Labels Archives - Digital Music News

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

April 23, 2018

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...

Sony Never Paid a Piece of Their Spotify Advances. So Why Are They Paying on the IPO?

Paul Resnikoff

April 9, 2018

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photo: Goumbik (CC0) It's not that Sony wants to give you the money. It's that they simply can't afford not to. Once upon a time, Sony Music Entertainment charged their artists a fee for every CD sold. Why... Read More...

Sony Music Just Dumped $250 Million Worth of Spotify Stock

Marsha Silva

April 4, 2018

photo: skeeze (CC0) Spotify's first day on the New York Stock Exchange went smashingly great. But does Sony Music Entertainment know something we don't? Amidst all the hoopla surrounding Spotify's big day a... Read More...

Merlin Just Licensed 90% of China’s Legitimate Digital Music Market

Marsha Silva

March 19, 2018

Do the Chinese like Western indie music? Thanks to a groundbreaking deal by Merlin, we're about to find out. Through a string of new licensing arrangements, Merlin is taking indie music to China. ... Read More...

Lil Pump Just Voided His Major Label Contract and Kept the $350k Advance

Lennon Cihak

January 16, 2018

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Lil Pump's non-favorable contract with Warner Bros. Records is up. Lil Pump, an overnight rap sensation with his smash hit "Gucci Gang," inked a non-favorable contract deal with Warner Bros. Records when he ... Read More...

In 2004, Warner Music Was Sold for $2.6 Billion. This Year Alone, the Company Made $3.58 Billion.

Paul Resnikoff

December 5, 2017

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photo: Ba Su (CC0) According to financial details disclosed today, Warner Music Group's annual revenues are up 10.2% to $3.58 billion. It seemed like a good idea at the time. Back in 2004, Warner Music Gr... Read More...

This Year, Not a Single Grammy Winner Thanked Radio. Here’s Why.

Paul Resnikoff

September 8, 2017

Paris Jackson at the 2017 Grammy Awards Radio used to make Grammy winners. Now they don't even get mentioned. What's going on? Is traditional radio dying? That depends on who you ask. Traditional, 'ter... Read More...

Warner Music Is Betting Big on This ‘Dance EDM’ Thing the Kids Seem to Like

Paul Resnikoff

September 7, 2017

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Warner Music Group has just acquired Spinnin' Records, one of the largest indie EDM labels. This morning, word leaked that Warner Music Group was finalizing its renewal with Apple Music. Just a few hours la... Read More...

This Artist Left a Successful Career to Travel the World

Daniel Carissimi

August 30, 2017

I found Lucy Rose backstage at Latitude Festival in Suffolk, UK. She is a modest, witty, and understated individual. Which is why she clearly did not want to discuss the private jet. Private jet? Oh yeah.... Read More...

This Record Label Is Giving 100% Of Its Profits to Hurricane Harvey Relief

Paul Resnikoff

August 30, 2017

Yesterday, a number of prominent artists donated funds to assist victims of Hurricane Harvey. Now, an entire record label is joining the effort. We didn't expect Chris Brown to come forward with $100,000 to... Read More...

Spotify Just Signed Its Last Major Label Licensing Deal

Paul Resnikoff

August 24, 2017

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Big, big news: Spotify has just signed an updated licensing deal with Warner Music Group. That puts the last major label license in the bag — and brings an IPO ever closer to reality. After months and month... Read More...

In 2004, Warner Music Was Sold for $2.6 Billion. This Year Alone, WMG’s Revenues Have Already Hit $2.7 Billion

Paul Resnikoff

August 8, 2017

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Who says Spotify doesn't pay? Warner Music Group is now one of the biggest beneficiaries of a streaming kaboom. It was a dump-off deal from a financially-strapped media conglomerate. In 2004, Time Warner d... Read More...