In an effort to further diversify its membership body, the Recording Academy has implemented a new community-driven and peer-reviewed admissions model. As the lead governing body of the professional music industry, the Recording Academy has of late been evaluating policies across the board, implementing changes to get in step with today’s business and social leanings. […]
Keith Richards has consolidated his solo recordings catalog at BMG. The agreement now brings together Richards’ 1978 debut solo single and four solo albums from 1988-2010, alongside the sizable Rolling Stones publishing catalog that BMG has represented since 2013. Just in time for the holidays, BMG will issue a commemorative 40th anniversary release of Richards’ […]
Hotshot Canadian indie music publisher and production house Ole has named Helen Murphy its new chief executive officer. She succeeds founder Robert Ott, who will continue to serve as an advisor to Murphy and the Ole Board of Directors. In May, Ott effectively cashed out, selling his equity to equity partner the Ontario Teacher’s Pension […]
Performing rights organization BMI has announced it will open an office in Austin, it’s first inTexas. The new office, expected to open in early 2019, will allow BMI to work directly with the talented songwriters, composers, publishers and emerging songwriter/artists in the thriving Austin music community and help enhance their ability to earn a living by […]
ASCAP has opened registration for the 14th edition of its signature conference, the ASCAP “I Create Music” EXPO, taking place at the at the Loews Hollywood Hotel in Los Angeles, May 2 – 4, 2019. The EXPO event draws music creators from all over the world for three days of learning, networking “and the chance to share […]
Spotify’s third quarter earnings show the streaming firm’s first profitability, but the feat was more spreadsheet sleight of hand than earnings increase, and Spotify predicts it will be once again in the red for its fourth quarter. The tax break stems from Spotify’s 2017 stock-swap with Chinese streaming giant Tencent Music Entertainment Group. After the […]
Apple had good news for Wall Street yesterday, when CEO Tim Cook announced fourth quarter results, with revenue of $62.9 billion, $10 billion of it from the company’s Services unit, which includes Apple Music, iTunes and Apple Pay. The $62.9 billion figure represents a 20 percent increase over the same period last year, and beat analysts’ expectations (pegged […]
Sony/ATV and SOLAR have extended their pan-European digital licence administration agreement. The deal will see SOLAR will continue to provide administration services in connection with licences that cover the exploitation of the combined Anglo-American catalogs of Sony/ATV and EMI Music Publishing for digital services across Europe and other territories. SOLAR is a jointly-owned subsidiary of […]
Sony is acquiring another 60 percent of EMI Music Publishing, bringing its total holding to 90 percent of the song giant. The deal, valued at around $2 billion, sees Sony gaining additional rights to EMI’s two million songs from artists ranging from Queen to Pink, Pharrell Williams and Carole King to drive revenue through Sony/ATV […]
Live Nation Entertainment has established the Women Nation Fund, an early-stage investment fund focused on female-led live music businesses. Live Nation is setting up the fund and will provide access to the company’s resources and capital for underrepresented female entrepreneurs in the concert promotions, events and festival spaces, it was announced today by Live Nation […]
