Labels Archives - Digital Music News

You’re Gonna Hear a Lot More Music from Prince — Thanks to This Sony Music Deal

June 19, 2018

Paisley Park. Two years after his tragic passing, Prince’s massive stash of music may be released. It now appears that the Prince's estate, which is currently being handled by Comerica Bank, has come to an a... Read More...

iHeartMedia Still Owes Artists $16.4 Million. Now, It Wants to Pay Itself $108 Million in Bonuses

Here’s Exactly How Sony Music Is Sharing Its $750,000,000 Spotify Windfall

Paul Resnikoff

June 14, 2018

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Image by Thomas Galvez (CC by 2.0) Sony Music Entertainment promised to pay its artists a portion of its recent Spotify stock liquidation. Now, they're over-delivering on that promise — and sending this detai... Read More...

Spotify Is Hitting Labels Where It Hurts the Most: Brand-New Talent

Paul Resnikoff

June 11, 2018

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Your move, Lucian. Spotify says they're not signing artists, therefore they're not a label. That's pretty funny. If you want to know Spotify's biggest problem, just look at their latest quarterly financial ... Read More...

Italian Dance Powerhouse Ego Music Expands Its Alliance With Believe

Marsha Silva

May 31, 2018

Ego Music is expanding the role of longtime distributor Believe Digital. Ego Music is a top Italian label in the dance market. Now, the company is extending — and expanding — its alliance with Believe Digit... Read More...

A2IM Is Holding Elections for Its 2018 Board of Directors

Marsha Silva

May 24, 2018

The American Association of Independent Music, also known as A2IM, has opened voting for three slots on its Board of Directors. Voting officially opened this week, with a voting deadline of June 12th. The... Read More...

A UK Music study reveals value gap between YouTube and content creators

Universal Music Group Is Now Toying With a $40 Billion IPO — Among Other Possibilities

Paul Resnikoff

May 18, 2018

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Universal Music Group headquarters, Santa Monica, CA (photo: coolcaesar CC 3.0) Universal Music Group (UMG) parent Vivendi is now considering a behemoth Wall Street public offering. But that's just one of se... Read More...

Now There’s a Way for Digital Distributors to Fund Indie Labels

Daniel Sanchez

May 17, 2018

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Sound Royalties wants to give indie labels some advanced cash —based on the anticipated earnings of their catalogs. That could make sense for certain indies. This is a potentially interesting concept that's... Read More...

Merlin Just Cashed 100% of Its Spotify Shares — And Is Giving 100% to Its Members

Paul Resnikoff

May 14, 2018

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Guess it pays to stay indie! According to Merlin CEO Charles Caldas, the independent has cashed all of its Spotify shares, with all of it passing through to its members. Sony Music Entertainment and Warner ... Read More...

Billionaire Vincent Bolloré Grabs 24 Percent of Vivendi as Universal Music’s IPO Looms

Paul Resnikoff

May 14, 2018

Vincent Bolloré in 2014 (photo: Thesupermat CC 4.0) French billionaire Vincent Bolloré is now assuming a much bigger stake in Vivendi — just moments before an expected UMG public offering announcement. Looks... Read More...

Billboard’s President Accused of Burying Charlie Walk Stories

Paul Resnikoff

May 7, 2018

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The Hollywood Reporter and Billboard Magazine repeatedly buried stories relating to Charlie Walk and sexual abuse allegations, according to accusations now surfacing. It's one thing to hold a story for lack ... Read More...

So, Where Did Ja Rule and Billy McFarland Waste Fyre Festival Money?

Wow! Sony Just Cashed 50% of Its Spotify Shares — a $760 Million Payout

Paul Resnikoff

May 1, 2018

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aisletwentytwo (CC by 2.0) When it comes to Spotify liquidation, Sony Music isn't f—ing around! The major label has now cashed nearly 50% of its Spotify shares, according to an announcement from parent Sony ... Read More...

Meet the Company That’s Paying Artists $9.99 Out of Every $10

Paul Resnikoff

April 23, 2018

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Feedbands has a hair-brained plan that mixes cryptocurrency, crowdsourcing, and a vinyl subscription service. Amazingly, it's actually working for artists. DMN is proud to be partnering with Feedbands as th... Read More...