2024 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.

 
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 …. Music business worldwide

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 …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 …Amazon launched its Fire cell phone in 2014, but was unable to sustain its business profitably and abandoned it the following year; Microsoft abandoned …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 …Today’s entertainment market is increasingly global. The music industry risks hampering its future potential by thinking too local, too often. Music Business …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 …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.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. 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 …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.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 …Kobalt Music – Coordinator, Writer & Publisher Relations (US) Required: previous relevant music administration and/or music publishing experience as well as a strong interest in emerging industry trends, services, and technologies. Location: New York, United States. Application deadline: April 11, 2024. Music Business Jobs AMRA.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 …The global music market was worth $26bn in 2021. 22 March 2022. By Mark Savage,BBC Music Correspondent. Getty Images. BTS were the biggest …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. The global music publishing market was worth an estimated €7.68 billion ($9.07bn) in 2021, versus an estimated €6.51 billion in 2020. That’s according to the IMPF, the organization that represents independent music publishers internationally, which recently published its new ‘Global Market View’ report. (That’s not a typo above: Due to … 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 ... 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 …Romania’s Global Records is an independent heavyweight. Founded in 2008 by Lucian Ștefan, the Bucharest-headquartered music company reports to have generated 11 billion streams to date, and boasts a catalog of over 1,000 recordings and more than 1,100 songs.. Global has good reason for claiming to …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.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 …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 …Jan 4, 2024 · 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. In September 2020, Songtradr invested $1m in music credit resource Jaxsta, inks exclusive partnership. With teams in 16 countries worldwide, Songtradr says it has grown from being a music tech product for independent artists to a “multi-disciplined, end-to-end solution for music buyers, brands and rights holders”. Music Business WorldwideMusic Business Worldwide. Latest Music Business Jobs. London, United Kingdom [Integral] – Digital Supply Coordinator (UK) Washington DC, United States SoundExchange SoundExchange – Director, Sound Recording Rights Management (US) London, United Kingdom NETTWERKSep 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 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, Europe, …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 …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”.The global music publishing market was worth an estimated €7.68 billion ($9.07bn) in 2021, versus an estimated €6.51 billion in 2020. That’s according to the IMPF, the organization that represents independent music publishers internationally, which recently published its new ‘Global Market View’ report. (That’s not a typo above: Due to …November 8, 2023. By Music Business Worldwide. Credit: Alex Davison / MBW. Danny D (aka Danny Poku) and Tim Blacksmith brought the night to a close with a speech that brought the house down, collecting the Sir George Martin Award.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 …In that op/ed, Mercuriadis noted: “The recorded music side of the business today is getting 4/5ths of the revenue, operating on an 80% gross margin and a 40% net margin – and in most cases record companies own catalogue music masters in perpetuity. Very few famous artists own their masters.Warp Publishing – Head of Publishing (US) Required: 8+ years experience working in music publishing or other relevant experience within sync, score and A&R, in a role combining creative and business skills. Job type: Production. Location: Los Angeles, Hybrid. Applications for this position have now closed.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). 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 ... Feb 8, 2024 · Within that figure, recorded music streaming revenues were up 11.4 % YoY at constant currency to $887 million; Recorded music subscription streaming revenues were up 12% YoY on a normalized, constant currency basis to $644 million. Music publishing revenues – at Warner Chappell Music – were up 19.7% YoY at constant currency to $304 million. In another case, Sony Music and Warner Music Group are seeking $1.6 billion. Another closely-watched case was filed by the major recording …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 …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."