Tag: major labels

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Should Spotify windfall lead majors to cancel unrecouped debts for legacy artists?

Musician Tom Gray of British band Gomez – currently firing up crowds on the 20th anniversary tour celebrating their 'Bring It On' album – has an idea for major labels about how to follow up their windfalls from Spotify's...
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Streaming growth may be ‘haunted by advance payments’

Music-streaming revenues are still growing at a decent clip, but how much of that growth comes from payments for streams versus payments of advances to major labels? Midia Research’s Mark Mulligan has been calculator-bashing...
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Streaming now bigger than downloads for Universal Music

Universal Music Group has reached a new digital tipping point: in the third quarter of this year, streaming generated 51% of its recorded music business’ digital income, according to UMG’s latest financial results. That...
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Paul McCartney’s manager: majors mulling fairer digital deals

Major labels have been asking managers whether they should be striking “more equitable digital deals” via external consulting groups, according to veteran manager Scott Rodger, who handles Paul McCartney and Arcade Fire...
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AIM boss says majors ‘dreadfully wrong-footed’ by Apple Music

Indie body AIM’s boss Alison Wenham has criticised the major labels for agreeing to Apple’s original no-royalties plan for the three-month trial of Apple Music. “Why did they agree those deals knowing full well that...
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UMG revenues up as digital income overtakes physical sales

Universal Music has reported a strong first half of 2015, as parent company Vivendi published its latest financials. UMG’s revenues rose by 15.4% to €2.3bn in the first half of this year, although at constant currency...
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Spotify’s Ken Parks talks artist politics, upselling and the major/indie divide

Billboard has run a lengthy Q&A with Ken Parks
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Trent Reznor explains why he’s back on a major label

Trent Reznor has been explaining to Techdirt why he has signed his new band How To Destroy Angels to Sony's Columbia Records.
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Three strikes back on the agenda in Ireland

The four major labels have succeeded in their attempt to overturn a Data Protection Commissioner (DPC) ruling in Ireland that three-strikes graduated response initiatives by ISPs were illegal.
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Merlin boss says major labels responsible for digital service failures

Merlin CEO Charles Caldas says that new digital music services that build their business models solely around the demands of major labels are playing a risky game.
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Turntable.fm closing in on major-label deals

Once-buzzy music startup Turntable.fm is on the verge of signing licensing deals with several major labels, according to a report on CNET.
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Rhapsody criticises ‘brutal, brutal’ licensing environment

Rhapsody VP and general counsel Cecily Mak has criticised the licensing strategies of major labels, in a speech at the Digital Music Forum East conference in New York.