Music industry

Atlantic Records, Downtown, Ye, Hipgnosis

Music industry veteran Aton Ben-Horin, new Global Executive Vice President A&R of Atlantic Records Group. Photo credit: Warner Music Group Here’s a recap of recent management shakeups — including internal hires and promotions — across the music industry. If you have a job shuffle to share, we’re all ears. Send us a note at [email protected] […]

Music industry

Sony Music Partners With Walter Kolm’s WK Records; Ari Lennox amicably part ways with management

Sony Music Entertainment Latin-Iberia entered into a new partnership with WK recordingsthe label founded by the CEO-founder of WK Entertainment Walter Kolm. WKR artists include reggaeton star Alex Rose, Grammy-nominated/Latin Grammy-nominated producer-artist Foreign Teck, singer-songwriter Emilia, Argentinian trap artist Seven Kayne and Colombian artist Cheo Gallego, with other signings to be announced in the coming […]

Music industry

Acquisition of Awal by Sony is provisionally authorized by the British regulator | The music industry

Britain’s competition watchdog has provisionally approved Sony Music’s $430m (£312m) deal to buy Awal – the artist services company that has worked with musicians such as Little Simz , Nick Cave and Finneas – after initially raising concerns that the takeover could lead to worse deals for artists or increased prices. The Competition and Markets […]

Music industry

The music industry is on the move: FKA Twigs partners with Atlantic Records

Brett Yormark was elevated to COO of Roc Nation, Compant CEO Desiree Perez announced this week. Yormark previously served as co-CEO of Roc Nation Unified and president of business operations and strategy. According to the announcement, Yormark will provide leadership and strategic vision across Roc Nation’s verticals while continuing to develop and execute long-term organizational […]

Music industry

Music Industry Unites to Commit to Net Zero Emissions by 2050 | Music

A number of the world’s biggest record labels have come together to pledge to take action on their environmental impact. The three major labels – Sony Music Entertainment, Universal Music Group and Warner Music Group – as well as independents such as label groups Beggars and Secretly, Warp, Ninja Tune and many others, have signed […]

Music industry

Australian music industry under review for “sexual harm, sexual harassment and systemic discrimination”

Australia’s music industry is under a six-month review by two consultants examining the incidences of “sexual harm, sexual harassment and systemic discrimination”. the National Journal of the Music Industry is headed by two consultants, Alexandra Shehadie and Sam Turner, who will begin the first stages of the investigation this month and plan to complete their […]

Music industry

Lucian Grainge, the most powerful person in the music industry

(Ricardo DeAratanha / Los Angeles Times) Tthink of any successful musical track in the industry and the name of Universal Music Group will instantly appear in mind. The founder of the main man behind this global brand of music production is none other than Sir Lucian Charles Grainge. He is Managing Director and Chairman of […]

Music industry

MPs and Music Industry Bodies Criticize the Salary of Universal Director Lucian Grainge | Universal music

MPs and music industry bodies criticized the salary of Sir Lucian Grainge, Chairman and CEO of Universal Music Group (UMG), who is expected to earn more in 2021 than all songwriters combined from streams and sales of their music in the UK in 2019. Grainge’s salary this year is supported by one-time cash bonuses totaling […]

Music industry

Competition watchdog to examine UK music industry over dominance of major labels

The competition watchdog will launch a review of the UK music market to address concerns about the power of major music labels and whether money is flowing from streaming platforms to the artist. The market research, which was prompted by a recommendation from the UK government last month, follows a parliamentary inquiry into the music […]

Music industry

Universal Music, Vurbl, PRS for music, More

Music industry veteran Moses Martiny, new senior vice president of global digital business strategy at Sony Music Publishing. Photo credit: Ivan Weiss Here’s a recap of recent executive shifts – including internal hires and promotions – across the music industry. If you’ve got a job to share, we’re all ears. Send us a note at […]

Music industry

Songtradr, Utopia Music, Live Nation, More

Music industry veteran Mari Arionne Davies, new vice president of reservations and talent for Live Nation Urban. Photo credit: Live Nation Here’s a recap of recent executive shifts – including internal hires and promotions – across the music industry. If you’ve got a job to share, we’re all ears. Send us a note at [email protected] […]

Music industry

After R. Kelly’s conviction, can the music industry change?

When a federal jury in Brooklyn convicted R. Kelly on Monday of racketeering and sex trafficking charges, it was immediately seen as a turning point. After decades of accusations of abuse, backed by dogged reporting that has given voice to dozens of young women, Kelly, the R&B superstar behind hits like “I Believe I Can […]

Music industry

UK government calls for music industry review

The UK government has called on the competition watchdog to overhaul the structure of the UK music industry, fearing the benefits of the streaming boom could be passed on to musicians. The Digital, Culture, Media and Sports Department wrote to the Competition and Markets Authority asking it to carry out a market study. It follows […]

Music industry

“Ruthless but good ears”: Lucian Grainge is the key architect of the revival of the music industry | Music industry

In the dark days of the 2000s, a time marked by plummeting record sales and widespread digital piracy, Lucian Grainge was on the warpath due to the lack of new chart-topping stars his label discovered. The last to arrive at a management meeting, he turned off the lights, walked around the room and said to […]

Music industry

British watchdog concerned about Sony takeover of Little Simz label | The music industry

Britain’s competition watchdog has raised concerns over Sony Music Entertainment’s $430m (£312m) deal to buy AWAL, the artist services company that released music artists such as Little Simz, Nick Cave and the Bad Seeds and Billie Eilish’s brother and collaborator, Finneas. The Competition and Markets Authority (CMA) said distribution of recorded music in the UK […]

Music industry

Global music industry to 2025

DUBLIN, September 2, 2021 /PRNewswire/ — The report “Global Music Market (Recorded Music, Streaming and Publishing): Insights and Forecasts with Potential Impact of COVID-19 (2021-2025)” has been added to from ResearchAndMarkets.com offer. Research and Markets Logo The global music market is expected to register a value of US$70.02 billion in 2025, growing at a CAGR […]

Music industry

Moment House Closes $12M Series A Funding Round; UMG partners with Tomorrowland

House of the moment, the live media platform founded in 2019 by Arjun Mehta, Nigel Egrari and Shray Bansal, has closed a $12 million Series A funding round led by Forerunner Ventures. According to an announcement, Moment House processed 1 million tickets in 168 countries hosting appearances and performances from Tame Impala, KSI, Halsey, St. […]

Music industry

Are NFTs the new Napster? This time the music industry isn’t taking any chances

Kings of Leon’s adoption of NFTs was a wake-up call for their record label and the music industry, which is now racing to avoid the same mistake that nearly killed it 20 years ago. MMore than two decades after the release of its debut album, Kings of Leon has been honored in the Rock & […]

Music interest

Morgan Stanley brings Tencent Music stake to nearly 100 million shares

Morgan Stanley increased its stake in Tencent Music (traded as TME on the NYSE) to nearly 100 million shares. The Manhattan-headquartered investment bank and financial services company recently shed light on its large stakes in Tencent Music in a Schedule 13G filing, an alternative to Schedule 13D that must be submitted. to the Securities and […]