Next Big Sound (a/o May 24th):
For all its issues, Sirius XM Radio remains one of the largest entertainment subscription services in the world. And, easily the biggest in music. During the latest quarter, Sirius added 622,042 net subscribers, which brings the broader total to 22.9 million.
Looks like a recent Constitutionality slap-down involving the Copyright Royalty Board (CRB) will be fodder for legal scholars, but not a practical issue for further rates proceedings. The US District Court of Appeals found appointment processes that violated Constitutional statutes, but immediately applied 'fixes' to soothe the technicalities. "All in all, it appears to have been much controversy with little practical effect," industry attorney David Oxenford told RAIN.
Roughly 32 percent of global consumers are dialed into at least one streaming platform, according to stats pulled from EMI's Global Consumer Insight dataset by analyst Mark Mulligan. The data spans the streaming gamut, from non-interactive internet radio to on-demand services like Spotify. That said, regional variations are considerable, with Sweden, Spain, and Norway showing the greatest adoption rates.
Downtown Music has named Andrew Bergman as Chief Operating Officer, reporting into Chairman and CEO Josh Deutsch.
Prince has just severed his relationship with Universal Music Publishing Group (UMPG), the end of a global relationship that dated back to 2005. "It is an exciting opportunity for Prince to consider fresh and new ideas for all his music," Prince's manager Kiran Sharma told Music Week.
Not sure if pop-heavy, 3D concert movies are your thing, but Katy Perry's Part of Me grossed $7.1 million during its opening weekend. That's considered solid for the specialized genre, but a mere fraction of first-weekend grosses raked in by Justin Bieber, Miley Cyrus, and the Jonas Brothers.
UK-based analytics firm Musicmetric is now expanding into the US, with former Maverick executive Daniel Savage leading the effort.
A Swedish House Mafia performance at Dublin's Phoenix Park over the weekend took a horrific turn, with nine stabbing victims and one overdose. The group was unaware of the incidents.
Written while listening to Moombahton (a combination of Reggaeton and Dutch House).
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