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 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 the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking …Variety reported in February that Sony Music Group was in negotiations to acquire 50% of Jackson’s music rights for a price-tag in the region of $800 to $900 million. A source close to that process has suggested that the number may end up slightly lower than that figure, at between $700 million and $800 million. Music Business Worldwide“The music industry has evolved, and independent artists are bucking tradition and approaching their careers in new, savvy ways,” Tibon said in a statement. “At Duetti, we are dedicated to making the industry more transparent and unlocking new opportunities for independent artists who are normally overlooked by the investment …Global recorded music industry revenues topped $20bn last year – but streaming growth slowed. The global recorded music industry generated $20.2bn in wholesale revenues – that’s the money making its way back to labels and artists – in 2019. This figure was up 8.2% on the prior year ($18.7bn), according to official industry data revealed ...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. 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 …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 …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 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 …Private equity firms have poured billions of dollars into music, believing it to be a source of growing and reliable income. Investors spent $12 billion on …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 GROUPFounded in 2021, HarbourView Equity Partners has acquired over 45 music catalogs to date and owns a catalog of over 26,000 songs, encompassing both master recordings and publishing income streams.. Now, the company, led by former Tempo Music CEO Sherrese Clarke Soares, has amended its senior secured credit facility, led by Fifth …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 …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 …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, …Sony’s global music publishing operation derived $343.9 million of its quarterly revenues in the calendar Q4 2023 period from streaming.. That publishing streaming figure was up 17.3% year-on-year.. Sony’s global music profits. Sony Corp also today issued some profit numbers for its corporate Music division in the three months to …Music Business Worldwide. Latest Music Business Jobs. Los Angeles, United States WARNER MUSIC GROUP Warner Music Group – Director, Creative Services (US) London, United Kingdom THE ORCHARD The Orchard – Classical Sales & Label Director 12 Month FTC (UK) Los Angeles, United States SONY MUSICThe 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 …Sony Music, hampered by a steep decline in physical sales (down by $261m year-on-year) in a transitional year, saw its total recorded music revenues grow by a smaller margin, up 1.7% to $3.92bn. Warner’s recorded music revenues grew by 11.8% annually, with revenues across all formats and recorded music activities hitting $3.5bn in 2018.Nov 21, 2023 · Music Business Worldwide broke the news last month that major changes were coming to Spotify‘s royalty model in Q1 2024. Now Spotify has confirmed precisely what those changes are. The music streaming company has published a new blog post on Spotify for Artists introducing what it calls “new policies to better support those most dependent ... 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 …The music industry of 2024 is in a very different state of health than it was a decade ago: global recorded music trade revenues in 2014 were less than half the size that they are today, according to IFPI data.. But what do the next ten years of the global music business hold for the industry? And how can its biggest …Amongst the highlights pointed to within Live Nation’s latest results (for Q3 and the first nine months of the year) were that a record number of fans have attended its own shows this year.. Live Nation reports that it has sold 140 million tickets to its shows year-to-date, up 17% YoY – with that number already surpassing its FY 2022 total of 121 …Jan 30, 2024 · In addition to the swift closure of BMG’s film/TV and live music initiatives – both launched by Masuch – Coesfeld has just announced the promotion of Thomas Scherer, formerly BMG’s de facto head in the US, to run BMG’s global recorded music catalog division. (Scherer continues to additionally run BMG’s US publishing operation). MBW is the leading information service for the global music industry, covering news, analysis, awards, magazine and jobs. Read testimonials from top executives who subscribe to MBW for its …4 days ago · In July 2022, veteran music executive and producer Irv Gotti (Irving Lorenzo), the founder of rap label Murder Inc, sold a stake in his master recordings to Iconoclast in a deal worth $300 million. Sam Roseme and Peter Paterno of King, Holmes, Paterno & Soriano, LLP. represented Iconoclast, and Don Friedman of Grubman, Shire, Meiselas & Sacks ... Music Business Worldwide. News United States Spotify The MLC. Related Posts. Neil Young’s music to return to Spotify. Spotify challenges YouTube, launching music videos for Premium users in 11 markets. Global consumption of music from India soared 2,000% in 5 years on Spotify.Warp Publishing – Head of Publishing (US) Required: 8+ years experience working in music publishing or other relevant experience within sync, score and A&R, in a role combining creative and business skills. Job type: Production. Location: Los Angeles, Hybrid. Applications for this position have now