DJ edits of hit songs are everywhere, but the artists of the original music have not been properly compensated for the use of their works — until now. Whether you’re driving to the club, dancing at the club, or pounding tequila shots at your best friend’s wedding, carefully crafted tracks …
Read More »California Music Venues Aim to Reopen by June 15th
Governor Gavin Newsom announced Tuesday that California could fully reopen on June 15th, a move that might allow for the state’s concert venues to resume business if certain conditions are met. With nearly a quarter of California’s adults fully vaccinated and the coronavirus infection rate dropping, Newsom said that — …
Read More »Biden's $1.9 Trillion Stimulus Plan Gives Struggling Venues a Needed Boost
Struggling music venues across the country received an added lifeline after the Senate and House of Representatives passed a $1.9 trillion stimulus package known as the American Rescue Plan on Wednesday. President Joe Biden signed the legislation Thursday, March 11th. The new aid package includes an additional $1.25 billion in …
Read More »TikTok Taps 100 Black Creators for an Incubator Program
A month after announcing the creation of its incubator program for black creators on the app, TikTok has selected its first class of 100 creators, who will be getting support to help boost their careers through networking and more individualized focus from TikTok. TikTok selected 100 creators out of 5,000 …
Read More »Why Beatmaking Site Splice Is Suddenly Worth $500 Million
Music creation platform Splice is valued nearly half a billion dollars this week, following a $55 million investment from Goldman Sachs as well as from an investment firm called Music, according to a report from Bloomberg — the latest affirmation for the booming do-it-yourself music ecosystem. The DIY and independent …
Read More »BMG Finds Financial Disparities in Black Artists' Old Record Contracts
On Thursday, label and publishing company BMG shared the results of its long-awaited review of historical record contracts, which it had initially announced this summer as a response to Blackout Tuesday. The report revealed that music catalogs from four of the 33 labels BMG had acquired since its founding in …
Read More »Blackpink Reschedule First-Ever Livestream Concert
UPDATE (December 16th): Blackpink announced that their livestream has been postponed. The new date is January 31st, but the start time remains the same. “Due to the consistent spread of the Covid-19 pandemic, we’re sure that many of you are going through hard times,” Blackpink said in a statement. “We …
Read More »Spotify Debuts 'Video Podcasts,' Also Known As Talk Shows
YouTube better watch out. Spotify on Tuesday announced the introduction of “video podcasts” on the music-streaming service — so that instead of just hearing beloved personalities talk about preferred topics, fans can also see their faces and observe their behavior and surroundings. The so-called “vodcasts,” available to Spotify free and …
Read More »What Music's Tech Companies Are Doing on Blackout Tuesday
In response to the killing of George Floyd and other black victims of police brutality, record labels, artists, and executives across the music industry pledged their participation in Blackout Tuesday — a day meant to invoke reflection and honest conversation — over the last few days. The event has spread …
Read More »Live Nation's CEO Is Giving Up His $3 Million Salary Over the Coronavirus
Live Nation Entertainment, the music industry‘s largest concert promoter, announced a series of cost-cutting measures on Monday, brought on by struggles from the ongoing COVID-19 pandemic, which has sidelined live music in the U.S. since last month. The company has opened up a new $120 million revolving credit-facility loan, CEO …
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