Industry

Podcasters view YouTube’s latest announcement to soon add podcasts to its YouTube Music app as an opportunity to find more listeners, according to conversations with four podcast executives — at a time when listenership has slowed. While YouTube said it is in the process of integrating RSS feeds into the platform to let podcasters automatically […]

Universal Music Group posted booming results for 2022, with revenues soaring 21.6% to nearly $10.95 billion, driven by streaming and a strong performance from its recorded music and publishing divisions. Recorded music’s revenues from streaming and subscriptions were up around 19% to over $5.6 billion, while digital revenues form publishing division were up a whopping […]

Anyone can own music and it won’t take millions of dollars—fractional ownership is now a legitimate option. EVEN IN AN economic downturn, anyone can invest in and own music. In the past, music ownership traditionally resided with five entities: major labels, independent labels, publishing companies, artists and talent managers. Now, the tide has shifted with […]

How is generative AI impacting market demand in the music and video tech space? Find out. Music technologies have been gradually evolving for years, but new innovations are now speeding up the tempo. Artists say they want technologies that will enable real creative expression and authenticity, and the developers who listen to them will be […]

The Princess of Girona Foundation and The Art House Academy launch AmplificARTE España, an educational project by and for young people that aims to “understand what reason cannot explain” Music and education to promote the emotional wellbeing of young people around the world, extolling values and promoting musical culture. These are the aims of AmplificARTE, […]

In recent years, many music superstars have sold the rights to their hits for princely sums. Bambos Eracleous, Partner, Sports, Media and Gaming charts the rise of back catalogues as an asset class. Here’s a fun fact. De La Soul’s classic 1989 album ‘3 Feet High and Rising’ features more than 70 samples. Fun fact […]

In his annual letter to the company’s staff, Universal Music Group Chairman/CEO Lucian Grainge has taken aim at the existing model for the music-streaming economy, saying it has become outdated as the format has grown and “needs to evolve.” Amid many other updates in the letter, dated Jan. 11 and obtained by Variety, he writes, […]

The global Music NFT market size was valued at USD 1350.3 million in 2021 and is expected to expand at a CAGR of 28.23% during the forecast period, reaching USD 6002.0 million by 2027. “Music NFT Market” Insights 2022 – By Applications (Primary Market, Secondary Market), By Types (Album, Single Song, Music NFT Collection, Others), […]

Despite the best efforts of the NFT community and builders leading the space into the future, the term “NFT” remains controversial for most of the internet. The mere utterance of NFTs has been enough to send fans of deceased creators into a frenzy upon learning of impending drops related to these late creators’ bodies of […]

On December 27, NetEase Cloud Music announced that it had reached a framework for cooperation with Kuaishou Music in the fields of copyright, song promotion and musician co-development. Kuaishou Music will access the copyright service platform “Yuncun Exchange” under NetEase Cloud Music, and NetEase Cloud Music will arrive at the music publicity backstage in Kuaishou […]