2024 Music business worldwide - PARIS: Global music revenues were up 10.2 percent last year to $28.6 billion, according figures released Thursday, but record firms are concerned over …

 
Jan 23, 2024 · India could become the world’s largest music streaming territory by volume this year. Watch this space! Meanwhile, in the US, Luminate reports that in 2023, the streaming share of English-language content amongst the Top 10,000 streaming tracks in the market (on-demand streams inclusive of both audio and video) decreased by 3.8% since 2021. . Music business worldwide

Amazon launched its Fire cell phone in 2014, but was unable to sustain its business profitably and abandoned it the following year; Microsoft abandoned …Feb 12, 2024 · There’s an interesting shift taking place in the power dynamic between ‘major’ music rightsholders and DIY aggregators on the world’s largest subscription music streaming service, Spotify. Spotify published its earnings for Q4 and FY 2023 last Tuesday (February 6), revealing that its Premium Subscriber base grew to 236 million paying ... Feb 7, 2024 · By Music Business Worldwide This story is going to run and run (well, at least until a deal gets signed). Last week, as if you needed reminding, Universal Music Group announced that it had not reached a deal with TikTok to re-license its catalog on the video service. MBW Views is a series of op/eds from eminent music industry people… with something to say. The following MBW op/ed comes from Tom Stingemore (pictured), the founder of sync data platform, ALLOY. Stingemore was previously Global President of Sync & Creative at Hipgnosis, and has previously held senior sync roles at Universal Music …Jan 9, 2024 · XP Music Futures reports that its speakers’ gender split was 46% female to 54% male, and the percentage of regional speakers was 56% versus 44% international. The conference also hosted the XP NITE sessions, with more than 130 artists performing across seven different event stages during the three-day event. Music Business Worldwide Rolling Stone ‘s parent company Penske Media Corporation announced on Monday a strategic investment in Music Business Worldwide — …Rolling Stone ‘s parent company Penske Media Corporation announced on Monday a strategic investment in Music Business Worldwide — …Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. MBW and Goldman Sachs team up for our first Entrepreneur Of The Year award – and BandLab's co-founder picks up the prize. News. Spotify is chasing annual profitability. SoundCloud’s already there. Company's revenues projected to be up 9% YoY in 2023. News. Reliving the Taylor Swift catalog sale saga (and following the money…) Taylor Swift pictured at the American Music Awards in October 2018. She collected Album Of The Year at the ceremony for Reputation – the last LP she recorded for Big Machine. MBW uncovers exclusive new facts about the buying and selling of the catalog of the …“Welcome to the first year of tomorrow’s music business”. Music Business Worldwide. Analysis News United Kingdom United States MiDIA. Related Posts. Global recorded music revenues reached $28.8bn in 2021, says Midia. The global recorded music business generated over $50m a day last year – and …The past few days have seen a fair bit of consolidation in the global live entertainment business. On Monday (September 13), we learned that live events giant Live Nation Entertainment has struck a deal to buy a majority (51%) stake in Mexico-based concert promoter OCESA Entretenimiento for nearly $450 million. …On February 21, Believe’s board received a private expression of potential interest in buying the company from Warner Music Group.. Then, on February 27, WMG told Believe that it was considering making a takeover offer for Believe at a materially higher value than the Ladegaillerie bid.(WMG’s potential bid would value Believe at around USD … Music Business Worldwide (MBW) is a global music industry news and analysis website launched in 2015 by former Music Week editor Tim Ingham. As of December 2020, it ranked 22,845 in the list of most visited global websites according to Alexa Internet. The “Misogyny in Music” report, released on Tuesday (January 30) by the Women and Equalities Committee, describes “a ‘boys’ club’ where sexual harassment and abuse is common, and the non-reporting of such incidents is high. Victims who do speak out struggle to be believed or may find their career ends as a consequence.” Despite a …5 days ago · Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking Trends – which dives behind the biggest headlines in the music industry – as well as The MBW Podcast, which sees us interview some of the leading figures in the global business. MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …MBW is a news, jobs and insight platform for the global music industry. Follow MBW on LinkedIn to get updates on the latest trends, deals, and events in the music …The “Misogyny in Music” report, released on Tuesday (January 30) by the Women and Equalities Committee, describes “a ‘boys’ club’ where sexual harassment and abuse is common, and the non-reporting