1. Legendary British Magazine NME Shutters Print Edition

    March 07, 2018 10:49 AM EST This Friday's issue will be the last for the 66-year-old magazine. Citing rising production costs and a bleak advertising market, legendary British magazine New Musical Express ( NME ) will scrap its print edition after this week's issue ...

  2. Amazon CEO's Wealth Soars to New Heights While Trump's Sinks

    March 07, 2018 9:25 AM EST Amazon CEO Jeff Bezos has become the first $100 billion mogul to top Forbes' annual rankings of the world's richest people. But President Donald Trump 's fortune sank during his first year in office despite a surging stock market. T ...

  3. Sony to Share Profits From Spotify Stock Sales With Indies: Will Universal & Warner Follow Suit?

    March 06, 2018 10:06 PM EST Five years after the issue of "breakage" became a big issue in the music business, all three majors are now on board, saying they will take care of their artists by sharing unrecouped advances and liquidated equity stakes from digital se ...

  4. UK Regulator Bans Secondary Ticketing Sites From Misleading Fans Over Pricing

    March 06, 2018 9:00 PM EST Ticketmaster-owned Seatwave and GetMeIn! are among the sites taken action against. New restrictions have been placed on secondary ticketing sites in the U.K. after an investigation by a British advertising watchdog.   The Advertising Standards Aut ...

  5. Indie Labels Repeat Calls For 'Fair Share' Of Spotify Equity Payout

    March 06, 2018 2:53 PM EST Less than a week after Spotify officially filed for a public offering , indie body WIN (Worldwide Independent Network) has reiterated its call for a fair share of revenues from any future equity sale.  All three majors have committed to sharing Sp ...

  6. Universal Music Says Artists Would Benefit From a Spotify Equity Sale

    March 06, 2018 10:52 AM EST It's taken two years and an IPO, but Universal Music Group is now ready to commit to sharing with its artists the bounty it could generate from the sale of its Spotify stock. A spokesperson with the Vivendi-owned major confirmed their intent ...

  7. Ol' Dirty Bastard Estate, Link Media Launch ODB-Themed Cryptocurrency 'Dirty Coin'

    March 06, 2018 8:26 AM EST These days, it's hard to escape the craze of cryptocurrencies, the digital-first, blockchain-based alternative payment form which has seen its most (in)famous iteration, Bitcoin, explode in value in recent months . And it has quickly infiltra ...

  8. CD Baby, Now In Its 20th Year, Says It Paid Out $80M to Indie Artists in 2017

    March 06, 2018 7:47 AM EST                        Courtesy Photo Dan Rys Digital and Mobile Indies bbbiz ...

  9. Japanese Talent Agency Johnny & Associates to Launch YouTube Channel

    March 05, 2018 5:44 PM EST The notoriously anti-internet Tokyo management company Johnny & Associates (Johnny’s Jimusho in Japanese) plans to launch a YouTube channel, in a move that could signal a sea change in how the Japanese music industry views the digital marketpl ...

  10. Apple Developing Headphones to Rival Bose and... Beats: Report

    March 05, 2018 2:29 PM EST Apple is reportedly working on a line of high end over-the-ear headphones following the somewhat surprising success of its dangly AirPods, according to a new Bloomberg report. Work on the noise-canceling headphones has been going for over a year, ...

  11. Google's Expansion Plans Helping to Turn New York City Into Tech Hub

    March 05, 2018 9:05 AM EST As New York City waits to hear whether it's been chosen as the site for Amazon's second headquarters, recent moves by another tech giant, Google, to expand its footprint in the city are helping to legitimize New York's claim to be S ...

  12. How the Music Modernization Act Takes Royalties From DIY Songwriters and Gives Them to the Major Publishers (Guest Column)

    March 02, 2018 5:13 PM EST Unclaimed mechanical royalties should be maintained on deposit for as long as it takes to be distributed to their rightful copyright owners. At the end of last year, the Music Modernization Act (MMA) was introduced on Capitol Hill. Among other thi ...

  13. Tuma Basa, Outgoing Curator for Spotify's RapCaviar Playlist, Heading to YouTube: Exclusive

    March 02, 2018 1:55 PM EST Tuma Basa , Spotify’s outgoing global programming head of hip-hop, is heading to YouTube, sources tell Billboard . Spotify announced Thursday (March 1) that Basa, whose RapCaviar playlist has amassed nearly 9 million followers, had decided to leav ...

