Tag: Industry News
RIAA Reports Highest-Ever $15 Billion in Recorded Music Revenue
The Recording Industry Association of America released its 2021 year-end revenue statistics, reporting that overall revenue for recorded music had reached a record $15 billion, bolstered by the continued growth of streaming and vinyl sales. This year’s streaming revenues—paid subscriptions,...
New York City Lifts Proof of Vaccine Requirements for Concert Venues
New York Mayor Eric Adams has announced changes to COVID-19 pandemic restrictions. Beginning Monday (March 7), indoor settings including music venues, restaurants, movie theaters, and bars, will no longer be required to check for proof of vaccination before customers enter. Adams...
Live Nation to Cease All Business in Russia
Live Nation has announced that it will no longer promote concerts or conduct any business in Russia, NPR reports. “Live Nation joins the world in strongly condemning Russia’s invasion of Ukraine,” reads the company’s statement. “We will not promote shows...
Beach House’s Once Twice Melody Is the Best-Selling Album in the U.S.
Beach House’s new album Once Twice Melody is No. 1 on Billboard’s Top Album Sales chart this week, Billboard reports. Of the 20,300 copies the band sold in the first week, over 70% of those came from vinyl sales. Once...
Spotify CEO Addresses Joe Rogan Controversy: “We Don’t Change Our Policies Based on One Creator”
Spotify CEO and co-founder Daniel Ek has addressed the company’s handling of the ongoing controversy surrounding Joe Rogan and his Spotify-exclusive podcast, The New York Times reports. “In general, what I would say is, it’s too early to know what...
Crosby, Stills & Nash Want Their Music Removed From Spotify in Support of Neil Young
David Crosby and Stephen Stills are joining their former bandmates Graham Nash and Neil Young in requesting the removal of their music from Spotify. “We support Neil and we agree with him that there is dangerous disinformation being aired on Spotify’s Joe Rogan podcast,” the...
Bob Dylan Sells Recorded Music Catalog to Sony Music
Bob Dylan has sold the master rights to his entire recorded music catalog to Sony Music Entertainment, the company has announced. The deal also includes “the rights to multiple future releases.” Billboard estimates that Dylan’s master rights are worth over...
David Bowie’s Catalog Sold to Warner Chappell Music for $250 Million
Warner Chappell Music has acquired the global music publishing rights to David Bowie’s song catalog. WCM and the estate of David Bowie announced the news earlier today (January 3). According to a report by Variety, the catalog was purchased for...