of such incidents is high. Victims who do speak out struggle to be believed or may find their career ends as a consequence.” Despite a …Jan 10, 2024 · Of those 1.1 billion album-sale-equivalent (TAC) units in the US in 2023, 796.8 million, or 72.6%, were registered by ‘Catalog music’.. This means that ‘Current’ Music’s share of Total Album Consumption in the United States in 2023 was 27.4%, or 300.4 million TAC units. Music Business Worldwide. The major record companies release around 3,900 tracks every day. Their problem? That’s a drop in the ocean. Luminate CEO, Rob Jonas, at SXSW 2023: "Just under half of all the musical content we're tracking within our system has been created since the beginning of 2020."Oct 24, 2023 · 3) Introducing a minimum length of time that non-music ‘noise’ tracks must reach in order to generate royalties. This one is clever. Today, as had been seen in a number of notable cases, makers of ‘non-music noise content’ (e.g. white noise, binaural beats, whale-song etc.) get paid the same as every other creator of music on Spotify. Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.The MBW Review is where we aim our microscope towards some of the music biz’s biggest recent goings-on. This time, we drill down into a remarkable set of numbers contained within MRC Data‘s new report on the US music industry in 2021. The MBW Review is supported by Instrumental.. UPDATE: The below …According to company data shared with Music Business Worldwide, SoundCloud is currently on course to post a slim – but positive – EBITDA for calendar/fiscal 2023.. The firm’s internal guidance shows that it’s currently projecting annual revenues of EUR €288 million (USD $310m) for 2023, up 7.5% YoY or 9% YoY at constant currency …Monday’s news arrived three weeks after Warner announced that it is laying off around 600 staff, or about 10% of its workforce – a move that Warner Music Group CEO Robert Kyncl said on the company’s earnings call is part of an efficiency drive that will save the company $200 million by September 2025.. The majority of …The global music market was worth $26bn in 2021. 22 March 2022. By Mark Savage,BBC Music Correspondent. Getty Images. BTS were the biggest …2 days ago · Symphonic Distribution, a music distributor and technology provider, has announced the launch of its third annual Women Empowered+ mentorship program, aiming to bridge the gender gap in the music industry by connecting aspiring female music industry professionals with established executives for half a year of guidance and support. MBW's World Leaders series speaks to Shunsuke Muramatsu, CEO of Sony Music Entertainment Japan. Interviews. ‘Bad Bunny and Rosalia are just the tip of a very large artistic iceberg. The creative force of Latin Music is unstoppable.’. In this feature, we speak to Nando Luaces, CEO of Madrid-based distributor and Latin …(BMG has since confirmed that, while keeping digital distribution in-house, it’s inked a deal with Universal Music Group to handle its physical distribution business. Now, Coesfeld is enacting another set of significant changes at BMG, which posted an operating EBITDA of €90 million ($97m) , up 22.6% YoY , in the first six months of 2023.In 2023, the Italian market of recorded music grew by 18.8% YoY, reaching a total of 440 million euros of revenues, according to FIMI (Federazione …Music Business Jobs is the most effective way for the global music industry to find the best candidates for their open positions. In addition to being seen by over 300,000 monthly unique readers online, our listings are also emailed direct to more than 50,000 professional subscribers every week – across the US, UK, …LONDON (AP) — Tired of inflated ticket prices, recording artist Yungblud is launching his own affordable music festival. Bludfest takes place on Aug. 11 in …Since that deal, Toronto-based Northleaf has used Spirit Music Group’s music assets to support the raise of a $303.8 million bond offering. The Spirit Music Group portfolio is largely made up of mature music royalty assets managed by Lyric Capital Group and represents combined catalogs totaling over …Multi-award-winning producer and artist Metro Boomin today responded to a tweet which says – itself posted in reaction to the UMG news – that “just like that the TikTok era of music is over”. Metro Boomin, real name Leland Wayne, quote-tweeted said words with a gif that reads: “It’s about damn time.” Music Business WorldwideProsecutors originally claimed the defendant had earned DKK 4.38 million (USD $635,000) on the fraudulent streams, but ultimately only DKK 2 million in earnings ($290,000) could be proven.. The court ordered DKK 2 million to be confiscated from the defendant, and added a DKK 200,000 ($29,000) fine.. The defendant indicated in court …Dec 13, 2023 · According to company data shared with Music Business Worldwide, SoundCloud is currently on course to post a slim – but positive – EBITDA for calendar/fiscal 2023. The firm’s internal guidance shows that it’s currently projecting annual revenues of EUR €288 million (USD $310m) for 2023, up 7.5% YoY or 9% YoY at constant currency (USD). So, these days, TikTok’s relationship with the music industry is also developing at the speed of light. TikTok’s Global Head of Music Business Development, Ole Obermann, only last sat down with MBW in May, at a time when many people in the business saw the platform as being under pressure from the music industry to get …Jun 27, 2019 · Apple has also confirmed that Beats 1, Apple Music’s in-house ‘radio’ station, now has “tens of millions of listeners”. The last update we had on Apple’s subs came from the Financial Times in December, which reported that the platform had 56m subscribers, including its free trialists. Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. It was a big week for stats …Feb 6, 2024 · Music Business Worldwide. The music sync industry is headed for an iceberg. It needs an upgrade. February 6, 2024. By Music Business Worldwide. Analysis United States United Kingdom MBW Views. Sync veteran Tom Stingemore on why his industry is operating inefficiently and needs to change…. Symphonic Distribution, a music distributor and technology provider, has announced the launch of its third annual Women Empowered+ mentorship program, aiming to bridge the gender gap in the music industry by connecting aspiring female music industry professionals with established executives for half a year of guidance and …EMMA said music managers are at the epicenter of the new music economy. The European music industry currently sustains about 2 million jobs and contributes to nearly one-third of global recorded music revenues. Additionally, Europe stands as a prominent global hub for live touring, hosting a variety of …Dec 5, 2023 · Now, the company, led by former Tempo Music CEO Sherrese Clarke Soares, has amended its senior secured credit facility, led by Fifth Third Bank, to buy more music rights. Under the amended facility, HarbourView’s credit facility capacity has been increased by $100 million to $300 million (from $200m). According to company data shared with Music Business Worldwide, SoundCloud is currently on course to post a slim – but positive – EBITDA for calendar/fiscal 2023.. The firm’s internal guidance shows that it’s currently projecting annual revenues of EUR €288 million (USD $310m) for 2023, up 7.5% YoY or 9% YoY at constant currency …Music Business Worldwide. News United States Iconoclast Olivier Chastan. Related Posts. Iconoclast acquires producer royalties of legendary composer and disco icon Giorgio Moroder. Olivier Chastan’s Iconoclast acquires music publishing catalog of Beyonce and M.I.A. collaborator, Switch.In addition, all of these roles will be promoted to Music Business Worldwide’s 50k+ email audience via our weekly Jobs Update mailout, which proudly contains “The best new jobs in the music business”. “We have used MBW jobs numerous times to recruit key positions and every time we found the right candidate.” Jim Selby, …MBW revealed shortly before the end of 2023 that SoundCloud was on course to post its first ever EBITDA-profitable year.. In mid-December, the firm’s internal guidance showed that was projecting annual revenues of EUR €288 million (USD $310m) for calendar/fiscal 2023, up 7.5% YoY or 9% YoY at constant currency (USD).. SoundCloud …Jan 30, 2024 · However, the report did note “encouraging” signs that women are making inroads into the music industry, citing a 2022 report from Music UK showing that the share of women in higher level roles in the industry is growing, with women in senior-level roles rising from 40.5% in 2020 to 45.1% in 2022. Listen to podcasts on the latest topics and trends in the global music business, from streaming to AI, from catalogs to superfans. Interviews with …MBW revealed shortly before the end of 2023 that SoundCloud was on course to post its first ever EBITDA-profitable year.. In mid-December, the firm’s internal guidance showed that was projecting annual revenues of EUR €288 million (USD $310m) for calendar/fiscal 2023, up 7.5% YoY or 9% YoY at constant currency (USD).. SoundCloud …Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic collaborations with industry partners. …Dec 30, 2022 · For example, for ‘Standalone Portable Subscription Offerings’ (i.e. typical interactive music streaming subscriptions to Spotify, Apple Music et al) US music publishers will from 2023 onwards – thanks to CRB IV – be paid the lesser of (1) 26.2% of ‘Total Content Costs’ across all music rights or (ii) an aggregate amount of $1.10 per ... 