Apple Bought a Record Label; 10K Projects, Warner Music Launch Venture; UMG, Deezer Reveal Plans for Streaming Payouts
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Apple Bought a Record Label; 10K Projects, Warner Music Launch Venture; UMG, Deezer Reveal Plans for Streaming Payouts
1785 | Your Daily Dose of Music Streaming News
Apple just bought a record label...
BIS Records is a 50-year-old classical music label founded in 1973 by Robert von Bahr, focusing on more obscure and underrecorded music. The award-winning label is also known for its focus on audio quality.
Elliot Grainge's 10K Projects Launches Joint Venture With Warner Music
According to the announcement, the label, which was founded by Elliot Grainge — son of Universal Music chairman/CEO Lucian Grainge — in 2016, will become a standalone label within the WMG ecosystem, bringing its roster and team into the WMG fold.
Spotify tests restricting lyrics feature to paying subscribers
For some time now you’ve been able to read the lyrics of tracks while playing them on Spotify, via a swipe-up panel on the Now Playing screen.
UMG and Deezer reveal plans for ‘artist-centric’ streaming payouts
“The goal of the artist centric model is to mitigate dynamics that risk drowning music in a sea of noise and to ensure we are better supporting and rewarding artists at all stages of their careers whether they have 1000 fans or 100 thousand or 100 million,” said UMG’s EVP and chief digital officer Michael Nash as the model was announced.
Spotify will reportedly restrict ad payouts for white noise podcasters
Starting October 1st, ‘white noise podcasters’ will no longer be permitted to participate in Spotify’s Ambassador Ads program.
Misaligned incentives make the music business a zero-sum game
“Pop Stars Aren’t Popping Like They Used To”, Billboard’s Elias Leight writes in a recent article, in which record label executives stress over the struggle to break new artists.
Apple Music reveals sharp growth for streams of African music
French recorded-music revenues grow, but industry isn't happy
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