Music Industry News

British Government Unveils $1.9 Billion Rescue Package for Local Entertainment Industries (Including Music)

The Palace of Westminster. Photo Credit: Mike Gimelfarb The UK government has announced a more than $1.96 billion aid package to help “cultural, arts, and heritage institutions” – including music venues – weather the fiscal fallout of the COVID-19 pandemic. Chancellor Rishi Sunak recently unveiled the music relief initiative, and its details were disclosed on […]

Music Industry News

The French Music Industry Has Suffered Substantial 2020 Losses Due to COVID-19, Study Says

Paris, France. Photo Credit: Isaiah Bekkers A new report is shedding light upon the depth of the losses that France’s music community has suffered as a result of the coronavirus (COVID-19) pandemic. Conducted and published by France’s Tous Pour La Musique, an association of artists, producers, music managers, and others, the analysis paints a decidedly […]

Music Industry News

BMG Brokers a Major Move Into Television With ITV Pact

BMG and London-based television production company ITV Studios have closed a global partnership deal covering original music, sync deals, artist-promotion campaigns, and more. BMG and ITV Studios unveiled their “multifaceted agreement” in an official release today, and the message was shared with Digital Music News. Rendering BMG the “music partner of choice” across all ITV […]

Music Industry News

Indie Non-Profit CASH Music Is Shutting Down — What Happened?

Portland, Oregon. Photo Credit: Elena Kuchko 12 years after its founding, Portland-based indie nonprofit CASH Music (the Coalition of Artists and Stakeholders) has officially shut down. CASH Music higher-ups announced their non-profit’s permanent closure in a series of social media posts. “It is with a heavy heart that we share the news that CASH Music […]

Music Industry News

What Rights Should Artists Demand? Artist ‘Bill of Rights’ Proposed by Artist Rights Alliance

The Artist Rights Alliance (ARA) has introduced an “Artists’ Bill of Rights” outlining its stance on several important music-industry topics, in addition to forming a 93-artist Music Council to offer insight and policy recommendations moving forward. Artist Rights Alliance officials recently announced their non-profit organization’s Bill of Rights and Music Council via a press release, […]

Music Industry News

Despite Blackface Videos, Sirius XM Plans to Renew Howard Stern’s Contract

Still from a resurfaced video of Howard Stern portraying Ted Danson while wearing blackface in 1994.  Despite the resurfacing of multiple videos of Howard Stern appearing in blackface while using the n-word, Sirius XM’s CEO has expressed strong interest in renewing its contract with the radio veteran. Despite considerable outrage over a resurfaced video showing […]

Music Industry News

Moments After Its IPO, Warner Music Group Offers $535 Million In Senior Secured Notes

Having returned to Wall Street – and generated almost $2.5 billion – earlier this month, Warner Music Group (WMG) is moving forward with plans to issue $535 million worth of senior secured notes. Warner Music Group announced the substantial capital-raising initiative in an official release this morning. Like most other senior note offerings – Live […]