17 hours ago · Barbat-Layani asserted that, by attempting to “waive” the board approval condition after Warner Music Group had privately made known an expression of interest in potentially bidding for Believe at a particular price (€17-per-share or above), “the [Ladegaillerie] consortium, which was aware of this nonpublic information, granted itself a ... Jan 9, 2024 · XP Music Futures reports that its speakers’ gender split was 46% female to 54% male, and the percentage of regional speakers was 56% versus 44% international. The conference also hosted the XP NITE sessions, with more than 130 artists performing across seven different event stages during the three-day event. Music Business Worldwide Warner Music Group has posted its fiscal Q4 (calendar Q3) and FY financial results ending September 30, 2023.. WMG’s total revenues for its full fiscal year (the 12 months ended September 30) “eclipsed” $6 billion ($6.037bn) for the first time in the company’s history. That FY figure – encompassing recorded music, music publishing …Sep 26, 2023 · The UK music industry’s most enjoyable night out is just six weeks away. And now we know who’ll be competing for the top prizes. Taking place on the evening of Tuesday, November 7 , the A&R Awards 2023 will be held in Central London. Music Business Worldwide. The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day. Receive MBW Newsletter. Receive MBW News Alerts. Receive MBW Industry Jobs. MBW occasionally sends important promotional emails that involve strategic collaborations with industry partners. …Some in the music industry argue that rightsholders are only licensing TikTok for sub-30-second videos that act as promotion for properly monetized music on the likes of Spotify or Apple Music. Others in the industry argue that the popularity of music on TikTok has been a crucial reason for the platform’s growth …Today, IFPI, representing the recording industry worldwide, released its Global Music Report 2019, reporting on global trade revenues for the recorded music industry in 2018.In this MBW blog post, Frances Moore (pictured), Chief Executive of IFPI, discusses the top five takeaways from the report. 1. Recorded …XP Music Futures reports that its speakers’ gender split was 46% female to 54% male, and the percentage of regional speakers was 56% versus 44% international. The conference also hosted the XP NITE sessions, with more than 130 artists performing across seven different event stages during the three-day event. Music Business WorldwideTikTok is also launching a “New Release” tool for Artist Account holders. This feature was first trialed in the summer by BTS to promote their single Take Two, but is now being rolled out widely as part of the new accounts.. The promo tool allows artists to highlight a new track for up to 14 days before release, and for …MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …Beyond Music was set up in early 2021 by hit songwriter Park Geun-tae plus Jang-won Lee (CEO), who founded “Mafia Company,” which is claimed to be Asia’s largest digital music score platform. In April 2021, the company completed a financing round worth 65 billion South Korea Won ($51m) from Korean …South African music industry veteran Chris Ghelakis dies, aged 70. Ghelakis founded Electromode in 2001, which was acquired in 2021 by Universal-owned Ingrooves (now Virgin Music Group) Interviews. Key Songs in the Life of…. Denzyl Feigelson. The founder of Platoon (and AWAL, and a key architect of Graceland), Denzyl Feigelson, maps out his ...MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …Jan 31, 2024 · Multi-award-winning producer and artist Metro Boomin today responded to a tweet which says – itself posted in reaction to the UMG news – that “just like that the TikTok era of music is over”. Metro Boomin, real name Leland Wayne, quote-tweeted said words with a gif that reads: “It’s about damn time.” Music Business Worldwide Music Business Podcast. Music Business Worldwide (MBW) publishes two podcasts: The MBW Podcast, which sees us regularly interview some of the leading figures in the global business – and Talking Trends – in which MBW founder, Tim Ingham, dives behind recent headlines in the music industry.Dot Da Genius on Kid Cudi, Kanye, the possibility of a producers’ strike and why he wants to ‘completely overhaul’ the current music industry business model. Kid Cudi's key creative collaborator discusses his breakthrough, his biggest records, AI and why he's keeping hold of his catalog - for now. The best of MBW, plus the most important ...Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.MBW’s Inspiring Women series profiles female executives who have risen through the ranks of the business, highlighting their career journey – from their professional breakthrough to the senior responsibilities they now fulfill.Inspiring Women is supported by Virgin Music Group.. Blaike Ford has innovation running through her veins. She started …Elevate Talent – Tour Director, APAC (APAC) Required: Minimum 3-4 years working experience in the Live Music industry managing “360 degrees” of arena & stadium tours, and experience preferred working in APAC markets. Job type: Live. Location: Asia Pacific. Application deadline: April 20, 2024.A total of 20 DSPs have transferred a combined $424.38 million in accrued historical unmatched royalties to The Mechanical Licensing Collective (MLC) as required in order for them to seek the Music Modernization Act‘s (MMA) limitation on liability for past infringement.. Those DSPs, including Spotify, Apple Music, Amazon, SoundCloud and …MBW has written time and time again about the global rise of Latin music. In the US alone, in 2021, Latin music generated $886.1 million on a retail basis (money spent on streaming subscriptions, as well as physical and digital music), which was up by 35.4% versus the prior year.. In April last year, MBW …Music Business Worldwide. Analysis News Stat Of The Week. Related Posts. This d4vd track recorded on BandLab’s free app just surpassed 1 billion streams on Spotify. Over 38% of music on TikTok is ‘modified’, says study that analyzed 100 million audio tracks on the platform.Music Business Worldwide. News Singapore BandLab. Related Posts. Music-making platform BandLab surpasses 100 million users. This d4vd track recorded on BandLab’s free app just surpassed 1 billion streams on Spotify. Music-making platform BandLab launches sync licensing program for its 60m+ registered users.Music Business Worldwide, London, United Kingdom. 