News From the Music World
Popular Australian rock band King Gizzard dumps Spotify over CEO’s warfare investments, offering their entire catalog on Bandcamp. Musicians are turning their backs on streaming giants. War profits are the new battleground.
Reservoir Media’s jaw-dropping $60M acquisition of Miles Davis’ legacy challenges indie labels’ limits. The jazz icon’s music rights deal signals a bold industry power shift. Big players should worry.
While 100+ million Americans pay for streaming services, U.S. music industry growth has hit an alarming slowdown. Revenues exceed $5.6B, but the industry’s golden era might be ending.
Radiohead’s revolutionary move shatters the status quo: partnering with Openstage to reclaim fan data from corporate ticketing giants. The music industry may never be the same.
Old hits are stealing your spotlight. ARIA’s chart revolution gives fresh talent a fighting chance after decades-old songs dominated Australian music rankings. New artists deserve better.
UMG’s $775M takeover of Downtown Music crashes into EU antitrust wall. Independent labels fight back as regulators question if the giant’s 40% market control threatens music’s creative soul.
Contrary to expectations, the music stocks crushing the market aren’t industry giants but female-founded independents and Asian platforms. Traditional powerhouses struggle while specialized players deliver superior returns. The future belongs to the unexpected.
Is British music autonomy dead? Warner Music strips UK labels of independence as US executives seize direct control. $170M in cuts reshape the industry’s future.
Sony Music boldly poaches UMG executive to dominate the direct-to-consumer battlefield. Traditional sales channels crumble as major labels wage war for fan dollars. The music industry’s balance of power just shifted.
Musicians may earn just a penny per stream under Rep. Tlaib’s revived bill that could hike subscription prices by 50%. Big Tech platforms won’t be happy about this disruption.
