Merck Mercuriadis slams ‘tragedy’ of UK streaming inquiry outcome for songwriters, as record labels applaud industry’s ‘strong progress’ - Music Business Worldwide

In July last year, a cross-parliamentary committee in the UK called for the country’s government to take action on a number of music industry issues regarding streaming payouts.Within that inquiry report, the MPs called for a “complete reset” of music streaming.One of the standout recommendations from the DCMS report was that the majors’ dominance of […]

Naxos Founder Klaus Heymann on Classical Music's Evolution - Digital Music News

6  −  five  =  .hide-if-no-js { display: none !important; } 6  ×  four  =  .hide-if-no-js { display: none !important; }  −  6  =  two .hide-if-no-js { display: none !important; } Photo Credit: Klaus Heymann © HNH International LtdWhen Klaus Heymann entered the classical space in the 1980s, his label Naxos delivered affordable access to the […]

Music Industry Competition Watchdog Finds Alarming Trends Across The Sector - Forbes

MIAMI, FLORIDA - AUGUST 30: Bad Bunny performs live on stage during the Spotify ¡Viva Latino! Live … [+] on August 30, 2019 in Miami, Florida. (Photo by John Parra/Getty Images for Spotify)U.K. competition watchdog, The Competition and Markets Authority (CMA), stated that more than 80% of recorded music was at present listened to via […]

Global Audio Streaming Services Market Analysis/Growth Report 2022: Digital Streaming Platforms Revolutionizing the Consumption of Music, Podcasts, and Audiobooks - ResearchAndMarkets.com - Business Wire

DUBLIN-(BUSINESS WIRE)-The “Growth Opportunities in Global Audio Streaming Services” report has been added to ResearchAndMarkets.com’s offering. In 2021, the global audio streaming services market earned revenues of $31.35 billion, which is up 18.8% when compared to 2020. Going forward, the audio streaming services market will continue to grow at double-digit revenue rates during the entire […]

Gorillaz "Skinny Ape" Single Stream - HYPEBEAST

Gorillaz continues to push the boundaries of live musical performance with their AR music video performances of their latest single “Skinny Ape.”Murdoc, 2D, Noodle and Russel are set to literally tower over fans at Times Square and in Piccadilly Circus on December 17 and December 18 for a “first-of-their-kind immersive experiences” which will be directed […]

UK music streaming services not making excessive profits, says watchdog - The Guardian

CMA’s findings will disappoint many artists who have struggled to make a meaningful income from streamingThe world’s biggest record labels and streaming services are not making excessive profits at the expense of artists struggling to make a living from the digital music revolution, a long-running investigation by the UK competition watchdog has concluded.The Competition and […]