closed.Music 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 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 …Islington Assembly Hall – Sessional Venue Staff (bars, cloakroom, box office) – UK. Seeking individuals who with the ability to work to the highest standards, juggling competing priorities and demonstrating resilience to pressure and retaining due professionalism at all times -. Job type: Operations. Location: London, United Kingdom ...The Circuit Group, a music company founded by music industry veterans from artist management firms Seven20 and AYITA, has partnered with dance music company Defected Records to bolster their North American and UK expansions.. Under the terms of the agreement, Circuit will offer its services to …Oct 28, 2023 · (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. Music Business Worldwide (MBW) is the leading information and jobs service for the global music industry. It publishes two podcasts: The weekly series, Talking …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 …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 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. 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”.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. 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Feb 29, 2024 · Senior music industry sources, however, have disagreed with this assessment. Speaking to MBW, a number of music execs have estimated that somewhere between 60% and 80% of “relevant repertoire” on TikTok – i.e. current and proven hits – would be impacted by TikTok’s removal of UMG’s (combined) publishing and recorded music repertoire. . Pizza metro

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The $2.330 billion figure was up 8.3% year-on-year (vs. calendar Q3 2022) at US dollar-converted constant currency.. In monetary terms, Sony’s overall music rights operation (recorded music plus music publishing) generated approximately $177.8 million more in calendar Q3 2023 than in the prior-year …Music Business Worldwide. Analysis News United States Sweden 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.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. Feb 8, 2024 · Within that figure, recorded music streaming revenues were up 11.4 % YoY at constant currency to $887 million; Recorded music subscription streaming revenues were up 12% YoY on a normalized, constant currency basis to $644 million. Music publishing revenues – at Warner Chappell Music – were up 19.7% YoY at constant currency to $304 million. Music Business Worldwide. News United States United Kingdom Blokur Jeremy Verba Music Reports Phil Barry Songdex. Related Posts. Harry Fox rival Music Reports acquired by private equity firm MidOcean Partners. Pandora looks to avoid Spotify’s royalty lawsuits with Music Reports deal.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 …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, …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 As MBW revealed last week, Sony’s music divisions (Sony Music Group plus its Japan-based music companies) jointly generated $7.49 billion in 2021 across music publishing and recorded music. That $7.49bn figure (at USD-level constant currency) was up 23.9% year-over-year, or by a handsome $1.44 billion …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. …Sony Music, hampered by a steep decline in physical sales (down by $261m year-on-year) in a transitional year, saw its total recorded music revenues grow by a smaller margin, up 1.7% to $3.92bn. Warner’s recorded music revenues grew by 11.8% annually, with revenues across all formats and recorded music activities hitting $3.5bn in 2018.Daniel Ek cashes out another $57.5m in Spotify stock, just three months after he banked $64m, and 6 months after he offloaded $100m in shares. Denis Simms takes a long view on how the ‘customisable services’ model, combined with new tech, will affect the industry’s future….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 …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 …SoundCloud: ‘Fans’ vs. ‘Creators’ business. In 2021, SoundCloud divided its business into two simple categories: (i) Fans – covering ad sales monetization of music streaming, plus payments from listeners who subscribe to SoundCloud’s paid-for subscription streaming offering; and (ii) Creators – …Rolling Stone ‘s parent company Penske Media Corporation announced on Monday a strategic investment in Music Business Worldwide — …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.Feb 15, 2024 · Stewart’s catalog includes ten No. 1 albums and 31 Top 10 singles in the UK, six of which reached No. 1 plus 17 Top 10 albums, with four reaching No. 1 and 16 Top 10 singles in the U.S. Billboard ranked him as the 15th Greatest Artist of all time (6th among male soloist), he’s also the 13th Greatest Billboard 200 Artist of all time, the 2nd most successful British solo artist of all-time ... 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."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 …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 …Jan 22, 2024 · Apple Music rival Spotify does not currently offer Spatial Audio on its platform. Spotify is rumored, however, to be preparing a ‘Supremium’ tier that offers 24-bit Lossless music and the ability to make playlists with artificial intelligence at a monthly subscription price of $19.99 per month. Music Business Worldwide 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.’ ...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. …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 …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. 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 …Islington Council – Sessional Venue Staff (bars, cloakroom, box office) – UK. Seeking individuals who with the ability to work to the highest standards, juggling competing priorities and demonstrating resilience to pressure and retaining due professionalism at all times -. Job type: Operations. Location: London, United Kingdom. Application ...Founded in 2021, HarbourView Equity Partners has acquired over 45 music catalogs to date and owns a catalog of over 26,000 songs, encompassing both master recordings and publishing income streams.. Now, the company, led by former Tempo Music CEO Sherrese Clarke Soares, has amended its senior secured credit facility, led by Fifth …Over in Japan, the world’s second-largest recorded music market, superfans arguably form the backbone of the country’s music industry. Subscription music streaming was a half-a billion-dollar-plus business in Japan in 2022, reaching 75.62 billion yen or USD $575 million. But in contrast to streaming trends in mature music markets around the ...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 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 …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.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. Joining Music Business Worldwide founder, Tim Ingham, on this MBW Podcast is Scott Cohen, the CEO of JKBX.. JKBX is a new platform that enables investors (including so-called ‘retail investors’) to acquire royalty shares in hit songs. It will, in future, also allow you to trade those royalty shares by selling them to others.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 …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. 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. Islington Council – Sessional Venue Staff (bars, cloakroom, box office) – UK. Seeking individuals who with the ability to work to the highest standards, juggling competing priorities and demonstrating resilience to pressure and retaining due professionalism at all times -. Job type: Operations. Location: London, United Kingdom. Application ...Make yours sing. 1. Always on the money. When lots of your cash has to travel around the world, it can be difficult to manage. But thanks to Centtrip’s …May 26, 2023 · The settlement – known as ‘Phonorecords IV’ or ‘CRB IV’ – will see songwriters and music publishers paid a headline rate of 15.35% of a given interactive streaming service’s US revenue by 2027, phased in over the five-year term. Music Business Worldwide Listen to podcasts on the latest topics and trends in the global music business, from streaming to AI, from catalogs to superfans. Interviews with …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 ... Rather than pointless infighting, the music business should unite instead and “grow the pie”. That message is palpably different to the ones now being delivered by the labels themselves. From the heads of the majors, there is widespread consensus that the way in which streaming revenues are distributed needs urgent reform.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 …Music Business Worldwide has been crunching a veritable mountain o’ numbers today (August 9).. That’s because the past 48 hours have seen two major music companies – Warner Music Group (WMG) and Sony Music Group (SMG) – post their calendar Q2 revenue/profitability figures for investors. (Sony did so …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 … 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 ... Music Business Worldwide. News United Kingdom BBC 6 Music Steve Lamacq. Related Posts. BBC Radio 1 has lost 2m listeners in 5 years… as 6 Music keeps growing. Latest Music Business Jobs. London, United Kingdom [Integral] – Repertoire Operations Assistant (UK) London, United Kingdom BelieveJan 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. The US recorded music industry saw total revenues rise by 9.2% in 2020 to $12.15bn on a retail basis. As previously predicted by MBW , that was up by over $1bn on the $11.13bn the market generated across all formats in 2019.They have worked together for several years and all move up from previous positions at AWAL, having joined before Sony acquired the company from Kobalt in 2021 for $430 million (a process that needed to go through regulatory approval from the Competition and Markets Authority (CMA) before being given …Oct 23, 2023 · Over in Japan, the world’s second-largest recorded music market, superfans arguably form the backbone of the country’s music industry. Subscription music streaming was a half-a billion-dollar-plus business in Japan in 2022, reaching 75.62 billion yen or USD $575 million. But in contrast to streaming trends in mature music markets around the ... 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. This week saw Warner …Amongst the highlights pointed to within Live Nation’s latest results (for Q3 and the first nine months of the year) were that a record number of fans have attended its own shows this year.. Live Nation reports that it has sold 140 million tickets to its shows year-to-date, up 17% YoY – with that number already surpassing its FY 2022 total of 121 …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…. . 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