Latest Industry: XXXTentacion, Music Goosebumps, UTA, MMF, SOCAN, Paul Simon, iHeartMedia

Music Industry Latest - XXXTentacion, Music Goosebumps, UTA, MMF, SOCAN, Paul Simon, iHeartMedia

An elderly couple gets targeted after XXXTentacion’s tragic death.

An elderly couple has received death threats after an Instagram post linked their home address to XXXTentacion’s murder.  Police in Cape City are protecting Laurie Bernard and her husband after a 20-year-old man, Jesse Gonzalez, showed up at their home posing as a pizza delivery man.  He reportedly told the couple he wanted to confront the person “who killed his friend.”


XXXTentacion breaks Taylor Swift’s Spotify streaming record.

A day after his death, XXXTentacion has broken Taylor Swift’s single-day streaming record on Spotify.  ‘SAD!’ had 10.4 million streams, surpassing Swift’s 10.1 million for ‘Look What You Made Me Do.’


Marshmello signs with Kobalt.

Marshmello has signed a deal with Kobalt that includes publishing administration and synchronization for all future works as well as the DJ’s back catalog.  Terms of the deal were not disclosed.  A source close to the DJ has denied a report from Hits valuing the deal at $10 million.


UTA launches a podcast network for YouTubers.

United Talent Agency has partnered with YouTuber Cadence13 to launch a podcast network.  Dubbed Ramble, the network is devoted exclusively to YouTube content creators.  Ramble provides members with resources to tape podcasts, sell advertising, and plan live events.  The first members include Rhett and Link.


Industry announces a marketing partnership with YouTube Music.

Design and marketing firm Industry has partnered with YouTube.  The firm has unveiled a marketing campaign that includes brand films, photography, audiovisual components, graphics, major artist partnerships, social media, and out-of-home advertisements in the US.   Earlier, YouTube promised to unleash the largest advertising campaign in its history for YouTube Music.


MMF unveils new board members.

UK-based Music Managers Forum (MMF) has elected two new members to its board – Red Light Management’s Lisa Ward and ILUVLIVE’s Rachael Bee.  In addition, the MMF announces the re-election of three board members – Everybody’s Adam Tudhope, Ferocious’ Kwame Kwaten, and ATC’s Ric Salmon.  Rocket Music’s Erik Nielsen and Woof Music’s Joey Swarbick have stepped down from the board.


SOCAN reports seventh “record-setting” year in a row.

SOCAN has announced its financial results for the fiscal year ending December 31st, 2017.  The Canadian performance rights organization collected $352 million ($265 million in the US) in total revenue, an 8% jump over 2016.  SOCAN distributed $295 million ($222 million in the US) to its members.  The PRO reported a 44% increase in revenue to under $49 million (around $36.5 million in the US) from internet sources and a 13% increase in international royalties to $76 million ($57 million in the US).


The Prince estate won’t consider granting TIDAL exclusive streaming rights.

A lawyer for the Prince estate has denied a recent request from the singer’s siblings, dubbing it “meritless.”  The siblings wanted the estate to reconsider a deal with TIDAL to grant the beleaguered streaming music platform ‘exclusive rights’ to an album of unreleased material.


Billboard’s Aki Kaneko joins OVG.

Oak View Group (OVG) has named former Billboard executive Aki Kaneko as Vice President of Sales and Sponsorships.  He had worked with Billboard for nearly 20 years.  Kaneko starts on June 25th and will report directly to OVG Media & Conferences President Ray Waddell.


Venue Coalition promotes Jordan Racine and hires Teresa Guy.

Venue Coalition has promoted Jordan Racine to Booking and Operations Manager.  The venue consulting organization has also welcomed Teresa Guy, who will serve as Booking Manager.


BIGSOUND Festival confirms first wave of speakers.

Australia’s BIGSOUND Festival has announced its first round of speakers for its upcoming music discovery event.  Scheduled for September 4th to the 7th, confirmed artists include A. Swayze & The Ghosts, Ella Hooper, Kaitin Keegan, MANE, and Tyne-James Organ, among 70 other artists.


Hopeless Records celebrates 25 years.

Celebrating its 25th anniversary this year, Hopeless Records has debuted a new logo.  Speaking on the milestone, Louis Ponsen, the label’s Founder and President, said,

“From being dared to release a 7 inch, 25 years ago, too many top five records, Hopeless has been an amazing journey of learning, laughing, and loving.  I am truly lucky, honored, and privileged to be on this journey with such an incredible artist roster, team of people, and wonderful music community.”


Paul Simon confirms his final show.

Paul Simon has announced the final concert of his Farewell Tour at Flushing Meadows Corona Park in Queens.  Simon and his band will perform on Saturday, September 22nd.


FanFair Alliance begs Google to stop selling top spots to ViaGoGo and StubHub.

UK consumer advocacy group FanFair Alliance has called on Google once again to cut ties with secondary ticketing websites including ViaGoGo and StubHub.  According to a new study from the advocacy group, the ticketing sites paid Google to top web searches for tickets to popular concerts.


AT&T provides Pandora and Amazon Music subscriptions to customers.

AT&T/Time Warner has announced that its 142 million subscribers will have access to Pandora’s on-demand music service as well as Amazon Music Unlimited.  ‘&More Premium’ subscribers can add the services at no additional cost.


Streaming kills two record stores overseas.

Following the success of streaming music services in China, Hong Kong Records will close two staple brick-and-mortar shops in Pacific Place and Harbour City.  Owner Siu King-chin blamed steady losses over the past three years for the closure.


Why do we get goosebumps from our favorite tracks?

Researchers at Harvard University have discovered why music gives people goosebumps.  The intensity of lyrics, rising pitch, harmonic intervals, and a collective crowd singing at concerts emerged as key factors in giving people goosebumps.  Rock music was voted as the genre most likely to give goosebumps, followed by Pop and Indie.


iHeartMedia’s lavish bonus plan is approved.

A bankruptcy court in Texas has approved iHeartMedia’s plan to pay top executives up to $25 million in bonuses.  US Bankruptcy Judge Marvin Isgur approved the company’s plans to pay its CEO and nine other top executives between $8.3 million to $24.9 million in bonuses.


Drake & Migos becomes the most expensive Hip-Hop Concert of 2018

Drake & Migos has topped TickPick’s list of Top 10 Most Expensive Hip-Hop Concert Tours for 2018.  Beating out Beyoncé and Jay-Z, tickets for upcoming Drake & Migos performances went for $189.18 on average.  Chris Brown, Logic/NF/Kylie, and G-Eazy/Ty Dollar Sign/Lil Uzi Vert concerts had the lowest average purchase price at $68.95, $68.50, and $57.66, respectively.