  14. Facebook Orders Lionsgate-Produced Kim Kardashian Prank Series

    March 02, 2018 12:22 PM EST "You Kiddin' Me" will be the first program produced by the studio for the social network's Watch platform. Lionsgate has pacted with Facebook on the reality series  You Kiddin' Me , a 10-episode comedy prank show executive ...

  15. Without Tuma Basa, What Role Will Spotify's Flagship Playlists Play In Its Public Future?

    March 02, 2018 12:11 PM EST Just one day after filing official paperwork to go public, Spotify announced yesterday (Mar. 1) that one of its most influential and public-facing curators, global programming head of hip-hop  Tuma Basa , was no longer at the company. The news cam ...

  16. Yamaha Promotes Tom Sumner to President of America Operations

    March 02, 2018 11:31 AM EST Musical instrument maker Yamaha has named its first American executive to its top post in the United States. The Hamamamtsu, Japan-based company announced on Friday that Tom Sumner will take over as president of Yamaha Corporation of America (YCA) ...

  17. Twitter CEO Asks for Help On 'Civility' as YouTube Stumbles

    March 02, 2018 8:46 AM EST Twitter CEO Jack Dorsey is asking for help improving the openness and civility of conversation on Twitter, saying the company failed to prevent misinformation, echo chambers and abuse of its global messaging service. In a  series of tweets  , Dors ...

  18. Canadian Government Excited About 2018 Budget; Music Industry Not So Much

    March 01, 2018 1:29 PM EST Many Canadian independent music industry professionals are clearly disappointed by Budget 2018, announced by the Government of Canada’s Department of Finance this week. Tabled by Finance Minister Bill Morneau in the House of Commons in Ottawa, Bud ...

  19. Gus Kenworthy Shares Homophobic Comments He's Received, Calls on YouTube to Restrict Hate Speech

    March 01, 2018 1:04 PM EST America’s first openly gay Olympic freestyle skier Gus Kenworthy has been unwavering in expressing who he is. But since opening up about his sexuality, he has also faced an onslaught of hateful comments online. So when Kenworthy took to Twitter on ...

  20. Spotify's Tuma Basa, Curator of Influential RapCaviar Playlist, Exits Company

    March 01, 2018 11:40 AM EST and Mobile bbbiz ...

  21. Hulu Acquires Naming Rights for Theater at Madison Square Garden

    March 01, 2018 11:02 AM EST Hulu's name is going up in lights. The streamer has inked a deal with The Madison Square Garden Co. for the naming rights to the theater that sits inside the historic New York arena.  The 40-year-old venue will now be known as The Hulu Theate ...

  22. Germany Sees 'Real Traction' in Streaming, But Music Revenues Were Flat in 2017 as CDs & Downloads Decline

    March 01, 2018 10:12 AM EST Sales figures for Germany’s music industry in 2017 have come in at nearly the same level as in 2016. Germany’s Federal Music Industry Association (BVMI) announced today in Berlin that revenue from the sale of CDs, vinyl, DVDs and downloads, as wel ...

  23. Twitter, SoundCloud & the Challenges of Growing a Social Music Strategy

    February 28, 2018 7:21 PM EST While Twitter and SoundCloud are vastly different companies, they seem to provide similar benefits to the music industry: seamless sharing and direct engagement with fans, coupled with a blank, immediate canvas for artists to express themselves an ...

  24. Spotify Files to Go Public

    February 28, 2018 3:04 PM EST Spotify officially filed paperwork for a public offering with the Security and Exchanges Commission on Wednesday (Feb. 28). The music streaming service will trade under the symbol "SPOT" at the New York Stock Exchange.  Among the informa ...

  25. Google Sued for Allegedly Breaching 'Googles' Agreement

    February 28, 2018 10:49 AM EST "Before there was 'Google,' there was 'Googles,'" begins a complaint filed in New York Supreme Court. According to the new lawsuit, Googles was initially a 1995 book titled  The Googles From Goo  before evolving into ...

  26. Gaana Raises $115 Million, Led By Tencent, as Indian Streaming Market Heats Up

    February 28, 2018 9:29 AM EST Two months after swapping shares with Spotify, tech giant Tencent is again venturing outside its Chinese comfort zone by leading a $115 million investment in Indian music streaming service Gaana. The capital infusion marks the first time Gaana has ...