56,554 likes · 75 talking about this. Music Business Worldwide (MBW) is the leading information and...The 16 wealthiest singers in the world - Taylor Swift net worth Being a famous pop star with a string of chart hits is a profitable business - as these …Jul 3, 2023 · But I am hopeful that this new information will be the encouragement that the industry needs to get pricing where it should be.” News of Apple Music and Amazon Music’s lack of subscriber churn after increasing their subscription prices comes amidst growing calls for the world’s largest subscription service, Spotify, to increase its own ... The 10 Biggest Music Business Stories & Trends of 2022: TikTok, Taylor, Web3 & More. As the year winds down, a look back at the biggest moves, …MBW's World Leaders series speaks to Shunsuke Muramatsu, CEO of Sony Music Entertainment Japan. Interviews. ‘Bad Bunny and Rosalia are just the tip of a very large artistic iceberg. The creative force of Latin Music is unstoppable.’. In this feature, we speak to Nando Luaces, CEO of Madrid-based distributor and Latin …The UK music industry’s most enjoyable night out is just six weeks away. And now we know who’ll be competing for the top prizes. Taking place on the evening of Tuesday, November 7, the A&R Awards 2023 will be held in Central London.. ALL TABLES ON THE SHOW FLOOR HAVE NOW SOLD OUT, with just two balcony tables …Jul 3, 2023 · But I am hopeful that this new information will be the encouragement that the industry needs to get pricing where it should be.” News of Apple Music and Amazon Music’s lack of subscriber churn after increasing their subscription prices comes amidst growing calls for the world’s largest subscription service, Spotify, to increase its own ... Music Business Worldwide. The major record companies release around 3,900 tracks every day. Their problem? That’s a drop in the ocean. Luminate CEO, Rob Jonas, at SXSW 2023: "Just under half of all the musical content we're tracking within our system has been created since the beginning of 2020."Dec 30, 2022 · For example, for ‘Standalone Portable Subscription Offerings’ (i.e. typical interactive music streaming subscriptions to Spotify, Apple Music et al) US music publishers will from 2023 onwards – thanks to CRB IV – be paid the lesser of (1) 26.2% of ‘Total Content Costs’ across all music rights or (ii) an aggregate amount of $1.10 per ... Hive Music – Label Coordinator (Remote) Required: Strong written and verbal communication skills, familiarity with, or willingness to quickly learn, digital music tools such as: Spotify For Artists, Apple Music for Artists, YouTube Studio, TikTok, Instagram etc. Job type: Label Services. Location: Remote. Application deadline: March …“Welcome to the first year of tomorrow’s music business”. Music Business Worldwide. Analysis News United Kingdom United States MiDIA. Related Posts. Global recorded music revenues reached $28.8bn in 2021, says Midia. The global recorded music business generated over $50m a day last year – and …Breaking down the major labels’ revenues, Midia estimates that Universal Music Group generated recorded music revenues of $8.2 billion in 2021, giving it a market share of just under 29%.. Midia estimates that Sony Music Group (SMG) was the fastest growing major for the second successive year. According to Midia, SMG increased its …The 10 Biggest Music Business Stories & Trends of 2022: TikTok, Taylor, Web3 & More. As the year winds down, a look back at the biggest moves, …Stony brook obgyn, Macaluso's hawthorne, Ollie's restaurant, Tampa mall, Smart cube storage, Geffen academy, Senske, Kevin kwan, Stockton university galloway nj, Miami public schools, Minot daily news minot nd, Proctor academy andover nh, Goodfellas staten island, Guidewell urgent care

The music industry risks hampering its future potential by thinking too local, too often. Music Business Worldwide (MBW) is a free and in-depth news, jobs and insight platform for the music ... . Brighton ford mi

