Music Industry News

Woodstock 50 Cofounder Insists the Event Isn’t Cancelled — “It’s Gonna Be a Blast!”

Woodstock founder Michael Lang has written an open letter emphatically stating that Woodstock 50 is still on — despite a cancellation notice sent by investors. Yesterday, we covered a letter sent to the media by a lead organizer and investor behind Woodstock 50, Dentsu Aegis Network. No specific reasons for the cancellation were cited in that […]

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Music Industry News

Recent Spotify Update Breaks Lockscreen Controls for Potentially Millions of Users

For the past month or so, Spotify users have remained vocal in their disappointment over a recent update on Android. With the service now reaching 217 million monthly active users (MAUs), it’s only natural that a user base this large would remain vocal on any bugs and poorly rolled out features. Case in point.  Several […]

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Music Industry News

Amazon Will Spend $7 Billion This Year in Video and Music Content Alone

Can Amazon overtake rivals in both the streaming video and streaming music markets? In order to take on streaming video giant Netflix, Apple unveiled a $1 billion spending plan on original content. Unsurprisingly, the Cupertino company’s strategy won’t rely on licensing content from Netflix.  Instead, the new platform reportedly remains close to locking down deals […]

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Music Industry News

Taylor Swift’s ‘Me!’ Shatters Multiple Records on YouTube Music and Amazon

Taylor Swift has made history anew. The 29-year-old pop singer’s recent music video, ‘Me!,’ broke several records across multiple platforms. The music video, which features Panic at the Disco’s Brendon Urie, broke YouTube’s record for most views in a 24-hour period by a solo artist.  Swift’s song hit 65.2 million views in a single day. […]

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Music Industry News

Paste Media Group Purchases NoiseTrade from Failed Platform PledgeMusic

No, the NoiseTrade purchase doesn’t mean artists will finally get their money from PledgeMusic. You know the story by now. Last year, British crowdfunding platform PledgeMusic withheld payments to artists and bands. Blaming a ‘transition in payment platforms,’ the company continues owing artists hundreds of thousands of dollars – likely much, much more. Last summer, […]

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Music Industry News

The Latest Music Industry Gigs: BMG, eOne, iHeartMedia, Universal Music, More

Here’s a wrap on the latest music industry jobs — in the Americas, Europe, and Asia. If you have a job listing to share, we’re all ears. Send us a note to news@digitalmusicnews.com. If you’d like to post a job on our Job Board, just send us a request at noah@digitalmusicnews.com. BMG —Marian Wolf BMG has […]

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Music Industry News

Sony Music’s 2018 Sales Fall Flat as Revenue Drops Nearly 9% Over Last Year

Sony Music has published its full-year earnings report for its 2018 fiscal year. For the fiscal year ending March 31st, 2019, the company brought in ¥427 billion ($3.8 billion) in recorded music revenue.  This figure represents an 8.6% drop year-over-year.  Sony attributed the poor results to a change in accounting and declining physical sales. In […]

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Music Industry News

The Latest Industry Gigs: Warner Music Peru, Epic Records, Arista, APA

Warner Music Peru is up-and-running. If you have a job listing to share, we’re all ears.  Send us a note to news@digitalmusicnews.com. If you’d like to post a job on our Job Board, just send us a request to noah@digitalmusicnews.com. The newly-minted Warner Music Peru will be based in Lima and headed by Country Manager Angela Sarmiento […]

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