News From the Music World
While New York and LA watch nervously, Nashville quietly amasses $9.7 billion in music power as Downtown & FUGA establish their empire. The city’s transformation reshapes the global industry.
While revenue dips 8%, BMG’s strategic shift to streaming boosts profit margins to 28.7% and strengthens its digital dominance. The music giant sacrificed concerts for a digital-first future—and it’s working.
From intimate venues to 30,136 first-week sales: How Wolf Alice’s “The Clearing” dominated charts despite industry odds. Physical formats fueled their surprising second #1 album. Critics are raving.
Virtual K-pop groups from “KPop Demon Hunters” are crushing BTS and Blackpink on global charts. Their fictional performers generate real revenue while reshaping entertainment. The music industry will never be the same.
Is old music killing new artists? Streaming platforms favor familiar tunes as catalog music dominates 70% of the market. The music industry’s economics are drastically shifting before our eyes.
Record-breaking radio royalty rates shake music industry as ASCAP and BMI secure unprecedented increases for creators. The 23.6% rate hike transforms songwriter compensation through 2029. Broadcasters finally surrender.
Spotify’s empire trembles as Hotline TNT joins the artist exodus over military AI investments and pitiful compensation rates. How many more musicians will abandon ship?
While India celebrates music consumption, artists starve on free streaming models. IFPI’s Victoria Oakley condemns this “outright theft” and demands urgent industry reform. The rest of the world moves forward.
Despite owning seven Grammys, Mariah Carey boldly declares the awards “overrated paperweights” in a popularity contest. Her relationship with the institution crumbled after feeling “scammed” in 1996.
Social media star James Marriott silences critics, leapfrogs Oasis and Sabrina Carpenter for his shocking first UK #1 album. His digital fanbase just rewrote music industry rules.
