Music Industry News

Universal Music Poaches a Top Spotify Executive In Japan

One of Spotify Japan’s leading executives has jumped ship for Universal Music. Japan is the second-largest market in the world for recorded music. Ichiro Tamaki joins Universal Music Japan starting February 15th. He will be responsible for heading Digital Strategy, data analytics, and platform partnerships for Universal Music Japan. Tamaki formerly served as Spotify Japan’s […]

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Music Industry News

Warner Music Nashville Joins the Party on Standardized, Complete Music Credits

Full credits have fallen to the wayside since digital downloads and streaming took over. Now, Warner Music is announcing a major step towards standardized music credits during the production phase.  The effort towards standardized credits is part of the Recording Academy’s Behind the Record campaign. The Academy’s social media campaign launched in October to raise […]

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Music Industry News

iHeartMedia Chooses Nashville as Second HQ for iHeartRadio Digital

iHeartMedia has announced the selection of Nashville as its second headquarters for its iHeartRadio digital team. The new Nashville headquarters will expand the current New York-based digital team, and create a brand-new hub. iHeartMedia chose Nashville partly because it’s one of America’s leading music scenes. But the city is also seeing rapid growth in the technology sector. The […]

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Music Industry News

Is the Music Industry ‘Comeback’ Overrated? A Hard Look at the Latest Stats

Just a few short years ago, the music industry was contemplating its very existence. But is it time to get over the comeback celebration? For an industry that nearly collapsed overnight, the past few years have been a godsend. But is all the talk of a ‘music industry comeback’ misleading — and potentially damaging for […]

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Music Industry News

The Pretty Things — The Most Important Band You Don’t Know

I recently had the opportunity to speak with Phil May from the band, The Pretty Things. One of the most influential people in rock history, and you’ve probably never heard of him. Phil May is a founder of a band called The Pretty Things.  He founded the group with Dick Taylor in 1963.  Taylor had […]

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Music Industry News

Pre-Brexit, British Music Industry Valued at $6.7 Billion, with Live Concerts Surpassing $1.4 Billion

UK Music has just released its annual Music by Numbers report, which shows that the British music industry generated £5.2 billion ($6.72 billion) in 2018, with live concerts generating £1.1 billion ($1.42 billion) of this amount. The news comes amid mounting uncertainty about Brexit. Many believe that, if the United Kingdom goes through with its […]

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Music Industry News

The Fader Fires Eric Sundermann Following Sexual Impropriety Allegations

The Fader magazine has fired Eric Sundermann, who was its head of content, after conducting an investigation of allegations of sexual misconduct by him. The investigation began after accusations were made against Sundermann on Twitter. A company source told Billboard that it also investigated publisher Andy Cohn, for allegedly “looking the other way” in response to […]

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Music Industry News

SiriusXM Adds 210,000 Subscribers This Quarter ⁠— Pandora Subscribers Plunge

SiriusXM’s financials reveal the company added roughly 210,000 net subscribers, while earnings slipped substantially.  The story at Pandora wasn’t rosy. The company’s third-quarter 2019 total revenue was $2.0 billion, which increased by 37% compared to last year. That boost comes from the completion of the acquisition of Pandora Media in February this year. SiriusXM reported net […]

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Music Industry News

PledgeMusic Is ‘Unlikely’ to Pay Nearly $10 Million Owed to Artists, Bank-Appointed Administrator Says

PledgeMusic’s bank-appointed receiver says it’s ‘unlikely’ that artists will see any of the money they’re owed. We predicted this outcome back in July when PledgeMusic filed its wind up petition. Instead of heading into administration (the British equivalent of bankruptcy), PledgeMusic executives just closed up shop. The Royal Courts of Justice granted the wind-up order. […]

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Music Industry News

The Latest Industry Gigs: Copyright Royalty Board, LiveXLive, TaP, Sentric, AWAL, More..

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. We begin […]

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