  27. SiriusXM & Live Nation Announce Advanced Placement Tour With Mansionair, Mikky Ekko & NoMBe

    February 27, 2018 8:48 PM EST The 18-city trek is curated by the satellite radio broadcaster's Alt Nation channel. SiriusXM and Live Nation have announced Alt Nation’s first Advanced Placement Tour of 2018, featuring Australian trio Mansionair , Louisiana native and Inter ...

  28. Here's How You Can Go to Every Show on Metallica's Upcoming North American Tour

    February 27, 2018 12:05 PM EST Touring bbbiz ...

  29. deadmau5, Black Coffee & Pandora Execs Among Speakers Confirmed for International Music Summit in Ibiza

    February 27, 2018 11:33 AM EST Execs from Coda, WME, Burning Man, Sónar, Pandora and XL Recordings also talking at annual Ibiza conference with sexual harassment in dance culture set to be key topic    Since its inception over a decade ago, the International Music Summit has re ...

  30. Atlantic Records Launches Podcast Initiative

    February 27, 2018 11:23 AM EST Atlantic Records  announced today (Feb. 27) that the label is investing in podcasts, with a dedicated podcast production team and a podcast studio in its New York headquarters. Leading the initiative is VP Tom Mullen , who has hosted the acclaimed ...

  31. SiriusXM Parent Offers $1.16 Billion for a Piece of iHeart

    February 27, 2018 10:02 AM EST John Malone 's Liberty Media, parent of satellite radio giant SiriusXM, has proposed to buy 40 percent of terrestrial radio company iHeartMedia for $1.16 billion. The offer was sent to iHeart lenders and note holders on Monday in the form of ...

  32. Comcast Sees Rupert Murdoch's (Troubled) Bid for Sky, Raises It By 16 Percent

    February 27, 2018 8:51 AM EST U.S. cable giant and NBCUniversal owner Comcast has outlined an unsolicited $31 billion (£22 billion) takeover bid proposal for European pay TV giant Sky, offering more than Rupert Murdoch's 21st Century Fox.  NBCUniversal's parent compa ...

  33. Avid Technology, Maker of Protools, Terminates CEO Louis Hernandez, Jr. for Improper Workplace Conduct

    February 26, 2018 3:51 PM EST He has been replaced effective immediately by president Jeff Rosica. Music tech company Avid Technology, known widely for its Pro Tools editing software, announced on Monday (Feb. 26) that its board of directors terminated CEO Louis Hernandez, Jr. ...

  34. Ed Sheeran Is IFPI's Global Recording Artist of the Year

    February 26, 2018 11:00 AM EST Global trade body IFPI has some not-so-shocking news to share: pop music juggernaut Ed Sheeran was, hands down, the world’s best-selling recording artist of 2017, based on the strength of his third studio album, ÷ (Divide) , and its parade of hits ...

  35. Splice Acquires Remix Platform Pioneer Indaba: Exclusive

    February 26, 2018 9:55 AM EST The cloud-based music creation and collaboration tool Splice, famous for giving users signature sound packs designed by various electronic artists, has acquired Indaba, an online community that gives music makers the space they need to collaborate ...

  36. SiriusXM CEO Jim Meyer: The CLASSICS Act Is Seriously Flawed (Guest Column)

    February 26, 2018 9:12 AM EST SiriusXM has paid $2.2 billion for its use of post-1972 recordings; terrestrial radio has paid "nothing." Once again, lawmakers are proposing to give terrestrial radio another unfair advantage. We’ve seen this show before. With the intro ...

  37. Sony Music Chairman Doug Morris Secures Funding to Launch New Label, 12 Tone: Exclusive

    February 24, 2018 5:57 PM EST Sony Music Entertainment's non-executive chairman Doug Morris has secured funding to launch a new record label called 12 Tone Music, sources tell Billboard . Morris, 79, ceded his post as Sony Music’s CEO to Rob Stringer last April, but he is ...

  38. Neil Young Blasts Google in New Essay

    February 24, 2018 1:48 PM EST Neil Young is no fan of multinational corporations. In a lengthy new post on his Neil Young Archives site entitled Google And Artists, the rocker takes aim at one of the big ones. He begins by reminiscing about his 1996 album, Broken Arrow , then ...

