Music Industry News

Vivendi Officially Shaves Off 10% of Universal Music Group to Pershing SPAC — At a $40 Billion-Plus Valuation

Universal Music Group headquarters in Santa Monica, CA. French media conglomerate Vivendi has officially sold a 10% chunk of its prized-plum Universal Music Group to a US-led SPAC. Digital Music News first reported rumblings of the SPAC deal — which values Universal Music Group at north of $40 billion — earlier this month. Now, the […]

Music Industry News

Government Report Identifies Multiple “Missed Opportunities for Detecting and Stopping” Manchester Arena Bombing

The Manchester Arena. A newly released government report about the 2017 Manchester Arena bombing has identified multiple “missed opportunities for detecting and stopping” the act of terrorism, which claimed 22 lives and caused hundreds of injuries. Inquiry chairman John Saunders, who in 2018 was appointed coroner for the inquests stemming from the terrorist attack, detailed […]

Music Industry News

Spotify Isn’t Deleting Any ‘Call Her Daddy’ Podcast Episodes — Unlike Joe Rogan

‘Call Her Daddy’ host Alexandra Cooper, now a Spotify exclusive podcaster. While Joe Rogan had dozens of episodes deleted by Spotify following his $100 million exclusive deal, it looks like Spotify won’t be touching any Call Her Daddy shows. Perhaps Spotify learned a tough lesson with Joe Rogan — which is good news for Call […]

Music Industry News

If Streaming Isn’t Paying the Bills, Maybe Vinyl Can — Now Qrates Has a Way to Help Artists and Labels Sell a Lot More Records

Photo Credit: James Sutton After 14 consecutive years of growth and a record-setting 2021, vinyl’s commercial resurgence is showing few signs of slowing down. Now, vinyl upstart Qrates is helping artists translate their streaming successes into more serious physical revenue. One sad outcome of the streaming explosion is the lack of any significant revenue for […]

Music Industry News

Morgan Wallen Radio Plays Up 2,800% After Reinstatements by iHeartMedia, Cumulus, Cox, Audacy

Morgan Wallen playing earlier this month on Nashville’s The Big 98 after a reinstatement by corporate parent iHeartMedia. Earlier this month, we first broke the news that major US-based radio conglomerates were quietly reinstating Morgan Wallen onto their country radio playlists. Now, we’re seeing the first spin data following those moves. Major US-based radio conglomerates […]

Music Industry News

U.S. Recorded Music Revenues Are Still 46% Below 1999 Peaks, RIAA Data Shows

Formats throughout history: blah blah (yellow), Did Spotify and music streaming really save the music industry? Not according to inflation-adjusted recorded music revenues. Despite endless talk of a music industry comeback, total recorded music revenues are still nowhere near their earlier peaks, according to recently-surfaced data. In fact, total recorded music revenues are still drastically […]

Music Industry News

VEVA Sound Thinks Song Credits Are ‘Cool’ Enough With New Campaign — “Credits Are Cool”

Right Said Fred, Hailey Steele, and The Young Fables have released custom merchandise through VEVA Sound’s Credits Are Cool campaign. Photo Credit: VEVA Sound VEVA Sound has long stressed the key role that metadata and credits play in the streaming-driven music landscape. Now, to raise awareness of crediting’s significance while helping artists unlock a new […]

Music Industry News

Are Cables Finally Going Extinct? Shure Pushes Further Into Wireless Systems With SLX-D

Photo Credit: Mason B More artists than ever are turning to hassle-free digital wireless systems for their live performance needs. Now, Shure is looking to revolutionize the sphere with its SLX-D release. Pivoting away from cable-based stages seems like a good idea. But for many musicians, efforts to go wireless have been fraught with headaches, […]

Music Industry News

Sony Music, Warner Music, and Universal Music Jointly File Lawsuit Against Frontier Communications

Sony Music Entertainment, Warner Music Group, and Universal Music Group have jointly filed a lawsuit against Norwalk, Connecticut-headquartered Frontier Communications over the ISP’s alleged failure to “address the rampant infringement on its network.” The Big Three record labels (as well as subsidiaries including UMG’s Capitol Records, Sony Music Entertainment’s Arista Records, and WMG’s Atlantic Records) […]