Post Tagged with: "Music Industry"

Warner Music Group Quarterly Earnings: CEO Says ‘Business Looks Like It’s Stabilizing’
/ August 6, 2015 12:17 pm
Warner Music Group Quarterly Earnings: CEO Says ‘Business Looks Like It’s Stabilizing’

Billboard.com reports "'Favorable market trends are helping Warner Music Group right the ship, CEO Stephen Cooper said during Thursday morning's earnings call for the quarter ended June 30. With growth in streaming and slowing declines in download and physical revenues, "the business looks like it's stabilizing,' he said." . Read More

Flipagram raises $70 million to beat Snapchat and Instagram by harnessing the power of music
/ July 16, 2015 1:44 pm
Flipagram raises $70 million to beat Snapchat and Instagram by harnessing the power of music

Business Insider reports: "Flipagram wants to be the first mobile “storytelling” app to harness the power of music, and it made two huge strides toward that goal today by raising an additional $70 million in funding and inking a series of global licensing deals with major record labels.". Read More

Kobalt Launches ProKlaim Service for YouTube Royalties
/ May 5, 2014 11:41 am
Kobalt Launches ProKlaim Service for YouTube Royalties

Kobalt Music Group made an announcement last week about Kobalt’s unique technical integration with YouTube, including the launch of ProKlaim, Kobalt’s advanced detection technology, which has significantly increased revenues collected on behalf of its clients, matching over 50 million videos to date and over 1 billion YouTube streams per month. Read More

RIAA 2013 Report Shows Growth in Streaming Music Revenues
/ March 18, 2014 4:59 pm
RIAA 2013 Report Shows Growth in Streaming Music Revenues

According to figures announced by the RIAA today, the digital royalties paid by digital performance rights organization SoundExchange to recording artists and rights holders account for 8 percent of the $7 billion in total U.S. music revenues for 2013. This number grew from 6.7% in 2012 and 1.1% in 2008. . Read More

Beats Music and Merlin Ink Deal for Indie Music
/ February 6, 2014 4:40 pm
Beats Music and Merlin Ink Deal for Indie Music

Beats Music, the recently-launched music streaming service, today entered a licensing deal with global rights agency Merlin, which represents the rights of a large segment of the independent music sector. The benchmark deal ensures that the 20,000+ leading independent labels and distributors represented by Merlin’s 600 members will enjoy parity with the world’s three major record labels. Read More

TuneGo Releases Musician Discovery Platform for Artists
/ November 21, 2013 5:00 pm
TuneGo Releases Musician Discovery Platform for Artists

Hypebot reports that TuneGo has launched a new career development platform for musicians. The platform is now taking a hybrid approach of addressing the needs of music artists. Musicians can use the platform to reach music industry contacts in the music industry. . Read More

Ontario Allocates $45 Million for Funding its Music Industry
/ October 30, 2013 2:46 pm
Ontario Allocates $45 Million for Funding its Music Industry

DigitalMusicNews reports that the province of Ontario, Canada, has set aside $45 million CAD for its new Ontario Music fund. The new fund for music was pioneered by Michael Chan, Minister of Tourism, Culture and Sport. In an announcement made yesterday, Chan stated, “Ontario is the heartland for music in Canada, generating over $420 million in revenue, representing more than 80 percent of the national total.". Read More

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