photo: Renan Kamikoga It seems that BTS label Big Hit Entertainment will be going public much sooner than anticipated. After being valued at over $1 billion last summer (a figure that, though impressive at the time, has since been proven to be far too low), Big Hit execs indicated that they didn’t plan on taking their company […]
Fifty-two years after its founding, the storied Chrysalis Records is reemerging as a frontline label. The record company’s officials announced today that their brand would relaunch as part of an agreement with Partisan Records, a Brooklyn-based independent label. Partisan was founded in 2007, and its roster currently includes well-known indie acts such as Cigarettes After […]
YG image by 5sr, licensed under Creative Commons Attribution 2.0 Generic (CC by 2.0) Rapper YG has inked a JV deal between his label, 4Hunnid, and Sony Music Entertainment’s Epic Records. Per a deal first tipped by Variety this (Wednesday) morning, the Compton rapper will tie with Epic/Sony on all future works. The deal spans distribution as well as […]
photo: Diego Catto The music and entertainment industry has experienced a noticeable decline in the way its traditional record label and entertainment houses were initially set up to capitalize on the creative talents of the artists and musicians it signed. The following article comes from AMW Group, a proud partner of DMN. In the past […]
RIAA breakdown of 2019 streaming revenues, part of its broader recorded music market report. According to a detailed report shared this (Tuesday) afternoon by the Recording Industry Association of America (RIAA), 2019 brought a substantial uptick in US-based music industry revenue. Streaming catapulted the double-digit gains; the format is now larger than the entire US-based […]
Blood Blast Distribution (l to r): Bryce Lucien, Jérôme Riera, David Kaiser, Myriam Silberstein double down on brutality. Is genre-specialized music distribution next? Believe and Nuclear Blast Records are cutting the ribbon on Blood Blast Distribution — for those that prefer the more brutal side of things. Nuclear Blast Records has long been a force […]
Thomas Rabe (l), Chairman & CEO of Bertelsmann; and Immanuel Hermreck (r), Chief Human Resources Officer BMG parent company Bertelsmann has committed to becoming carbon neutral by 2030. The multibillion-dollar conglomerate announced the commitment via a formal media release. Bertelsmann also indicated that the initiative would be undertaken as part of Science Based Targets, a climate-awareness […]
After departing Sony Music Nashville earlier this month, country music star Tim McGraw has re-signed with Big Machine Records. McGraw, along with Big Machine founder Scott Borchetta, took the stage at last week’s Country Radio Seminar (a gathering for country music artists, radio employees, and music professionals) to announce the news. The audience erupted in applause as […]
Photo: Gerrybuckel (CC by 2.0) In an unexpected move, legendary country singer and songwriter Reba McEntire has re-signed with Universal Music Group Nashville. The surprising switch was revealed at the 2020 Country Radio Seminar, a three-day gathering for country stars, radio employees and broadcasters, and music industry professionals. This year’s Country Radio Seminar took place […]
In a recent court filing from the ongoing lawsuit against Universal Music Group (UMG), additional light was shed on the extent of the damage caused by the 2008 Universal Studios fire. Many masters, including those of Slayer, Soundgarden, Michael McDonald, Elton John, Les Paul, Peter Frampton, and Sonic Youth, were “affected” — i.e. lost — […]