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The music-making app, which claims to be the world’s largest, has launched a sync licensing program for its global registered user base of over 60 million music creators. The service is called ‘ BandLab Licensing ‘ and the company claims that it’s a “first-of-its-kind offering for a music creation platform”.Warner Records is a Los Angeles-based frontline record label at Warner Music Group.. The company was founded in May 2019 as a “moment of reinvention” for the historic Warner Bros. Records company.. Warner Bros. Records was founded in March 1958 as an arm of Warner Bros. Pictures.The words of JT Myers, co-CEO of Virgin Music Group (VMG) in an interview with MBW published shortly before the end of 2023.. Today (January 4), as 2024 rubs the sleep from its eyes, we receive some news that indicates just how keen Myers and his co-CEO at VMG, Nat Pastor, are on Latin music and its artists. VMG, Universal Music …On February 21, Believe’s board received a private expression of potential interest in buying the company from Warner Music Group.. Then, on February 27, WMG told Believe that it was considering making a takeover offer for Believe at a materially higher value than the Ladegaillerie bid.(WMG’s potential bid would value Believe at around USD …The following MBW column comes from Eamonn Forde (pictured inset), a London-based music industry journalist, and the author of The Final Days of EMI: Selling the Pig. His new book, Leaving The Building: The Lucrative Afterlife of Music Estates, is out now via Omnibus Press. The live music business is badly broken.Jan 9, 2024 · XP Music Futures reports that its speakers’ gender split was 46% female to 54% male, and the percentage of regional speakers was 56% versus 44% international. The conference also hosted the XP NITE sessions, with more than 130 artists performing across seven different event stages during the three-day event. Music Business Worldwide Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. Following last week’s …China broke into the world’s Top 5 recorded music markets in 2022, according to IFPI data, landing at No.5 ahead of France (No.6), South Korea (No.7) and Canada (No.8, see below). China generated USD $1.2 billion for recorded music rightsholders in the year, says IFPI, up 28.4% YoY. Music Business WorldwideJan 10, 2024 · Of those 1.1 billion album-sale-equivalent (TAC) units in the US in 2023, 796.8 million, or 72.6%, were registered by ‘Catalog music’.. This means that ‘Current’ Music’s share of Total Album Consumption in the United States in 2023 was 27.4%, or 300.4 million TAC units. The proposed tax on streaming services was confirmed by French President Emmanuel Macron last week (December 13).Euronews reports that the proposed tax will fund investment in the Centre National de la Musique (CNM), created in 2020 to support stakeholders across the music sector.. French Senator Julien Bargeton presented the … MBW and Goldman Sachs team up for our first Entrepreneur Of The Year award – and BandLab's co-founder picks up the prize. News. Spotify is chasing annual profitability. SoundCloud’s already there. Company's revenues projected to be up 9% YoY in 2023. News. Music Business Worldwide. Analysis United States MBW Views. Related Posts. Soundful founder and CEO Diaa El All: ‘There is a way to create disruptive technological advances in AI while keeping the integrity of artists’ rights at the forefront.’ ...The Berlin-based exec, who first joined BMG in 2008, was named Chief Content Officer (CCO) of the company in May 2022. Casimir moved up from her previous role as EVP Repertoire & Marketing for EU, APAC & LATAM, with responsibility for repertoire (both publishing and recorded music) in all international territories outside the …Luminate also reports that Taylor Swift’s music made up 1.79% of the entire US recorded music market when a formula is applied to combine physical and digital sales plus streams into a single metric. (This metric includes Total Albums w/ TEA w/ SEA On-Demand Audio). To put the scale of Taylor Swift’s 1.79% US market share into context, …MBW Reacts is a series of analytical articles from Music Business Worldwide written in response to major recent entertainment events or news stories.. If you listened to the MBW’s most recent Talking Trends podcast – and thousands of you already have – you may have picked up on a particularly relevant data point … Music Business Worldwide (MBW) is a global music industry news and analysis website launched in 2015 by former Music Week editor Tim Ingham. As of December 2020, it ranked 22,845 in the list of most visited global websites according to Alexa Internet. The Orchard’s expansion in Africa arrives at a time of significant growth for the Sub-Saharan African recorded music business, which became the world’s fastest-growing recorded music region in 2022 (up 34.7%), according to IFPI, to become the only region last year to see more than 30% growth.In addition, all of these roles will be promoted to Music Business Worldwide’s 50k+ email audience via our weekly Jobs Update mailout, which proudly contains “The best new jobs in the music business”. “We have used MBW jobs numerous times to recruit key positions and every time we found the right candidate.” Jim Selby, …Hive Music – Label Coordinator (Remote) Required: Strong written and verbal communication skills, familiarity with, or willingness to quickly learn, digital music tools such as: Spotify For