TikTok has become known for making music go viral. But how much is it paying the artists behind those songs? According to Goldman Sachs’ annual Music in the Air report, not much. In the latest episode of Music Business Worldwide’s Mbw Podcast, the outlet’s founder, Tim Ingham, broke down Goldman Sachs’ report (along with other […]
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- 7/6/2022
- by James Hale
- Tubefilter.com
If the music business were allowed to write its own history, every year’s chronicle would glow with variations on the same theme — the words “transformation,” “revolution,” and “record-breaking sea change” chief among the lexicon — ad nauseam. But in the peculiar shadow of 2020, these bombastic end-of-year appraisals, for the first time, are quite accurate. Without lucrative live shows and a predictable event calendar, the industry — from record labels to artists to jaunty financial entrepreneurs — went off its rails in search of new revenue streams and new points of connection to music fans.
- 12/23/2020
- by Amy X. Wang, Ethan Millman, Tim Ingham, Samantha Hissong and Simon Vozick-Levinson
- Rollingstone.com
Liam Gallagher is rarely at a loss for words, snide or otherwise. But during a recent interview with Rolling Stone, the singer was left momentarily speechless after being informed that “Wonderwall,” the monster 1995 ballad he sang with his old band, Oasis, is on its way to approaching 1 billion streams on Spotify.
“That’s pretty big, man,” Gallagher says, finally, as if it took a few seconds for the enormity of that figure to sink in. Then the old Liam, the one who loves to bash his songwriting brother, Noel, returns.
“That’s pretty big, man,” Gallagher says, finally, as if it took a few seconds for the enormity of that figure to sink in. Then the old Liam, the one who loves to bash his songwriting brother, Noel, returns.
- 9/24/2020
- by David Browne
- Rollingstone.com
The recorded music divisions of the Big Three record labels (Universal Music Group, Sony Music Group, and Warner Music Group) generated more than $1 million every hour from streaming alone in Q4 last year. When Music Business Worldwide announced these calculations last week, it caused a stir in the global music business. The figure — based on corporate, publicly stated investment data by Universal Music Group parent Vivendi, Sony Music Group parent Sony Corp., and Warner Music Group — represents a landmark moment in the recovery of the record industry’s biggest companies.
- 3/2/2020
- by Tim Ingham
- Rollingstone.com
Rolling Stone‘s parent company Penske Media Corporation announced on Monday a strategic investment in Music Business Worldwide — a deal that brings the two publications closer than ever before, adds another heavyweight to Pmc’s family of media brands, and further enriches Rolling Stone‘s coverage and analysis of the global music industry.
The substantial equity investment strengthens the global content partnership that Rolling Stone and Music Business Worldwide first struck in 2018. Under the new partnership, Mbw — which was founded in 2015 to service the music industry with breaking news and...
The substantial equity investment strengthens the global content partnership that Rolling Stone and Music Business Worldwide first struck in 2018. Under the new partnership, Mbw — which was founded in 2015 to service the music industry with breaking news and...
- 2/11/2020
- by Rolling Stone
- Rollingstone.com
Spotify’s free tier is one of the modern music industry’s most controversial talking points — and one of the Swedish company’s strongest competitive advantages.
Spotify has regularly proffered the following justification for its “freemium” model: In a world where YouTube and piracy sites allow any of us to access most of the world’s recorded music without paying a bean, Spotify needs to be able to offer the same level of cost-free convenience to thrive. This is good news for artists and the industry, says Spotify, because “free...
Spotify has regularly proffered the following justification for its “freemium” model: In a world where YouTube and piracy sites allow any of us to access most of the world’s recorded music without paying a bean, Spotify needs to be able to offer the same level of cost-free convenience to thrive. This is good news for artists and the industry, says Spotify, because “free...
- 4/22/2019
- by Tim Ingham
- Rollingstone.com
Tim Ingham is the founder and publisher of Music Business Worldwide, which has serviced the global industry with news, analysis and jobs since 2015. This is the first in a series of weekly columns for “Rolling Stone.”
They say if you want the truth, follow the money. So if you want the truth behind the truth, you should probably follow the world’s richest people.
According to Forbes, Len Blavatnik is the 27th-wealthiest individual in the United States, with a net worth of $17.9 billion.
In July 2011, Blavatnik, via his Access Industries,...
They say if you want the truth, follow the money. So if you want the truth behind the truth, you should probably follow the world’s richest people.
According to Forbes, Len Blavatnik is the 27th-wealthiest individual in the United States, with a net worth of $17.9 billion.
In July 2011, Blavatnik, via his Access Industries,...
- 11/2/2018
- by Tim Ingham
- Rollingstone.com
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