New York, United States. Application deadline: March …The Berlin-based exec, who first joined BMG in 2008, was named Chief Content Officer (CCO) of the company in May 2022. Casimir moved up from her previous role as EVP Repertoire & Marketing for EU, APAC & LATAM, with responsibility for repertoire (both publishing and recorded music) in all international territories outside the …Since that deal, Toronto-based Northleaf has used Spirit Music Group’s music assets to support the raise of a $303.8 million bond offering. The Spirit Music Group portfolio is largely made up of mature music royalty assets managed by Lyric Capital Group and represents combined catalogs totaling over …In September 2020, Songtradr invested $1m in music credit resource Jaxsta, inks exclusive partnership. With teams in 16 countries worldwide, Songtradr says it has grown from being a music tech product for independent artists to a “multi-disciplined, end-to-end solution for music buyers, brands and rights holders”. Music Business WorldwideMusic Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly …TikTok is also launching a “New Release” tool for Artist Account holders. This feature was first trialed in the summer by BTS to promote their single Take Two, but is now being rolled out widely as part of the new accounts.. The promo tool allows artists to highlight a new track for up to 14 days before release, and for …The Orchard’s expansion in Africa arrives at a time of significant growth for the Sub-Saharan African recorded music business, which became the world’s fastest-growing recorded music region in 2022 (up 34.7%), according to IFPI, to become the only region last year to see more than 30% growth. MBW and Goldman Sachs team up for our first Entrepreneur Of The Year award – and BandLab's co-founder picks up the prize. News. Spotify is chasing annual profitability. SoundCloud’s already there. Company's revenues projected to be up 9% YoY in 2023. News. According to a new study from Pex, which monitors and analyzes copyrighted content on digital services, TikTok has the most modified audio of all major UGC platforms, including YouTube, Facebook, and Instagram.. Pex estimates that comfortably more than a third (38.03%) of all songs found on TikTok were speed or pitch-modified in …Sony Music Masterworks focuses on recording, producing, and promoting primarily non-pop music and live entertainment experiences. It curates film and television soundtracks, managing vast archives including Star Wars, The Phantom of the Opera, and Memoirs of a Geisha. “It is an absolute honor to join …Music Business News: United States. Analysis. Hipgnosis Songs Fund’s assets are now valued at $690 million less than they were before. Blackstone must be licking its lips. JP Morgan analyst says the likelihood of a Blackstone takeover just increased, thanks to Shot Tower's re-valuation of HSF. News.Warner Music Group has posted its fiscal Q4 (calendar Q3) and FY financial results ending September 30, 2023.. WMG’s total revenues for its full fiscal year (the 12 months ended September 30) “eclipsed” $6 billion ($6.037bn) for the first time in the company’s history. That FY figure – encompassing recorded music, music publishing …Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.China broke into the world’s Top 5 recorded music markets in 2022, according to IFPI data, landing at No.5 ahead of France (No.6), South Korea (No.7) and Canada (No.8, see below). China generated USD $1.2 billion for recorded music rightsholders in the year, says IFPI, up 28.4% YoY. Music Business WorldwideWarner Records is a Los Angeles-based frontline record label at Warner Music Group.. The company was founded in May 2019 as a “moment of reinvention” for the historic Warner Bros. Records company.. Warner Bros. Records was founded in March 1958 as an arm of Warner Bros. Pictures.Monday’s news arrived three weeks after Warner announced that it is laying off around 600 staff, or about 10% of its workforce – a move that Warner Music Group CEO Robert Kyncl said on the company’s earnings call is part of an efficiency drive that will save the company $200 million by September 2025.. The majority of …In 2023, the Italian market of recorded music grew by 18.8% YoY, reaching a total of 440 million euros of revenues, according to FIMI (Federazione …Music catalogs are big business again. The past year has seen nine-figure acquisitions of artist/songwriter assets and income streams involving superstars such as Michael Jackson, Enrique Iglesias, Katy Perry, and Rod Stewart.. Elsewhere, the frontline music business (signing and developing new artists) continues to grow across both the …Feb 7, 2024 · By Music Business Worldwide This story is going to run and run (well, at least until a deal gets signed). Last week, as if you needed reminding, Universal Music Group announced that it had not reached a deal with TikTok to re-license its catalog on the video service. Paid subscriptions to music streaming services exceeded 500 million globally for the first time, with more than 667 million users of such accounts, the …Breaking down the major labels’ revenues, Midia estimates that Universal Music Group generated recorded music revenues of $8.2 billion in 2021, giving it a market share of just under 29%.. Midia estimates that Sony Music Group (SMG) was the fastest growing major for the second successive year. According to Midia, SMG increased its …Islington Council – Sessional Venue Staff (bars, cloakroom, box office) – UK. Seeking individuals who with the ability to work to the highest standards, juggling competing priorities and demonstrating resilience to pressure and retaining due professionalism at all times -. Job type: Operations. Location: London, United Kingdom. Application ...Feb 1, 2023 · The feature, which costs $14.99 a month, gives creators access to BandLab Opportunities via ReverbNation, which will allow them to send their music directly to key industry heavyweights, including editorial coverage opportunities with various music publications, live