Primary Wave raises $375m and signs deal with Virgin Music
Primary Wave Music is well and truly in the game for buying music rights. This year alone it has acquired (in full or in part) catalogues from artists and/or songwriters including Dan Wilson, KT Tunstall, Jon Lind, Wilson...
June 14, 2021
Pias says it stays ‘fully independent’ despite UMG deal
More consolidation of the independent distribution sector by the major labels? Well, not quite, but Universal Music Group’s ‘strategic global alliance’ with independent firm Pias is an intriguing move as the majors...
June 9, 2021
Reservoir buys Tommy Boy, plans De La Soul re-releases
Music rights company Reservoir has made its latest acquisition: of pioneering label Tommy Boy Music. The deal will see Reservoir buy more than 6,000 master recordings of hip-hop and electronic music, with Tommy Boy becoming...
June 7, 2021
Grand Theft Auto maker Rockstar Games launches a label
Rockstar Games has a long and fruitful history of music partnerships, from the innovative in-game radio stations of its later Grand Theft Auto games to its recent opening of a virtual nightclub in GTA V’s online version,...
May 25, 2021
Afrobeats label Mavin launches initiative for future leaders
Happy birthday to you, Nigeria-based Afrobeats label Mavin, which was founded nine years ago. Those nine years have seen Mavin generate more than 2.3bn streams from its catalogue, and increasingly global success for signings...
May 10, 2021
Record labels sue Vimeo in Italy for copyright infringement
Video streaming service Vimeo’s repositioning as a largely B2B-focused operation seemed to be a positive thing for artists and labels, giving them a white-label alternative to YouTube for putting out their videos. However,...
May 6, 2021
UK study questions majors/indies split on streaming playlists
Do independent labels get a fair share of slots on music streaming services’ playlists? It’s a complicated question, with the answer having varied, historically, depending on which playlists you’re talking about (all...
March 29, 2021
Impala rejects ER but says labels should pay fair digital rates
Impala, which represents independent music companies in Europe, is the latest organisation to step in to the debate about the music streaming economy and how to reform it. “Our aim is to make streaming fairer and provide...
March 24, 2021
New label Offmeta will explore the music and esports crossover
The latest company looking to forge more links between the music and esports industries is Offmeta, which launches today. It’s a label that plans to sign artists and seek out licensing deals and partnerships for them in...
March 18, 2021
Major labels and Merlin’s share of Spotify streams is falling
Spotify’s latest financial filing is being picked over for interesting trends, and one of those is the combined share of streams for the catalogues of the three major labels, plus the independent catalogue licensed...
March 2, 2021
US recorded music revenues grew 9.2% in 2020 despite Covid-19
The bottom dropped out of the live music industry in 2020 due to Covid-19, but it’s becoming clear that the recorded music industry weathered the storm thanks to streaming subscription revenues, whose growth continued....
March 1, 2021
Major labels talk user-centric payouts and equitable remuneration
Spotify, Apple Music and Amazon Music had their say at the UK’s streaming economics inquiry yesterday: if you missed it last night, here’s our report on their session. But yesterday the parliamentary committee...
February 24, 2021