When 3lau drops his new song “Worst Case” on October 8th, he’s going to give away 50 percent of its streaming rights to 333 fans. The novel business play, the DJ/producer explains in an exclusive conversation with Rolling Stone,is designed to showcase the capabilities of Royal — a still-incomplete blockchain-powered …
Read More »AEG Concerts Will Require Proof of Vaccination
Got plans for Coachella? You’ll now need to be vaccinated in order to get in. Starting October 1st, anyone who decides to step foot inside a concert venue or festival owned by AEG Presents, from ticketholders to staff, will need to show proof of full vaccination, the major concert company …
Read More »Read the Black Music Action Coalition's 'Industry Report Card' on Race in Music
A year ago — in the wake of George Floyd’s murder and a contentious reexamination of race in America — an array of artists, songwriters, managers, producers, lawyers, and other music executives came together to form the Black Music Action Coalition (BMAC), a nonprofit group dedicated to holding the slow-to-change …
Read More »If Universal Music Sells Its Spotify Stock Right Now, Artists Get $500 Million
As controversial as it is to talk about in the music industry, major record labels of the world still own sizable chunks in Spotify. But there’s a case to be made about why they should sell their billions of dollars’ worth in shares — and specifically now. It started in …
Read More »Dan Wilson, Adele and Semisonic Songwriter, Sells His Entire Music Catalog
Closing time indeed. Genre-traversing hitmaker and Semisonic frontman Dan Wilson has signed over 100% of his catalog — around 350 songs — to music publishing and management company Primary Wave, the latter announced on Thursday. Only one week into 2021, this is the third major acquisition of songwriting rights this …
Read More »The Weeknd's 'After Hours' Ruled The First Half of 2020
The Weeknd‘s After Hours is the biggest album of the first half of 2020, topping Alpha Data’s mid-year ranking with 1.3 million album units in the U.S. In the first half of the year, Abel Tesfaye’s fourth studio album saw 418,000 sales — more than any other album in 2020. …
Read More »Is the Music Industry Too Optimistic About India's Potential?
The founder of distribution and artist tools platform Stem, Milana Rabkin Lewis, made a fun suggestion on Twitter last week — an industry book club entirely focused on IPO filings, with Warner Music Group‘s S1/A as the first assignment. Warner’s S1/A is the dense, 190-pages-plus SEC filing that just officially …
Read More »Sales of Instruments and Music Gear Are Soaring. Will Quarantine Spark a Renaissance?
In the weeks since the concert industry was stopped in its tracks, there’s been a 55% increase in Google searches for Apple’s Garagebandmusic creation software. Apple confirms the company is seeing record levels of interest in Garageband, with nearly 13 million downloads from its add-on “Sound Library” since early February …
Read More »You Have a TikTok Hit! Now, Quick — Change the Title
On March 3, the electronic producer Surf Mesa‘s single “ily” debuted on Spotify’s Global Viral chart, which highlights songs benefitting from a recent surge in interest. The track merged an acoustic cover of the Sixties classic “Can’t Take My Eyes Off You,” originally recorded by Franki Valli, with a downtempo, …
Read More »The Coronavirus Stimulus Bill Gives the Music Industry a Fighting Chance
Update, March 27th: The U.S. House of Representatives approved the stimulus package Friday, sending it to the president’s desk for final passage. — From songwriters to producers to roadies, individuals in the various corners of the music business will be eligible for federal relief under the coronavirus stimulus package passed …
Read More »