music events such as SummerFest, and more. Music Business Worldwide Music Business Jobs is the most effective way for the global music industry to find the best candidates for their open positions. In addition to being seen by over 300,000 monthly unique readers online, our listings are also emailed direct to more than 50,000 professional subscribers every week – across the US, UK, …XP Music Futures reports that its speakers’ gender split was 46% female to 54% male, and the percentage of regional speakers was 56% versus 44% international. The conference also hosted the XP NITE sessions, with more than 130 artists performing across seven different event stages during the three-day event. Music Business WorldwideIn the IFPI's annual Global Music Report covering the music industry 2023, revenues jumped 10% to $28.6 billion, the highest figure since 1999.Muse Group’s new backer, Francisco Partners, reports to have invested in more than 400 technology companies. In addition to Native Instruments and Kobalt Music Group, Francisco Partners has also previously invested in ticketing tech platform Eventbrite.. According to a press release, the new combined …Mar 25, 2022 · Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. Music Business Worldwide. News United States Iconoclast Olivier Chastan. Related Posts. Iconoclast acquires producer royalties of legendary composer and disco icon Giorgio Moroder. Olivier Chastan’s Iconoclast acquires music publishing catalog of Beyonce and M.I.A. collaborator, Switch.Since that deal, Toronto-based Northleaf has used Spirit Music Group’s music assets to support the raise of a $303.8 million bond offering. The Spirit Music Group portfolio is largely made up of mature music royalty assets managed by Lyric Capital Group and represents combined catalogs totaling over …The global music publishing market was worth an estimated €7.68 billion ($9.07bn) in 2021, versus an estimated €6.51 billion in 2020. That’s according to the IMPF, the organization that represents independent music publishers internationally, which recently published its new ‘Global Market View’ report. (That’s not a typo above: Due to …Jun 27, 2019 · Apple has also confirmed that Beats 1, Apple Music’s in-house ‘radio’ station, now has “tens of millions of listeners”. The last update we had on Apple’s subs came from the Financial Times in December, which reported that the platform had 56m subscribers, including its free trialists. Music Business Jobs is the most effective way for the global music industry to find the best candidates for their open positions. In addition to being seen by over 300,000 monthly unique readers online, our listings are also emailed direct to more than 50,000 professional subscribers every week – across the US, UK, …(BMG has since confirmed that, while keeping digital distribution in-house, it’s inked a deal with Universal Music Group to handle its physical distribution business. Now, Coesfeld is enacting another set of significant changes at BMG, which posted an operating EBITDA of €90 million ($97m) , up 22.6% YoY , in the first six months of 2023.(BMG has since confirmed that, while keeping digital distribution in-house, it’s inked a deal with Universal Music Group to handle its physical distribution business. Now, Coesfeld is enacting another set of significant changes at BMG, which posted an operating EBITDA of €90 million ($97m) , up 22.6% YoY , in the first six months of 2023.Dot Da Genius on Kid Cudi, Kanye, the possibility of a producers’ strike and why he wants to ‘completely overhaul’ the current music industry business model. Kid Cudi's key creative collaborator discusses his breakthrough, his biggest records, AI and why he's keeping hold of his catalog - for now. The best of MBW, plus the most important ...Music Business Jobs is the most effective way for the global music industry to find the best candidates for their open positions. In addition to being seen by over 300,000 monthly unique readers online, our listings are also emailed direct to more than 50,000 professional subscribers every week – across the US, UK, …According to company data shared with Music Business Worldwide, SoundCloud is currently on course to post a slim – but positive – EBITDA for calendar/fiscal 2023.. The firm’s internal guidance shows that it’s currently projecting annual revenues of EUR €288 million (USD $310m) for 2023, up 7.5% YoY or 9% YoY at constant currency …Music tech startup Turntable LIVE has secured over $7 million in a seed round of funding, which it plans to use to power its new social music platform. The company is targeting a full public launch later this year and says it is currently working with music industry partners to be “fully legal and licensed” for the …MBW revealed shortly before the end of 2023 that SoundCloud was on course to post its first ever EBITDA-profitable year.. In mid-December, the firm’s internal guidance showed that was projecting annual revenues of EUR €288 million (USD $310m) for calendar/fiscal 2023, up 7.5% YoY or 9% YoY at constant currency (USD).. SoundCloud …Mike O’Neill President & CEO BMI Music Business Worldwide. Analysis United States BMI MBW Explains performance rights organizations private equity. Related Posts. TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours of songs.In 2023, the Italian market of recorded music grew by 18.8% YoY, reaching a total of 440 million euros of revenues, according to FIMI (Federazione …The US recorded music industry saw total revenues rise by 9.2% in 2020 to $12.15bn on a retail basis. As previously predicted by MBW , that was up by over $1bn on the $11.13bn the market generated across all formats in 2019.Music tech startup Turntable LIVE has secured over $7 million in a seed round of funding, which it plans to use to power its new social music platform. The company is targeting a full public launch later this year and says it is currently working with music industry partners to be “fully legal and licensed” for the …. 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