Tag Archives: music-industry

If the music streaming landscape were a horse race, Audius would be a multi-colored pigmy unicorn. The young blockchain-powered service may be hard to spot in the dust that trails stallions like Spotify and Apple Music, but it has been steadily making headway since its arrival in 2018. As “crypto” …

Six weeks ago, a group of music executives threw seven Gen Z influencers in a mansion on a 40-acre estate for a live competition that would pit the fledgling artists and songwriters against each other, with the promise of a path to fame and fortune for a sole winner. What …

Life on a concert tour is notoriously unhealthy — whether you’re the artist, a backup dancer, or a member of the crew. Work is long, hours weird, and travel incessant; meanwhile, pressures and anxieties are high, booze is everywhere, gym access is mostly nonexistent, and healthy food options are hard …

Starting October 1st, Wiz Khalifa fans will be able to order food from an online menu curated entirely by the Grammy-winning rapper. Khalifa revealed details of “HotBox by Wiz” on Monday, sharing that he’d teamed up with Nextbite — a restaurant company that distributes delivery-only brands nationwide — to launch …

As K-pop continues to devour the world, the record label and management company that developed BTS — one of the first K-pop groups to reach global superstardom in the streaming era — is looking to expand even further. Big Hit Entertainment first filed for its IPO in May, but on …

On June 9th, Cumulus Media read out on its 424 radio stations a list of black victims of police brutality, including Breona Taylor, Michael Brown, Trayvon Martin, and George Floyd. Cumulus’s tribute was supposed to air only on its urban-formatted stations. But it switched gears at the last minute and …

Producers and topliners have always had a particular dynamic: The producer usually sits behind the mixing board in the recording studio, acting as the song’s Svengali, while the topliner in the booth — the singer-songwriter who is responsible for layering lyrics and melodies over the beat — follows their lead. …

I t was the beginning of March when Don Smiley started planning for the worst. As the chief executive of Milwaukee’s Summerfest — which calls itself “the world’s largest music festival,” attracting 900,000 people over 11 days each year — Smiley was confronting a tidal wave of reports about the …

Backed by continually strong streaming growth, the recorded music business saw double-digit growth for the fourth consecutive yearin 2019, according to data from the Recording Industry Association of America’s annual revenue report released on Tuesday. Streaming making up an entire 80% of the U.S. industry’s revenue. Recorded music revenue as …

Long-term investors in Spotify required nerves of steel in 2019. Last year saw Spotify’s public valuation on the New York Stock Exchange rise as high as $28.34 billion ($157.66 per share on August 8th) but sink as low as $19.65 billion ($112.52 per share, October 1st) during a tempestuous third …