BMG has announced that it will be moving its Los Angeles operations 7 blocks from its current facility, to a 30,000-square-foot space on the very same street: Wilshire Boulevard. This is just the latest of office moves for BMG, whose L.A. operations represent its largest grossing unit. In September, the company opened a massive new […]
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Adult Mom is accusing her indie record label Tiny Engines not only of not paying her but also of using revenue from her releases to fund other artists at the label. In a long series of tweets, Adult Mom — whose real name is Stevie Knipe — says that Tiny Engines is neither providing her […]
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Earlier today, Sony Music reported its second-quarter financial results for 2019, with music streaming driving a sharp increase in revenues. In the period ending September 30th, Sony Music reported an operating income of 37.5 billion yen ($344 million), which is a 19% increase over the same period the year before. These results include the following operations: Sony […]
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Trying to capitalize on what it considers an “untapped” market, Sony Music UK is launching a label dedicated to children’s music. The new Sony Music UK label will be named Magic Star. Heading it will be Will Speer, who previously worked at NBCUniversal. There he ran international marketing operations for NBCU Kids, DreamWorks TV and […]
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Acclaimed actress Issa Rae just announced a joint-venture label deal with Atlantic Records. The new company, which is called Raedio, also released its first single, which was recorded by singer-rapper TeaMarrr and called “Kinda Love.” The song has already been pushed to major streaming services, and also features a video that co-stars Rae. Raedio is […]
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Feedbands has a hair-brained plan that mixes cryptocurrency, crowdsourcing, and a vinyl subscription service. Amazingly, it’s actually working for artists. DMN is proud to be partnering with Feedbands as they grow their artist-focused concept. And if you’ve ever wanted to sell your music using crypto, Feedbands is a great place to start. Here’s what this […]
Universal Music Group is having a very good year, and it might just get better. For those warning of an industry slowdown, Universal Music Group would beg to differ. The mega-label just released its year-to-date earnings for the first 9 months of 2019, and the numbers are indeed impressive. The label group earned more than 5 […]
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More questions than answers surround the abrupt departure of Atlantic Records UK president Ben Cook. The abrupt resignation of Atlantic Records UK president Ben Cook earlier this week is still causing ripples, with industry onlookers wondering exactly what prompted the exit. Of course, the ‘what’ is a damning photo of Cook in a Run D.M.C. […]
The post If Stormzy Didn’t Demand Ben Cook’s Dismissal, Who Did? appeared first on Digital Music News.
An ugly situation is unfolding this morning involving Atlantic Records UK president — or, ex-president — Ben Cook. The longtime Atlantic Records UK president Ben Cook has officially tendered his resignation, citing issues stemming from a costume party seven years ago. Cook did not disclose the exact details of his costume, except to state that […]
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There’s an old adage: “crime doesn’t pay.” Just don’t tell that to rapper Tekashi 6ix9ine, or he might just laugh in your face. While awaiting sentencing on firearms and racketeering charges, Tekashi 6ix9ine signed a new recording contract that will reportedly pay him north of $10 million. Keep in mind, that’s an estimated figure and […]
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