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  • Latest Music Industry Hires: RCS Worldwide, Ground Control Touring, Arc28 Entertainment, Nebula17, SeatGeek, Dolly Parton Estate, More
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Apple Music revenue

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SiriusXM financials

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Cancel the Debt!

The Trail of Debt Left Behind by Beleaguered Music Streaming Service Guvera

Daniel Sanchez
August 2, 2016
3
Building on last week’s news of troubled music service Guvera, who decided to shut down shop in Australia and focus on emerging markets reported here on Digital Music News, the Australian Business Review is... Read More...

Music Dealers Suddenly Closes Doors, Leaving Many Artists Without Pay (Updated)

Daniel Sanchez
July 28, 2016
2
Update 3; July 29th, 6:15 pm PT.  Early this morning, we reported that former Coca-Cola executive Judith Snyder was a co-founder of Music Dealers.  Snyder immediately contacted us, informing DMN that she was ... Read More...

SoundCloud Reportedly for Sale for $1 Billion…

Daniel Sanchez
July 27, 2016
5
SoundCloud for Sale? Bloomberg.com is reporting that privately-owned SoundCloud’s founders and investors are seriously considering a sale.  That includes investment firm Doughty Hanson & Co., just one of... Read More...

Father John Misty Offered $250,000 for a Chipotle Ad, TURNS IT DOWN

Paul Resnikoff
July 26, 2016
9
How much do you value your credibility? We've written a lot about 'selling out,' and how the lines have completely changed since the 60s.  But there's definitely still a line, especially for artists on the i... Read More...

Deezer Is Launching the Strangest Free Access Tier In the World

Paul Resnikoff
July 21, 2016
13
Deezer will let you listen for free.  But you might have to pay. Earlier this week, French streaming service Deezer entered treacherous American waters with a paid-only streaming music service.  That sounded... Read More...

TuneCore: In Q1 We Paid $42 Million To Artists

Charlotte Hassan
June 17, 2016
4
That's a 16% year-over-year increase... But, what's more interesting, is that TuneCore reports that their growth in revenue was fuelled by a 126% increase in gross revenue from YouTube, which includes a 730%... Read More...

SoundExchange Will Have Paid $4.3 Billion In Digital Royalties By End Of 2016.

Charlotte Hassan
June 17, 2016
2
SoundExchange is paying more money year-on-year to artists and rights owners... According to a report by Billboard, SoundExchange is set to pay out $860 million in digital royalties this year. SoundExchange ... Read More...

Snapchat Raises $1.8B In Funding Round, Predicts $1 Billion In Revenue by 2017

Charlotte Hassan
May 26, 2016
5
Snapchat is one of the fastest-growing social media platforms, and it seems that its success is only going to continue. In its latest funding round, the company raised over $1.8 billion, with investors includ... Read More...

Largest Radio Conglomerate In America Battles Financial Implosion…

Charlotte Hassan
May 25, 2016
5
iHeartMedia wins corporate lawsuit, after battling major debt... Massive radio conglomerate iHeartMedia has long been struggling to stay afloat after saddling itself with billions in debt.  Now, there's a we... Read More...

YouTube Red Declares Streaming Price War…

Charlotte Hassan
May 25, 2016
12
In the music streaming market, there is a growing trend of streaming services reviewing their price points, re-looking at the timeframe of free trials, and changing the cost of those teaser periods. YouTube R... Read More...

DistroKid Will Now Pay Everyone Who Worked On Your Song

Ari Herstand
May 19, 2016
23
This is groundbreaking.  It's a first on a mass scale in the current music industry. This is where we have evolved to.  And this is where we are at. DistroKid is one of the world's leading digital distributi... Read More...

Guess Which Streaming Service Is Planning a $600 Million IPO?

Charlotte Hassan
May 11, 2016
3
China is a country that has been making significant strides in the digital music space over the past few years. With a population of over 1.4 billion people and a growing music market, it is no surprise that ... Read More...
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  • Photo: Tsunami Green

    Will the Music Industry Ever Get a Handle on Rightsholder Payouts?

    Digital formats have been around for decades. So why is the music industry still struggling with sluggish payouts, met... Read More...
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