  39. Airbnb Expands Music Offering With Launch Of Dedicated Concerts Platform

    February 23, 2018 2:30 PM EST Airbnb's expansion into the live music business continue to grow with the roll out of its own platform dedicated to staging concerts around the world. Launching today, Airbnb Concerts offers music fans a range of intimate, bespoke live music ...

  40. Warner/Chappell Enters Multi-Year Licensing Deal With MelodyVR

    February 23, 2018 10:01 AM EST Virtual reality content creator MelodyVR has sealed another licensing deal as it continues to prepare for long-awaited launch this year. The London-based firm announced this week that it has entered into a multi-year agreement with Warner/Chappell ...

  41. Concert Discovery App Songkick Signs Up With Facebook

    February 23, 2018 9:18 AM EST Songkick, the concert discovery app that was purchased by the Warner Music Group last July, has signed a partnership with Facebook that will integrate concerts and events from Songkick into Facebook and its 2 billion users. In addition to the Face ...

  42. Beats 1 DJ Julie Adenuga on Subcultures' Endurance, Radio's Future & Advice for Young Women in Music

    February 22, 2018 9:14 PM EST “I’m not an A-list person. I’ve never even been to Glastonbury before. The majority of people in the U.K. wouldn’t say they know me very well.” As one of the three lead DJs for Apple’s 24/7 radio station Beats 1, London-based Julie Adenuga has int ...

  43. Snapchat Chief Evan Spiegel Earned $638 Million in 2017

    February 22, 2018 2:51 PM EST Snap CEO Evan Spiegel is now one of the highest paid executives in the U.S.  The 27-year-old entrepreneur made nearly $638 million in 2017, according to documents filed on Thursday morning, thanks to a sizable stock award following the company ...

  44. Music Discovery Platform WAV Partners With Chris Lake's Black Book Records

    February 22, 2018 12:00 PM EST The artist-centric music discovery platform WAV is partnering with DJ and producer Chris Lake and Lake's label  Black Book Records focusing on "cinematic content, one-of-a-kind live stream opportunities and a dynamic team of creatives fo ...

  45. Emax Entertainment Bolsters Road to Billboard Latin Music Awards With Concerts Throughout Latin America

    February 22, 2018 10:41 AM EST Emax Entertainment is slated to produce this year's official 'Road to Billboard Latin' concert series, the mobile app announced Wednesday (Feb. 21). Joining forces with the official Billboard Latin Music Conference after a successfu ...

  46. Pandora Reports $395M in Q4 2017 Earnings, 25 Percent Subscriber Growth

    February 21, 2018 7:49 PM EST Earnings from new subscribers offset a decline in advertising revenue amounting to an adjusted EBITDA of $5.8 million. Pandora released its 2017 fourth quarter earnings on Wednesday (Feb. 21) reporting $395.3 million in revenue -- marking 7 percen ...

  47. Canada's Stingray Music Reports 14 Percent User Growth, Reaching a Third of Cable TV Subscribers

    February 21, 2018 5:07 PM EST The new figures compare January's data to September last year. The year is off to a good start for Canada's Stingray Music with a significant jump in users, according to its latest commissioned report. Fifty percent of Canadians with acc ...

  48. Vox Media Laying Off Around 50 Staffers

    February 21, 2018 10:34 AM EST In a memo to staff on Wednesday morning, Vox Media CEO Jim Bankoff announced plans to lay off around 50 employees, with the  Racked ,  Curbed ,  SB Nation , and Video Services teams "bearing the biggest impact." Additionally, he said tha ...

  49. Facebook's Latest Music Licensing Deal Is With Pan-European Rights Hub ICE

    February 21, 2018 9:36 AM EST ICE, the one-stop pan-European online rights hub, has agreed on what it describes as a "landmark" deal with Facebook. The multi-territory partnership is the social media giant's first with an online music licensing hub and provides ...

  50. The Music Modernization Act: We Can & Must Do Better (Guest Column)

    February 21, 2018 9:05 AM EST "Any law of this kind must first and foremost protect the work's creator and owner, not the administrator." The Music Modernization Act (MMA) is a huge piece of copyright legislation that would shape the way music creators are paid ...

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