Latest Industry: Facebook, Spotify & Samsung, Drake, Ticketfly, MelodyVR, Pussy Riot, Downtown, More…

Music Industry Latest - Facebook, Spotify & Samsung, Drake, Lucian Grainge, MelodyVR, Pussy Riot, Downtown, More...

Facebook hemorrhaging users as YouTube balloons.

Online market research firm SimilarWeb is now predicting that Facebook will become the third-largest site in the US.  In the past two years, Facebook’s monthly visits have fallen from 8.5 billion to 4.5 billion.  YouTube has slowly gained ground, now virtually tied with Facebook.  Google remains the most-visited site in the US with 15.2 billion monthly visits.

The firm also found that YouTube has become the “primary entertainment/information source for the younger generation.”  The video platform has expanded in popularity thanks to “growing openness among consumers” to video.


UMG says they can “accelerate artist careers” better than anyone.

According to Universal Music Group (UMG) CEO Lucian Grainge, thanks to his label’s commanding leadership, UMG is resoundingly ahead of other major labels and music companies.

Speaking at the annual Capitol Congress event in Hollywood, Grainge told music industry partners,

“Our barometer for success is not just market share – although obviously if it was we’re doing pretty well.  Our barometer of success is creating companies that the best artists want to sign to, because they know we can accelerate their careers beyond anyone else in any other system or at any other structure.”


Drake reaches 50 billion streams.

UMG’s Republic Records has announced Drake is now “the first artist to surpass 50 billion streams across all global streaming platforms.”  It remains unclear whether Republic Records’ total count includes collaboration tracks.


Has the music industry ‘whitewashed’ R&B?

R&B singer Eric Benet has lambasted music industry executives for prioritizing white R&B singers, including Adele and Sam Smith, over black artists like himself.

Pushing back against statements the genre is dying, Benet told TMZ’s Van Lathan,

“The art form that I fell in love with is not dying.  It’s still there.  It seems like they want to hear it, but they want to hear it more when it’s not from black people.”


Russian authorities block a Pussy Riot member from traveling.

Russian officials have reportedly prohibited Maria Alyokhina, member of the controversial group Pussy Riot, from exiting the country to promote her latest book.  From Moscow’s Domodevo Airport, she tweeted,

“The guys from the FSB border service told me that I am barred from leaving the country.”


NEC Group signs arena VR deal with MelodyVR.

NEC Group Arenas has signed a partnership with music virtual reality company MelodyVR.  The move will bring virtual access to live events in multiple British venues.  Concertgoers now have access to a selection of past live events at the Genting Arena and Arena Birmingham using VR technology.  Performances include Royal Blood, the Script, and UB-40.  MelodyVR will also livestream concerts in real-time, offering virtual tickets to sold-out shows at both arenas.

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Fan dies at Osheaga Festival — and another sues over Travis Scott’s tardiness.

Ottowa resident Collins Obiagboso passed away after becoming separated from his friends at the Osheaga Festival in Montreal.  Police later found and pulled his body from the St. Lawrence River.

Another festivalgoer has filed a lawsuit against Evenko, the festival’s organizer, for Travis Scott’s late arrival.  The rapper performed an hour and a half late, causing the crowd to reportedly grow “impatient and aggressive.”


Ticketfly allowed to recover money from bankrupt Canadian music festival Pemberton.

British Columbia Supreme Court Justice Nitya Iyer has agreed to allow Ticketfly Canada to recovery money from Pemberton Music Festival organizers after the event filed for bankruptcy.  Its owner, Pemberton Music Festival Limited Partnership (PMFLP), filed for bankruptcy two months before the event last year.  Ticketfly had signed an agreement with Huka Entertainment, which produced the event on behalf of PMFLP.


Looks like they weren’t too old to sneak out to attend a heavy metal concert.  Just too ill.

German media outlet Deutsche Well has criticized local police officers for “misinformation” in a statement last week.  Police had originally reported two older men snuck out of their nursing home to attend heavy metal festival Wacken Open Air.  The two men were 58-year-old and 59-year-old patients from a local mental health facility.  They didn’t attend the festival, but did go to the city of Wacken to “party.”


Alpha Omega announces partnership with TMG.

Alpha Omega Management has announced a worldwide alliance with artist management company Tovar Music Group (TMG).  The partnership will see TMG’s John Tovar and Eyal Perelmuter join Alpha Omega.  Both companies will use their global resources to “bring incredible things to all the bands in both rosters.”


Lumineers manager accused of sexual assault and misconduct.

Six women have now come forward, accusing former Lumineers manager David Meinert of sexual assault and misconduct.  Last month, five women had accused him of rape, sexual assault, and sexual misconduct.  The incidents include genital touching, non-consensual kissing and groping, threatening comments, and slapping a woman repeatedly.  Meinert has previously denied past allegations, but has remained silent on current ones.

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Triller announces deal with 7digital.

Triller, a user-generated music video platform, has signed a deal with British B2B platform 7digital.  The deal grants access to 7digital’s catalog, bringing millions of songs to social media influencers, Triller’s primary audience.


AEG partners with Made Events.

Made Festival organizers have teamed up with AEG UK to launch a 2-day indoor festival.  The Made For The Weekend Festival will take place at the Genting Arena in Birmingham on October 12th and 13th.  The line-up includes Chase & Status, Pusha T, Giggs, Stefflon Don, Andy C, and Eli Brown, among others.


APE celebrates 15th anniversary.

Indie concert promotion company Another planet Company (APE) has celebrated its 15th birthday.  APE oversees five venues and three festivals in San Francisco.


Downtown signs Chase & Status.

British dance duo Chase & Status has signed a worldwide publishing deal with Downtown.  The deal will cover the duo’s upcoming album, Return 2 Jungle, and external third-party writing.


Reservoir signs former X-Factor USA finalist Jeff Gutt.

Reservoir, a music rights firm, has signed Jeff Gutt, the Stone Temple Pilots’ new frontman, to a worldwide publishing deal.  The deal covers his entire songwriting catalog, including songwriting credits on current and upcoming Stone Temple Pilots works.


Mac DeMarco launches his own label and announces tour.

Canadian singer/songwriter Mac DeMarco has opened his own record label.  Caroline, UMG’s label services business, will distribute the label’s future works.


Sound City announces a promotion.

Liverpool’s Sound City music festival and conference has promoted Becky Ayres as the event’s Managing Director.  She had served as Sound City’s Chief Operating Officer since 2012.  Former event Managing Director and founder Dave Pichilingi will focus on Modern Sky, a major Chinese indie label.


Taylor Traversari named GM of Koka Booth Amphitheatre.

Venue management group SMG has named Taylor Traversari as General Manager of the Koka Booth Amphitheatre in Cary, North Carolina.  The son of music industry veteran Ed Traversari, he most recently produced the Wide Open Bluegrass Festival and July 4th Festival in Raleigh.  Traversari previously served as the Manager of Red Hat Amphitheatre in Raleigh.


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