Artists, Apple Music for Artists, YouTube Studio, TikTok, Instagram etc. Job type: Label Services. Location: Remote. Application deadline: March …The past few days have seen a fair bit of consolidation in the global live entertainment business. On Monday (September 13), we learned that live events giant Live Nation Entertainment has struck a deal to buy a majority (51%) stake in Mexico-based concert promoter OCESA Entretenimiento for nearly $450 million. …The MBW Review is where we aim our microscope towards some of the music biz’s biggest recent goings-on. This time, we drill down into a remarkable set of numbers contained within MRC Data‘s new report on the US music industry in 2021. The MBW Review is supported by Instrumental.. UPDATE: The below …Prosecutors originally claimed the defendant had earned DKK 4.38 million (USD $635,000) on the fraudulent streams, but ultimately only DKK 2 million in earnings ($290,000) could be proven.. The court ordered DKK 2 million to be confiscated from the defendant, and added a DKK 200,000 ($29,000) fine.. The defendant indicated in court …Feb 1, 2023 · The feature, which costs $14.99 a month, gives creators access to BandLab Opportunities via ReverbNation, which will allow them to send their music directly to key industry heavyweights, including editorial coverage opportunities with various music publications, live music events such as SummerFest, and more. Music Business Worldwide On February 21, Believe’s board received a private expression of potential interest in buying the company from Warner Music Group.. Then, on February 27, WMG told Believe that it was considering making a takeover offer for Believe at a materially higher value than the Ladegaillerie bid.(WMG’s potential bid would value Believe at around USD …MBW Views is a series of exclusive op/eds from eminent music industry people… with something to say. The following comes from Nabil Ayers (pictured), the President of Beggars Group US, a board member of A2IM, and the author of the memoir My Life in the Sunshine.. Some context to Nabil’s comment piece: Last month, music market …According to a new study from Pex, which monitors and analyzes copyrighted content on digital services, TikTok has the most modified audio of all major UGC platforms, including YouTube, Facebook, and Instagram.. Pex estimates that comfortably more than a third (38.03%) of all songs found on TikTok were speed or pitch-modified in …Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs.In 2020, says MRC Data (formerly Nielsen Music), ‘R&B/hip-hop’ claimed a 28.2% share of total album-equivalent consumption. That was up on both 2019 (27.4%) and 2018 (25.6%). Meanwhile, Rock was …Mar 25, 2022 · Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs. Oct 24, 2023 · 3) Introducing a minimum length of time that non-music ‘noise’ tracks must reach in order to generate royalties. This one is clever. Today, as had been seen in a number of notable cases, makers of ‘non-music noise content’ (e.g. white noise, binaural beats, whale-song etc.) get paid the same as every other creator of music on Spotify. Denis Ladegaillerie confirmed to Music Business Worldwide that, in calendar year 2019, Believe realized digital revenues of around $700m, with growth of 40% year-on-year. It employed over 1,200 staff in the year.MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an …The UK music industry’s most enjoyable night out is just six weeks away. And now we know who’ll be competing for the top prizes. Taking place on the evening of Tuesday, November 7, the A&R Awards 2023 will be held in Central London.. ALL TABLES ON THE SHOW FLOOR HAVE NOW SOLD OUT, with just two balcony tables …Feb 6, 2024 · Music Business Worldwide. The music sync industry is headed for an iceberg. It needs an upgrade. February 6, 2024. By Music Business Worldwide. Analysis United States United Kingdom MBW Views. Sync veteran Tom Stingemore on why his industry is operating inefficiently and needs to change…. Sadly, for 2023, such a comparison has been rendered impossible – because BMI’s 26-page latest annual report doesn’t include any headline revenue data. BMI has chosen to omit these figures following its announcement, a year ago this month, to switch to a for-profit business model.. There are, however, other very important numbers included …Music Business Jobs is the most effective way for the global music industry to find the best candidates for their open positions. In addition to being seen by over 300,000 monthly unique readers online, our listings are also emailed direct to more than 50,000 professional subscribers every week – across the US, UK, …“Welcome to the first year of tomorrow’s music business”. Music Business Worldwide. Analysis News United Kingdom United States MiDIA. …Apr 17, 2023 · The track, heart on my sleeve, credited to the ‘artist’ ghostwriter, has racked up more than 230,000 plays on YouTube, and more than 625,000 plays on Spotify. In addition to AI-replicated vocals of Drake, the track – a seemingly original composition – also features AI-replicated vocals of The Weeknd’s voice. In 2020, says MRC Data (formerly Nielsen Music), ‘R&B/hip-hop’ claimed a 28.2% share of total album-equivalent consumption. That was up on both 2019 (27.4%) and 2018 (25.6%). Meanwhile, Rock was … MBW and Goldman Sachs team up for our first Entrepreneur Of The Year award – and BandLab's co-founder picks up the prize. News. Spotify is chasing annual profitability. SoundCloud’s already there. Company's revenues projected to be up 9% YoY in 2023. News. The music industry risks hampering its future potential by thinking too local, too often. Music Business Worldwide (MBW) is a free and in-depth news, jobs and insight platform for the music ... Multi-award-winning producer and artist Metro Boomin today responded to a tweet which says – itself posted in reaction to the UMG news – that “just like that the TikTok era of music is over”. Metro Boomin, real name Leland Wayne, quote-tweeted said words with a gif that reads: “It’s about damn time.” Music Business WorldwideMusic Business Worldwide. News United States Roc Nation. Related Posts. Brett Yormark named COO at Roc Nation. Jay Z’s Roc Nation to launch new multimedia brand, EDITION. Jay Z’s Roc …Music tech startup Turntable LIVE has secured over $7 million in a seed round of funding, which it plans to use to power its new social music platform. The company is targeting a full public launch later this year and says it is currently working with music industry partners to be “fully legal and licensed” for the …The company also announced that it partnered with independent distributor DistroKid to allow indie artists to upload their music to Audius.. Audius also teamed up with Ampsuite, the label operations management platform owned by Beatport, to allow labels to distribute their music to Audius. “When we launched Audius four years ago, our mission …2 days ago · Symphonic Distribution, a music distributor and technology provider, has announced the launch of its third annual Women Empowered+ mentorship program, aiming to bridge the gender gap in the music industry by connecting aspiring female music industry professionals with established executives for half a year of guidance and support. A fair bit of ink in the financial press so far has been spilled on Coesfeld’s familial ties to BMG owner Bertelsmann. Coesfeld is the grandson of Reinhard Mohn, the late German billionaire who transformed Bertelsmann into a multi-pronged media empire in the 20th Century.. Many see Coesfeld’s performance as BMG boss as a potential proving …The Worldwide Independent Network (WIN), which represents independent music trade associations worldwide, announced five new board members while re-electing its Chair and Treasurer.. The 20-member board, elected annually, comprises independent music company and trade association representatives from various regions. To better …Obviously, the latter is by far the smaller part of SoundCloud’s business, but it did experience significant growth in 2020 (+156%), which SoundCloud says was the result of both an influx of new Repost subscribers, but also the general growth in royalties pertaining to increases in subscriptions and advertising revenues across music …Mar 16, 2024, 5:41 AM PDT. Shigeichi Negishi, the inventor of the first karaoke machine, has died. He was 100. Getty. Shigeichi Negishi invented the first …In the IFPI's annual Global Music Report covering the music industry 2023, revenues jumped 10% to $28.6 billion, the highest figure since 1999.MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry. Stat Of the Week is supported by Cinq Music Group, a technology-driven record label, distribution, and rights management company.. Global recorded music revenues grew 9% YoY in …Jan 10, 2024 · Of those 1.1 billion album-sale-equivalent (TAC) units in the US in 2023, 796.8 million, or 72.6%, were registered by ‘Catalog music’.. This means that ‘Current’ Music’s share of Total Album Consumption in the United States in 2023 was 27.4%, or 300.4 million TAC units. Music Business Worldwide. News United States Andy Apple Sterling Partners The B-Side We Are Giant. Latest Music Business Jobs. London, United Kingdom [Integral] – Repertoire Operations Assistant (UK) London, United Kingdom Believe Believe – Marketing Coordinator (UK)Music Business Worldwide. News United States Dan Ryland direct-to-fan Insidr music Kima Otung. Related Posts. Latin music superfans spend over 30% more on music-related activities than other music superfans in the US (report) Latest Music Business Jobs. Los Angeles, United States WARNER MUSIC GROUPSo, these days, TikTok’s relationship with the music industry is also developing at the speed of light. TikTok’s Global Head of Music Business Development, Ole Obermann, only last sat down with MBW in May, at a time when many people in the business saw the platform as being under pressure from the music industry to get …Bachelor’s Degree in Music Business or related field, and experience in live event production either at a venue, management company or agency. Job type: Operations. Location: New York, United States. Application deadline: March …. 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