Spotify, in a recent British regulatory filing, appointed Paul Vogel as a director, in anticipation of him replacing Barry McCarthy as the company’s CFO early next year. Since June of 2016, Vogel has been the company’s head of financial planning and analysis (FP&A) as well as treasury and investor relations, where he was responsible for […]
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Artist Zoe Keating has announced on Twitter just how much she is earning through Spotify, which appears to indicate that streaming royalty rates from the company are declining sharply. Keating indicated that she earned $753 from Spotify in September of this year, which came from a little more than 200,000 streams of her music. This […]
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Universal Music Group is launching a new record label in partnership with airliner AirAsia that will focus on developing Asian pop stars. Called RedRecords, the company will have offices in both Los Angeles and Kuala Lumpur, Maylasia. Hassan Choudhury, who is currently head of music for AirAsia, will become the label’s CEO. The first signing […]
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BMG announced that it had entered into a partnership with Shelter Music Group, which will allow the music conglomerate to offer artist management services to its clients. Under the agreement, the two companies will continue to act independently of each other. This means that Shelter is free to offer its services to artists not aligned […]
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It is being reported that Spotify has set a pay-per-click (PPC) rate for its controversial new ad program. According to Rolling Stone, which obtained a pitch deck for the new ad tool, it will be called Marquee and will cost labels and artists $0.55 per click, with a recommended minimum ad buy of $5,000. This […]
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TuneIn announced that it has gotten approval to appeal last month’s decision in a U.K. court that found that it infringed on the copyrights of Sony Music Entertainment and Warner Music U.K. On November 1, U.K. High Court Judge Colin Birss ruled that TuneIn had violated the two music companies’ copyrights by allowing users in […]
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Here’s a recap of recent executive shuffles — including both hirings and in-house promotions — from across the music industry. 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. Spotify has […]
The post The Latest Industry Gigs: Spotify, Republic Records, Capitol Records, Warner Music, AEG Presents and More appeared first on Digital Music News.
Gabrielle Union and NBC met for five hours today to discuss her dismissal from America’s Got Talent, which Union described as “productive.” In a Twitter post after the meeting Union wrote, “We had a lengthy 5-hour, and what I thought to be, productive meeting. I was able to, again, express my unfiltered truth. I led […]
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It is being reported that Chinese conglomerate Tencent is investing $2 billion in Kuaishou, which owns a short video platform similar to ByteDance’s Douyin. Kuaishou was launched in 2011 by Su Hua, who is also the founder and CEO of Kuaishou Technology. The platform currently has more than 200 million active daily users as well […]
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In an unusual move, the German rights collection agency GEMA has acquired a majority interest in Zebralution, which is a digital distribution company. Currently, GEMA has nearly 75,000 members, which includes composers, lyricists, and publishers. It further oversees German royalties for over two million copyright holders across the world. In 2018, the organization generated revenues […]
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